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Associated Universities Inc Retiree Health Benefit Trust

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

EIN: 526748287 ✦ Washington, DC ✦ Designated as a 501(c)(3)

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Overview

What is Associated Universities Inc Retiree Health Benefit Trust?

The Associated Universities Inc Retiree Health Benefit Trust is a nonprofit entity established to fulfill the obligation of its employer, Associated Universities, Inc., in providing retirement health benefits to eligible retirees and their covered dependents affiliated with the AUI corporate office. The trust administers funds in accordance with the terms of the plan, aiming to meet these retirement health benefits obligations. This trust serves as a financial resource to ensure the continuity of healthcare benefits for retirees, contributing to their overall well-being post-employment.


Official website here: www.aui.edu

Is Associated Universities Inc Retiree Health Benefit Trust legitimate?

Associated Universities Inc Retiree Health Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Associated Universities Inc Retiree 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


Official website here: www.aui.edu

What is the mission statement of Associated Universities Inc Retiree Health Benefit Trust?

The Associated Universities Inc Retiree Health Benefit Trust has a mission to serve as a financial resource, ensuring the employer, Associated Universities Inc, fulfills its obligation to provide retiree health benefits as stated in the plan for eligible retirees and their covered dependents associated with the AUI corporate office. The trust's primary goal is to administer these benefits according to the plan's terms. By providing this financial support, the trust aims to uphold the employer's commitment to its retirees, ensuring their health benefits are maintained post-retirement.


Official website here: www.aui.edu

Who is the CEO of Associated Universities Inc Retiree Health Benefit Trust?

Adam Cohen is the Trustee/President of Associated Universities Inc Retiree Health Benefit Trust.


Official website here: www.aui.edu

What is the revenue of Associated Universities Inc Retiree Health Benefit Trust?

Associated Universities Inc Retiree Health Benefit Trust's revenue in 2022 was $9,385.


Official website here: www.aui.edu

Who are the executives of Associated Universities Inc Retiree Health Benefit Trust and what are their salaries?


Here are 3 key members and their salaries:


Adam Cohen (Trustee/President)
  • Compensation: $0
  • Related: $482,302
  • Other: $62,594
Luther Lau (Trustee/Chief Financial Of)
  • Compensation: $0
  • Related: $331,162
  • Other: $59,466
Mark Kontos (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.aui.edu

Where can I find the form 990 for Associated Universities Inc Retiree Health Benefit Trust?

Associated Universities Inc Retiree Health Benefit Trust's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.aui.edu

Learn more at the official website: www.aui.edu

Mission Statement of Associated Universities Inc Retiree Health Benefit Trust

The Associated Universities Inc Retiree Health Benefit Trust is established with a mission to serve as a reliable source of funds. This mission is aimed at fulfilling the employer's obligation to provide retiree health benefits, as outlined in the plan, for eligible retirees and their covered dependents associated with the AUI corporate office. The trust's role involves the administration of these funds in accordance with the terms of the plan. In simpler terms, the Associated Universities Inc Retiree Health Benefit Trust is designed to ensure the financial provision of retiree health benefits, as promised by the employer, to eligible retirees and their dependents, in line with the stipulations of the plan.

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Impact




October, 2024

The Associated Universities Inc Retiree Health Benefit Trust plays a crucial role in ensuring that eligible retirees and their covered dependents receive the health benefits promised to them upon retirement. By providing a dedicated source of funds, the Trust fulfills the employer's obligations, ensuring financial stability for those who have dedicated their careers to the organization. This support not only enhances the quality of life for retirees but also contributes to their peace of mind, knowing that their health care needs will be addressed. Furthermore, the Trust's proper administration in accordance with the plan promotes accountability and transparency, fostering trust among retirees and the organization. Overall, this initiative significantly impacts the well-being of retirees, securing their access to necessary health benefits in their retirement years.




This information is meant to be a general summary of Associated Universities Inc Retiree 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
$9,385 (2022)
Expenses
$0 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $9,385
  • Gross Receipts: $9,385

Assets and Liabilities:

  • Total Assets: $413,555
  • Total Liabilities: $184,591
  • Net Assets: $228,964

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Organization Details

Founding Year

1995

Principal Officer

Adam Cohen

Main Address

1400 16TH STREET NW 730, WASHINGTON, DC, 200362252

NTEE Category

Code: E99Z - Health

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