Intel Retiree Medical Plan Trust For Key Employees

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

EIN: 456292093 ✦ Santa clara, CA ✦ Designated as a 501(c)(9)

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Overview

What is Intel Retiree Medical Plan Trust For Key Employees?

Intel Retiree Medical Plan Trust For Key Employees is a nonprofit organization, established by Intel Corporation in 2010, with a primary mission to offer medical benefits for eligible retired key employees and their dependent family members residing in the United States. The trust, located in Santa Clara, California, provides health coverage as a means of supporting these retirees and their families post-employment. The trust's activities revolve around ensuring eligible retirees have access to essential medical care, thereby contributing positively to their well-being in their retirement years.


Official website here: www.intel.com

Is Intel Retiree Medical Plan Trust For Key Employees legitimate?

Intel Retiree Medical Plan Trust For Key Employees is a legitimate nonprofit organization registered as a 501(c)(9) entity. Intel Retiree Medical Plan Trust For Key Employees 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


Official website here: www.intel.com

What is the mission statement of Intel Retiree Medical Plan Trust For Key Employees?

The Intel Retiree Medical Plan Trust For Key Employees, established in 2010 by Intel Corporation, is committed to providing medical benefits. Its primary mission is to extend healthcare coverage to eligible retired key employees and their dependent family members within the United States. The trust aims to ensure the continued well-being of these individuals by offering essential medical benefits. It serves as a vital resource, providing a safety net for these retired employees during their post-career years. The trust's activities are focused on delivering and maintaining medical benefits that cater to the health needs of its beneficiaries.


Official website here: www.intel.com

Who is the CEO of Intel Retiree Medical Plan Trust For Key Employees?

Clara Wong is the Trustee of Intel Retiree Medical Plan Trust For Key Employees.


Official website here: www.intel.com

What is the revenue of Intel Retiree Medical Plan Trust For Key Employees?

Intel Retiree Medical Plan Trust For Key Employees's revenue in 2022 was $1,581,491.


Official website here: www.intel.com

Who are the executives of Intel Retiree Medical Plan Trust For Key Employees and what are their salaries?


There is 1 key member and their salary:


The Bank Of New York Mellon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.intel.com

Where can I find the form 990 for Intel Retiree Medical Plan Trust For Key Employees?

Intel Retiree Medical Plan Trust For Key Employees's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.intel.com

Learn more at the official website: www.intel.com

Mission Statement of Intel Retiree Medical Plan Trust For Key Employees

Intel Retiree Medical Plan Trust For Key Employees, established in 2010 by Intel Corporation, is committed to providing medical benefits. This nonprofit organization's mission is to extend healthcare coverage to eligible retired key employees and their dependent family members within the United States. The trust aims to ensure that these retirees continue to have access to essential medical services, thereby maintaining their well-being in their post-employment years.

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Impact




October, 2024

The Intel Retiree Medical Plan Trust for Key Employees plays a crucial role in providing health coverage for retired key employees of Intel Corporation and their eligible dependents. Established on December 15, 2010, the plan ensures that these individuals have access to necessary medical benefits, thereby supporting their health and well-being in retirement.

By offering medical benefits, the trust contributes to a sense of security and stability for retirees, allowing them to manage healthcare expenses more effectively. This support enables retired employees to focus on their post-career life without the added stress of significant healthcare costs, fostering a positive transition into retirement.

Furthermore, the trust reinforces Intel Corporation's commitment to its workforce, demonstrating an investment in the long-term welfare of its key employees. This benefit not only strengthens employee morale and loyalty but also enhances the company’s reputation as a responsible employer that cares for its former staff. Overall, the Intel Retiree Medical Plan Trust significantly impacts the lives of retired employees by ensuring access to essential medical coverage.




This information is meant to be a general summary of Intel Retiree Medical Plan Trust For Key Employees. 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
$1,581,491 (2022)
Expenses
$1,431,365 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,743
  • Program Service Revenue: $1,577,748
  • Gross Receipts: $1,581,491

Assets and Liabilities:

  • Total Assets: $482,763
  • Total Liabilities: $18,001
  • Net Assets: $464,762

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

EMPLOYEE CONTRIBUTION

Revenue

$977,748

EMPLOYER CONTRIBUTION

Revenue

$600,000

Organization Details

Founding Year

2010

Principal Officer

Clara Wong

Main Address

2200 MISSION COLLEGE BVLD RNB-6-9, SANTA CLARA, CA, 95054

NTEE Category

Code: Y43 - Mutual benefit

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