Overview
What is Brethren Medical Plan Inc?
Brethren Medical Plan Inc, situated undisclosed, is a nonprofit organization that plays a vital role in managing healthcare expenses. Their primary function is to facilitate health care cost-sharing, acting as an intermediary in the financing of medical treatments. This approach enables them to contribute to the overall reduction of health care costs for individuals and families.
Is Brethren Medical Plan Inc legitimate?
Brethren Medical Plan Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brethren Medical Plan Inc 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 Brethren Medical Plan Inc?
Brethren Medical Plan Inc serves as a health care financing organization, primarily focusing on facilitating health care cost-sharing. Their mission, in essence, is to support individuals in managing their medical expenses through this cost-sharing mechanism. By doing so, they aim to provide an alternative approach to traditional health insurance. The organization operates with the goal of making healthcare more affordable and accessible for its members. It should be noted that Brethren Medical Plan Inc does not function as a traditional health insurance provider, but rather as a platform for cost-sharing among its members.
Who is the CEO of Brethren Medical Plan Inc?
Eldon Hochstetler is the Ceo of Brethren Medical Plan Inc. The CEO's salary of Brethren Medical Plan Inc is $0 and their total compensation is $0.
What is the revenue of Brethren Medical Plan Inc?
Brethren Medical Plan Inc's revenue in 2023 was $0.
Who are the executives of Brethren Medical Plan Inc and what are their salaries?
Here are 2 key members and their salaries (Brethren Medical Plan Inc's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Brethren Medical Plan Inc?
Brethren Medical Plan Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Brethren Medical Plan Inc
Brethren Medical Plan Inc, as a health care cost-sharing organization, plays a crucial role in facilitating the financing of medical expenses for its members. The nonprofit's mission is centered around this function, operating as a health care financing entity. By facilitating health care cost-sharing, Brethren Medical Plan Inc provides an alternative approach to traditional health insurance, allowing its members to share the financial burden of medical expenses collectively. This mission is instrumental in ensuring that individuals and families can afford necessary medical care, thereby promoting overall health and well-being.
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Impact
October, 2024
Brethren Medical Plan Inc significantly impacts the healthcare landscape by facilitating health care cost-sharing among its members. By providing a framework for individuals and families to share healthcare expenses, it helps to alleviate the financial burden associated with medical costs. This organization functions as a health care financing entity based in Madison, VA, allowing members to contribute towards shared healthcare needs, thus promoting affordability and access to necessary medical services. Through its mission, Brethren Medical Plan fosters a community-oriented approach to health care, enabling members to support one another during times of medical need while creating a sustainable financial model for healthcare expenses.
This information is meant to be a general summary of Brethren Medical Plan Inc. 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.
Assets and Liabilities:
- Total Assets: $24,382
- Total Liabilities: $0
- Net Assets: $24,382
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Organization Details
Founding Year
2013
Phone
(540) 738-2640Principal Officer
Eldon Hochstetler
Main Address
P O BOX 343, MADISON, VA, 22727
NTEE Category
Code: E80 - Health
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