Overview
What is The Trust For The Post Employment Health Plan For Public Employees - C?
The Trust for the Post Employment Health Plan for Public Employees - C is a nonprofit organization situated in Columbus, Ohio. Its primary mission is to help public sector employees, including those from state and local governments and their political subdivisions, manage their post-employment medical expenses. This is achieved by accumulating employer contributions, which are subsequently utilized to cover health insurance premiums and other eligible medical costs for individuals who have left their respective workplaces. During the year 2022, a significant amount was spent on medical insurance premiums for eligible participants. The Trust also manages expenses related to its operation and administration.
Is The Trust For The Post Employment Health Plan For Public Employees - C legitimate?
The Trust For The Post Employment Health Plan For Public Employees - C is a legitimate nonprofit organization registered as a 501(c)(9) entity. The Trust For The Post Employment Health Plan For Public Employees - C 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 The Trust For The Post Employment Health Plan For Public Employees - C?
The Trust for the Post Employment Health Plan for Public Employees-C has a mission to facilitate a solution for public sector employees, hailing from state or local governments and their political subdivisions, to manage post-employment medical expenses. By accumulating employer contributions, this organization aims to cover health insurance and eligible medical expenses for participants who leave their respective employers. This Trust serves as a means to mitigate the financial burden associated with post-employment medical costs for these public employees.
What is the revenue of The Trust For The Post Employment Health Plan For Public Employees - C?
The Trust For The Post Employment Health Plan For Public Employees - C's revenue in 2024 was $1,004,379.
Who are the executives of The Trust For The Post Employment Health Plan For Public Employees - C 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 The Trust For The Post Employment Health Plan For Public Employees - C?
The Trust For The Post Employment Health Plan For Public Employees - C's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of The Trust For The Post Employment Health Plan For Public Employees - C
The Trust for the Post Employment Health Plan for Public Employees-C is an organization with a mission to address the post-employment medical expenses of public sector employees. This nonprofit accumulates employer contributions for the reimbursement of health insurance and other eligible medical expenses for participants who depart from their respective employers. In simpler terms, The Trust serves as a financial resource for public employees, ensuring they have access to necessary medical care even after leaving their jobs. By providing reimbursements, this organization alleviates the financial burden of health-related expenses that may arise post-employment, thus ensuring that these employees can maintain their well-being.
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Impact
October, 2024
The Trust For The Post Employment Health Plan For Public Employees - C plays a crucial role in supporting former public sector employees in managing their healthcare costs after retirement or separation from service. By reimbursing eligible medical expenses incurred by participants, the Trust alleviates the financial burden associated with healthcare that retirees often face.
In 2022, the Trust provided significant assistance by covering $743,205 in medical insurance premiums for eligible participants. This support is vital for ensuring that former employees can maintain access to necessary healthcare services, which is especially important in later stages of life.
Additionally, the Trust operates efficiently, with administrative expenses amounting to only $43,946 for the plan year, demonstrating a commitment to maximizing the funds available for member reimbursements. By accumulating employer contributions, the Trust effectively addresses the post-employment medical expenses for public sector employees and their families, contributing to their overall well-being and financial security.
This information is meant to be a general summary of The Trust For The Post Employment Health Plan For Public Employees - C. 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 2024.
- Program Service Revenue: $1,004,379
- Gross Receipts: $1,004,379
Assets and Liabilities:
- Total Assets: $13,752,628
- Total Liabilities: $0
- Net Assets: $13,752,628
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$1,004,379
Organization Details
Founding Year
1997
Principal Officer
Paula Miller
NTEE Category
Code: Y44 - Mutual benefit
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