Bmwed Health Fund

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

EIN: 616613197 ✦ Novi, MI ✦ Designated as a 501(c)(9)

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Overview

What is Bmwed Health Fund?

Bmwed Health Fund is a nonprofit organization based in Novi, Michigan. Its primary mission is to provide comprehensive health and prescription benefits to active employees, their covered dependents, and pre-Medicare retirees who meet the eligibility criteria, as part of BMWED and participating employers. This essential service aims to ensure the well-being of its beneficiaries by offering them access to necessary healthcare services. The fund's address is 41475 Gardenbrook Road, Novi, MI 483751328.

Is Bmwed Health Fund legitimate?

Bmwed Health Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Bmwed Health Fund 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: $3,401,220
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Bmwed Health Fund?

The Bmwed Health Fund's mission is centered around providing health and prescription benefits to eligible individuals. Specifically, it serves active employees, their covered dependents, and pre-Medicare retirees of BMWED and participating employers. The fund's primary objective is to ensure these individuals have access to necessary healthcare services and medications. It operates with a goal to meet the eligibility requirements set for its beneficiaries. The fund's main activity revolves around extending health and prescription benefits to its targeted population.

Who is the CEO of Bmwed Health Fund?

Tony D Cardwell is the Trustee of Bmwed Health Fund.

What is the revenue of Bmwed Health Fund?

Bmwed Health Fund's revenue in 2022 was $3,711,892.

Who are the executives of Bmwed Health Fund and what are their salaries?


Here are 5 key members and their salaries:


Tony D Cardwell (Trustee)
  • Compensation: $0
  • Related: $187,823
  • Other: $21,238
Dennis R Albers (Trustee)
  • Compensation: $0
  • Related: $205,012
  • Other: $0
David D Joynt (Trustee)
  • Compensation: $0
  • Related: $151,387
  • Other: $39,987
Freddie N Simpson (Trustee)
  • Compensation: $0
  • Related: $157,345
  • Other: $25,962
Dale E Bogart Jr (Trustee)
  • Compensation: $0
  • Related: $145,549
  • Other: $18,845
Where can I find the form 990 for Bmwed Health Fund?

Bmwed Health Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Bmwed Health Fund

Bmwed Health Fund is a mission-driven organization dedicated to providing essential health and prescription benefits to eligible individuals. Specifically, it caters to the needs of active employees, their covered dependents, and pre-Medicare retirees affiliated with BMWED and participating employers. The primary aim of Bmwed Health Fund is to ensure these individuals have access to necessary medical care and medication, enhancing their overall well-being. By fulfilling this mission, Bmwed Health Fund plays a crucial role in supporting the health and wellness of its beneficiaries.

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Impact




October, 2024

Bmwed Health Fund plays a vital role in enhancing the health and well-being of active employees, covered dependents, and pre-Medicare retirees affiliated with the Brotherhood of Maintenance of Way Employes Division (BMWED) and participating employers. By providing comprehensive health and prescription benefits, the Fund ensures that eligible individuals have access to essential medical care and medications, which can significantly improve their quality of life.

The Fund's focus on health benefits directly supports not only the physical well-being of its members but also contributes to their financial security by alleviating the burden of healthcare costs. This nurturing environment fosters a healthier workforce and community, ultimately improving productivity and reducing absenteeism among employees.

Additionally, the Bmwed Health Fund's commitment to meeting the needs of its members strengthens the bond between workers and their employers, promoting a culture of mutual benefit and support. This impact resonates throughout the community in Novi, MI, as the health of individuals directly correlates with the overall vitality of the workforce and local economy.




This information is meant to be a general summary of Bmwed Health Fund. 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
$3,711,892 (2022)
Expenses
$3,452,133 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $24,184
  • Gross Receipts: $3,737,507

Assets and Liabilities:

  • Total Assets: $3,128,211
  • Total Liabilities: $318,360
  • Net Assets: $2,809,851

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Organization Details

Founding Year

2019

Principal Officer

Tony D Cardwell

Main Address

41475 GARDENBROOK ROAD, NOVI, MI, 483751328

NTEE Category

Code: Y43 - Mutual benefit

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