Research Triangle Institute Post Retirement Health Benefits Trust

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

EIN: 561855400 ✦ Research triangle park, NC ✦ Designated as a 501(c)(9)

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Overview

What is Research Triangle Institute Post Retirement Health Benefits Trust?

The Research Triangle Institute Post Retirement Health Benefits Trust is a nonprofit entity based in Research Triangle Park, North Carolina. Its primary mission is to provide medical, prescription drug, vision, and dental benefits to eligible retirees and their dependents. The trust serves a total of 449 individuals during the plan year, with up to 3,528 individuals being eligible for these benefits. The trust is dedicated to maintaining these health benefits for retirees of the Research Triangle Institute.


Official website here: www.rti.org

Is Research Triangle Institute Post Retirement Health Benefits Trust legitimate?

Research Triangle Institute Post Retirement Health Benefits Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Research Triangle Institute Post Retirement Health 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: $56,956
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.rti.org

What is the mission statement of Research Triangle Institute Post Retirement Health Benefits Trust?

The Research Triangle Institute Post Retirement Health Benefits Trust is committed to maintaining medical, dental, and vision benefits for the retirees of the Research Triangle Institute. During a plan year, up to 3,528 individuals were eligible for these benefits, with 449 actually receiving them. This trust works towards ensuring that eligible retirees and their dependents have access to essential healthcare services, including medical coverage, prescription drug benefits, vision care, and dental services.


Official website here: www.rti.org

Who is the CEO of Research Triangle Institute Post Retirement Health Benefits Trust?

Michael H Kaelin Jr is the Principal Officer of Research Triangle Institute Post Retirement Health Benefits Trust.


Official website here: www.rti.org

What is the revenue of Research Triangle Institute Post Retirement Health Benefits Trust?

Research Triangle Institute Post Retirement Health Benefits Trust's revenue in 2022 was $998,879.


Official website here: www.rti.org

Who are the executives of Research Triangle Institute Post Retirement Health Benefits Trust and what are their salaries?


There is 1 key member and their salary:


Principal Bank Trustee (None)
  • Compensation: $56,956
  • Related: $0
  • Other: $0


Official website here: www.rti.org

Where can I find the form 990 for Research Triangle Institute Post Retirement Health Benefits Trust?

Research Triangle Institute Post Retirement Health Benefits Trust's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.rti.org

Learn more at the official website: www.rti.org

Mission Statement of Research Triangle Institute Post Retirement Health Benefits Trust

Research Triangle Institute Post Retirement Health Benefits Trust is committed to maintaining essential medical, dental, and vision benefits for the retirees of Research Triangle Institute. Their mission is centered around ensuring that eligible retirees and their dependents have access to these vital services, with up to 3,528 individuals being eligible for these benefits. During the plan year, 449 of these retirees actually received and utilized these benefits. This nonprofit organization strives to provide comprehensive medical, prescription drug, vision, and dental coverage to its beneficiaries, aiming to support their overall well-being in their post-employment years.

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Impact




October, 2024

The Research Triangle Institute Post Retirement Health Benefits Trust plays a crucial role in supporting the health and well-being of retirees from RTI by maintaining essential medical, dental, and vision benefits. This trust ensures that eligible retirees, as well as their dependents, have access to comprehensive healthcare resources, which can significantly enhance their quality of life during retirement.

By providing medical, prescription drug, vision, and dental benefits, the trust has positively impacted the lives of 449 retirees out of a potential 3,528 eligible individuals. This support not only alleviates the financial burden of healthcare costs but also promotes a sense of security among retirees, allowing them to focus on their health and wellness post-retirement.

The trust’s commitment to maintaining these benefits demonstrates a dedication to the long-term well-being of RTI’s workforce, fostering a sense of community and mutual benefit that can resonate throughout the organization and its alumni. Overall, the Research Triangle Institute Post Retirement Health Benefits Trust significantly contributes to enhancing the lives of those who have dedicated their careers to RTI.




This information is meant to be a general summary of Research Triangle Institute Post Retirement Health 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
$998,879 (2022)
Expenses
$908,208 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $449,620
  • Program Service Revenue: $549,259
  • Gross Receipts: $5,762,262

Assets and Liabilities:

  • Total Assets: $13,306,406
  • Total Liabilities: $18,606
  • Net Assets: $13,287,800

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Programs

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

PARTICIPANT CONTRIBUTIONS

Revenue

$549,259

Organization Details

Founding Year

1993

Principal Officer

Michael H Kaelin Jr

Main Address

PO BOX 12194, RESEARCH TRIANGLE PARK, NC, 27709

NTEE Category

Code: Y40 - Mutual benefit

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