Amica Retiree Medical Trust

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

EIN: 416558543 ✦ Lincoln, RI ✦ Designated as a 501(c)(9)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Amica Retiree Medical Trust?

The Amica Retiree Medical Trust is a charitable entity based at 100 Amica Way, Lincoln, Rhode Island 02865, with a total of unknown employees. It offers benefits to eligible participants and their dependents, as stipulated by Section 1.501(c)(9)-(3)(C) of the U.S. Treasury regulations. Specifically, the trust provides sick and accident benefits according to these regulations, catering to individuals who meet the eligibility requirements under the Amica Mutual Insurance Co. Retiree Medical Plan.

Is Amica Retiree Medical Trust legitimate?

Amica Retiree Medical Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Amica Retiree Medical 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

For more financial information, click here

What is the mission statement of Amica Retiree Medical Trust?

The Amica Retiree Medical Trust is designed to offer sick and accident benefits to eligible participants and their dependents, falling under the guidelines of Section 1.501(C)(9)-(3)(C) of the US Treasury Regulations. This trust serves the interests of those who meet the eligibility criteria of the Amica Mutual Insurance Company Retiree Medical Plan. The primary goal of the trust is to provide essential benefits, ensuring financial assistance to participants during times of illness or accident. The trust's objective remains focused on enhancing the well-being and securing the health of its beneficiaries.

Who is the CEO of Amica Retiree Medical Trust?

Edmund Shallcross Iii is the Chairman (As Of 9/22/2022) of Amica Retiree Medical Trust.

What is the revenue of Amica Retiree Medical Trust?

Amica Retiree Medical Trust's revenue in 2022 was $29,879,454.

Who are the executives of Amica Retiree Medical Trust and what are their salaries?


Here are 7 key members and their salaries:


Edmund Shallcross Iii (Chairman (As Of 9/22/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Dimuccio (Chairman (Thru 9/30/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Suzanne Casey (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Chung (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Loring (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samuel Palmisano (Trustee (As Of 9/21/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Jill Andy (Trustee (Thru 9/30/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Amica Retiree Medical Trust?

Amica Retiree Medical Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Amica Retiree Medical Trust

Amica Retiree Medical Trust is a charitable trust that offers sick and accident benefits to its participants and their eligible dependents, as defined by the Treasury Regulation Section 1.501(c)(9)-(3)(C). This trust exists for the sole benefit of those individuals who meet the eligibility criteria outlined in the Amica Mutual Insurance Company Retiree Medical Plan.

In essence, Amica Retiree Medical Trust acts as a safety net for its participants, providing them with essential financial assistance during times of illness or accident. By doing so, it enables them to focus on their recovery rather than worrying about the financial implications of their health issues. The trust's mission is to alleviate the financial burden of healthcare expenses for those who have earned this benefit through their association with Amica Mutual Insurance Company.

The trust's primary goal is to make a difference in the lives of its participants by providing them with the necessary financial resources to tackle the challenges that come with sickness or injury. By offering sick and accident benefits, Amica Retiree Medical Trust plays a crucial role in helping its members maintain their financial stability during difficult times, ultimately contributing to their overall well-being.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

Amica Retiree Medical Trust provides vital sick and accident benefits to eligible participants and their dependents, significantly enhancing their financial security in times of health-related challenges. By supporting individuals under the Amica Mutual Insurance Company Retiree Medical Plan, the Trust plays a crucial role in ensuring that retirees have access to necessary resources when faced with medical issues. This assistance not only alleviates the burden of unexpected health expenses but also promotes overall well-being among retirees, allowing them to maintain their quality of life and peace of mind in retirement. In essence, the Trust's impact lies in its commitment to safeguarding the health and financial stability of its participants.




This information is meant to be a general summary of Amica Retiree Medical 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.

Revenue
$29,879,454 (2022)
Expenses
$19,753,044 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $29,169,650
  • Gross Receipts: $641,736,937

Assets and Liabilities:

  • Total Assets: $332,476,437
  • Total Liabilities: $10,038,200
  • Net Assets: $322,438,237

Want to help this charity, for free? You can click here to learn more about Give Freely

Organization Details

Founding Year

2006

Principal Officer

Edmund Shallcross Iii

Main Address

100 AMICA WAY, LINCOLN, RI, 028651156

NTEE Category

Code: Y43 - Mutual benefit

If you are a representative of Amica Retiree Medical Trust and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.