Us Healthcare Inc Retiree Health Benefit Plan Trust

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

EIN: 237772127 ✦ Hartford, CT ✦ Designated as a 501(c)(9)

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Overview

What is Us Healthcare Inc Retiree Health Benefit Plan Trust?

Us Healthcare Inc Retiree Health Benefit Plan Trust is a nonprofit organization situated in Hartford, Connecticut. Its primary mission is to cover the health insurance premiums for retired employees from US Healthcare Inc. This program provides a crucial financial support system for these retirees, ensuring they have continued access to healthcare services post-retirement. The Trust's activities are centered around this mission, making health insurance premium payments to its eligible beneficiaries.

Is Us Healthcare Inc Retiree Health Benefit Plan Trust legitimate?

Us Healthcare Inc Retiree Health Benefit Plan Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Us Healthcare Inc Retiree Health Benefit Plan 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

For more financial information, click here

What is the mission statement of Us Healthcare Inc Retiree Health Benefit Plan Trust?

The mission of Us Healthcare Inc Retiree Health Benefit Plan Trust is centered around providing financial assistance for retirees. Specifically, this entity covers the health insurance premiums for retired employees of US Healthcare Inc. This initiative aims to ensure that retired individuals from US Healthcare continue to have access to necessary healthcare services. The program operates independently, without providing specific location details.

Who is the CEO of Us Healthcare Inc Retiree Health Benefit Plan Trust?

Robert Ro is the Principal Officer of Us Healthcare Inc Retiree Health Benefit Plan Trust.

What is the revenue of Us Healthcare Inc Retiree Health Benefit Plan Trust?

Us Healthcare Inc Retiree Health Benefit Plan Trust's revenue in 2022 was $384,620.

Who are the executives of Us Healthcare Inc Retiree Health Benefit Plan Trust and what are their salaries?


There is 1 key member and their salary:


State Street Bank & Trust Co (Trustee)
  • Compensation: $39,996
  • Related: $0
  • Other: $0
Where can I find the form 990 for Us Healthcare Inc Retiree Health Benefit Plan Trust?

Us Healthcare Inc Retiree Health Benefit Plan Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Us Healthcare Inc Retiree Health Benefit Plan Trust

Us Healthcare Inc Retiree Health Benefit Plan Trust is a mission-driven organization that focuses on the payment of retiree health insurance premiums. This nonprofit entity, headquartered anonymously, plays a crucial role in ensuring the financial well-being of retirees from US Healthcare Inc. By covering the health insurance premiums, this plan enables retired individuals to maintain their health coverage, providing them with peace of mind and essential medical care. The mission of Us Healthcare Inc Retiree Health Benefit Plan Trust is to support the health and financial security of its beneficiaries, contributing significantly to their overall quality of life in retirement.

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Impact




October, 2024

Us Healthcare Inc Retiree Health Benefit Plan Trust plays a critical role in providing financial support to retirees by covering their health insurance premiums. This program, based in Hartford, CT, ensures that former employees of US Healthcare can access essential healthcare services without the burden of high out-of-pocket costs. By alleviating the financial stress associated with health insurance, the trust helps maintain the well-being of retirees, contributing to their overall quality of life and stability during their retirement years. This support is vital, especially in a landscape where healthcare expenses can be a significant concern for older adults.




This information is meant to be a general summary of Us Healthcare Inc Retiree Health Benefit Plan 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
$384,620 (2022)
Expenses
$732,576 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $384,620
  • Gross Receipts: $1,569,486

Assets and Liabilities:

  • Total Assets: $12,885,543
  • Total Liabilities: $0
  • Net Assets: $12,885,543

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Organization Details

Founding Year

1993

Principal Officer

Robert Ro

Main Address

151 FARMINGTON AVENUE RTAA, HARTFORD, CT, 06156

NTEE Category

Code: Y40 - Mutual benefit

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