Johnson Financial Group Inc Retiree Medical Savings Account Trust

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

EIN: 206524090 ✦ Racine, WI ✦ Designated as a 501(c)(9)

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Overview

What is Johnson Financial Group Inc Retiree Medical Savings Account Trust?

Johnson Financial Group Inc Retiree Medical Savings Account Trust is a trust established to manage assets for the Johnson Financial Group Inc Retiree Medical Savings Plan. This plan is designed to provide post-employment medical, hospitalization, and healthcare benefits to eligible individuals. The trust's primary mission is to secure and manage these assets, ensuring they are available to support the healthcare needs of the plan's beneficiaries. The trust's location is at 555 MAIN ST 440, RACINE, WI, 53403.

Is Johnson Financial Group Inc Retiree Medical Savings Account Trust legitimate?

Johnson Financial Group Inc Retiree Medical Savings Account Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Johnson Financial Group Inc Retiree Medical Savings Account 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 Johnson Financial Group Inc Retiree Medical Savings Account Trust?

The Johnson Financial Group Inc Retiree Medical Savings Account Trust is established with the mission to manage the assets of the Johnson Financial Group Inc's Retiree Medical Savings Plan. This trust serves as a savings program, providing financial resources for post-employment medical, hospitalization, and healthcare benefits for eligible individuals. The primary goal is to ensure the preservation and management of these funds to meet the medical needs of retirees.

Who is the CEO of Johnson Financial Group Inc Retiree Medical Savings Account Trust?

Wendy Brudnicki is the Trustee of Johnson Financial Group Inc Retiree Medical Savings Account Trust.

What is the revenue of Johnson Financial Group Inc Retiree Medical Savings Account Trust?

Johnson Financial Group Inc Retiree Medical Savings Account Trust's revenue in 2022 was $1,563,075.

Who are the executives of Johnson Financial Group Inc Retiree Medical Savings Account Trust and what are their salaries?


Here are 6 key members and their salaries:


Scott Cooney (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Domian (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Bernal (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Behrens (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Andrew (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wendy Brudnicki (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Johnson Financial Group Inc Retiree Medical Savings Account Trust?

Johnson Financial Group Inc Retiree Medical Savings Account Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Johnson Financial Group Inc Retiree Medical Savings Account Trust

Johnson Financial Group Inc Retiree Medical Savings Account Trust is a savings program with a clear mission. Its primary objective is to manage and safeguard the assets of the Johnson Financial Group Inc Retiree Medical Savings Plan. This plan is designed to provide post-employment medical, hospitalization, and healthcare benefits for its members. By holding these assets, the trust ensures that retirees can continue to access essential medical services, offering a sense of financial security and peace of mind in their later years.

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Impact




October, 2024

Johnson Financial Group Inc Retiree Medical Savings Account Trust plays a significant role in securing the financial well-being of retired employees by managing funds specifically allocated for their post-employment medical, hospitalization, and healthcare benefits. By holding the assets of the Johnson Financial Group, Inc. Retiree Medical Savings Plan, the trust ensures that retirees have access to necessary healthcare resources, fostering a sense of security during their retirement years.

The trust contributes to the overall health of the community by promoting the financial stability of retirees, which can reduce the reliance on public healthcare resources. Furthermore, by effectively managing these funds, the trust supports the long-term sustainability of the retiree medical savings program, providing peace of mind to both employees and their families regarding future healthcare expenses. In doing so, it enhances the quality of life for retirees, allowing them to focus on their health and well-being without the burden of financial stress related to medical costs.




This information is meant to be a general summary of Johnson Financial Group Inc Retiree Medical Savings Account 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
$1,563,075 (2022)
Expenses
$1,010,071 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $430,820
  • Program Service Revenue: $1,132,255
  • Gross Receipts: $1,563,075

Assets and Liabilities:

  • Total Assets: $13,943,460
  • Total Liabilities: $0
  • Net Assets: $13,943,460

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Programs

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

EMPLOYEE CONTRIBUTIONS

Revenue

$951,383

EMPLOYER CONTRIBUTIONS

Revenue

$180,872

Organization Details

Founding Year

2004

Principal Officer

Wendy Brudnicki

Main Address

555 MAIN ST 440, RACINE, WI, 53403

NTEE Category

Code: Y43 - Mutual benefit

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