Tufts Medical Center Retirement Medical Savings Account Plan Employee After-Tax

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

EIN: 263918574 ✦ Boston, MA ✦ Designated as a 501(c)(9)

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Overview

What is Tufts Medical Center Retirement Medical Savings Account Plan Employee After-Tax?

Tufts Medical Center Retirement Medical Savings Account Plan Employee After-Tax is a program designed to offer health benefits to 96 retired employees, their spouses, and dependents of Tufts Medical Center. Situated in Boston, Massachusetts, this initiative provides retirement health services, ensuring continuity of care for Tufts Medical Center's former employees. While the information provided does not delve into the specifics of their activities or mission beyond offering health benefits, it underscores the organization's commitment to supporting its retired employees' well-being.

Is Tufts Medical Center Retirement Medical Savings Account Plan Employee After-Tax legitimate?

Tufts Medical Center Retirement Medical Savings Account Plan Employee After-Tax is a legitimate nonprofit organization registered as a 501(c)(9) entity. Tufts Medical Center Retirement Medical Savings Account Plan Employee After-Tax 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 Tufts Medical Center Retirement Medical Savings Account Plan Employee After-Tax?

The Tufts Medical Center Retirement Medical Savings Account Plan Employee After-Tax is designed to provide retiree health benefits to the employees and their dependents of Tufts Medical Center. The plan aims to offer medical coverage to 96 retirees, along with their spouses and dependents. The mission of this plan is to ensure these individuals have access to necessary healthcare benefits post-retirement, thereby providing them with peace of mind. This plan plays a significant role in supporting the well-being of its beneficiaries, enabling them to maintain their health and quality of life during their retirement years.

Who is the CEO of Tufts Medical Center Retirement Medical Savings Account Plan Employee After-Tax?

Kathleen Davis is the Trustee of Tufts Medical Center Retirement Medical Savings Account Plan Employee After-Tax.

What is the revenue of Tufts Medical Center Retirement Medical Savings Account Plan Employee After-Tax?

Tufts Medical Center Retirement Medical Savings Account Plan Employee After-Tax's revenue in 2022 was $821,577.

Who are the executives of Tufts Medical Center Retirement Medical Savings Account Plan Employee After-Tax and what are their salaries?


There is 1 key member and their salary:


Tufts Medical Center Inc (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Tufts Medical Center Retirement Medical Savings Account Plan Employee After-Tax?

Tufts Medical Center Retirement Medical Savings Account Plan Employee After-Tax's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Tufts Medical Center Retirement Medical Savings Account Plan Employee After-Tax

The Tufts Medical Center Retirement Medical Savings Account Plan Employee After-Tax is a mission-driven initiative that aims to offer post-retirement health benefits to the employees, along with their spouses and dependents, of Tufts Medical Center. This plan serves as a safety net, providing essential healthcare support to its recipients during their retirement years. The plan, in its operation, managed to extend these benefits to 96 retirees and their respective family members.

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Impact




October, 2024

The Tufts Medical Center Retirement Medical Savings Account Plan Employee After-Tax has a significant impact on the financial security and health benefits of retirees. By providing health benefits to 96 retirees along with their spouses and dependents, the plan ensures that those who have dedicated years of service can access necessary medical care in their retirement years. This support not only alleviates the burden of healthcare costs but also enhances the overall quality of life for retirees and their families.

In a broader context, such plans foster loyalty and morale among current employees, knowing that their future health needs will be attended to after retirement. This mutual benefit creates a supportive community, strengthening the bond within the organization. Overall, the plan plays a vital role in promoting the well-being of retirees, contributing to their peace of mind in navigating healthcare challenges during retirement.




This information is meant to be a general summary of Tufts Medical Center Retirement Medical Savings Account Plan Employee After-Tax. 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
$821,577 (2022)
Expenses
$378,000 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $203,953
  • Program Service Revenue: $617,624
  • Gross Receipts: $821,577

Assets and Liabilities:

  • Total Assets: $5,785,872
  • Total Liabilities: $0
  • Net Assets: $5,785,872

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

EMPLOYEE CONTRIBUTIONS

Revenue

$617,624

Organization Details

Founding Year

2008

Principal Officer

Kathleen Davis

Main Address

800 WASHINGTON STREET, BOSTON, MA, 02111

NTEE Category

Code: Y43 - Mutual benefit

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