Trust Agreement Of The Retiree Medical Plan Of The Plumbers

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

EIN: 465193231 ✦ Chicago, IL ✦ Designated as a 501(c)(9)

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Overview

What is Trust Agreement Of The Retiree Medical Plan Of The Plumbers?

The Trust Agreement of the Retiree Medical Plan of the Plumbers is a nonprofit organization headquartered in Chicago, Illinois (Address: 1340 W WASHINGTON BLVD, City: Chicago, State: IL, ZIP: 60607). Its primary mission is to offer medical, dental, vision, and prescription drug benefits to eligible participants and their dependents, focusing specifically on retired individuals (Description: "to provide health benefits to retired participants"). The organization's activity or mission is geared towards ensuring the wellbeing of retirees by providing essential health benefits.


Official website here: www.plumberslu130ua.org

Is Trust Agreement Of The Retiree Medical Plan Of The Plumbers legitimate?

Trust Agreement Of The Retiree Medical Plan Of The Plumbers is a legitimate nonprofit organization registered as a 501(c)(9) entity. Trust Agreement Of The Retiree Medical Plan Of The Plumbers 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: $49,287
Professional Fundraising Fees: $0
Other Salaries and Wages: $144,578

For more financial information, click here


Official website here: www.plumberslu130ua.org

What is the mission statement of Trust Agreement Of The Retiree Medical Plan Of The Plumbers?

The Trust Agreement of the Retiree Medical Plan of the Plumbers is dedicated to extending health benefits to eligible retirees and their dependents. In essence, this entity prioritizes the wellbeing of retired participants by offering medical, dental, vision, and prescription drug coverage. The primary objective is to ensure that retirees continue to have access to essential healthcare services post-employment. By providing these benefits, the Trust Agreement aims to enhance the overall quality of life for the retirees, enabling them to focus on their health and wellbeing in their retirement years. The organization's commitment extends beyond mere benefits, as it strives to create a comprehensive healthcare support system tailored to the unique needs of its members.


Official website here: www.plumberslu130ua.org

Who is the CEO of Trust Agreement Of The Retiree Medical Plan Of The Plumbers?

James F Coyne is the Labor Co-Chairman of Trust Agreement Of The Retiree Medical Plan Of The Plumbers.


Official website here: www.plumberslu130ua.org

What is the revenue of Trust Agreement Of The Retiree Medical Plan Of The Plumbers?

Trust Agreement Of The Retiree Medical Plan Of The Plumbers's revenue in 2022 was $16,041,770.


Official website here: www.plumberslu130ua.org

Who are the executives of Trust Agreement Of The Retiree Medical Plan Of The Plumbers and what are their salaries?


Here are 17 key members and their salaries:


James Coyne (Labor Co-Chairman)
  • Compensation: $0
  • Related: $335,932
  • Other: $26,013
David Ariano (Management Co-Chairman - Past)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Turnquist (Labor Trustee)
  • Compensation: $0
  • Related: $236,902
  • Other: $161,482
John Hosty (Labor Trustee)
  • Compensation: $0
  • Related: $165,180
  • Other: $104,747
Jim Mansfield (Labor Trustee)
  • Compensation: $0
  • Related: $164,609
  • Other: $232,556
Michael Shea (Labor Trustee)
  • Compensation: $0
  • Related: $165,835
  • Other: $164,779
Michael Falk (Management Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James O'Sullivan (Mgmt Co-Chairman - New / Mgmt Trustee - Past)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Bruckner (Management Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Aleck (Management Trustee - New)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sj Peters (Management Trustee - Alternate)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Bali (Management Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bart Holzhauser (Labor Trustee - Alternate)
  • Compensation: $0
  • Related: $164,326
  • Other: $120,234
Joseph Mondia (Labor Trustee)
  • Compensation: $0
  • Related: $161,918
  • Other: $124,275
Kelly Castrogiovanni (Management Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Ohm (Fund Administrator)
  • Compensation: $0
  • Related: $279,639
  • Other: $59,013
Anthony Rottman (Field Representative)
  • Compensation: $0
  • Related: $154,364
  • Other: $51,140


Official website here: www.plumberslu130ua.org

Where can I find the form 990 for Trust Agreement Of The Retiree Medical Plan Of The Plumbers?

Trust Agreement Of The Retiree Medical Plan Of The Plumbers's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.plumberslu130ua.org

Learn more at the official website: www.plumberslu130ua.org

Mission Statement of Trust Agreement Of The Retiree Medical Plan Of The Plumbers

The Trust Agreement of the Retiree Medical Plan of the Plumbers, referred to as the Trust, is a mission-driven organization dedicated to extending health benefits to retired participants. In simple terms, this nonprofit aims to ensure that eligible retirees and their dependents have access to essential medical, dental, vision, and prescription drug coverage.

The Trust's primary objective is to provide comprehensive health benefits to those who have dedicated their careers to the plumbing industry. By offering these benefits, the organization helps retirees maintain their wellbeing and continue living healthy, dignified lives. The Trust's commitment extends beyond medical care, as it strives to provide its members with peace of mind and financial security during their retirement years.

The Trust's scope of services encompasses various aspects of healthcare. It offers medical benefits, which include doctor visits, hospitalization, and diagnostic tests. Dental coverage is another essential component, ensuring that retirees have access to regular check-ups, cleanings, and necessary treatments. The Trust also provides vision benefits, enabling retirees to maintain their eye health and overall visual acuity. Lastly, the organization offers prescription drug benefits, ensuring that retirees have access to the medications they need to manage chronic conditions or maintain their overall health.

In summary, the Trust Agreement of the Retiree Medical Plan of the Plumbers is a nonprofit organization committed to enhancing the quality of life for retired participants by providing them with essential health benefits. Through its comprehensive coverage, the Trust allows retirees to focus on their wellbeing and enjoy their retirement years with peace of mind.

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Impact




October, 2024

The Trust Agreement of the Retiree Medical Plan of the Plumbers plays a significant role in providing essential health benefits to retired participants and their dependents. This initiative ensures that eligible retirees have access to crucial medical, dental, vision, and prescription drug benefits.

By facilitating comprehensive healthcare coverage, the plan alleviates financial burdens often associated with healthcare costs in retirement, allowing retirees to maintain a higher quality of life. The benefits provided can significantly reduce out-of-pocket expenses for medical care, prescription drugs, and other health-related services.

Moreover, the trust fosters a sense of security and peace of mind among the retirees, knowing that they have structured support in their post-employment years. This kind of support also contributes to the overall well-being of retired participants, positively impacting their mental and physical health.

In summary, the Trust Agreement of the Retiree Medical Plan of the Plumbers is crucial in safeguarding the health and financial stability of retirees, enhancing their ability to navigate the complexities of healthcare in retirement.




This information is meant to be a general summary of Trust Agreement Of The Retiree Medical Plan Of The Plumbers. 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
$16,041,770 (2022)
Expenses
$16,077,169 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,061,876
  • Program Service Revenue: $12,979,459
  • Gross Receipts: $41,014,127

Assets and Liabilities:

  • Total Assets: $65,796,752
  • Total Liabilities: $141,619
  • Net Assets: $65,655,133

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Programs

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

CONTRACTOR CONTRIBUTIONS

Revenue

$9,956,147

PARTICIPANT CONTRIBUTIONS

Revenue

$3,023,312

Organization Details

Founding Year

2014

Principal Officer

James F Coyne

Main Address

1340 W WASHINGTON BLVD, CHICAGO, IL, 60607

NTEE Category

Code: Y43 - Mutual benefit

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