Overview
What is Trust For The City Of Tempe Arizona Post Employment Health Plan?
The Trust for the City of Tempe Arizona Post Employment Health Plan is a nonprofit organization with a mission to address post-employment medical expenses for public sector employees from state and local governments, along with their political subdivisions. By accumulating employer contributions, the Trust provides reimbursement for eligible participants' health insurance premiums and other eligible medical expenses, following their separation from service. In 2022, the Trust paid out a significant amount, totaling $6,863,743, for medical insurance premiums on behalf of these eligible participants. The Trust's administrative expenses for the year were $59,675.
Is Trust For The City Of Tempe Arizona Post Employment Health Plan legitimate?
Trust For The City Of Tempe Arizona Post Employment Health Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Trust For The City Of Tempe Arizona Post Employment Health 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 Trust For The City Of Tempe Arizona Post Employment Health Plan?
The Trust for the City of Tempe, Arizona's Post Employment Health Plan is established with a mission to offer a solution for post-employment medical expenses for public sector employees from state and local governments, as well as their political subdivisions. The Trust accumulates employer contributions, which are then utilized to cover health insurance and other eligible medical expenses for participants who depart from their respective jobs. This service ensures that these individuals have financial support for their medical needs following their employment.
Who is the CEO of Trust For The City Of Tempe Arizona Post Employment Health Plan?
Paula Miller is the Chief Trust Officer of Trust For The City Of Tempe Arizona Post Employment Health Plan.
What is the revenue of Trust For The City Of Tempe Arizona Post Employment Health Plan?
Trust For The City Of Tempe Arizona Post Employment Health Plan's revenue in 2022 was $10,344,484.
Who are the executives of Trust For The City Of Tempe Arizona Post Employment Health Plan 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 Trust For The City Of Tempe Arizona Post Employment Health Plan?
Trust For The City Of Tempe Arizona Post Employment Health Plan's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Trust For The City Of Tempe Arizona Post Employment Health Plan
The Trust For The City Of Tempe Arizona Post Employment Health Plan is a mission-driven organization with a primary goal to provide a solution for public sector employees from state and local governments, as well as their political subdivisions, in addressing post-employment medical expenses. The Trust accumulates employer contributions, which are later used to reimburse healthcare insurance and eligible medical costs for individuals who have left their respective employers. By addressing these expenses, the Trust enables participants to maintain their medical coverage even after leaving their previous positions, ensuring financial security and peace of mind.
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Impact
October, 2024
The Trust for the City of Tempe Arizona Post Employment Health Plan significantly impacts the financial well-being of public sector employees by addressing their post-employment medical expenses. By reimbursing eligible medical costs for those who have terminated their service, the Trust provides crucial support to individuals navigating the transition to retirement or other post-employment phases.
In the recent fiscal year, the Trust facilitated the reimbursement of medical insurance premiums totaling $6,863,743. This substantial support allows former employees to manage their healthcare needs effectively, ensuring they have access to necessary medical services, which can be particularly important as individuals age or face health challenges.
Moreover, the Trust plays a vital role in helping public employers fulfill their obligations to former employees, alleviating potential financial burdens that could arise from high healthcare costs. The careful management of the Trust, which incurred administrative expenses of only $59,675, underscores its commitment to maintaining responsible stewardship of funds while maximizing benefits for participants.
In essence, the Trust not only enhances the quality of life for its participants but also reflects a broader commitment to supporting public sector employees even after they conclude their careers. This provision of post-employment health benefits ultimately fosters a sense of security and appreciation, encouraging a more resilient workforce within local government.
This information is meant to be a general summary of Trust For The City Of Tempe Arizona Post Employment Health 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.
- Program Service Revenue: $10,344,484
- Gross Receipts: $10,344,484
Assets and Liabilities:
- Total Assets: $44,929,806
- Total Liabilities: $0
- Net Assets: $44,929,806
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$10,344,484
Organization Details
Founding Year
2019
Phone
(614) 435-8378Principal Officer
Paula Miller
Main Address
10 W Nationwide Blvd Suite 5-1-105X, Columbus, OH, 432152220
NTEE Category
Code: Z99 - Unknown
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