Mtm Retiree Health Care Plan & Trust

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

EIN: 275034344 ✦ Detroit, MI ✦ Designated as a 501(c)(9)

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Overview

What is Mtm Retiree Health Care Plan & Trust?

Mtm Retiree Health Care Plan & Trust is a nonprofit organization based in Detroit, Michigan. Its primary mission is to offer retirement accident and health care benefits to eligible former employees of Michigan CAT and their spouses. To fulfill this mission, they make payments for these benefits, ensuring the well-being and health care needs of the retired workers are met. The organization operates out of a postal box, maintaining a low-profile presence in Detroit.

Is Mtm Retiree Health Care Plan & Trust legitimate?

Mtm Retiree Health Care Plan & Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Mtm Retiree Health Care Plan & 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: $19,794
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Mtm Retiree Health Care Plan & Trust?

The Mtm Retiree Health Care Plan & Trust has a mission to provide accident and health care benefits to eligible former employees of Michigan CAT and their spouses. This organization strives to ensure the financial well-being of those who have worked for Michigan CAT by offering them health care benefits in their retirement. The main activity of the trust involves the payment of health care benefits to the eligible former employees and their spouses. The plan aims to provide a sense of security and peace of mind for these individuals in their golden years.

Who is the CEO of Mtm Retiree Health Care Plan & Trust?

Michelle Braman is the Vice President of Mtm Retiree Health Care Plan & Trust.

What is the revenue of Mtm Retiree Health Care Plan & Trust?

Mtm Retiree Health Care Plan & Trust's revenue in 2022 was $113,703.

Who are the executives of Mtm Retiree Health Care Plan & Trust and what are their salaries?


Here are 7 key members and their salaries:


Brian Boeye (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Braman (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Berard (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paula Thompson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sylvia Dwire (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denny Ingnatoski (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Comerica Bank (Corporate Trustee)
  • Compensation: $19,794
  • Related: $0
  • Other: $0
Where can I find the form 990 for Mtm Retiree Health Care Plan & Trust?

Mtm Retiree Health Care Plan & Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Mtm Retiree Health Care Plan & Trust

Mtm Retiree Health Care Plan & Trust, a nonprofit organization, is committed to providing retiree accident and health care benefits to eligible former employees of Michigan Cat and their spouses. This mission is carried out by ensuring the payment of these benefits to the eligible individuals, thereby offering them essential medical support in their post-employment years. By focusing on the well-being of former Michigan Cat employees and their spouses, Mtm Retiree Health Care Plan & Trust plays a vital role in providing financial security and peace of mind during retirement.

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Impact




October, 2024

Mtm Retiree Health Care Plan & Trust plays a crucial role in ensuring the welfare of eligible former employees of Michigan CAT and their spouses by providing essential health care benefits. The retirement health care plan is designed to support retirees in managing healthcare costs, enabling them to access necessary medical services without significant financial burden.

By covering accident and health care benefits, the plan helps retirees maintain their quality of life during their retirement years. This not only alleviates financial stress but also promotes overall well-being among retirees and their families. As a result, Mtm Retiree Health Care Plan & Trust fosters a sense of security for those who have dedicated their careers to the organization, ensuring that they receive the support they need after they transition from active employment.

Overall, the impact of Mtm Retiree Health Care Plan & Trust is significant, providing a vital safety net that enhances the health and happiness of retirees associated with Michigan CAT.




This information is meant to be a general summary of Mtm Retiree Health Care Plan & 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.

Revenue
$113,703 (2022)
Expenses
$159,071 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $113,703
  • Gross Receipts: $303,356

Assets and Liabilities:

  • Total Assets: $2,366,887
  • Total Liabilities: $0
  • Net Assets: $2,366,887

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Programs

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

COLLECTED PREMUIMS

Organization Details

Founding Year

2010

Principal Officer

Michelle Braman

Main Address

PO BOX 75000, DETROIT, MI, 482753462

NTEE Category

Code: Y43 - Mutual benefit

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