Midwest Business Group On Health

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

EIN: 363059249 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is Midwest Business Group On Health?

The Midwest Business Group On Health, based in Chicago, Illinois, is a nonprofit organization with a primary focus on education and scientific research. Specifically, they concentrate on the effects and implications of employer-sponsored health care benefit plans and health improvement programs. Their activities encompass organizing conferences and events to discuss evolving laws and medical reimbursement, educating members on how to optimize healthcare expenditures when purchasing different insurance plans (value purchasing), and keeping participants informed about relevant healthcare industry developments (consumer information). The corporation, with a workforce of nine individuals, is dedicated to enhancing the understanding and utilization of health benefits within the corporate sector.


Official website here: www.mbgh.org

Is Midwest Business Group On Health legitimate?

Midwest Business Group On Health is a legitimate nonprofit organization registered as a 501(c)(3) entity. Midwest Business Group On Health 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.

Here are some key statistics you may want to consider:

Executive Compensation: $200,806
Professional Fundraising Fees: $0
Other Salaries and Wages: $481,393

For more financial information, click here


Official website here: www.mbgh.org

What is the mission statement of Midwest Business Group On Health?

The Midwest Business Group On Health operates with an educational and scientific focus, primarily exploring the implications and consequences of employer-sponsored health care benefit plans and health improvement programs. Their mission revolves around promoting knowledge and understanding in this field, organizing conferences, and inviting speakers to discuss legal changes, medical reimbursement, and related topics. They also offer value purchasing education, guiding businesses on how to maximize their health care dollars when purchasing different health insurance plans. Furthermore, the group provides consumer information, keeping participants informed about health care matters and updates on relevant health care industry changes.


Official website here: www.mbgh.org

Who is the CEO of Midwest Business Group On Health?

Cheryl Larson is the Board President of Midwest Business Group On Health.


Official website here: www.mbgh.org

What is the revenue of Midwest Business Group On Health?

Midwest Business Group On Health's revenue in 2022 was $1,544,698.


Official website here: www.mbgh.org

Who are the executives of Midwest Business Group On Health and what are their salaries?

The average compensation at Midwest Business Group On Health during 2022 was $75,800. There are 9 employees and 22 volunteers at Midwest Business Group On Health.

Here are 18 key members and their salaries:

    Cheryl Larson (Board President) [Trustee/Director]
  • Compensation: $200,806
  • Related: $0
  • Other: $0

    • Karen Jaffee Cofsky (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carol Partington (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tara Sherman (Board Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marilyn Bartlett (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Frank Janecek (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alex Jung (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carole Mendoza (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rebecca Lueken-Stewart (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steven Schlange (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sherri Samuels-Fuerst (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Teresa Flesch (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pam Hannon (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nicole Martel (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steven Sfikas (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joe Toniolo (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wendy Mclaurin (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Heather Denkert (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.mbgh.org

    Where can I find the form 990 for Midwest Business Group On Health?

    The Midwest Business Group On Health’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.mbgh.org

    Learn more at the official website: www.mbgh.org

    Mission Statement of Midwest Business Group On Health

    Midwest Business Group On Health, functioning solely for educational and scientific purposes, focuses its activities on the implications and consequences of employer-sponsored health care benefit plans and health improvement programs. The organization's mission is centered around exploring these topics, aiming to provide valuable insights and guidance for businesses and individuals involved in these areas.

    In line with its mission, Midwest Business Group On Health hosts conferences and educational events, inviting experts to discuss various changes in law, medical reimbursement, and related topics. The corporation also offers value purchasing workshops, teaching participants how to maximize their health care dollars when purchasing different health insurance plans. Additionally, Midwest Business Group On Health provides consumer information, keeping participants informed about health care matters and offering general updates on relevant changes in the health care industry. By doing so, the organization aims to empower businesses and individuals to make informed decisions about their health care benefits and improve their overall health care experiences.

    Impact

    This information is meant to be a general summary of Midwest Business Group On Health. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Midwest Business Group On Health plays a pivotal role in educating employers on the implications and consequences of sponsoring health care benefit plans and health improvement programs. Through conferences, education sessions, and valuable resources, this organization empowers employers to make informed decisions about maximizing their health care dollars, staying updated on industry changes, and promoting employee wellness. Their impact resonates in Chicago, IL, and beyond, shaping the landscape of employer-sponsored health care with a focus on education and scientific insights.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $17,323
  • Program Service Revenue: $816,134
  • Gross Receipts: $2,033,864

    • Assets and Liabilities:
  • Total Assets: $1,655,835
  • Total Liabilities: $708,546
  • Net Assets: $947,289
  • Programs

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

    CONFERENCE MEETINGS

    Revenue

    $780,234

    PARTICIPATION AND PROJECT FEES

    Revenue

    $35,900

    Organization Details

    Founding Year

    1980

    Principal Officer

    Cheryl Larson

    Main Address

    211 S Clark STE 2749, Chicago, IL, 60604

    NTEE Category

    Code: E00 - Health

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