Overview
What is Trust For The City Of Fort Collins Colorado Post Employment Health Plan?
The Trust for the City of Fort Collins Colorado Post Employment Health Plan is a nonprofit organization established to assist public sector employees from state and local governments (along with their political subdivisions) in managing their post-employment medical expenses. By accumulating employer contributions, the Trust offers reimbursement for eligible health insurance premiums and other medical costs, supporting individuals who have ended their service with their respective employers. In 2022, the Trust paid out $250,226 in medical premiums on behalf of its eligible participants. The Trust's administrative expenses for the year were $2,097.
Is Trust For The City Of Fort Collins Colorado Post Employment Health Plan legitimate?
Trust For The City Of Fort Collins Colorado Post Employment Health Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Trust For The City Of Fort Collins Colorado 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 Fort Collins Colorado Post Employment Health Plan?
The Trust for Post Employment Health Plan, serving public sector employees, has a mission to provide a solution for managing post-employment medical expenses. By accumulating employer contributions, the Trust offers reimbursement for health insurance and other eligible medical costs for participants who leave their respective jobs. This initiative aims to alleviate the financial burden associated with medical expenses during post-employment. The Trust's role is essential in ensuring that public sector employees have access to necessary healthcare support even after they retire or leave their jobs.
Who is the CEO of Trust For The City Of Fort Collins Colorado Post Employment Health Plan?
Paula Miller is the Chief Trust Officer of Trust For The City Of Fort Collins Colorado Post Employment Health Plan.
What is the revenue of Trust For The City Of Fort Collins Colorado Post Employment Health Plan?
Trust For The City Of Fort Collins Colorado Post Employment Health Plan's revenue in 2022 was $2,875,701.
Who are the executives of Trust For The City Of Fort Collins Colorado 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 Fort Collins Colorado Post Employment Health Plan?
Trust For The City Of Fort Collins Colorado 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 Fort Collins Colorado Post Employment Health Plan
The Trust for the City of Fort Collins Colorado Post Employment Health Plan is an organization with a mission to address the post-employment medical expenses of public sector employees from state and local governments, as well as their political subdivisions. The primary aim of this trust is to accumulate employer contributions, which are then utilized to reimburse eligible health insurance and medical expenses for participants who have separated from their respective employers. In simpler terms, the Trust serves as a safety net for public employees, ensuring they continue to receive necessary medical coverage and financial assistance after leaving their jobs.
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Impact
October, 2024
The Trust for the City of Fort Collins, Colorado Post Employment Health Plan plays a significant role in supporting public sector employees by addressing their post-employment medical expenses. It provides a structured means for eligible participants, who have terminated service with their employers, to receive reimbursements for medical expenses, including health insurance premiums.
In 2022, the Trust facilitated over $250,000 in medical insurance premiums for eligible participants, ensuring that former employees have access to vital healthcare support as they transition away from active service. The administrative efficiency of the Trust is noteworthy, with total administrative expenses amounting to just over $2,000, reflecting a commitment to optimizing resources while providing essential services.
Overall, the impact of the Trust is multifaceted: it enhances the financial security of retirees, supports their health and well-being, and provides a safety net for medical costs that might otherwise burden them after leaving public employment. This ultimately contributes to a more stable and supportive environment for public sector workers and their families in Fort Collins.
This information is meant to be a general summary of Trust For The City Of Fort Collins Colorado 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: $2,875,701
- Gross Receipts: $2,875,701
Assets and Liabilities:
- Total Assets: $10,978,984
- Total Liabilities: $0
- Net Assets: $10,978,984
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$2,875,701
Organization Details
Founding Year
2020
Phone
(614) 435-8378Principal Officer
Paula Miller
Main Address
10 W Nationwide Blvd Suite 5-1-105X, Columbus, OH, 432152220
NTEE Category
Code: Y40 - Mutual benefit
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