Overview
What is The Mclean Hospital Corporation Employee & Retiree Medical Trust?
The Mclean Hospital Corporation Employee & Retiree Medical Trust is a nonprofit organization, functioning as a fraternal beneficiary society and voluntary employees association. Their primary mission is to provide post-retirement medical coverage for their employee and retiree members. This trust ensures that these individuals continue to have access to essential medical care even after their retirement.
Is The Mclean Hospital Corporation Employee & Retiree Medical Trust legitimate?
The Mclean Hospital Corporation Employee & Retiree Medical Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. The Mclean Hospital Corporation Employee & Retiree Medical Trust submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of The Mclean Hospital Corporation Employee & Retiree Medical Trust?
The Mclean Hospital Corporation Employee & Retiree Medical Trust serves as a fraternal beneficiary society and voluntary employees association, with a primary mission to fund post-retirement medical coverage. This organization provides financial support for the healthcare needs of its retired employees, ensuring they maintain access to necessary medical services during their retirement years. By acting as a safety net, the trust helps its members maintain their well-being and quality of life after leaving their employment at the Mclean Hospital Corporation.
Who is the CEO of The Mclean Hospital Corporation Employee & Retiree Medical Trust?
David A Lagasse is the Trustee of The Mclean Hospital Corporation Employee & Retiree Medical Trust.
What is the revenue of The Mclean Hospital Corporation Employee & Retiree Medical Trust?
The Mclean Hospital Corporation Employee & Retiree Medical Trust's revenue in 2022 was $66,357.
Who are the executives of The Mclean Hospital Corporation Employee & Retiree Medical Trust and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $33,519
- Related: $0
- Other: $0
Where can I find the form 990 for The Mclean Hospital Corporation Employee & Retiree Medical Trust?
The Mclean Hospital Corporation Employee & Retiree Medical Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Mclean Hospital Corporation Employee & Retiree Medical Trust
The Mclean Hospital Corporation Employee & Retiree Medical Trust serves as a fraternal beneficiary society and voluntary employees association, dedicated to funding post-retirement medical coverage for its members. This nonprofit organization plays a crucial role in ensuring the medical well-being of its employees and retirees by providing financial assistance for their healthcare needs after their retirement. By functioning as a fraternal beneficiary society, it fosters a sense of community and mutual support among its members, while the voluntary employees association aspect allows for optional participation and contribution towards the medical fund. The mission of The Mclean Hospital Corporation Employee & Retiree Medical Trust is to secure a sustainable healthcare solution for its members, maintaining their overall health and wellness even in their post-retirement years.
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Impact
October, 2024
The Mclean Hospital Corporation Employee & Retiree Medical Trust plays a crucial role in providing financial support for post-retirement medical coverage for its employees and retirees. By funding this coverage, the Trust ensures that individuals who have dedicated years to serving at the hospital can enjoy a secure healthcare future after their employment ends. This support is vital for promoting the health and well-being of those who have contributed to the hospital's mission, thus fostering a sense of community and commitment among its members.
In addition to funding medical coverage, the Trust functions as a fraternal beneficiary society and voluntary employees association, which enhances the sense of belonging and support among its members. This collaborative approach not only helps mitigate healthcare costs for retirees but also strengthens the bond between current and former employees. Through its mission, the Trust significantly influences the overall quality of life for many individuals associated with McLean Hospital, contributing positively to their peace of mind during retirement.
This information is meant to be a general summary of The Mclean Hospital Corporation Employee & Retiree Medical Trust. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $66,357
- Gross Receipts: $66,357
Assets and Liabilities:
- Total Assets: $979,360
- Total Liabilities: $0
- Net Assets: $979,360
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Organization Details
Founding Year
1995
Phone
(857) 282-0747Principal Officer
David A Lagasse
Main Address
399 REVOLUTION DRIVE 645, SOMERVILLE, MA, 02145
NTEE Category
Code: Y40 - Mutual benefit
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