Adrian Retiree Health Benefit

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

EIN: 331196416 ✦ Morenci, MI ✦ Designated as a 501(c)(9)

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Overview

What is Adrian Retiree Health Benefit?

Adrian Retiree Health Benefit is a nonprofit organization situated in Morenci, Michigan. Its primary mission is to aid in the payment of premiums for supplemental health insurance and prescription coverage for specific retirees from Adrian, Michigan, who were previously employed at FKI Industries, Inc. By providing these benefits, the organization contributes to the health care needs of its beneficiaries.

Is Adrian Retiree Health Benefit legitimate?

Adrian Retiree Health Benefit is a legitimate nonprofit organization registered as a 501(c)(9) entity. Adrian Retiree Health Benefit 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: $13,400

For more financial information, click here

What is the mission statement of Adrian Retiree Health Benefit?

Adrian Retiree Health Benefit's mission is centered around supporting certain retired individuals from Adrian, Michigan, who were previously employed at FKI Industries, Inc. The organization's primary objective is to facilitate the payment of premiums for supplemental health insurance and prescription coverage for these beneficiaries. By doing so, Adrian Retiree Health Benefit aims to provide essential health care benefits, contributing to the overall well-being of these retirees.

Who is the CEO of Adrian Retiree Health Benefit?

Glenn Kelly is the Trustee of Adrian Retiree Health Benefit.

What is the revenue of Adrian Retiree Health Benefit?

Adrian Retiree Health Benefit's revenue in 2022 was $314,559.

Who are the executives of Adrian Retiree Health Benefit and what are their salaries?


Here are 3 key members and their salaries:


Glenn Kelly (Trustee)
  • Compensation: $7,300
  • Related: $0
  • Other: $0
Walter Berry (Veba Committ)
  • Compensation: $6,100
  • Related: $0
  • Other: $0
Donald Baughey (Veba Committ)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Adrian Retiree Health Benefit?

Adrian Retiree Health Benefit's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Adrian Retiree Health Benefit

Adrian Retiree Health Benefit is an organization dedicated to supporting the health needs of certain retirees from FKI Industries, Inc., based in Adrian, Michigan. Its primary mission is to facilitate the payment of premiums for group supplemental health insurance and prescription coverage for these retirees, thereby providing them with essential healthcare benefits. By doing so, Adrian Retiree Health Benefit plays a crucial role in ensuring the well-being of its beneficiaries, enabling them to access necessary medical care and prescription medications. The organization's mission is aimed at enhancing the quality of life for these retirees by addressing their health-related needs, thus contributing to their overall well-being and peace of mind.

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Impact




October, 2024

Adrian Retiree Health Benefit has a significant impact on the retired community in Adrian, Michigan, particularly for those who were employees of FKI Industries, Inc. By facilitating the payment of premiums for group supplemental health insurance and prescription coverage, the organization ensures that retirees can maintain access to essential health care services.

The assistance provided not only alleviates financial burdens associated with health care costs but also enhances the overall well-being of retirees. By covering these premiums, the Adrian Retiree Health Benefit helps retirees access vital medical treatment, prescriptions, and preventive care that might otherwise be unaffordable. This support contributes to improved quality of life, greater peace of mind, and the ability for retirees to live healthier, more independent lives post-retirement.

Moreover, the organization strengthens community ties by supporting individuals who have contributed to the local workforce. In doing so, it fosters a sense of solidarity among retirees, recognizes their past contributions, and ensures they receive the medical care they need in their retirement years. Overall, the impact of Adrian Retiree Health Benefit is profound, making a meaningful difference in the lives of many retirees and their families.




This information is meant to be a general summary of Adrian Retiree Health Benefit. 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
$314,559 (2022)
Expenses
$349,342 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $314,559
  • Gross Receipts: $314,559

Assets and Liabilities:

  • Total Assets: $1,839,966
  • Total Liabilities: $2,207
  • Net Assets: $1,837,759

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Organization Details

Founding Year

2007

Principal Officer

Glenn Kelly

Main Address

121 S WASHINGTON ST, MORENCI, MI, 49256

NTEE Category

Code: Y20 - Mutual benefit

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