Mclaughlin Body Company Retiree Medical Trust

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

EIN: 207180359 ✦ Moline, IL ✦ Designated as a 501(c)(9)

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Overview

What is Mclaughlin Body Company Retiree Medical Trust?

The Mclaughlin Body Company Retiree Medical Trust is a nonprofit organization, specifically established to provide funding for health benefits for its retired hourly employees. Located in Moline, Illinois, this organization's primary mission is to ensure the well-being of its retired workforce by offering post-retirement health benefits. This commitment is reflected in its activities and mission, which are centered around providing essential medical coverage to its retired employees.

Is Mclaughlin Body Company Retiree Medical Trust legitimate?

Mclaughlin Body Company Retiree Medical Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Mclaughlin Body Company 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: $32,962
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Mclaughlin Body Company Retiree Medical Trust?

The Mclaughlin Body Company Retiree Medical Trust's primary mission is to extend post-retirement health benefits to its former hourly employees. This organization is dedicated to ensuring the well-being of its retired workers by providing financial assistance for their healthcare needs. By doing so, the Trust aims to contribute positively to the lives of its retirees, offering them peace of mind and continued access to necessary medical care.

Who is the CEO of Mclaughlin Body Company Retiree Medical Trust?

Angela Depover is the Trustee of Mclaughlin Body Company Retiree Medical Trust.

What is the revenue of Mclaughlin Body Company Retiree Medical Trust?

Mclaughlin Body Company Retiree Medical Trust's revenue in 2022 was $191,336.

Who are the executives of Mclaughlin Body Company Retiree Medical Trust and what are their salaries?

There 1 volunteer at Mclaughlin Body Company Retiree Medical Trust.


Here are 2 key members and their salaries:


Southeast National Bank (Trustee)
  • Compensation: $32,962
  • Related: $0
  • Other: $0
Angela Depover (Financial Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Mclaughlin Body Company Retiree Medical Trust?

Mclaughlin Body Company Retiree Medical Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Mclaughlin Body Company Retiree Medical Trust

The Mclaughlin Body Company Retiree Medical Trust is dedicated to providing post-retirement health benefits to its employees. Their mission is to ensure that retired hourly employees have access to necessary health care services beyond their working years. The trust provides funding for these benefits, ensuring that the retired employees can maintain their health and well-being even after leaving their jobs. This commitment shows the organization's dedication to the long-term well-being of its employees, extending beyond their active work life.

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Impact




October, 2024

Mclaughlin Body Company Retiree Medical Trust plays a crucial role in supporting the health and well-being of retired employees by providing postretirement health benefits. Its primary activity is to ensure that funding is available for health benefits for retired hourly employees, which directly influences their quality of life during retirement. By alleviating the financial burden of healthcare costs, the Trust enables retirees to access necessary medical services, promoting better health outcomes and reducing the stress associated with medical expenses. This support contributes to the overall stability and security of retirees, allowing them to enjoy a more fulfilling and worry-free retirement in Moline, IL, and beyond. The Trust's commitment to providing these benefits underscores its mission of mutual benefit for the community and its former workforce.




This information is meant to be a general summary of Mclaughlin Body Company 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.

Revenue
$191,336 (2022)
Expenses
$32,962 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $191,336
  • Gross Receipts: $1,092,431

Assets and Liabilities:

  • Total Assets: $7,956,548
  • Total Liabilities: $0
  • Net Assets: $7,956,548

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Organization Details

Founding Year

2006

Principal Officer

Angela Depover

Main Address

2430 RIVER DRIVE, MOLINE, IL, 61265

NTEE Category

Code: Y43 - Mutual benefit

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