Ntca Regional Retiree Medical Funding Trust I C/O Nat'L Telecommun Coop Assoc

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

EIN: 526737391 ✦ Arlington, VA ✦ Designated as a 501(c)(9)

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Overview

What is Ntca Regional Retiree Medical Funding Trust I C/O Nat'L Telecommun Coop Assoc?

Ntca Regional Retiree Medical Funding Trust I C/O Nat'L Telecommun Coop Assoc is a nonprofit organization, specifically a funding vehicle, established to aid certain telecommunication company systems domiciled in North Carolina, South Carolina, and Tennessee. Its mission is to provide these members with a means to meet their liabilities for sickness, accident, and other welfare benefits for eligible current and former employees upon retirement. The trust serves as an adequate funding mechanism, assisting its member companies in meeting their retirement benefit obligations. In simpler terms, Ntca Regional Retiree Medical Funding Trust I C/O Nat'L Telecommun Coop Assoc is a specialized fund designed to support telecommunication companies based in specific states. Its purpose is to help these companies finance and provide healthcare and other retirement benefits to their eligible employees.

Is Ntca Regional Retiree Medical Funding Trust I C/O Nat'L Telecommun Coop Assoc legitimate?

Ntca Regional Retiree Medical Funding Trust I C/O Nat'L Telecommun Coop Assoc is a legitimate nonprofit organization registered as a 501(c)(9) entity. Ntca Regional Retiree Medical Funding Trust I C/O Nat'L Telecommun Coop Assoc 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 Ntca Regional Retiree Medical Funding Trust I C/O Nat'L Telecommun Coop Assoc?

The Ntca Regional Retiree Medical Funding Trust I, which is overseen by the National Telecommunications Cooperative Association, serves as an adequate funding vehicle for its members. Its primary mission is to assist these members, primarily domiciled in North Carolina, South Carolina, and Tennessee, in meeting their liabilities for sickness, accident, and other welfare benefits for eligible current and former employees upon retirement. By providing a funding vehicle, the Trust aims to ensure that these employees have access to necessary medical benefits during their retirement years. The Trust fulfills this purpose by providing financial support to its member companies, thereby enabling them to meet their retirement benefit obligations.

Who is the CEO of Ntca Regional Retiree Medical Funding Trust I C/O Nat'L Telecommun Coop Assoc?

Shirley Bloomfield is the Chair of Ntca Regional Retiree Medical Funding Trust I C/O Nat'L Telecommun Coop Assoc.

What is the revenue of Ntca Regional Retiree Medical Funding Trust I C/O Nat'L Telecommun Coop Assoc?

Ntca Regional Retiree Medical Funding Trust I C/O Nat'L Telecommun Coop Assoc's revenue in 2022 was $5,174,450.

Who are the executives of Ntca Regional Retiree Medical Funding Trust I C/O Nat'L Telecommun Coop Assoc and what are their salaries?

There 8 volunteers at Ntca Regional Retiree Medical Funding Trust I C/O Nat'L Telecommun Coop Assoc.


Here are 10 key members and their salaries:


Thomas E Preston (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jimmy Todd (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dustin Durden (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer L Prather (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Holly Utke (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Candace Wright (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Beyer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Crystal Morley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shirley Bloomfield (Cheif Executive Officer)
  • Compensation: $0
  • Related: $989,833
  • Other: $272,646
Man Koilpillai (Ntca Chief Financial Officer)
  • Compensation: $0
  • Related: $238,072
  • Other: $44,483
Where can I find the form 990 for Ntca Regional Retiree Medical Funding Trust I C/O Nat'L Telecommun Coop Assoc?

Ntca Regional Retiree Medical Funding Trust I C/O Nat'L Telecommun Coop Assoc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ntca Regional Retiree Medical Funding Trust I C/O Nat'L Telecommun Coop Assoc

The Ntca Regional Retiree Medical Funding Trust, affiliated with Nat'L Telecommun Cooperative Association, is dedicated to serving as a reliable funding solution for its member companies. Its mission is to offer a financing mechanism to companies domiciled in North Carolina, South Carolina, and Tennessee, enabling them to meet their liabilities for various health benefits, such as sickness, accident, and other welfare provisions, for eligible current and former employees upon retirement. By providing this funding vehicle, the Trust aids in ensuring the continued well-being and support of these employees during their retirement years.

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Impact




October, 2024

The Ntca Regional Retiree Medical Funding Trust I plays a crucial role in enhancing the financial stability of its member systems in North Carolina, South Carolina, and Tennessee by providing a dedicated funding vehicle for health-related benefits. This initiative assists in managing the liabilities associated with sickness, accident, and other welfare benefits that eligible current and former employees receive upon retirement. By offering this support, the trust ensures that member companies can fulfill their obligations to retired employees, promoting financial security and well-being for those who have devoted their careers to the telecommunications industry. Ultimately, its impact extends beyond immediate health benefits by contributing to the overall sustainability and viability of the member systems, fostering a culture of mutual support and assistance within the telecommunications community.




This information is meant to be a general summary of Ntca Regional Retiree Medical Funding Trust I C/O Nat'L Telecommun Coop Assoc. 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
$5,174,450 (2022)
Expenses
$4,694,837 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4,564,244
  • Program Service Revenue: $610,206
  • Gross Receipts: $8,480,019

Assets and Liabilities:

  • Total Assets: $113,913,781
  • Total Liabilities: $17,213
  • Net Assets: $113,896,568

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Programs

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

RETIREMENT FUNDING

Revenue

$610,206

Organization Details

Founding Year

1993

Principal Officer

Shirley Bloomfield

Main Address

4121 WILSON BOULEVARD, ARLINGTON, VA, 22203

NTEE Category

Code: Y40 - Mutual benefit

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