Overview
What is Medical Benefits Plan And Trust For The Federated-Allied Retirees Association?
The Medical Benefits Plan and Trust for the Federated-Allied Retirees Association is a nonprofit organization based in Hauppauge, New York. Its primary mission is to offer medical and prescription drug benefits to eligible retired employees, surviving spouses, and their dependents. This Voluntary Employee Benefit Association (VEBA) funds the payment of these benefits, ensuring financial assistance for healthcare needs in retirement. The organization, as indicated in the information provided, focuses on providing essential medical coverage to its members.
Is Medical Benefits Plan And Trust For The Federated-Allied Retirees Association legitimate?
Medical Benefits Plan And Trust For The Federated-Allied Retirees Association is a legitimate nonprofit organization registered as a 501(c)(9) entity. Medical Benefits Plan And Trust For The Federated-Allied Retirees Association 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: $66,700
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Medical Benefits Plan And Trust For The Federated-Allied Retirees Association?
The Medical Benefits Plan and Trust for the Federated-Allied Retirees Association serves a mission to provide certain medical and prescription drug benefits to eligible retired employees, surviving spouses, and dependents. This voluntary employee benefit association is committed to alleviating healthcare expenses for these individuals. By offering these benefits, the organization aims to contribute positively to the well-being and financial security of its beneficiaries. The focus of this plan is to support the medical needs of retired employees, ensuring they continue to receive necessary healthcare services during their retirement years.
Who is the CEO of Medical Benefits Plan And Trust For The Federated-Allied Retirees Association?
Mary-Jo Horton is the Chairwoman of Medical Benefits Plan And Trust For The Federated-Allied Retirees Association.
What is the revenue of Medical Benefits Plan And Trust For The Federated-Allied Retirees Association?
Medical Benefits Plan And Trust For The Federated-Allied Retirees Association's revenue in 2021 was $0.
Who are the executives of Medical Benefits Plan And Trust For The Federated-Allied Retirees Association and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $28,500
- Related: $0
- Other: $0
- Compensation: $19,100
- Related: $0
- Other: $0
- Compensation: $19,100
- Related: $0
- Other: $0
Where can I find the form 990 for Medical Benefits Plan And Trust For The Federated-Allied Retirees Association?
Medical Benefits Plan And Trust For The Federated-Allied Retirees Association's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Medical Benefits Plan And Trust For The Federated-Allied Retirees Association
The Medical Benefits Plan and Trust for the Federated-Allied Retirees Association, in essence, serves to provide specific medical and prescription drug benefits to eligible retired employees, surviving spouses, and their dependents. This voluntary employee benefit association (VEBA) is committed to ensuring that these individuals have access to necessary healthcare services during their retirement years. By offering these benefits, the organization aims to alleviate some of the financial burden associated with medical expenses, thereby contributing to the overall well-being of its beneficiaries. The Medical Benefits Plan and Trust for the Federated-Allied Retirees Association stands as a testament to the importance of post-employment healthcare support, providing a crucial safety net for its members as they navigate their post-career lives.
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Impact
October, 2024
The Medical Benefits Plan and Trust for the Federated-Allied Retirees Association provides essential financial support for medical and prescription drug expenses, significantly impacting the quality of life for eligible retired employees, their surviving spouses, and dependents. By alleviating the burden of healthcare costs, the plan ensures that retirees have access to necessary medical care, which is critical as they navigate the complexities of aging and healthcare needs.
The program’s focus on medical benefits enhances the financial security of its beneficiaries, allowing them to maintain their health without the constant worry of rising medical expenses. This support fosters a greater sense of stability among retirees and their families, promoting overall well-being. Additionally, the association serves as a mutual benefit platform, facilitating a community where shared experiences and resources can bolster the welfare of its members, ultimately reinforcing the bonds among retirees and enhancing their post-employment lives.
This information is meant to be a general summary of Medical Benefits Plan And Trust For The Federated-Allied Retirees Association. 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 2021.
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
1992
Phone
(800) 828-3605Principal Officer
Mary-Jo Horton
Main Address
C/O CBC 1373 VETERANS MEMORIAL HWY, HAUPPAUGE, NY, 11788
NTEE Category
Code: Y40 - Mutual benefit
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