Overview
What is The Miaamsaa Voluntary Beneficiary Association Trust?
The Miaamsaa Voluntary Beneficiary Association Trust is a nonprofit organization situated in Franklin, Massachusetts. Its primary objective is to support the healthcare expenses of eligible retirees and their dependents from the Massachusetts Interscholastic Athletic Association, Inc., and the Massachusetts School Administrators Association, Incorporated. The trust accomplishes this by collecting and investing funds, which are then utilized to offset the healthcare premium costs for these individuals. This financial aid aims to alleviate the financial burden associated with healthcare expenses for these retirees and their families.
Is The Miaamsaa Voluntary Beneficiary Association Trust legitimate?
The Miaamsaa Voluntary Beneficiary Association Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. The Miaamsaa Voluntary Beneficiary Association 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 The Miaamsaa Voluntary Beneficiary Association Trust?
The Miaamsaa Voluntary Beneficiary Association Trust exists with the primary objective of supporting eligible retirees and their dependents from the Massachusetts Interscholastic Athletic Association and the Massachusetts School Administrators Association by covering a portion of their healthcare premium costs. By investing and managing funds, the trust aims to alleviate the financial burden associated with healthcare expenses for these retirees and their eligible dependents. The trust ensures that monies are utilized effectively to fulfill its mission, thereby providing a crucial financial aid to the beneficiaries.
Who is the CEO of The Miaamsaa Voluntary Beneficiary Association Trust?
Sherry Bryant is the Trustee of The Miaamsaa Voluntary Beneficiary Association Trust.
What is the revenue of The Miaamsaa Voluntary Beneficiary Association Trust?
The Miaamsaa Voluntary Beneficiary Association Trust's revenue in 2022 was $127,815.
Who are the executives of The Miaamsaa Voluntary Beneficiary Association Trust and what are their salaries?
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $172,191
- Other: $40,959
- Compensation: $0
- Related: $123,163
- Other: $26,028
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $70,271
- Other: $1,245
- Compensation: $0
- Related: $153,307
- Other: $16,650
- Compensation: $0
- Related: $105,080
- Other: $8,144
Where can I find the form 990 for The Miaamsaa Voluntary Beneficiary Association Trust?
The Miaamsaa Voluntary Beneficiary Association Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Miaamsaa Voluntary Beneficiary Association Trust
The Miaamsaa Voluntary Beneficiary Association Trust is established with a singular purpose. This nonprofit organization aims to alleviate the financial burden of healthcare premiums for eligible retirees belonging to the Massachusetts Interscholastic Athletic Association, Inc. and the Massachusetts School Administrators Association, Incorporated. Additionally, the trust extends its assistance to the eligible dependents of these retirees. The trustees of the organization invest and manage the monetary contributions to cater to the healthcare premium supplementation needs of these beneficiaries.
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Impact
October, 2024
The Miaamsaa Voluntary Beneficiary Association Trust plays a crucial role in enhancing the financial well-being of eligible retirees and their dependents associated with the Massachusetts Interscholastic Athletic Association, Inc. and the Massachusetts School Administrators Association. By supplementing the cost of healthcare premiums, the Trust alleviates some of the financial burdens that retirees face, enabling them to access necessary medical care without overwhelming out-of-pocket expenses.
The funds managed by the trustees are strategically invested to ensure that the Trust can provide ongoing support. This long-term financial planning allows retirees to have a reliable source of assistance that can adapt to the rising costs of healthcare. Consequently, the Trust not only safeguards the health of its beneficiaries but also aims to improve their overall quality of life. The assurance of balanced healthcare costs through the Trust fosters peace of mind for many retirees, allowing them to fully enjoy their retirement years.
This information is meant to be a general summary of The Miaamsaa Voluntary Beneficiary Association 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: $113,601
- Program Service Revenue: $14,214
- Gross Receipts: $643,373
Assets and Liabilities:
- Total Assets: $1,578,494
- Total Liabilities: $0
- Net Assets: $1,578,494
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYEE VEBA PAYMENTS
Revenue
$14,214
Organization Details
Founding Year
2008
Phone
(508) 541-7997Principal Officer
Sherry Bryant
Main Address
33 FORGE PARKWAY, FRANKLIN, MA, 02038
NTEE Category
Code: Y43 - Mutual benefit
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