Overview
What is The Railroad Employees National Early Retirement Major Medical Benefit Plan?
The Railroad Employees National Early Retirement Major Medical Benefit Plan is a nonprofit organization dedicated to delivering health and related benefits to eligible participants and their beneficiaries, according to their collective bargaining agreements. This organization's primary mission is providing employee welfare benefits. It offers essential coverage and assistance to enhance the well-being of those it serves.
What are the reviews and ratings of this charity?
The Railroad Employees National Early Retirement Major Medical Benefit Plan is not currently rated by Charity Navigator. The absence of a rating is not indicative of a positive or negative evaluation, but rather a reflection of the organization's unique foundation status. Since it is not registered as a 501(c)(3) nonprofit with the IRS, several evaluative components such as Impact & Measurement, and Culture & Community, cannot be assessed.
While Charity Navigator provides historical ratings for some organizations, this particular nonprofit lacks available data on revenue, expenses, and the salaries of key personnel. This absence of financial information makes a comprehensive evaluation based on Accountability & Finance challenging. The organization is classified as independent, but specific insights into its financial operations or impact are limited due to its IRS classification.
Without user reviews from GreatNonprofits, it's difficult to gauge public sentiment or gather qualitative feedback about the organization's impact or functioning. This restricts the ability to provide a well-rounded assessment of the nonprofit's effectiveness or community engagement.
This AI summary has been generated from information found on Charity Navigator.
Is The Railroad Employees National Early Retirement Major Medical Benefit Plan legitimate?
The Railroad Employees National Early Retirement Major Medical Benefit Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. The Railroad Employees National Early Retirement Major Medical Benefit 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 The Railroad Employees National Early Retirement Major Medical Benefit Plan?
The Railroad Employees National Early Retirement Major Medical Benefit Plan is dedicated to delivering welfare benefits to eligible individuals as outlined in collective bargaining agreements. Its primary mission is to provide health and related benefits to participants and their dependents. By offering these essential services, the organization aims to enhance the overall wellbeing of those it serves. The benefits package covers various health-related needs, ensuring participants can access vital medical care when required. Overall, the Railroad Employees National Early Retirement Major Medical Benefit Plan is committed to improving the quality of life for its members by addressing their healthcare needs.
Who is the CEO of The Railroad Employees National Early Retirement Major Medical Benefit Plan?
Brendan Branon is the Nccc Chairman of The Railroad Employees National Early Retirement Major Medical Benefit Plan.
What is the revenue of The Railroad Employees National Early Retirement Major Medical Benefit Plan?
The Railroad Employees National Early Retirement Major Medical Benefit Plan's revenue in 2022 was $93,339,182.
Who are the executives of The Railroad Employees National Early Retirement Major Medical Benefit Plan and what are their salaries?
Here are 8 key members and their salaries:
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- Related: $1,009,477
- Other: $90,346
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Where can I find the form 990 for The Railroad Employees National Early Retirement Major Medical Benefit Plan?
The Railroad Employees National Early Retirement Major Medical Benefit Plan's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Railroad Employees National Early Retirement Major Medical Benefit Plan
The Railroad Employees National Early Retirement Major Medical Benefit Plan, or RENMMBP, is a mission-driven organization committed to delivering welfare benefits to eligible participants and their beneficiaries, as outlined in collective bargaining agreements. This nonprofit entity prioritizes the health and well-being of its members by providing comprehensive health and related benefits.
In simple terms, RENMMBP serves as a safety net for its members, ensuring they have access to essential medical services and resources throughout their retirement years. The benefits provided by this organization extend beyond just healthcare, encompassing a range of services designed to enhance the overall quality of life for its participants.
The Railroad Employees National Early Retirement Major Medical Benefit Plan's dedication to its mission is unwavering. By offering health and related benefits, it enables its members to focus on their well-being and enjoy their retirement years with peace of mind. The organization's commitment to its members is an essential aspect of the collective bargaining agreements it upholds.
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Impact
October, 2024
The Railroad Employees National Early Retirement Major Medical Benefit Plan significantly impacts the health and well-being of eligible railroad employees and their beneficiaries by providing essential health and related benefits. By fulfilling the provisions of collective bargaining agreements, the plan offers financial support and access to healthcare resources, which are crucial for retirees transitioning from active employment to retirement. This helps alleviate the financial burden associated with medical expenses, ensuring that participants can maintain their health and quality of life in their later years. The availability of comprehensive medical benefits fosters a sense of security among current employees, contributing to overall workforce morale and retention in the railroad industry. Additionally, by addressing the specific needs of retirees, the plan promotes a culture of mutual benefit and care within the railroad community.
This information is meant to be a general summary of The Railroad Employees National Early Retirement Major Medical Benefit 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 2022.
- Investment Income: $451,205
- Program Service Revenue: $92,853,275
- Gross Receipts: $93,339,182
Assets and Liabilities:
- Total Assets: $38,251,441
- Total Liabilities: $573,517
- Net Assets: $37,677,924
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$86,037,366
COBRA CONTRIBUTIONS
Revenue
$6,815,909
Organization Details
Founding Year
1978
Phone
(571) 336-7600Principal Officer
Brendan Branon
Main Address
251 - 18TH STREET SOUTH Suite 750, ARLINGTON, VA, 22202
NTEE Category
Code: Y40 - Mutual benefit
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