Overview
What is Maine State Troopers Association Benefits Trust?
The Maine State Troopers Association Benefits Trust is a nonprofit organization situated in Augusta, Maine. Its primary mission is to offer short-term disability benefits and death benefit coverage to approximately 335 participating members. In the event of eligible illness or injury, the trust pays out weekly benefits to the affected members, amounting to approximately 138,500 dollars as stated in the information provided. In essence, the Maine State Troopers Association Benefits Trust is dedicated to providing financial support to its members during challenging times.
Is Maine State Troopers Association Benefits Trust legitimate?
Maine State Troopers Association Benefits Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Maine State Troopers Association Benefits 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.
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What is the mission statement of Maine State Troopers Association Benefits Trust?
The Maine State Troopers Association Benefits Trust is dedicated to providing short-term disability benefits and death benefits to eligible members. Their primary objective is to offer financial support during challenging times, such as illness or injury, that prevent members from working. The trust has successfully provided coverage to approximately 335 participating members, paying out weekly benefits to those in need. In the event of a member's demise, the trust also offers death benefits.
Who is the CEO of Maine State Troopers Association Benefits Trust?
David Powser is the Chairman of Maine State Troopers Association Benefits Trust.
What is the revenue of Maine State Troopers Association Benefits Trust?
Maine State Troopers Association Benefits Trust's revenue in 2022 was $141,011.
Who are the executives of Maine State Troopers Association Benefits Trust and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Maine State Troopers Association Benefits Trust?
Maine State Troopers Association Benefits Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Maine State Troopers Association Benefits Trust
The Maine State Troopers Association Benefits Trust is committed to delivering short-term disability benefits and death benefits to eligible members. This nonprofit organization serves to provide financial assistance during challenging times, offering a safety net for its participating members. In the event of temporary incapacity due to illness or injury, eligible members can receive weekly benefits to help them manage their daily living expenses. Additionally, the Trust extends death benefits to the families of members who unfortunately pass away, offering a measure of financial support during a difficult period. The Trust has successfully aided approximately 335 members, dispensing approximately 138,500 in weekly benefits.
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Impact
October, 2024
The Maine State Troopers Association Benefits Trust significantly impacts its members by providing essential financial support during challenging times. With approximately 335 participating members, the organization delivers short-term disability benefits and death benefits, ensuring that eligible members receive crucial assistance when they face illness or injury. Over a specific period, the trust paid out around $138,500 in weekly benefits to those unable to work, highlighting its role as a vital safety net. This support fosters peace of mind among members, allowing them to focus on recovery and their families during difficult circumstances. Ultimately, the trust strengthens the community by ensuring that those who serve are cared for in their times of need.
This information is meant to be a general summary of Maine State Troopers Association Benefits 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: $13,085
- Program Service Revenue: $127,926
- Gross Receipts: $141,011
Assets and Liabilities:
- Total Assets: $681,804
- Total Liabilities: $0
- Net Assets: $681,804
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBER CONTRIBUTIONS
Revenue
$127,926
Organization Details
Founding Year
2008
Phone
(207) 622-2277Principal Officer
David Powser
Main Address
36 HOSPITAL STREET, AUGUSTA, ME, 04330
NTEE Category
Code: Y44 - Mutual benefit
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