Montana Rail Link Retiree Health Plan Co Collectively-Bargained Trust

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 200504698 ✦ Missoula, MT ✦ Designated as a 501(c)(9)

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Overview

What is Montana Rail Link Retiree Health Plan Co Collectively-Bargained Trust?

The Montana Rail Link Retiree Health Plan Co Collectively-Bargained Trust is a specialized funding entity, established to secure retiree medical benefits for select union workers affiliated with Montana Rail Link, Inc. This nonprofit organization caters to nine labor unions connected to Montana Rail Link, ensuring their retired employees have access to necessary medical coverage. The Trust serves as a vital financial resource, providing a safety net for the retirees' healthcare needs.

Is Montana Rail Link Retiree Health Plan Co Collectively-Bargained Trust legitimate?

Montana Rail Link Retiree Health Plan Co Collectively-Bargained Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Montana Rail Link Retiree Health Plan Co Collectively-Bargained 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

For more financial information, click here

What is the mission statement of Montana Rail Link Retiree Health Plan Co Collectively-Bargained Trust?

The Montana Rail Link Retiree Health Plan Co Collectively-Bargained Trust serves as a funding source for retiree medical benefits for specific union employees of Montana Rail Link, Inc. Its primary objective is to cater to the medical needs of these employees, who are members of the nine labor unions affiliated with Montana Rail Link, Inc. The Trust acts as a financial vehicle to ensure the continued provision of medical benefits for these retirees. It aims to provide a secured and sustainable medical support system for the covered individuals, ensuring their well-being during their post-employment years.

Who is the CEO of Montana Rail Link Retiree Health Plan Co Collectively-Bargained Trust?

Mike Basile is the Chairman, Trustee of Montana Rail Link Retiree Health Plan Co Collectively-Bargained Trust.

What is the revenue of Montana Rail Link Retiree Health Plan Co Collectively-Bargained Trust?

Montana Rail Link Retiree Health Plan Co Collectively-Bargained Trust's revenue in 2022 was $2,961,265.

Who are the executives of Montana Rail Link Retiree Health Plan Co Collectively-Bargained Trust and what are their salaries?

There 7 volunteers at Montana Rail Link Retiree Health Plan Co Collectively-Bargained Trust.


Here are 7 key members and their salaries:


Mike Basile (Chairman, Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Mattson (Secretary, Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce G Glover (Trustee (Through September))
  • Compensation: $0
  • Related: $0
  • Other: $0
John Mozinski (Trustee (From September))
  • Compensation: $0
  • Related: $0
  • Other: $0
Jess Nelson (Trustee, Plan Administrator)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jody Verity (Plan Administrator)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Huckabee (Plan Administrator (From September))
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Montana Rail Link Retiree Health Plan Co Collectively-Bargained Trust?

Montana Rail Link Retiree Health Plan Co Collectively-Bargained Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Montana Rail Link Retiree Health Plan Co Collectively-Bargained Trust

The Montana Rail Link Retiree Health Plan Co Collectively-Bargained Trust is established with a mission to serve as the funding source for retiree medical benefits for a select group of union employees associated with Montana Rail Link, Inc. This nonprofit organization caters to the nine labor unions connected to the company, providing financial support for the retiree healthcare needs of these employees. Its primary purpose is to ensure the continuity of medical benefits for these union members once they retire, thereby providing them with a level of security and peace of mind in their post-employment years.

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Impact




October, 2024

Montana Rail Link Retiree Health Plan Co Collectively-Bargained Trust serves a crucial role in providing funding for retiree medical benefits specifically for union employees of Montana Rail Link, Inc. By establishing a dedicated trust, the plan ensures that retirees, who are members of the nine labor unions associated with Montana Rail Link, have access to essential healthcare services. This funding vehicle supports the well-being of retired workers, allowing them to manage their healthcare needs without the burden of overwhelming costs. The trust helps maintain a stable and supportive environment for these retirees in Missoula, MT, contributing to their financial security and overall quality of life in retirement. Through this initiative, the Trust underscores its commitment to mutual benefit and the welfare of its members.




This information is meant to be a general summary of Montana Rail Link Retiree Health Plan Co Collectively-Bargained 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.

Revenue
$2,961,265 (2022)
Expenses
$1,246,116 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $116,447
  • Program Service Revenue: $2,844,818
  • Gross Receipts: $19,443,103

Assets and Liabilities:

  • Total Assets: $48,524,937
  • Total Liabilities: $115,963
  • Net Assets: $48,408,974

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Employer Contributions

Revenue

$2,571,568

Employee Contributions

Revenue

$202,615

Cobra Contributions

Revenue

$70,635

Organization Details

Founding Year

2003

Principal Officer

Mike Basile

Main Address

PO Box 16390, Missoula, MT, 59808

NTEE Category

Code: Y42 - Mutual benefit

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