Overview
What is Oneok Inc Employees Retiree Medical Trust Ii?
Oneok Inc Employees Retiree Medical Trust II is a funding mechanism established for the purpose of providing medical benefits to certain retired employees and their dependents, as overseen by the plan sponsor. This trust serves as a vital resource, ensuring the continuity of medical coverage for these individuals in their post-employment phase. The trust's primary function is to manage and distribute funds for the payment of these medical benefits.
Is Oneok Inc Employees Retiree Medical Trust Ii legitimate?
Oneok Inc Employees Retiree Medical Trust Ii is a legitimate nonprofit organization registered as a 501(c)(9) entity. Oneok Inc Employees Retiree Medical Trust Ii 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 Oneok Inc Employees Retiree Medical Trust Ii?
The Oneok Inc Employees Retiree Medical Trust II serves as a financing mechanism for the sponsor's company to provide medical benefits to certain retired employees and their dependents. Its primary mission is to ensure the continuation of medical coverage for these individuals post-retirement. The trust operates with the goal of managing and distributing funds in a manner that ensures the financial sustainability of the medical benefits program. It plays a crucial role in maintaining the healthcare security of retired employees, providing them with peace of mind during their retirement years.
Who is the CEO of Oneok Inc Employees Retiree Medical Trust Ii?
Scott Melton is the Trustee of Oneok Inc Employees Retiree Medical Trust Ii.
What is the revenue of Oneok Inc Employees Retiree Medical Trust Ii?
Oneok Inc Employees Retiree Medical Trust Ii's revenue in 2022 was $78,024.
Who are the executives of Oneok Inc Employees Retiree Medical Trust Ii and what are their salaries?
There is 1 key member and their salary:
- Compensation: $12,458
- Related: $0
- Other: $0
Where can I find the form 990 for Oneok Inc Employees Retiree Medical Trust Ii?
Oneok Inc Employees Retiree Medical Trust Ii's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Oneok Inc Employees Retiree Medical Trust Ii
Oneok Inc Employees Retiree Medical Trust II serves as the funding vehicle for the plan sponsor to provide medical benefits to certain retired employees and their dependents. This trust is instrumental in ensuring that retired workers from Oneok Inc can access necessary medical care post-retirement. The Trust's primary mission is to facilitate the payment of medical benefits for eligible retired employees and their families, thereby providing them with continued healthcare support. This valuable service provided by Oneok Inc Employees Retiree Medical Trust II is a testament to the company's commitment to its retired employees' well-being.
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Impact
October, 2024
Oneok Inc Employees Retiree Medical Trust II serves a crucial role in providing medical benefits for certain retired employees and their dependents. By functioning as a funding vehicle for medical expenses, the Trust ensures that retirees have access to necessary healthcare services, which can significantly alleviate financial burdens associated with medical care. This support enhances the overall well-being of retirees, contributing to their quality of life post-employment. Additionally, the Trust underscores the commitment of Oneok Inc to its former employees, fostering a sense of security and stability among those who have dedicated years to the company. The Trust's operations in Tulsa, Oklahoma, reflect a broader mission to support the mutual benefit of retired employees and their families, reinforcing the importance of long-term care and health security for retirees in the workforce.
This information is meant to be a general summary of Oneok Inc Employees Retiree Medical Trust Ii. 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: $78,024
- Gross Receipts: $266,637
Assets and Liabilities:
- Total Assets: $2,030,237
- Total Liabilities: $0
- Net Assets: $2,030,237
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Organization Details
Founding Year
2006
Phone
(918) 588-7442Principal Officer
Scott Melton
Main Address
100 WEST FIFTH ST, Tulsa, OK, 74103
NTEE Category
Code: Y43 - Mutual benefit
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