Overview
What is New Berlin Retiree Health Care Subsidy Plan And Trust?
The New Berlin Retiree Health Care Subsidy Plan and Trust is a nonprofit organization, specifically designed to assist retired police officers in managing their health care expenses. Located in New Berlin, Wisconsin, this trust operates by making monthly subsidy payments towards retired officers' health benefits. In 2022, 66 participants were enrolled, with 26 of them receiving these financial aids. The trust's primary function involves maintaining and investing its principal, accumulating assets, and distributing funds in the form of subsidies to support the participants' retiree health care needs.
Is New Berlin Retiree Health Care Subsidy Plan And Trust legitimate?
New Berlin Retiree Health Care Subsidy Plan And Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. New Berlin Retiree Health Care Subsidy Plan And Trust 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 New Berlin Retiree Health Care Subsidy Plan And Trust?
The New Berlin Retiree Health Care Subsidy Plan and Trust is committed to maintaining and investing the principal of the trust, accumulating assets, and making distributions on behalf of its participants in the form of subsidies towards their retiree health care. The subsidies are intended for retired police officers. The trust makes monthly subsidy payments towards retiree health benefits. During 2022, there were 66 participants, with 26 of them receiving subsidy benefit payments.
Who is the CEO of New Berlin Retiree Health Care Subsidy Plan And Trust?
Ryan Puente is the Trustee of New Berlin Retiree Health Care Subsidy Plan And Trust.
What is the revenue of New Berlin Retiree Health Care Subsidy Plan And Trust?
New Berlin Retiree Health Care Subsidy Plan And Trust's revenue in 2022 was $146,101.
Who are the executives of New Berlin Retiree Health Care Subsidy Plan And Trust and what are their salaries?
There 4 volunteers at New Berlin Retiree Health Care Subsidy Plan And Trust.
Here are 2 key members and their salaries:
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- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for New Berlin Retiree Health Care Subsidy Plan And Trust?
New Berlin Retiree Health Care Subsidy Plan And Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of New Berlin Retiree Health Care Subsidy Plan And Trust
The New Berlin Retiree Health Care Subsidy Plan and Trust is dedicated to supporting retired police officers by maintaining and investing its principal, accumulating assets, and making distributions in the form of subsidies towards their retiree health care. Its mission is to assist these participants by covering a portion of their monthly retiree health benefits. In 2022, the trust served 66 retired police officers, with 26 of them receiving subsidy benefit payments.
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Impact
October, 2024
The New Berlin Retiree Health Care Subsidy Plan and Trust plays a critical role in supporting retired police officers by providing financial assistance for their health care needs. By maintaining and investing principal, the Trust accumulates assets that directly contribute to subsidizing monthly retiree health benefits.
In 2022, the Trust served 66 participants, with 26 retirees receiving subsidy benefit payments. This financial support reduces the burden of healthcare costs, allowing retired officers to access necessary medical services and maintain their well-being in retirement. The Trust not only aids individuals but also fosters a sense of community by ensuring that those who have dedicated their careers to public safety are taken care of in their post-service years. Overall, it enhances the quality of life for retired law enforcement personnel in New Berlin, WI, affirming the community's commitment to honoring their service.
This information is meant to be a general summary of New Berlin Retiree Health Care Subsidy Plan And Trust. 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: $59,608
- Program Service Revenue: $84,993
- Gross Receipts: $801,423
Assets and Liabilities:
- Total Assets: $1,342,898
- Total Liabilities: $0
- Net Assets: $1,342,898
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CITY OF NEW BERLIN
Revenue
$84,993
Organization Details
Founding Year
1997
Phone
(262) 782-6640Principal Officer
Ryan Puente
Main Address
16300 W NATIONAL AVENUE, NEW BERLIN, WI, 53151
NTEE Category
Code: Y40 - Mutual benefit
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