Overview
What is Trust For The Post Employment Health Plan For Public Employees - 6?
Trust For The Post Employment Health Plan For Public Employees - 6 is a nonprofit organization dedicated to assisting public sector employees who have terminated their service with their respective employers. Based in Columbus, Ohio, the Trust accumulates employer contributions to cover eligible medical expenses, including health insurance premiums, for participants who have separated from service. The organization's mission is to provide a means for state and local government employees to manage post-employment medical expenses, aiming to ensure financial support and continuity of healthcare for these individuals. In 2022, the Trust spent $166,544 on medical insurance premiums for eligible participants, and its administrative expenses amounted to $10,078 for the year.
Is Trust For The Post Employment Health Plan For Public Employees - 6 legitimate?
Trust For The Post Employment Health Plan For Public Employees - 6 is a legitimate nonprofit organization registered as a 501(c)(9) entity. Trust For The Post Employment Health Plan For Public Employees - 6 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 Post Employment Health Plan For Public Employees - 6?
The Trust for the Post Employment Health Plan for Public Employees-6 has a mission to provide a solution for public sector employees, specifically those from state and local governments (along with their political subdivisions), to manage post-employment medical expenses. The Trust accumulates employer contributions, which are then utilized for reimbursing health insurance and other eligible medical expenses for participants who cease their service with their respective employers. This initiative aims to offer financial support during the transition period after employment, ensuring that these individuals can still afford necessary medical care.
Who is the CEO of Trust For The Post Employment Health Plan For Public Employees - 6?
Paula Miller is the Chief Trust Officer of Trust For The Post Employment Health Plan For Public Employees - 6.
What is the revenue of Trust For The Post Employment Health Plan For Public Employees - 6?
Trust For The Post Employment Health Plan For Public Employees - 6's revenue in 2022 was $134,524.
Who are the executives of Trust For The Post Employment Health Plan For Public Employees - 6 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 Post Employment Health Plan For Public Employees - 6?
Trust For The Post Employment Health Plan For Public Employees - 6's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Trust For The Post Employment Health Plan For Public Employees - 6
The Trust for the Post Employment Health Plan for Public Employees-6, hereafter referred to as the Trust, is an organization with a mission to help public sector employees address post-employment medical expenses. The primary aim of this nonprofit entity is to accumulate employer contributions for the reimbursement of health insurance and other eligible medical expenses for participants who leave their respective positions in state or local government services. By providing this financial assistance, the Trust aims to alleviate the financial burden that often accompanies post-employment healthcare costs. This service is invaluable for public employees who rely on regular employment-based health insurance coverage.
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Impact
October, 2024
The Trust for the Post Employment Health Plan for Public Employees - 6 plays a critical role in supporting public sector employees by ensuring they have access to financial assistance for medical expenses after retirement. It addresses a key gap in post-employment healthcare by reimbursing eligible medical costs incurred by former employees of state and local governments.
In 2022, the Trust reimbursed medical insurance premiums totaling $166,544, significantly alleviating the burden of post-employment medical expenses for its participants. This financial support helps retired public employees manage their healthcare costs effectively, contributing to their overall well-being and peace of mind during retirement.
Moreover, with administrative expenses of only $10,078 for the same year, the Trust efficiently manages resources to maximize benefits for its participants. By accumulating employer contributions specifically designated for these reimbursements, the Trust provides a sustainable solution to a pressing need among public employees, fostering a sense of security and mutual benefit within the community.
This information is meant to be a general summary of Trust For The Post Employment Health Plan For Public Employees - 6. 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: $134,524
- Gross Receipts: $134,524
Assets and Liabilities:
- Total Assets: $1,931,791
- Total Liabilities: $0
- Net Assets: $1,931,791
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$134,524
Organization Details
Founding Year
1997
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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