Overview
What is Melmark Home Workers Compensation Trust?
Melmark Home Workers Compensation Trust is a self-insurance program primarily funded by Melmark Inc., situated in Berwyn, Pennsylvania. The Trust's purpose is to provide Workers' Compensation coverage for the company's Pennsylvania-based employees. This involves managing medical indemnity, legal fees, and other associated expenses, all of which are essential for carrying out the program's objectives. The Trust serves as a safety net for Melmark Inc.'s workforce, ensuring they are financially protected in case of workplace injuries.
Is Melmark Home Workers Compensation Trust legitimate?
Melmark Home Workers Compensation Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Melmark Home Workers Compensation 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
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What is the mission statement of Melmark Home Workers Compensation Trust?
The Melmark Home Workers Compensation Trust is designed to provide Workers' Compensation coverage for eligible individuals. Its primary objective is to offer financial protection and medical support for employees who sustain work-related injuries or illnesses. The trust manages funds from Melmark Inc. for this self-insurance program, covering medical indemnity, legal fees, and other associated costs. The trust aims to ensure a smooth and efficient process for workers in need, providing necessary assistance during challenging times.
Who is the CEO of Melmark Home Workers Compensation Trust?
Shawn Quigley is the Chief Operating Officer of Melmark Home Workers Compensation Trust. The CEO's salary of Melmark Home Workers Compensation Trust is $0 and their total compensation is $756,128.
What is the revenue of Melmark Home Workers Compensation Trust?
Melmark Home Workers Compensation Trust's revenue in 2022 was $700,958.
Who are the executives of Melmark Home Workers Compensation Trust and what are their salaries?
Here are 3 key members and their salaries (Melmark Home Workers Compensation Trust's CEO's salary is $0 and their total compensation is $756,128):
- Compensation: $0
- Related: $719,130
- Other: $36,998
- Compensation: $0
- Related: $266,236
- Other: $61,122
- Compensation: $0
- Related: $242,719
- Other: $31,893
Where can I find the form 990 for Melmark Home Workers Compensation Trust?
Melmark Home Workers Compensation Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Melmark Home Workers Compensation Trust
Melmark Home Workers Compensation Trust is a program with a mission to provide Workers' Compensation coverage for the employees of Melmark Inc., based in Pennsylvania. This self-insurance program is funded by Melmark Inc. through contributions to the Trustee and Third Party Administrator. The objectives of this program are met through expenditures for medical indemnity, legal fees, third-party administration, and other associated costs. The purpose of this program is to ensure that eligible employees who sustain work-related injuries or illnesses receive the necessary compensation and support during their recovery. By offering Workers' Compensation coverage, Melmark Home Workers Compensation Trust plays a crucial role in protecting the well-being and financial security of its beneficiaries.
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Impact
October, 2024
The Melmark Home Workers Compensation Trust plays a crucial role in ensuring the safety and security of employees by providing comprehensive Workers' Compensation coverage for those working in Pennsylvania. By covering various costs such as medical indemnity, legal fees, and third-party administration, the Trust facilitates a streamlined process for managing claims and ensuring employees receive the necessary support in case of work-related injuries. This self-insurance program underscores a commitment to employee welfare and organizational responsibility, ultimately enhancing workplace morale and stability within Melmark Inc. Through its effective management of resources, the Trust not only protects employees but also contributes to a more resilient organizational framework in Berwyn, Pennsylvania.
This information is meant to be a general summary of Melmark Home Workers Compensation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $958
- Program Service Revenue: $700,000
- Gross Receipts: $700,958
Assets and Liabilities:
- Total Assets: $1,003,003
- Total Liabilities: $944,798
- Net Assets: $58,205
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Self-insurance Program
Revenue
$700,000
Organization Details
Founding Year
1995
Phone
(610) 325-4935Principal Officer
Shawn Quigley
Main Address
2600 WAYLAND RD, BERWYN, PA, 193122307
NTEE Category
Code: Y20 - Mutual benefit
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