Overview
What is Tufts Medical Center Retirement Medical Savings Account Plan Hospital-Contributi?
The Tufts Medical Center Retirement Medical Savings Account Plan is a nonprofit initiative, specifically designed to offer health benefits to 96 retired individuals, along with their spouses and dependents, who were previously employed at Tufts Medical Center. This plan serves as a safety net, providing essential healthcare services to its beneficiaries, thereby upholding the well-being of the retired Tufts Medical Center workforce. The plan is headquartered in Boston, Massachusetts.
Is Tufts Medical Center Retirement Medical Savings Account Plan Hospital-Contributi legitimate?
Tufts Medical Center Retirement Medical Savings Account Plan Hospital-Contributi is a legitimate nonprofit organization registered as a 501(c)(9) entity. Tufts Medical Center Retirement Medical Savings Account Plan Hospital-Contributi 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 Tufts Medical Center Retirement Medical Savings Account Plan Hospital-Contributi?
The Tufts Medical Center Retirement Medical Savings Account Plan is designed to offer health benefits to retired employees of Tufts Medical Center, along with their spouses and dependents. The primary mission of this plan is to provide essential healthcare support during retirement, ensuring a continuum of care for its beneficiaries. The plan provided health benefits to 96 retirees and their families, demonstrating its commitment to maintaining the well-being of its recipients. The Tufts Medical Center Retirement Medical Savings Account Plan serves as a vital resource for retired employees, offering them the necessary healthcare support they require in their post-employment phase.
What is the revenue of Tufts Medical Center Retirement Medical Savings Account Plan Hospital-Contributi?
Tufts Medical Center Retirement Medical Savings Account Plan Hospital-Contributi's revenue in 2023 was $169,779.
Who are the executives of Tufts Medical Center Retirement Medical Savings Account Plan Hospital-Contributi and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Tufts Medical Center Retirement Medical Savings Account Plan Hospital-Contributi?
Tufts Medical Center Retirement Medical Savings Account Plan Hospital-Contributi's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Tufts Medical Center Retirement Medical Savings Account Plan Hospital-Contributi
Tufts Medical Center Retirement Medical Savings Account Plan, in simple terms, is committed to providing retirement health benefits to the employees of Tufts Medical Center, along with their spouses and dependents. This plan serves as a crucial resource for these individuals, ensuring they continue to receive necessary healthcare coverage even in their post-employment phase. The mission of this plan is to extend its support beyond the employment tenure, thereby ensuring the well-being of a significant portion of the medical center's workforce.
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Impact
October, 2024
The Tufts Medical Center Retirement Medical Savings Account Plan Hospital-Contributi plays a crucial role in providing retiree health benefits for employees and their families. By offering financial support for medical expenses, the plan significantly enhances the overall well-being and security of its retirees. Specifically, it has been instrumental in assisting 96 retirees along with their spouses and dependents, ensuring they have access to necessary healthcare services during retirement. This support not only alleviates financial strain but also helps retirees maintain a higher quality of life, fostering a sense of stability and peace of mind. Ultimately, the plan serves as a vital resource for the Tufts Medical Center community, demonstrating a commitment to the long-term welfare of its employees even after they transition into retirement.
This information is meant to be a general summary of Tufts Medical Center Retirement Medical Savings Account Plan Hospital-Contributi. 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 2023.
- Investment Income: $59,273
- Program Service Revenue: $110,506
- Gross Receipts: $169,779
Assets and Liabilities:
- Total Assets: $1,451,038
- Total Liabilities: $0
- Net Assets: $1,451,038
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$110,506
Organization Details
Founding Year
2008
Principal Officer
Kathleen Davis
NTEE Category
Code: Y43 - Mutual benefit
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