Overview
What is Palo Alto Foundation Medical Group Inc Retiree Health Plan Trust?
The Palo Alto Foundation Medical Group Inc Retiree Health Plan Trust is a nonprofit entity, located at 325 Distel Circle, Los Altos, California 94022. Its primary mission is to offer post-retirement healthcare benefits to eligible employees of Palo Alto Foundation Medical Group, Inc. This organization is dedicated to ensuring the wellbeing of its retirees by providing them with essential healthcare services during their post-employment phase.
Is Palo Alto Foundation Medical Group Inc Retiree Health Plan Trust legitimate?
Palo Alto Foundation Medical Group Inc Retiree Health Plan Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Palo Alto Foundation Medical Group Inc Retiree Health 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.
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What is the mission statement of Palo Alto Foundation Medical Group Inc Retiree Health Plan Trust?
The Palo Alto Foundation Medical Group Inc Retiree Health Plan Trust was established with the mission to offer post-retirement healthcare benefits to eligible employees of Palo Alto Foundation Medical Group, Inc. The primary objective of this trust is to ensure the well-being of retired employees by providing them with necessary medical care. The trust strives to uphold this commitment by adhering to the initial purpose for which it was established. The plan aims to provide a sense of security and peace of mind for its beneficiaries, enabling them to focus on their post-retirement life without worrying about healthcare expenses.
Who is the CEO of Palo Alto Foundation Medical Group Inc Retiree Health Plan Trust?
Dr Amy E Adams is the Principal Officer of Palo Alto Foundation Medical Group Inc Retiree Health Plan Trust.
What is the revenue of Palo Alto Foundation Medical Group Inc Retiree Health Plan Trust?
Palo Alto Foundation Medical Group Inc Retiree Health Plan Trust's revenue in 2022 was $631,504.
Who are the executives of Palo Alto Foundation Medical Group Inc Retiree Health Plan Trust and what are their salaries?
Here are 13 key members and their salaries:
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Where can I find the form 990 for Palo Alto Foundation Medical Group Inc Retiree Health Plan Trust?
Palo Alto Foundation Medical Group Inc Retiree Health Plan Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Palo Alto Foundation Medical Group Inc Retiree Health Plan Trust
The Palo Alto Foundation Medical Group Inc Retiree Health Plan Trust, as its mission dictates, was established with the primary objective of providing post-retirement healthcare benefits to eligible employees of Palo Alto Foundation Medical Group, Inc. This nonprofit organization is dedicated to ensuring the well-being of its retired members by offering comprehensive healthcare coverage, thereby alleviating some of the financial burdens associated with aging and retirement. The role of Palo Alto Foundation Medical Group Inc Retiree Health Plan Trust extends beyond offering healthcare benefits, as it aims to support the overall health and well-being of its eligible employees in their post-retirement years.
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Impact
October, 2024
Palo Alto Foundation Medical Group Inc Retiree Health Plan Trust plays a significant role in supporting the health and well-being of eligible retired employees by providing post-retirement healthcare benefits. By ensuring access to necessary medical care, the trust helps to alleviate financial burdens that often accompany healthcare costs after retirement. This support fosters greater security and peace of mind for retirees, enabling them to focus on enjoying their retirement years rather than worrying about healthcare expenses. Additionally, by enhancing the value of employee benefits, the trust contributes to overall employee satisfaction and retention during their active careers, promoting a positive workplace culture within the Palo Alto Foundation Medical Group. Implementing these benefits reflects a commitment to the long-term welfare of employees, strengthening community ties in Los Altos, CA, and beyond.
This information is meant to be a general summary of Palo Alto Foundation Medical Group Inc Retiree Health 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: $386,641
- Program Service Revenue: $244,863
- Gross Receipts: $6,186,199
Assets and Liabilities:
- Total Assets: $14,680,519
- Total Liabilities: $0
- Net Assets: $14,680,519
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$244,863
Organization Details
Founding Year
2008
Phone
(650) 691-6151Principal Officer
Dr Amy E Adams
Main Address
325 Distel Cir, LOS ALTOS, CA, 94022
NTEE Category
Code: Y43 - Mutual benefit
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