Medical And Life Benefits Plan Trust For Hourly Retirees C/O Jpmorgan Chase Bank

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

EIN: 371874621 ✦ Plano, TX ✦ Designated as a 501(c)(9)

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Overview

What is Medical And Life Benefits Plan Trust For Hourly Retirees C/O Jpmorgan Chase Bank?

The Medical and Life Benefits Plan Trust for Hourly Retirees CO at Jpmorgan Chase Bank is a nonprofit organization headquartered in Plano, Texas. Their primary mission is to provide essential medical and life benefits to eligible hourly retirees in accordance with the Altria Client Services Medical & Life Benefits Plan Trust for Hourly Retirees. The trust is committed to enhancing the well-being of retirees by offering medical and life benefits, ensuring their access to healthcare services and financial security in their post-employment years.

Is Medical And Life Benefits Plan Trust For Hourly Retirees C/O Jpmorgan Chase Bank legitimate?

Medical And Life Benefits Plan Trust For Hourly Retirees C/O Jpmorgan Chase Bank is a legitimate nonprofit organization registered as a 501(c)(9) entity. Medical And Life Benefits Plan Trust For Hourly Retirees C/O Jpmorgan Chase Bank 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: $81,339
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Medical And Life Benefits Plan Trust For Hourly Retirees C/O Jpmorgan Chase Bank?

The Medical and Life Benefits Plan Trust for Hourly Retirees at JPMorgan Chase Bank is dedicated to delivering medical and life benefits to eligible retirees in accordance with the trust's terms. The primary goal of the trust is to ensure retirees receive essential health and life benefits after their working years. By providing these benefits, the trust strives to help retirees maintain their well-being and peace of mind. The trust's mission is to make a positive impact on the lives of eligible retirees by securing their access to crucial medical and life benefits. This commitment is essential in helping retirees transition into retirement with confidence and security. The trust's initiatives prioritize the health and well-being of retirees, offering them the resources they need to live their post-retirement lives to the fullest.

Who is the CEO of Medical And Life Benefits Plan Trust For Hourly Retirees C/O Jpmorgan Chase Bank?

Greg Caneco is the Trustee of Medical And Life Benefits Plan Trust For Hourly Retirees C/O Jpmorgan Chase Bank.

What is the revenue of Medical And Life Benefits Plan Trust For Hourly Retirees C/O Jpmorgan Chase Bank?

Medical And Life Benefits Plan Trust For Hourly Retirees C/O Jpmorgan Chase Bank's revenue in 2022 was $44,516,857.

Who are the executives of Medical And Life Benefits Plan Trust For Hourly Retirees C/O Jpmorgan Chase Bank and what are their salaries?


There is 1 key member and their salary:


Jpmorgan Chase Bank Na (Trustee)
  • Compensation: $81,339
  • Related: $0
  • Other: $0
Where can I find the form 990 for Medical And Life Benefits Plan Trust For Hourly Retirees C/O Jpmorgan Chase Bank?

Medical And Life Benefits Plan Trust For Hourly Retirees C/O Jpmorgan Chase Bank's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Medical And Life Benefits Plan Trust For Hourly Retirees C/O Jpmorgan Chase Bank

Medical And Life Benefits Plan Trust For Hourly Retirees CO Jpmorgan Chase Bank, a notable organization, is dedicated to providing essential medical and life benefits to eligible hourly retirees. In accordance with the terms of Altria Client Services, this trust operates with a primary exempt purpose. By offering these benefits, the trust strives to improve the lives of eligible retirees, ensuring they have access to crucial resources for their well-being.

Established to cater specifically to hourly retirees, Medical And Life Benefits Plan Trust For Hourly Retirees CO Jpmorgan Chase Bank focuses on delivering medical and life benefits that are necessary for a comfortable and secure post-retirement life. The organization remains committed to its mission, providing medical and life benefits in accordance with the laid-out trust guidelines. By prioritizing the health and well-being of its beneficiaries, this trust plays a significant role in ensuring peace of mind for eligible hourly retirees.

The Medical And Life Benefits Plan Trust For Hourly Retirees CO Jpmorgan Chase Bank team works diligently to provide eligible retirees with the medical and life benefits they deserve. By offering these benefits, the trust aims to alleviate the financial burden of healthcare and other life expenses, allowing retirees to focus on enjoying their retirement years. With a strong dedication to its mission, Medical And Life Benefits Plan Trust For Hourly Retirees CO Jpmorgan Chase Bank continues to make a positive impact on the lives of its beneficiaries.

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Impact




October, 2024

The Medical and Life Benefits Plan Trust for Hourly Retirees, managed through JPMorgan Chase Bank, significantly impacts eligible hourly retirees by providing essential medical and life benefits tailored to their needs. This support ensures that retirees have access to necessary healthcare services, which can alleviate financial burdens associated with medical expenses. In addition to physical health benefits, the provision of life insurance contributes to the overall security and peace of mind for retirees and their families.

By focusing on the welfare of hourly retirees, the trust helps maintain their quality of life during retirement. It bridges potential gaps that could arise from retirement inadequacies and aids in preserving their dignity and independence. The trust operates in alignment with the terms laid out in the Altria Client Services Medical & Life Benefits Plan, ensuring that beneficiaries receive consistent and reliable assistance in accordance with those guidelines. Overall, its impact extends beyond mere financial support, fostering a sense of community and care among retirees.




This information is meant to be a general summary of Medical And Life Benefits Plan Trust For Hourly Retirees C/O Jpmorgan Chase Bank. 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.

Revenue
$44,516,857 (2022)
Expenses
$70,536,663 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $7,088,438
  • Program Service Revenue: $5,200,237
  • Gross Receipts: $113,945,157

Assets and Liabilities:

  • Total Assets: $123,960,941
  • Total Liabilities: $3,441,158
  • Net Assets: $120,519,783

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Programs

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

EMPLOYEE CONTRIBUTION

Revenue

$5,200,237

Organization Details

Founding Year

2017

Principal Officer

Greg Caneco

Main Address

8181 COMMUNICATIONS PKWYBLDG A F, PLANO, TX, 75024

NTEE Category

Code: Y43 - Mutual benefit

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