Icd Medical Premium Plan F/K/A Icd Welfare Trust Plan

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

EIN: 205770143 ✦ Munster, IN ✦ Designated as a 501(c)(9)

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Overview

What is Icd Medical Premium Plan F/K/A Icd Welfare Trust Plan?

Icd Medical Premium Plan F/K/A Icd Welfare Trust Plan is a nonprofit organization located at 8440 Oakwood Ave, Munster, IN 46321. The primary mission of this organization, as per the provided information, is to provide Medicare complementary premiums for eligible retirees aged 65 and above, who are part of the Institute for Career Development (ICD Retirees). This is facilitated through the Steelworkers Health and Welfare Fund. The organization operates under section 501(c)(9) of the Internal Revenue Code, signifying its exempt purpose activities.

Is Icd Medical Premium Plan F/K/A Icd Welfare Trust Plan legitimate?

Icd Medical Premium Plan F/K/A Icd Welfare Trust Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Icd Medical Premium Plan F/K/A Icd Welfare Trust Plan 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: $9,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Icd Medical Premium Plan F/K/A Icd Welfare Trust Plan?

The Icd Medical Premium Plan, formerly known as the Icd Welfare Trust Plan, functions with a mission to provide Medicare complementary premium payments for eligible retirees of the Institute for Career Development (ICD retirees aged 65 and above), facilitated through the Steelworkers Health and Welfare Fund. This organization operates under the exempt purpose activities outlined in Code Section 501 (C)(9). Its primary objective is to assist in alleviating the financial burden of Medicare premiums for the specified retirement group.

Who is the CEO of Icd Medical Premium Plan F/K/A Icd Welfare Trust Plan?

Cynthia Bacino is the Trustee of Icd Medical Premium Plan F/K/A Icd Welfare Trust Plan.

What is the revenue of Icd Medical Premium Plan F/K/A Icd Welfare Trust Plan?

Icd Medical Premium Plan F/K/A Icd Welfare Trust Plan's revenue in 2022 was $73,463.

Who are the executives of Icd Medical Premium Plan F/K/A Icd Welfare Trust Plan and what are their salaries?

There 1 volunteer at Icd Medical Premium Plan F/K/A Icd Welfare Trust Plan.


Here are 7 key members and their salaries:


Cynthia Bacino (Trustee)
  • Compensation: $9,600
  • Related: $0
  • Other: $0
Charles Shuster (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas M Conway (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David R Mccall (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Hayden (Board Member)
  • Compensation: $0
  • Related: $118,110
  • Other: $0
Stephanie Stalmah (Board Member)
  • Compensation: $0
  • Related: $106,016
  • Other: $0
Robert Fischer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Icd Medical Premium Plan F/K/A Icd Welfare Trust Plan?

Icd Medical Premium Plan F/K/A Icd Welfare Trust Plan's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Icd Medical Premium Plan F/K/A Icd Welfare Trust Plan

Icd Medical Premium Plan F/K/A Icd Welfare Trust Plan, as an organization, is dedicated to providing medical benefits. Its primary mission is to support eligible retirees of the Institute for Career Development (ICD retirees aged 65+) by covering their Medicare complement premiums, all thanks to the Steelworkers Health and Welfare Fund. This exempt purpose activity falls under Section 501(c)(9) of the Internal Revenue Code. The organization's role in this context is crucial in helping these retirees manage their healthcare expenses, ensuring they can access necessary medical care without undue financial burden.

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Impact




October, 2024

The Icd Medical Premium Plan F/K/A Icd Welfare Trust Plan significantly enhances the financial security of eligible retirees from the Institute for Career Development (ICD). By covering Medicare complement premiums, it ensures that these individuals, aged 65 and older, receive necessary medical benefits that might otherwise strain their budgets. This provision alleviates the burden of healthcare costs, allowing retirees to access essential medical services without the added stress of premium expenses. Additionally, by operating through the Steelworkers Health and Welfare Fund, the plan promotes a sense of mutual benefit among retirees, fostering a supportive community that values the well-being of its members. Overall, the plan plays a crucial role in maintaining the health and financial stability of retirees, contributing positively to their quality of life.




This information is meant to be a general summary of Icd Medical Premium Plan F/K/A Icd Welfare Trust Plan. 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
$73,463 (2022)
Expenses
$76,771 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $73,463
  • Gross Receipts: $192,131

Assets and Liabilities:

  • Total Assets: $703,588
  • Total Liabilities: $0
  • Net Assets: $703,588

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Organization Details

Founding Year

1995

Principal Officer

Cynthia Bacino

Main Address

8440 OAKWOOD AVE, MUNSTER, IN, 46321

NTEE Category

Code: Y43 - Mutual benefit

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