Overview
What is Grinnell College Medical Benefit Plan Trust?
Grinnell College Medical Benefit Plan Trust is a nonprofit entity based in Grinnell, Iowa. Its primary mission is to offer group health insurance to eligible employees of Grinnell College who choose to participate. As of June 30, 2022, the plan, administered by Wellmark, provides benefits to around 773 active employees, early retirees, surviving spouses, and their eligible family members. The trust's role is crucial in ensuring the health and well-being of Grinnell College's workforce by offering comprehensive insurance coverage.
Is Grinnell College Medical Benefit Plan Trust legitimate?
Grinnell College Medical Benefit Plan Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Grinnell College Medical Benefit Plan 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 Grinnell College Medical Benefit Plan Trust?
The Grinnell College Medical Benefit Plan Trust is dedicated to providing group health insurance coverage for eligible employees of Grinnell College. As of June 30, 2022, the plan, managed by Wellmark, extends benefits to approximately 773 active employees, early retirees, and surviving spouses, along with their eligible family members. The primary objective of this trust is to ensure the wellbeing of these individuals by offering comprehensive health insurance services. The plan aims to safeguard the health and financial security of its members, providing them with peace of mind during times of medical need.
Who is the CEO of Grinnell College Medical Benefit Plan Trust?
Germaine Gross is the Trustee of Grinnell College Medical Benefit Plan Trust.
What is the revenue of Grinnell College Medical Benefit Plan Trust?
Grinnell College Medical Benefit Plan Trust's revenue in 2022 was $10,252,534.
Who are the executives of Grinnell College Medical Benefit Plan Trust and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $190,940
- Other: $32,431
- Compensation: $0
- Related: $590,356
- Other: $115,491
- Compensation: $0
- Related: $193,597
- Other: $55,043
- Compensation: $0
- Related: $222,767
- Other: $33,787
Where can I find the form 990 for Grinnell College Medical Benefit Plan Trust?
Grinnell College Medical Benefit Plan Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Grinnell College Medical Benefit Plan Trust
The Grinnell College Medical Benefit Plan Trust serves a crucial role by providing group health insurance coverage to eligible employees of Grinnell College. This nonprofit organization's mission is centered around extending this essential healthcare benefit to a select group of individuals. As of June 30, 2022, the plan, administered by Wellmark, has extended its coverage to approximately 773 active employees, early retirees, and surviving spouses, as well as their eligible family members. This comprehensive insurance plan aims to safeguard the health and well-being of those it serves, offering them peace of mind in the face of unforeseen medical circumstances.
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
Grinnell College Medical Benefit Plan Trust plays a crucial role in enhancing the well-being and financial security of eligible employees at Grinnell College. By providing comprehensive group health insurance, the trust ensures that approximately 773 active employees, early retirees, and surviving spouses, along with their family members, have access to essential medical benefits.
Administered by Wellmark, the plan facilitates a supportive environment for employees, helping to reduce healthcare costs and allowing individuals to focus on their work and personal lives without the added stress of medical expenses. This access to health coverage promotes employee retention, satisfaction, and productivity, ultimately contributing to the overall stability and success of Grinnell College as an educational institution. By prioritizing the health of its workforce, the Trust fosters a sense of security and community, reinforcing the institutional commitment to the welfare of its employees.
This information is meant to be a general summary of Grinnell College Medical Benefit Plan 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: $14,384
- Program Service Revenue: $10,238,150
- Gross Receipts: $10,852,534
Assets and Liabilities:
- Total Assets: $11,125,580
- Total Liabilities: $0
- Net Assets: $11,125,580
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER PREMIUM CONTRIBUTIONS
Revenue
$8,117,727
EMPLOYEE PREMIUM CONTRIBUTIONS
Revenue
$2,120,423
Organization Details
Founding Year
1991
Phone
(641) 269-9700Principal Officer
Germaine Gross
Main Address
733 BROAD STREET ACCOUNTING, GRINNELL, IA, 501121690
NTEE Category
Code: Y40 - Mutual benefit
If you are a representative of Grinnell College Medical Benefit Plan 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.