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Johns Hopkins University Retiree Medical Benefits Trust

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

EIN: 526644093 ✦ Baltimore, MD ✦ Designated as a 501(c)(3)

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Overview

What is Johns Hopkins University Retiree Medical Benefits Trust?

Johns Hopkins University Retiree Medical Benefits Trust is a nonprofit organization situated in Baltimore, Maryland, specifically at 3910 Keswick Road N4327B. Its primary objective is to aid Johns Hopkins University in fulfilling its responsibility under the Johns Hopkins University Retiree Medical Benefits Plan and the Applied Physics Laboratory Retiree Medical Benefits Plan. This is achieved by covering post-retirement medical benefits expenses. The trust operates with the purpose of supporting and promoting the university's objectives, philosophies, and best interests.

Is Johns Hopkins University Retiree Medical Benefits Trust legitimate?

Johns Hopkins University Retiree Medical Benefits Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Johns Hopkins University Retiree Medical Benefits 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 Johns Hopkins University Retiree Medical Benefits Trust?

The Johns Hopkins University Retiree Medical Benefits Trust is committed to supporting and promoting the objectives, philosophies, and best interests of Johns Hopkins University. This is achieved by assisting the university in fulfilling its obligations under the Johns Hopkins University Retiree Medical Benefits Plan and the Applied Physics Laboratory Retiree Medical Benefits Plan. Specifically, the trust pays post-retirement medical benefits obligations.

Who is the CEO of Johns Hopkins University Retiree Medical Benefits Trust?

Laurent Heller is the Principal Officer of Johns Hopkins University Retiree Medical Benefits Trust.

What is the revenue of Johns Hopkins University Retiree Medical Benefits Trust?

Johns Hopkins University Retiree Medical Benefits Trust's revenue in 2022 was -$2,214,782.

Who are the executives of Johns Hopkins University Retiree Medical Benefits Trust and what are their salaries?


There is 1 key member and their salary:


Johns Hopkins University (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Johns Hopkins University Retiree Medical Benefits Trust?

Johns Hopkins University Retiree Medical Benefits Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Johns Hopkins University Retiree Medical Benefits Trust

Johns Hopkins University Retiree Medical Benefits Trust, in its mission, aims to uphold and advocate for the objectives, philosophies, and best interests of Johns Hopkins University. Specifically, this organization's primary role is to contribute to Johns Hopkins University's fulfillment of its commitments under the Johns Hopkins University Retiree Medical Benefits Plan and the Applied Physics Laboratory Retiree Medical Benefits Plan. This is accomplished by assuming financial responsibilities for post-retirement medical benefits, thereby ensuring the well-being of retired university employees. The Trust's purpose is to provide essential support and promotion that aligns with the university's overall vision and welfare.

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Impact




October, 2024

The Johns Hopkins University Retiree Medical Benefits Trust plays a crucial role in ensuring the well-being of retirees from Johns Hopkins University and the Applied Physics Laboratory. By fulfilling its obligations under the retiree medical benefits plans, the Trust effectively supports the institution's broader mission and commitment to its retired members.

Through its financial management and disbursements for post-retirement medical benefits, the Trust helps alleviate the burden of healthcare costs for retirees, allowing them to maintain their health and quality of life after their careers have ended. This not only reinforces the university's dedication to its former employees but also enhances the overall reputation of Johns Hopkins as an institution that values and cares for all its community members, both current and retired.

Moreover, by ensuring that these benefits are reliably funded, the Trust provides retirees with peace of mind and financial security, fostering a sense of loyalty and connection to the university long after they have left their professional roles. In this way, the Trust reinforces the university's objectives and philosophies while contributing positively to the long-term relationship it maintains with its retirees.




This information is meant to be a general summary of Johns Hopkins University Retiree Medical Benefits 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
-$2,214,782 (2022)
Expenses
$9,389,894 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$2,214,782
  • Gross Receipts: $237,656,910

Assets and Liabilities:

  • Total Assets: $312,303,761
  • Total Liabilities: $0
  • Net Assets: $312,303,761

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Organization Details

Founding Year

1993

Principal Officer

Laurent Heller

Main Address

3910 KESWICK ROAD N4327B, BALTIMORE, MD, 21211

NTEE Category

Code: B110 - Education

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