Overview
What is Massachusetts Public Employees Health And Welfare Fund?
The Massachusetts Public Employees Health and Welfare Fund is a state-sponsored program committed to providing and managing dental and vision benefits for approximately 33,000 individuals. This nonprofit organization plays a crucial role in enhancing the overall well-being of its members by administering these essential services.
Official website here: www.mpefund.org
What are the reviews and ratings of this charity?
The Massachusetts Public Employees Health And Welfare Fund is not currently rated by Charity Navigator. This absence of a rating does not reflect positively or negatively on the organization; rather, it signifies that there has been no evaluation due to the organization's status. Specifically, this fund is not a 501(c)(3) IRS registered nonprofit, which precludes it from the typical evaluation methods used by Charity Navigator.
In terms of organizational evaluation, traditional metrics such as Accountability, Finance, and Impact cannot be assessed for the fund due to the lack of registration and available data. Despite this, IRS data is accessible, indicating the organization's independent status apart from auxiliary affiliations. This suggests a degree of operational autonomy, which could be pivotal in their decision-making and strategic execution.
Due to its foundation status and inability to provide data typically essential for Charity Navigator ratings, the organization lacks transparency in financial and leadership metrics. Therefore, stakeholders may have limited visibility into operational specifics, such as total revenue, expenses, and key person salaries, which are crucial for comprehensive assessment. Currently, there are no user reviews on GreatNonprofits to offer additional insights into public perception.
This AI summary has been generated from information found on Charity Navigator.
Is Massachusetts Public Employees Health And Welfare Fund legitimate?
Massachusetts Public Employees Health And Welfare Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Massachusetts Public Employees Health And Welfare Fund 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: $142,768
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,150,873
For more financial information, click here
Official website here: www.mpefund.org
What is the mission statement of Massachusetts Public Employees Health And Welfare Fund?
The Massachusetts Public Employees Health and Welfare Fund serves as a state-funded program, focusing on granting and managing dental and vision benefits for approximately 33,000 members. Its primary mission is to ensure these essential services are accessible to its members, providing them with enhanced overall well-being. By administering these benefits, the Fund strives to promote better health outcomes and improve the quality of life for those enrolled. Through its operations, it acts as a vital resource, enabling individuals to maintain their oral and visual health, thereby contributing to their overall well-being.
Official website here: www.mpefund.org
Who is the CEO of Massachusetts Public Employees Health And Welfare Fund?
Susan Fournier is the Trustee/Co-Chair of Massachusetts Public Employees Health And Welfare Fund. The CEO's salary of Massachusetts Public Employees Health And Welfare Fund is $141,220 and their total compensation is $165,542.
Official website here: www.mpefund.org
What is the revenue of Massachusetts Public Employees Health And Welfare Fund?
Massachusetts Public Employees Health And Welfare Fund's revenue in 2022 was $29,841,958.
Official website here: www.mpefund.org
Who are the executives of Massachusetts Public Employees Health And Welfare Fund and what are their salaries?
The average compensation at Massachusetts Public Employees Health And Welfare Fund during 2022 was $68,086. There are 19 employees at Massachusetts Public Employees Health And Welfare Fund.
Here are 11 key members and their salaries (Massachusetts Public Employees Health And Welfare Fund's CEO's salary is $141,220 and their total compensation is $165,542):
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- Compensation: $141,220
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- Other: $24,322
- Compensation: $108,917
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- Other: $23,159
- Compensation: $220,506
- Related: $0
- Other: $35,322
Official website here: www.mpefund.org
Where can I find the form 990 for Massachusetts Public Employees Health And Welfare Fund?
Massachusetts Public Employees Health And Welfare Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mpefund.org
Learn more at the official website: www.mpefund.org
Mission Statement of Massachusetts Public Employees Health And Welfare Fund
The Massachusetts Public Employees Health and Welfare Fund is a state-funded organization dedicated to offering and managing dental and vision benefits for an approximated 33,000 members. This program plays a vital role in ensuring the oral and visual well-being of its members by administering comprehensive benefits tailored to their needs. Through its mission, the Fund empowers its members to maintain good health, securing their peace of mind and overall quality of life. As a key provider of essential healthcare services, the Massachusetts Public Employees Health and Welfare Fund strives to improve the lives of its members and help them access the care they need to thrive. With a strong commitment to delivering quality benefits, the Fund ultimately contributes to the well-being and productivity of the Massachusetts workforce.
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Impact
October, 2024
The Massachusetts Public Employees Health and Welfare Fund plays a crucial role in the wellbeing of its members by providing and administering essential dental and vision benefits. Serving an estimated 33,000 individuals, the Fund ensures that public employees have access to quality healthcare resources that support their overall health. By focusing on dental and vision care, the program addresses two critical areas of health that are often overlooked, helping to prevent more significant health issues and promoting a better quality of life for its beneficiaries. The Fund's operations in Peabody, MA, reflect a commitment to the health and welfare of public employees, positively impacting not only individual members but also the broader community by enhancing workforce productivity and satisfaction.
This information is meant to be a general summary of Massachusetts Public Employees Health And Welfare Fund. 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: $2,257,391
- Program Service Revenue: $27,584,217
- Gross Receipts: $45,198,244
Assets and Liabilities:
- Total Assets: $74,457,574
- Total Liabilities: $4,823,439
- Net Assets: $69,634,135
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$26,656,155
COBRA CONTRIBUTIONS
Revenue
$928,062
Organization Details
Founding Year
1984
Phone
(617) 426-4440Principal Officer
Susan Fournier
Main Address
8 ESSEX CENTER DRIVE 3RD FLOOR, PEABODY, MA, 01960
Website
www.mpefund.orgNTEE Category
Code: E81Z - Health
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