Overview
What is Voluntary Local 4911 Retiree Medical Fund?
The Voluntary Local 4911 Retiree Medical Fund is a nonprofit organization primarily focused on offering financial assistance for additional retiree medical benefits. As per the collective bargaining agreement, this fund caters to eligible members, aiming to enhance healthcare options for retirees. The mission of this medical plan is to provide supplementary medical benefits to its members, ensuring that retirees have access to necessary healthcare services.
Is Voluntary Local 4911 Retiree Medical Fund legitimate?
Voluntary Local 4911 Retiree Medical Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Voluntary Local 4911 Retiree Medical Fund 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: $17,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Voluntary Local 4911 Retiree Medical Fund?
The Voluntary Local 4911 Retiree Medical Fund was established with a mission to provide supplemental medical benefits for eligible retirees. This mission is carried out through a medical plan, formed under the collective bargaining agreement. The primary objective of the fund is to offer additional health benefits to its members, thereby enhancing their post-retirement medical coverage. The fund offers various programs tailored to eligible retirees, aiming to ensure they have access to necessary medical assistance during their retirement years.
What is the revenue of Voluntary Local 4911 Retiree Medical Fund?
Voluntary Local 4911 Retiree Medical Fund's revenue in 2023 was $2,239,698.
Who are the executives of Voluntary Local 4911 Retiree Medical Fund and what are their salaries?
There 8 volunteers at Voluntary Local 4911 Retiree Medical Fund.
There is 1 key member and their salary:
- Compensation: $17,000
- Related: $0
- Other: $0
Where can I find the form 990 for Voluntary Local 4911 Retiree Medical Fund?
Voluntary Local 4911 Retiree Medical Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Voluntary Local 4911 Retiree Medical Fund
Voluntary Local 4911 Retiree Medical Fund is a mission-driven organization that was established with the primary objective of providing supplemental retiree medical benefits to eligible members under a collective bargaining agreement. The fund's medical plan was specifically formed to cater to the healthcare needs of retirees, offering supplementary benefits beyond what might be provided through other means. By offering these programs, Voluntary Local 4911 Retiree Medical Fund seeks to enhance the quality of life for its eligible members, ensuring they have access to necessary medical care as they transition into retirement. The organization's mission is centered around the belief that everyone, especially retirees, deserves a measure of financial security and health care support, which is crucial for their well-being and peace of mind during this stage of life.
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Impact
October, 2024
The Voluntary Local 4911 Retiree Medical Fund plays a crucial role in enhancing the well-being of retirees by providing financial support for supplemental medical benefits. This initiative serves eligible members under a collective bargaining agreement, ensuring that retirees have access to necessary health benefits. By addressing gaps in healthcare coverage, the Fund alleviates the financial burden associated with medical expenses, enabling retirees to maintain their health and quality of life. The programs offered help promote stability and security for individuals who have dedicated years of service, reflecting a commitment to their ongoing health and welfare. Overall, the Fund significantly impacts the community by fostering a supportive environment for its retirees.
This information is meant to be a general summary of Voluntary Local 4911 Retiree Medical Fund. 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: $654,910
- Program Service Revenue: $1,373,686
- Gross Receipts: $8,660,189
Assets and Liabilities:
- Total Assets: $26,060,595
- Total Liabilities: $48,624
- Net Assets: $26,011,971
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARTICIPANT CONTRIBUTIONS
Revenue
$1,373,686
Organization Details
Founding Year
2002
Principal Officer
Richard Lichtenstein
NTEE Category
Code: Y43 - Mutual benefit
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