Overview
What is Macomb C U School Dist No 185 Health & Life Insurance Program?
Macomb C U School Dist No 185 Health & Life Insurance Program is a self-insured medical trust fund established by the school district, serving a workforce of 443 employees. This program, known as the Self Insured Health Plan, is primarily intended to manage and pay for medical claims for the district's employees. By operating as a self-insured entity, the program aims to maintain financial control and flexibility in addressing health care needs within the district. The program's base is located at 323 W Washington St, Macomb, IL 61455.
Is Macomb C U School Dist No 185 Health & Life Insurance Program legitimate?
Macomb C U School Dist No 185 Health & Life Insurance Program is a legitimate nonprofit organization registered as a 501(c)(9) entity. Macomb C U School Dist No 185 Health & Life Insurance Program 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 Macomb C U School Dist No 185 Health & Life Insurance Program?
The Macomb C U School Dist No 185 Health & Life Insurance Program's mission is centered around funding a self-insured Medical Trust Fund for the district's employees. The primary objective of this program is to ensure that medical claims for these employees are efficiently and effectively managed through this fund, as indicated by the FEIN number #37-6216729. This program serves as a crucial financial support system for the district's workforce, providing them with necessary medical coverage.
Who is the CEO of Macomb C U School Dist No 185 Health & Life Insurance Program?
Unavailable
What is the revenue of Macomb C U School Dist No 185 Health & Life Insurance Program?
Macomb C U School Dist No 185 Health & Life Insurance Program's revenue in 2023 was $2,752,932.
Who are the executives of Macomb C U School Dist No 185 Health & Life Insurance Program and what are their salaries?
There are 443 employees at Macomb C U School Dist No 185 Health & Life Insurance Program.
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Macomb C U School Dist No 185 Health & Life Insurance Program?
Macomb C U School Dist No 185 Health & Life Insurance Program's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Macomb C U School Dist No 185 Health & Life Insurance Program
Macomb C U School Dist No 185 Health & Life Insurance Program, in its mission, aims to establish and maintain a self-insured Medical Trust Fund for the benefit of its associated school district employees. This fund serves as a financial resource, utilized to cover the medical claims of the district's workforce. The program, identified by its FEIN number 37-6216729, is dedicated to providing financial support and security to its employees in their healthcare needs. The primary objective of Macomb C U School Dist No 185 Health & Life Insurance Program is to ensure the well-being of its employees by providing them with access to medical care, funded through the self-insured Medical Trust.
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Impact
October, 2024
The Macomb C U School Dist No 185 Health & Life Insurance Program plays a vital role in ensuring the health and well-being of school district employees by providing a self-insured medical trust fund. This program is dedicated to covering medical claims, alleviating financial burdens, and promoting the overall wellness of staff members. By managing health claims internally, the school district can offer tailored health benefits that meet the specific needs of its employees, fostering a supportive work environment.
The program's focused mission enhances employee satisfaction and retention, which is essential for maintaining a stable and effective workforce within the education system. Moreover, by prioritizing the health of educators and support staff, the program indirectly contributes to the quality of education provided to students, creating a cycle where both employees and students benefit from comprehensive health support.
In the long term, the financial sustainability of the health trust fund not only supports employees but also prepares the school district to navigate the challenges of rising healthcare costs effectively. This proactive approach to employee health care helps ensure that the Macomb community retains qualified educators and staff, ultimately benefiting the entire educational ecosystem.
This information is meant to be a general summary of Macomb C U School Dist No 185 Health & Life Insurance Program. 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 2023.
- Investment Income: $959
- Gross Receipts: $2,752,932
Assets and Liabilities:
- Total Assets: $4,575,987
- Total Liabilities: $2,454,894
- Net Assets: $2,121,093
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Organization Details
Founding Year
1982
Phone
(309) 833-4161Main Address
323 W WASHINGTON ST, MACOMB, IL, 614552118
NTEE Category
Code: Y40 - Mutual benefit
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