Overview
What is Board Of Education Of Montgomery County Employee Benefit Trust Fund?
The Board of Education of Montgomery County Employee Benefit Trust Fund is a nonprofit organization based in Rockville, Maryland, located at 45 W Gude Drive. With a significant employee base of 32,402 individuals, this trust fund offers healthcare coverage to eligible current employees, retirees, and their dependents. The comprehensive benefits package includes medical, dental, vision, prescription drug, and life insurance plans. The primary mission of this organization is to ensure affordable and accessible healthcare for its members, thus promoting overall well-being and peace of mind.
Official website here: www.montgomeryschoolsmd.org
Is Board Of Education Of Montgomery County Employee Benefit Trust Fund legitimate?
Board Of Education Of Montgomery County Employee Benefit Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Board Of Education Of Montgomery County Employee Benefit Trust Fund 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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Official website here: www.montgomeryschoolsmd.org
What is the mission statement of Board Of Education Of Montgomery County Employee Benefit Trust Fund?
The Montgomery County Board of Education Employee Benefits Plan (EBP) is committed to extending health benefits coverage to its eligible workforce, retirees, and their dependents. The comprehensive benefits package includes essential services such as medical, dental, vision, and prescription drug coverage, as well as life insurance. The primary objective of the EBP is to ensure the well-being of its members by providing them with access to vital healthcare services. Additionally, the EBP strives to support its members both during their active employment and beyond, ensuring continuity of coverage throughout their lives. By offering these benefits, the EBP aims to promote the overall health and well-being of its members and their families, enhancing their quality of life.
Official website here: www.montgomeryschoolsmd.org
Who is the CEO of Board Of Education Of Montgomery County Employee Benefit Trust Fund?
Daniel Kelley is the Trust of Board Of Education Of Montgomery County Employee Benefit Trust Fund.
Official website here: www.montgomeryschoolsmd.org
What is the revenue of Board Of Education Of Montgomery County Employee Benefit Trust Fund?
Board Of Education Of Montgomery County Employee Benefit Trust Fund's revenue in 2023 was $565,037,337.
Official website here: www.montgomeryschoolsmd.org
Who are the executives of Board Of Education Of Montgomery County Employee Benefit Trust Fund and what are their salaries?
There are 32402 employees at Board Of Education Of Montgomery County Employee Benefit Trust Fund.
Here are 2 key members and their salaries:
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Official website here: www.montgomeryschoolsmd.org
Where can I find the form 990 for Board Of Education Of Montgomery County Employee Benefit Trust Fund?
Board Of Education Of Montgomery County Employee Benefit Trust Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.montgomeryschoolsmd.org
Learn more at the official website: www.montgomeryschoolsmd.org
Mission Statement of Board Of Education Of Montgomery County Employee Benefit Trust Fund
The Board of Education of Montgomery County Employee Benefit Trust Fund, often referred to as EBP, is a mission-driven organization devoted to providing healthcare coverage to eligible current employees, retirees, and their dependents of the Montgomery County Board of Education. The comprehensive benefits package offered by EBP includes essential components such as medical, dental, vision, prescription drug, and life insurance coverage.
EBP's primary goal is to extend the reach of these crucial healthcare benefits to a diverse group of individuals. By doing so, the organization not only ensures that its beneficiaries can access quality healthcare services, but also helps them maintain their overall wellbeing. With healthcare coverage being an essential aspect of a secure and balanced life, EBP plays a vital role in enhancing the lives of those it serves.
In essence, the Board of Education of Montgomery County Employee Benefit Trust Fund acts as a safety net for its members. By offering reliable and inclusive healthcare benefits, the organization demonstrates its commitment to promoting health and vitality among its constituents. In a world where healthcare costs can often be a significant burden, EBP serves as a valuable resource, providing peace of mind and financial relief to those who rely on its services.
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Impact
October, 2024
The Board of Education of Montgomery County Employee Benefit Trust Fund significantly impacts the community by providing essential health benefits coverage to eligible current employees, retirees, and their dependents. This comprehensive Employee Benefits Plan (EBP) includes crucial medical, dental, vision, prescription drug, and life insurance benefits, ensuring that members have access to necessary healthcare services.
By offering these benefits, the Trust Fund plays a vital role in enhancing the well-being of individuals within the Montgomery County education system. It supports employee retention and recruitment by making the educational workforce more attractive to prospective hires. Additionally, the plan promotes financial security for retirees and their families, allowing them to focus on health and quality of life during their retirement years.
Furthermore, the provision of these health benefits contributes to the overall stability of the community by ensuring that educators and their families have access to healthcare resources. This, in turn, can enhance employee morale and productivity, leading to better educational outcomes for students within the Montgomery County school system. Ultimately, the Board of Education of Montgomery County Employee Benefit Trust Fund facilitates a healthier, more secure environment for both educational professionals and the broader community they serve.
This information is meant to be a general summary of Board Of Education Of Montgomery County Employee Benefit Trust Fund. 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.
- Investment Income: $1,800,646
- Program Service Revenue: $563,236,691
- Gross Receipts: $565,037,337
Assets and Liabilities:
- Total Assets: $54,331,548
- Total Liabilities: $54,935,636
- Net Assets: -$604,088
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Healthcare Coverage
Revenue
$563,236,691
Organization Details
Founding Year
1958
Phone
(240) 740-7499Principal Officer
Daniel Kelley
Main Address
45 W Gude Drive, Rockville, MD, 20850
Website
www.montgomeryschoolsmd.orgNTEE Category
Code: Y40 - Mutual benefit
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