Overview
What is Trust For The Post Employment Health Plan For Public Employees - B?
Trust For The Post Employment Health Plan For Public Employees - B, headquartered in Columbus, Ohio, is a nonprofit organization dedicated to addressing post-employment medical expenses for public sector employees. This includes state and local government workers and their political subdivisions. The Trust accumulates employer contributions to cover health insurance premiums and other eligible medical expenses for participants who have separated from their respective employers. During the year 2022, the Trust paid out $1,050,171 in medical insurance premiums on behalf of eligible participants. Additionally, the Trust and Administrative expenses for the Plan year amounted to $81,392. The organization's mission is to provide a means for public employees to manage their post-employment healthcare costs effectively.
Is Trust For The Post Employment Health Plan For Public Employees - B legitimate?
Trust For The Post Employment Health Plan For Public Employees - B is a legitimate nonprofit organization registered as a 501(c)(9) entity. Trust For The Post Employment Health Plan For Public Employees - B 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 - B?
The Trust for the Post Employment Health Plan for Public Employees-B has a mission to offer a solution for public sector employees from state and local governments, along with their political subdivisions, to manage post-employment medical expenses. The Trust accumulates employer contributions, which are later utilized to cover health insurance premiums and other eligible medical costs for participants who depart from their jobs. This financial resource is designed to assist these individuals in managing their medical expenses post-employment.
Who is the CEO of Trust For The Post Employment Health Plan For Public Employees - B?
Paula Miller is the Chief Trust Officer of Trust For The Post Employment Health Plan For Public Employees - B.
What is the revenue of Trust For The Post Employment Health Plan For Public Employees - B?
Trust For The Post Employment Health Plan For Public Employees - B's revenue in 2022 was $1,153,002.
Who are the executives of Trust For The Post Employment Health Plan For Public Employees - B 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 - B?
Trust For The Post Employment Health Plan For Public Employees - B'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 - B
The Trust for the Post Employment Health Plan for Public Employees-B is a mission-driven organization aimed at addressing the post-employment medical expenses of public sector employees. This nonprofit entity accumulates employer contributions, serving as a financial resource for reimbursing health insurance and other eligible medical expenses for participants who leave their respective employment. By doing so, the Trust provides a meaningful solution for public employers and their political subdivisions, ensuring that their former employees have continued access to necessary medical care during their post-employment phase.
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Impact
October, 2024
Trust For The Post Employment Health Plan For Public Employees - B significantly impacts public sector employees by providing essential financial support for post-employment medical expenses. By reimbursing eligible medical costs incurred by former employees, the Trust ensures that individuals who have served their communities can access necessary healthcare without the burden of overwhelming expenses once they leave their positions.
In 2022, the Trust facilitated over $1 million in medical insurance premiums, highlighting its role in stabilizing healthcare access for participants who have terminated their service. This support is crucial in a landscape where healthcare costs are a growing concern, particularly for retirees and former public sector employees.
The Trust also responsibly manages its funds, with administrative expenses reflecting a commitment to efficient operation. By accumulating employer contributions, the Trust can effectively reimburse medical expenses, promoting peace of mind for retirees and their families. Overall, it serves as a vital resource, fostering stability and security for public employees during a crucial transition in their lives.
This information is meant to be a general summary of Trust For The Post Employment Health Plan For Public Employees - B. 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: $1,153,002
- Gross Receipts: $1,153,002
Assets and Liabilities:
- Total Assets: $16,649,140
- Total Liabilities: $0
- Net Assets: $16,649,140
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$1,153,002
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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