Overview
What is Thunderbird Retirees Inc Health And?
Thunderbird Retirees Inc Health and Welfare is a nonprofit organization situated in St. Cloud, Minnesota. Its primary mission is to fund medical insurance premiums for a group of around 300 eligible individuals, namely former bargaining unit employees of Thunderbird Mining Company, their surviving spouses, and certain dependents. The nonprofit is specifically responsible for administering benefits under the Thunderbird Mining Company Retiree Health and Welfare Benefits Plan. This plan ensures that the covered individuals have access to necessary medical insurance coverage, thereby supporting their health and well-being in their post-employment phase.
Is Thunderbird Retirees Inc Health And legitimate?
Thunderbird Retirees Inc Health And is a legitimate nonprofit organization registered as a 501(c)(9) entity. Thunderbird Retirees Inc Health And 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: $8,901
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Thunderbird Retirees Inc Health And?
Thunderbird Retirees Inc Health and, as its mission statement, aims to fund medical insurance premiums for former bargaining unit employees of Thunderbird Mining Co. and their surviving spouses, as well as certain dependents, under the Thunderbird Mining Co. Retiree Health and Welfare Benefits Plan. The organization provides financial assistance to approximately 300 participants, ensuring they have access to necessary medical insurance coverage. This initiative serves to support the health and well-being of these individuals following their employment with Thunderbird Mining Co.
Who is the CEO of Thunderbird Retirees Inc Health And?
Kelly J Carruth is the Principal Officer of Thunderbird Retirees Inc Health And.
What is the revenue of Thunderbird Retirees Inc Health And?
Thunderbird Retirees Inc Health And's revenue in 2022 was $948,503.
Who are the executives of Thunderbird Retirees Inc Health And and what are their salaries?
There is 1 key member and their salary:
- Compensation: $8,901
- Related: $0
- Other: $0
Where can I find the form 990 for Thunderbird Retirees Inc Health And?
Thunderbird Retirees Inc Health And's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Thunderbird Retirees Inc Health And
Thunderbird Retirees Inc Health And is a non-profit organization with a mission to financially support the medical insurance premiums for former bargaining unit employees of Thunderbird Mining Co., as well as their surviving spouses and certain dependents, under the Thunderbird Mining Co. Retiree Health and Welfare Benefits Plan. This organization plays a crucial role in ensuring that these individuals have access to necessary medical coverage, thereby providing them with peace of mind and essential healthcare services. Through the VeBA (Voluntary Employees' Beneficiary Association) provided benefits, approximately 300 participants have benefited from medical insurance premium assistance under the Thunderbird Mining Co. Retiree Health and Welfare Benefits Plan. This mission of Thunderbird Retirees Inc Health And is instrumental in supporting the wellbeing of a significant number of individuals post their retirement from Thunderbird Mining Co.
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Impact
October, 2024
Thunderbird Retirees Inc Health And plays a crucial role in supporting the healthcare needs of former bargaining unit employees of Thunderbird Mining Co., along with their surviving spouses and certain dependents. By funding medical insurance premiums, the organization ensures that approximately 300 participants can access essential healthcare services, which is vital for their well-being in retirement.
The impact of this organization lies in its ability to provide financial relief for healthcare costs, allowing retirees to focus on their health without the burden of significant out-of-pocket expenses. This support fosters a sense of security and stability among participants, enabling them to navigate post-retirement life with confidence. The provision of these benefits not only enhances the quality of life for retirees but also supports their families, reinforcing a community of care and mutual assistance among those associated with Thunderbird Mining Co.
This information is meant to be a general summary of Thunderbird Retirees Inc Health And. 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 2022.
- Investment Income: $89,275
- Program Service Revenue: $859,228
- Gross Receipts: $948,503
Assets and Liabilities:
- Total Assets: $4,644,244
- Total Liabilities: $0
- Net Assets: $4,644,244
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PLAN SPONSOR CONTRIBUTIONS
Revenue
$859,228
Organization Details
Founding Year
2006
Phone
(320) 258-2464Principal Officer
Kelly J Carruth
Main Address
4150 2ND STREET SOUTH STE 110, ST CLOUD, MN, 56301
NTEE Category
Code: Y43 - Mutual benefit
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