Overview
What is Middletown Works Hourly & Salaried Union Retirees Health Care Fund?
The Middletown Works Hourly & Salaried Union Retirees Health Care Fund is a nonprofit organization situated in Oak Brook, Illinois. Its primary mission is to offer health and welfare benefits to eligible retirees and their dependents. Through this fund, retirees can access medical, prescription drug, dental, vision, and life insurance coverage. Moreover, the fund reimburses Medicare Part B premiums to add an extra layer of support. This nonprofit entity aims to secure the wellbeing of its members by providing essential healthcare benefits.
What are the reviews and ratings of this charity?
The Middletown Works Hourly & Salaried Union Retirees Health Care Fund is not currently rated by Charity Navigator. The lack of a rating does not imply any negative or positive assessment but is due to it not being a 501(c)(3) registered nonprofit, which limits its eligibility for certain evaluations by Charity Navigator.
Without a 501(c)(3) status, the organization does not qualify for evaluations in areas such as Accountability & Finance, Impact & Measurement, Culture & Community, and Leadership & Adaptability. This restricts the available data on its financial metrics, including revenue, expenses, and salaries of key persons, making a comprehensive assessment challenging.
Since there are no user reviews available on GreatNonprofits, further insights from beneficiaries or stakeholders are not currently accessible. Overall, the absence of evaluative data and user feedback suggests a need for potential donors or interested parties to seek additional information directly from the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Middletown Works Hourly & Salaried Union Retirees Health Care Fund legitimate?
Middletown Works Hourly & Salaried Union Retirees Health Care Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Middletown Works Hourly & Salaried Union Retirees Health Care Fund 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: $100,650
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Middletown Works Hourly & Salaried Union Retirees Health Care Fund?
The Middletown Works Hourly and Salaried Union Retirees Health Care Fund is dedicated to providing health and welfare benefits to eligible retirees and their dependents. Through this mission, the fund offers a range of benefits including medical coverage, prescription drugs, dental services, vision care, and potentially life insurance. The primary goal is to ensure that retirees have access to essential health services to maintain their well-being. The organization takes pride in reimbursing Medicare Part B premiums, further enhancing the healthcare coverage for eligible individuals.
Who is the CEO of Middletown Works Hourly & Salaried Union Retirees Health Care Fund?
Roger Mcclow is the Trustee of Middletown Works Hourly & Salaried Union Retirees Health Care Fund.
What is the revenue of Middletown Works Hourly & Salaried Union Retirees Health Care Fund?
Middletown Works Hourly & Salaried Union Retirees Health Care Fund's revenue in 2022 was $19,917,175.
Who are the executives of Middletown Works Hourly & Salaried Union Retirees Health Care Fund and what are their salaries?
Here are 7 key members and their salaries:
- Compensation: $10,850
- Related: $0
- Other: $0
- Compensation: $36,500
- Related: $0
- Other: $0
- Compensation: $8,500
- Related: $0
- Other: $0
- Compensation: $18,500
- Related: $0
- Other: $0
- Compensation: $12,850
- Related: $0
- Other: $0
- Compensation: $8,175
- Related: $0
- Other: $0
- Compensation: $2,375
- Related: $0
- Other: $0
Where can I find the form 990 for Middletown Works Hourly & Salaried Union Retirees Health Care Fund?
Middletown Works Hourly & Salaried Union Retirees Health Care Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Middletown Works Hourly & Salaried Union Retirees Health Care Fund
The Middletown Works Hourly and Salaried Union Retirees Health Care Fund is a dedicated organization that aims to extend health and welfare benefits to eligible retirees and their dependents. In simple terms, it prioritizes the well-being of its members by offering a comprehensive suite of benefits.
Established with a mission to provide critical health services, this nonprofit organization offers medical, prescription drug, dental, vision, and life insurance coverage to qualifying retirees. By addressing these various facets of health and wellness, the Middletown Works Hourly and Salaried Union Retirees Health Care Fund aims to alleviate the financial burden of healthcare costs for its members.
Moreover, this philanthropic entity goes beyond basic healthcare coverage by reimbursing Medicare Part B premiums. By offering this financial assistance, the organization ensures that its retirees have access to essential healthcare services, allowing them to maintain their health and overall well-being in their later years.
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Impact
October, 2024
The Middletown Works Hourly & Salaried Union Retirees Health Care Fund significantly impacts the lives of retirees and their families by providing essential health and welfare benefits. The fund addresses key health care needs through a variety of offerings, including medical, prescription drug coverage, dental and vision care, as well as life insurance benefits. This support helps retirees manage healthcare costs, ensuring they have access to necessary services and medications.
Additionally, by reimbursing Medicare Part B premiums, the fund alleviates some of the financial burden associated with healthcare for many retirees. The comprehensive benefits contribute to improved quality of life for participants, allowing them to focus on their health and well-being during retirement. Overall, the fund plays a crucial role in supporting the welfare of union retirees and enhancing their financial security in healthcare.
This information is meant to be a general summary of Middletown Works Hourly & Salaried Union Retirees Health Care Fund. 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.
- Investment Income: $16,724,258
- Program Service Revenue: $3,151,278
- Gross Receipts: $151,852,090
Assets and Liabilities:
- Total Assets: $597,444,803
- Total Liabilities: $1,685,116
- Net Assets: $595,759,687
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARTICIPANT CONTRIBUTIONS
Revenue
$2,802,402
PRESCRIPTION DRUG REBATES
Revenue
$316,247
PERFORMANCE GUARANTEE REBATES
Revenue
$32,629
Organization Details
Founding Year
2008
Phone
(877) 829-5500Principal Officer
Roger Mcclow
Main Address
CO BMGI 1201 CRAWFORD STREET, MIDDLETOWN, OH, 45044
NTEE Category
Code: Y43 - Mutual benefit
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