Overview
What is Trust For The County Of Harford Maryland Post Employment Health Plan?
The Trust for the County of Harford Maryland Post Employment Health Plan is a nonprofit organization dedicated to assisting public sector employees from state and local governments, as well as their political subdivisions, in managing their post-employment medical expenses. By accumulating employer contributions, the Trust offers reimbursement for eligible health insurance premiums and other medical expenses for individuals who have left their respective employers. In 2021, the Trust paid out $456,206 in medical insurance premiums on behalf of eligible participants. The Trust's expenses for the plan year totaled $83,232.
Is Trust For The County Of Harford Maryland Post Employment Health Plan legitimate?
Trust For The County Of Harford Maryland Post Employment Health Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Trust For The County Of Harford Maryland Post Employment Health Plan 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 Trust For The County Of Harford Maryland Post Employment Health Plan?
The Trust for the County of Harford Maryland's Post Employment Health Plan is established with a mission to offer a solution for public sector employees from state and local governments, as well as their political subdivisions, to manage post-employment medical expenses. The Trust accumulates employer contributions to cover health insurance and other eligible medical costs for participants who leave their respective employment. This plan aims to provide financial assistance and ensure continued medical care for these individuals after their employment ends.
Who is the CEO of Trust For The County Of Harford Maryland Post Employment Health Plan?
Paula Miller is the Chief Trust Officer of Trust For The County Of Harford Maryland Post Employment Health Plan.
What is the revenue of Trust For The County Of Harford Maryland Post Employment Health Plan?
Trust For The County Of Harford Maryland Post Employment Health Plan's revenue in 2021 was $3,993,844.
Who are the executives of Trust For The County Of Harford Maryland Post Employment Health Plan and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Trust For The County Of Harford Maryland Post Employment Health Plan?
Trust For The County Of Harford Maryland Post Employment Health Plan's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Trust For The County Of Harford Maryland Post Employment Health Plan
The Trust for the County of Harford Maryland Post Employment Health Plan is a mission-driven organization aimed at addressing the post-employment medical expenses of public sector employees. This nonprofit entity accumulates employer contributions, which are then utilized to reimburse health insurance and other eligible medical expenses for participants who have separated from their respective employers. By providing this service, the Trust for the County of Harford Maryland Post Employment Health Plan serves as a vital support system for public employees, ensuring they can continue to access necessary medical care even after leaving their jobs. This proactive approach to post-employment healthcare helps maintain the well-being of these employees, thereby contributing to a healthier and more secure community.
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Impact
October, 2024
The Trust For The County Of Harford Maryland Post Employment Health Plan significantly impacts public sector employees by providing financial relief for medical expenses after they terminate their service. It offers a structured means for these employees to manage their healthcare costs through reimbursement for eligible medical expenses, including health insurance premiums.
In 2021, the Trust facilitated over $456,000 in medical insurance premiums for eligible participants, demonstrating its commitment to supporting former public employees during their transition to retirement or other forms of employment. Additionally, the operational costs of the Trust, which totaled $83,232, indicate a well-managed financial strategy that prioritizes the well-being of its beneficiaries.
This initiative not only alleviates the financial burden associated with healthcare but also fosters a sense of security among employees, knowing they have support in managing post-employment medical expenses. Ultimately, the Trust serves as an essential resource for those who have dedicated their careers to public service, ensuring their health needs are addressed even after their employment ends.
This information is meant to be a general summary of Trust For The County Of Harford Maryland Post Employment Health Plan. 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 2021.
- Program Service Revenue: $3,993,844
- Gross Receipts: $3,993,844
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$3,993,844
Organization Details
Founding Year
2012
Principal Officer
Paula Miller
Main Address
One Nationwide Plaza Suite 5-1-105X, Columbus, OH, 432152220
NTEE Category
Code: Y20 - Mutual benefit
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