Medical Services Of America Inc Employee Health Benefit Plan Trust

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

EIN: 561388244 ✦ Lexington, SC ✦ Designated as a 501(c)(9)

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Overview

What is Medical Services Of America Inc Employee Health Benefit Plan Trust?

Medical Services of America Inc Employee Health Benefit Plan Trust is a voluntary benefit association established by Medical Services of America, Inc. This nonprofit organization, based in Lexington, South Carolina, serves as a trust to manage the income and expenses related to the corporation's employee health, prescription, dental, and vision plans. The governing body consists of officers and employees of the corporation, who do not receive any salary or benefits from the trust. The primary mission of this trust is to provide comprehensive health, prescription, dental, and vision benefits to the corporation's employees.

Is Medical Services Of America Inc Employee Health Benefit Plan Trust legitimate?

Medical Services Of America Inc Employee Health Benefit Plan Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Medical Services Of America Inc Employee Health Benefit Plan 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 Medical Services Of America Inc Employee Health Benefit Plan Trust?

The Medical Services of America Inc Employee Health Benefit Plan Trust, as a Voluntary Employee Benefit Association (VEBA), serves the purpose of managing the financial aspects of its corporation's employee health, prescription, dental, and vision benefits plan. The organization operates with a governing body comprised of officers and employees from the corporation, who do not receive any salary or benefits from the trust. Its primary mission is to provide these essential healthcare benefits to the corporation's employees, ensuring they have access to necessary medical, prescription, dental, and vision support. The trust does not have a publically stated mission statement beyond its operational role.

Who is the CEO of Medical Services Of America Inc Employee Health Benefit Plan Trust?

Ronnie L Young is the Ceo, Msa of Medical Services Of America Inc Employee Health Benefit Plan Trust. The CEO's salary of Medical Services Of America Inc Employee Health Benefit Plan Trust is $0 and their total compensation is $0.

What is the revenue of Medical Services Of America Inc Employee Health Benefit Plan Trust?

Medical Services Of America Inc Employee Health Benefit Plan Trust's revenue in 2022 was $4,166,975.

Who are the executives of Medical Services Of America Inc Employee Health Benefit Plan Trust and what are their salaries?


Here are 4 key members and their salaries (Medical Services Of America Inc Employee Health Benefit Plan Trust's CEO's salary is $0 and their total compensation is $0):


Christina Jeffcoat (Vp, Msa, Inc)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Jeffcoat (Vp, Msa, Inc)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Jordan-Ruff (Human Resour)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronnie L Young (Ceo, Msa)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Medical Services Of America Inc Employee Health Benefit Plan Trust?

Medical Services Of America Inc Employee Health Benefit Plan Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Medical Services Of America Inc Employee Health Benefit Plan Trust

Medical Services of America Inc Employee Health Benefit Plan Trust, as a Voluntary Employee Benefit Association (VEBA), is dedicated to providing comprehensive health, prescription, dental, and vision benefits to its employees. This trust, established by Medical Services of America, Inc., operates independently with a governing body composed of officers and employees from the corporation, who do not receive any compensation or benefits from this organization. The mission of Medical Services of America Inc Employee Health Benefit Plan Trust is to ensure that its employees have access to essential healthcare benefits, thereby enhancing their overall well-being.

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Impact




October, 2024

Medical Services Of America Inc Employee Health Benefit Plan Trust plays a significant role in promoting the well-being of employees by providing comprehensive health, prescription, dental, and vision benefits. This Voluntary Employee Benefits Association (VEBA) Trust is specifically designed to manage the income and expenses associated with these essential employee benefits, thereby enhancing job satisfaction and promoting a healthy workforce.

By ensuring that employees have access to crucial health services, the trust fosters a supportive work environment that can lead to increased productivity and reduced absenteeism. Furthermore, the governance structure, which is composed of officers and employees of the corporation without any financial gain from the organization, emphasizes a commitment to the welfare of employees, instilling trust and confidence in the benefits offered.

Overall, the Medical Services Of America Inc Employee Health Benefit Plan Trust significantly impacts the employee experience, contributing to financial security regarding healthcare needs and encouraging a healthy lifestyle within the workforce.




This information is meant to be a general summary of Medical Services Of America Inc Employee Health Benefit Plan 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
$15,643,503 (2022)
Expenses
$15,613,061 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $4,166,975
  • Gross Receipts: $4,166,975

Assets and Liabilities:

  • Total Assets: $150,398
  • Total Liabilities: $0
  • Net Assets: $150,398

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Programs

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

E'EE AND E'ER CONTRIBUTIONS

Revenue

$4,166,975

Organization Details

Founding Year

1983

Principal Officer

Ronnie L Young

Main Address

171A MONROE LANE, LEXINGTON, SC, 29072

NTEE Category

Code: Y40 - Mutual benefit

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