Overview
What is Toledo Clinic Welfare Benefit Plan?
The Toledo Clinic Welfare Benefit Plan is a trust fund primarily utilized for health contributions made by both employees and employers. These contributions serve as a source for financing medical payments, including prescription costs, for employees who opt for health insurance. This plan aims to support the wellbeing of its employees by facilitating access to essential healthcare services.
Is Toledo Clinic Welfare Benefit Plan legitimate?
Toledo Clinic Welfare Benefit Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Toledo Clinic Welfare Benefit Plan 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 Toledo Clinic Welfare Benefit Plan?
The Toledo Clinic Welfare Benefit Plan's primary function is to manage health contributions from both employees and employers. These contributions are then utilized to cover medical expenses, including prescription costs, for employees who opt for health insurance. Essentially, the plan serves as a financial resource to facilitate healthcare payments for its participating workforce. While it does not have a traditional mission statement in the sense of promoting societal causes or advocacy, its purpose is to support the health needs of its employee base.
Who is the CEO of Toledo Clinic Welfare Benefit Plan?
Charles Kopitke is the Trustee of Toledo Clinic Welfare Benefit Plan.
What is the revenue of Toledo Clinic Welfare Benefit Plan?
Toledo Clinic Welfare Benefit Plan's revenue in 2022 was $10,252,233.
Who are the executives of Toledo Clinic Welfare Benefit Plan and what are their salaries?
There is 1 key member and their salary:
- Compensation: $10,004
- Related: $240,100
- Other: $46,355
Where can I find the form 990 for Toledo Clinic Welfare Benefit Plan?
Toledo Clinic Welfare Benefit Plan's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Toledo Clinic Welfare Benefit Plan
The Toledo Clinic Welfare Benefit Plan is an entity primarily focused on facilitating health contributions from both employees and employers. These contributions are then utilized for the purpose of covering medical expenses, including prescription costs, for employees who opt for health insurance. In essence, the plan serves as a medium to bridge the financial gap between employee and employer healthcare expenditures.
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Impact
October, 2024
The Toledo Clinic Welfare Benefit Plan significantly impacts the healthcare landscape for employees in Toledo, Ohio, by facilitating access to essential medical services and prescription medications. The plan collects contributions from both employees and employers, ensuring that funds are available to cover medical expenses for those who choose to enroll in health insurance. This structure not only enhances the financial security of employees but also promotes their overall well-being by reducing the burden of healthcare costs. By supporting employee health, the plan fosters a healthier workforce, ultimately benefiting the community as a whole through improved productivity and reduced absenteeism.
This information is meant to be a general summary of Toledo Clinic Welfare Benefit Plan. 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: $1,454
- Program Service Revenue: $10,250,176
- Gross Receipts: $10,252,233
Assets and Liabilities:
- Total Assets: $8,241,432
- Total Liabilities: $0
- Net Assets: $8,241,432
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PLAN CONTRIBUTIONS
Revenue
$10,250,176
Organization Details
Founding Year
2008
Phone
(419) 473-3561Principal Officer
Charles Kopitke
Main Address
4235 SECOR ROAD, TOLEDO, OH, 43623
NTEE Category
Code: Y43 - Mutual benefit
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