Wisconsin Evangelical Lutheran Synod Group Medical Plan

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

EIN: 391562756 ✦ Milwaukee, WI ✦ Designated as a 501(c)(9)

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Overview

What is Wisconsin Evangelical Lutheran Synod Group Medical Plan?

The Wisconsin Evangelical Lutheran Synod Group Medical Plan is a trust organized to provide medical benefits for eligible employees. Based in Milwaukee, Wisconsin, the trust holds funds to distribute these benefits. This nonprofit entity is dedicated to ensuring that qualified individuals receive essential medical coverage. By managing these funds, the trust aims to improve the health and wellbeing of its members.

Is Wisconsin Evangelical Lutheran Synod Group Medical Plan legitimate?

Wisconsin Evangelical Lutheran Synod Group Medical Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Wisconsin Evangelical Lutheran Synod Group Medical Plan 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

For more financial information, click here

What is the mission statement of Wisconsin Evangelical Lutheran Synod Group Medical Plan?

The Wisconsin Evangelical Lutheran Synod Group Medical Plan is dedicated to offering medical benefits to eligible employees. This trust serves as the means to provide these benefits. In essence, the plan's primary goal is to ensure access to medical coverage for its qualified members. The trust's resources are utilized to deliver essential healthcare services to those who meet the eligibility criteria. By providing these medical benefits, the plan aims to help its employees maintain good health and wellbeing. Overall, the Wisconsin Evangelical Lutheran Synod Group Medical Plan functions as a vital safety net, enabling its members to access necessary healthcare services and manage their medical needs effectively.

Who is the CEO of Wisconsin Evangelical Lutheran Synod Group Medical Plan?

Unavailable

What is the revenue of Wisconsin Evangelical Lutheran Synod Group Medical Plan?

Wisconsin Evangelical Lutheran Synod Group Medical Plan's revenue in 2021 was $57,645,432.

Who are the executives of Wisconsin Evangelical Lutheran Synod Group Medical Plan and what are their salaries?


There is 1 key member and their salary:


Bmo Harris Bank Na (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Wisconsin Evangelical Lutheran Synod Group Medical Plan?

Wisconsin Evangelical Lutheran Synod Group Medical Plan's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Wisconsin Evangelical Lutheran Synod Group Medical Plan

The Wisconsin Evangelical Lutheran Synod Group Medical Plan is a trust that offers medical benefits to eligible employees. This organization serves as a vital source of healthcare support for its qualified members, providing them with essential medical coverage. The mission of the Wisconsin Evangelical Lutheran Synod Group Medical Plan is centered around the distribution of medical benefits to those who meet the necessary criteria.

In more detail, the Wisconsin Evangelical Lutheran Synod Group Medical Plan functions as a trust that holds the funds necessary to deliver medical benefits to its employees. The organization's primary focus is on ensuring that these individuals receive access to crucial healthcare services. Through the funds managed within the trust, the Wisconsin Evangelical Lutheran Synod Group Medical Plan is able to extend medical coverage to its eligible members. By doing so, it plays a significant role in enhancing their overall wellbeing and quality of life.

It is important to note that the Wisconsin Evangelical Lutheran Synod Group Medical Plan does not operate as a traditional healthcare provider. Instead, it acts as a trust that manages the financial resources needed to provide medical coverage to its qualified employees. By offering medical benefits through funds held within the trust, the organization contributes to the financial and health security of its members.

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Impact




October, 2024

The Wisconsin Evangelical Lutheran Synod Group Medical Plan provides essential medical benefits to qualified employees, significantly impacting their health and well-being. By offering access to medical services, the plan helps mitigate healthcare costs for employees, ensuring they receive necessary medical attention without financial strain. This support fosters a healthier workforce, contributing to improved productivity and morale. Additionally, the plan enhances employee retention by providing valuable health benefits, making it an attractive option for current and prospective staff. Overall, the plan plays a crucial role in promoting a healthier community and supporting the mission of the organization in Milwaukee, WI.




This information is meant to be a general summary of Wisconsin Evangelical Lutheran Synod Group Medical Plan. 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
$57,645,432 (2021)
Expenses
$60,213,373 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $1,883,665
  • Program Service Revenue: $55,761,767
  • Gross Receipts: $142,419,182

Assets and Liabilities:

  • Total Assets: $38,868,902
  • Total Liabilities: $0
  • Net Assets: $38,868,902

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Programs

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

Company Contribution

Revenue

$53,030,000

Premiums collected

Revenue

$70,803

Rebate credit Medco Health

Revenue

$2,660,964

Organization Details

Founding Year

1991

Main Address

TMI Trust Co 115 S 84th St, Milwaukee, WI, 532141474

NTEE Category

Code: Z99 - Unknown

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