Overview
What is San Diego City Employees Retiree Medical Trust?
The San Diego City Employees Retiree Medical Trust is a nonprofit trust based in Spokane, Washington, specifically located at 221 N WALL STREET SUITE 201. Its mission is to manage and administer employee welfare benefits for approximately 2,700 participants and their dependents. The trust acts as a conduit for contributions from the city and contributing employees, enabling the trustees to create and manage one or more welfare benefit plans tailored for the participants and their beneficiaries.
Is San Diego City Employees Retiree Medical Trust legitimate?
San Diego City Employees Retiree Medical Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. San Diego City Employees 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
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What is the mission statement of San Diego City Employees Retiree Medical Trust?
The San Diego City Employees Retiree Medical Trust serves as a platform for contributions from the city and participating employees, enabling the trustees to establish and manage one or more welfare benefit plans for the benefit of the participants and their dependents. With a membership of approximately 2,702 individuals as of March 31, 2023, the trust focuses on providing essential welfare benefits to ensure the well-being of its members. By creating and administering these plans, the trust aims to offer vital healthcare and related services to enhance the quality of life for its participants.
Who is the CEO of San Diego City Employees Retiree Medical Trust?
Debra Bevier is the Secretary of San Diego City Employees Retiree Medical Trust.
What is the revenue of San Diego City Employees Retiree Medical Trust?
San Diego City Employees Retiree Medical Trust's revenue in 2023 was $21,277,116.
Who are the executives of San Diego City Employees Retiree Medical Trust and what are their salaries?
There 5 volunteers at San Diego City Employees Retiree Medical Trust.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $288,013
- Other: $39,959
- Compensation: $0
- Related: $163,885
- Other: $23,440
- Compensation: $0
- Related: $101,949
- Other: $17,331
- Compensation: $0
- Related: $80,774
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for San Diego City Employees Retiree Medical Trust?
San Diego City Employees Retiree Medical Trust's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of San Diego City Employees Retiree Medical Trust
The San Diego City Employees Retiree Medical Trust is a vital organization that focuses on providing employee welfare benefits for its participants and their covered dependents. Established as a trust, it serves as a conduit for contributions from the city and participating employees. The Trustees utilize these funds to create and manage one or more employee welfare benefit plans for the beneficiaries.
The San Diego City Employees Retiree Medical Trust plays a crucial role in ensuring the well-being of its 2,702 participants as of March 31, 2023. By administering a welfare benefit plan, the Trust provides essential services to its members, ensuring they have access to the necessary healthcare and related benefits. The Trust's mission is to act as a trusted intermediary, managing contributions and using them to enhance the quality of life for its participants.
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Impact
October, 2024
San Diego City Employees Retiree Medical Trust plays a crucial role in providing employee welfare benefits, ensuring that participants and their covered dependents have access to essential health resources. By administering a welfare benefit plan, the Trust supports a community of 2,702 participants as of March 31, 2023, helping them navigate healthcare needs during retirement.
The Trust facilitates contributions from both the city and participating employees, creating a structured vehicle for funding and managing benefit plans. This systematic approach allows the trustees to design comprehensive employee welfare programs tailored to the unique needs of retirees and their beneficiaries. Ultimately, the Trust enhances the quality of life for its members, providing a safety net that contributes to their overall well-being and security in retirement.
This information is meant to be a general summary of San Diego City Employees 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $3,933,210
- Program Service Revenue: $17,343,906
- Gross Receipts: $95,427,952
Assets and Liabilities:
- Total Assets: $240,422,787
- Total Liabilities: $22,197
- Net Assets: $240,400,590
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$17,343,906
Organization Details
Founding Year
2011
Phone
(509) 822-3624Principal Officer
Debra Bevier
Main Address
221 N WALL STREET SUITE 201, SPOKANE, WA, 99201
NTEE Category
Code: Y20 - Mutual benefit
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