Milenia Health Benefit Trust

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

EIN: 477100156 ✦ Brooklyn, NY ✦ Designated as a 501(c)(9)

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Overview

What is Milenia Health Benefit Trust?

Milenia Health Benefit Trust is a nonprofit organization, specifically a health benefit trust, situated in Brooklyn, New York. Its primary mission is to manage and preserve the assets associated with a health benefit plan named Milenia Health Benefit Trust. This organization is dedicated to providing health and insurance benefits for the employees and their dependents of various participating companies. By maintaining the trust's assets, Milenia Health Benefit Trust plays a crucial role in ensuring that beneficiaries have access to necessary healthcare coverage.

Is Milenia Health Benefit Trust legitimate?

Milenia Health Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Milenia Health Benefit 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

For more financial information, click here

What is the mission statement of Milenia Health Benefit Trust?

The Milenia Health Benefit Trust's mission is centered around maintaining the assets associated with the health benefit plan known by the same name. This organization is committed to providing and managing health and insurance benefits for the employees and their dependents of various participating companies. Its primary goal is to ensure the financial stability and continuity of the health benefit plan, thereby providing essential coverage to those who rely on it.

Who is the CEO of Milenia Health Benefit Trust?

Samuel Schlesinger is the Trustee of Milenia Health Benefit Trust.

What is the revenue of Milenia Health Benefit Trust?

Milenia Health Benefit Trust's revenue in 2023 was $2,549,429.

Who are the executives of Milenia Health Benefit Trust and what are their salaries?


Here are 2 key members and their salaries:


Samuel Schlesinger (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Mittelman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Milenia Health Benefit Trust?

Milenia Health Benefit Trust's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Milenia Health Benefit Trust

Milenia Health Benefit Trust, as its mission statement suggests, is primarily focused on preserving the assets associated with the health benefit plan known by the same name. This trust's primary goal is to ensure the continued provision of health and insurance benefits for the employees and their dependents of various participating companies. By maintaining the assets of the health benefit plan, Milenia Health Benefit Trust plays a crucial role in safeguarding the financial well-being of its beneficiaries, ensuring they have access to necessary healthcare services when needed. The trust's mission is a testament to its commitment to providing essential health benefits, thereby contributing positively to the overall well-being and quality of life for the individuals it serves.

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Impact




October, 2024

Milenia Health Benefit Trust significantly impacts the well-being of employees and their dependents through its commitment to maintaining the assets of its health benefit plan. By ensuring that health and insurance benefits are effectively managed and funded, it provides financial support that enhances access to vital medical services, fostering a healthier workforce.

This trust plays a critical role in alleviating the financial burden of healthcare costs for various participating companies, empowering employees with the reassurance that they and their families will have access to essential health services. The focus on mutual benefit not only promotes individual health but also strengthens organizational productivity by reducing absenteeism and improving overall employee satisfaction.

By operating out of Brooklyn, NY, Milenia Health Benefit Trust contributes to the broader community by reinforcing a culture of care and support among workers, making it a vital resource for enhancing the quality of life within the workforce it serves.




This information is meant to be a general summary of Milenia Health Benefit 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.

Revenue
$2,549,429 (2023)
Expenses
$6,240,064 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $2,549,429
  • Gross Receipts: $2,549,429

Assets and Liabilities:

  • Total Assets: $2,175,046
  • Total Liabilities: $1,369,683
  • Net Assets: $805,363

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Programs

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

Employee Contributions

Revenue

$533,644

Employer Contributions

Revenue

$2,015,785

Organization Details

Founding Year

2015

Principal Officer

Samuel Schlesinger

Main Address

202 Caton Ave, Brooklyn, NY, 11218

NTEE Category

Code: Y43 - Mutual benefit

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