Overview
What is Gmp-Employers Retiree Trust?
Gmp-Employers Retiree Trust is a nonprofit organization established through collective bargaining negotiations, primarily located in Fort Myers, Florida. Its primary purpose is to maintain funds for offering post-retirement health care coverage and a $2,000 death benefit to eligible retirees and their spouses. As the only program and service activity, all expenses are directly attributed to this initiative. With a limited workforce of 17 individuals, the trust strives to fulfill its mission of providing essential benefits to its members.
Official website here: www.gmptrust.com
Is Gmp-Employers Retiree Trust legitimate?
Gmp-Employers Retiree Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Gmp-Employers Retiree 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: $133,471
Professional Fundraising Fees: $0
Other Salaries and Wages: $501,444
For more financial information, click here
Official website here: www.gmptrust.com
What is the mission statement of Gmp-Employers Retiree Trust?
The Gmp-Employers Retiree Trust was established as a result of collective bargaining negotiations, with the primary mission of providing post-retirement healthcare coverage and a $2,000 death benefit to eligible retirees and their spouses. The organization's sole activity revolves around funding and offering these benefits, ensuring the wellbeing and financial security of its members in their retirement years. The trust serves as a vital safety net, providing essential healthcare support and financial assistance during times of loss, thereby enhancing the quality of life for its members.
Official website here: www.gmptrust.com
Who is the CEO of Gmp-Employers Retiree Trust?
Jodi L Hopper is the Chairman, Trustee of Gmp-Employers Retiree Trust.
Official website here: www.gmptrust.com
What is the revenue of Gmp-Employers Retiree Trust?
Gmp-Employers Retiree Trust's revenue in 2022 was $9,825,333.
Official website here: www.gmptrust.com
Who are the executives of Gmp-Employers Retiree Trust and what are their salaries?
The average compensation at Gmp-Employers Retiree Trust during 2022 was $37,348. There are 17 employees and 6 volunteers at Gmp-Employers Retiree Trust.
Here are 7 key members and their salaries:
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- Compensation: $142,721
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Official website here: www.gmptrust.com
Where can I find the form 990 for Gmp-Employers Retiree Trust?
Gmp-Employers Retiree Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gmptrust.com
Learn more at the official website: www.gmptrust.com
Mission Statement of Gmp-Employers Retiree Trust
Gmp-Employers Retiree Trust, established through collective bargaining negotiations, is dedicated to providing post-retirement health care coverage and a death benefit to eligible retirees and their spouses. This nonprofit organization was formed with a specific purpose: to ensure the financial well-being of union retirees in their golden years by covering their medical expenses and offering a $2,000 death benefit. The Gmp-Employers Retiree Trust is the only program service activity the organization provides, and all expenses are attributable to this mission. The trust aims to provide a safety net for its members, offering peace of mind in their retirement years.
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Impact
October, 2024
Gmp-Employers Retiree Trust plays a crucial role in supporting the well-being of union retirees and their spouses by holding funds specifically earmarked for their benefit. The trust was established during collective bargaining negotiations, highlighting its commitment to ensuring post-retirement health care coverage.
It provides essential medical benefits that alleviate financial stress for retirees, allowing them to access necessary health services. Additionally, the trust offers a $2,000 death benefit, which provides financial support during a difficult time for families left behind. By focusing exclusively on these services, Gmp-Employers Retiree Trust significantly enhances the quality of life for union retirees, reflecting a dedication to their long-term welfare and security.
This information is meant to be a general summary of Gmp-Employers Retiree 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: -$10,106,632
- Program Service Revenue: $19,289,224
- Gross Receipts: $151,516,016
Assets and Liabilities:
- Total Assets: $532,292,322
- Total Liabilities: $55,277,016
- Net Assets: $477,015,306
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRIBUTIONS FROM EMPLOYERS
Revenue
$15,769,164
Organization Details
Founding Year
1965
Phone
(239) 936-6242Principal Officer
Jodi L Hopper
Main Address
5245 BIG PINE WAY SE, FORT MYERS, FL, 33907
Website
www.gmptrust.comNTEE Category
Code: Y40 - Mutual benefit
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