Overview
What is Medical Practice Consortium Trust?
The Medical Practice Consortium Trust is a nonprofit organization situated in Indianapolis, Indiana. Its primary objective is to establish various employee welfare benefit plans for the employers within the Medical Practice Consortium. The trust's purpose is to enhance the well-being of its associated workers through these employee benefit plans. By providing such plans, the Medical Practice Consortium Trust aims to support its employers in offering comprehensive benefits to their staff, thereby improving their overall work environment and job satisfaction.
Is Medical Practice Consortium Trust legitimate?
Medical Practice Consortium Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Medical Practice Consortium 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.
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What is the mission statement of Medical Practice Consortium Trust?
The Medical Practice Consortium Trust was established with the mission to establish one or more employee welfare benefit plans for its associated medical practice employers. The primary goal of this trust is to provide and manage beneficial schemes for the workforce of the Medical Practice Consortium. By setting up these plans, the trust aims to enhance the overall well-being and satisfaction of the employees, ultimately fostering a healthier and more content work environment within the medical practice consortium.
Who is the CEO of Medical Practice Consortium Trust?
Francis Price Jr Md is the President of Medical Practice Consortium Trust.
What is the revenue of Medical Practice Consortium Trust?
Medical Practice Consortium Trust's revenue in 2022 was $10,193,463.
Who are the executives of Medical Practice Consortium Trust and what are their salaries?
There 5 volunteers at Medical Practice Consortium Trust.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Medical Practice Consortium Trust?
Medical Practice Consortium Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Medical Practice Consortium Trust
The Medical Practice Consortium Trust is committed to establishing one or more employee welfare benefit plans for the employers within the Medical Practice Consortium. This organization's primary mission is to serve this specific purpose, ensuring the well-being of the employees under these medical practices' umbrellas. The Trust's sole activity and focus revolve around establishing these beneficial plans, aiming to enhance the overall work environment and employee satisfaction within the Medical Practice Consortium.
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Impact
October, 2024
Medical Practice Consortium Trust plays a significant role in enhancing the welfare of employees within its member medical practices by establishing comprehensive employee benefit plans. By focusing on the specific needs of medical practitioners and their staff, the Trust aims to improve access to essential benefits, thereby contributing to employee satisfaction and retention.
Through the development of tailored welfare benefit plans, the Trust supports the overall financial and emotional health of employees, which can lead to increased productivity and morale within medical practices. This impacts the broader healthcare environment by fostering a more stable and motivated workforce, ultimately benefiting patient care and operational efficiency. The collective efforts of member employers under the Consortium give rise to a pooled approach to employee benefits, allowing for better resources and support systems, enhancing mutual benefit for all stakeholders involved.
This information is meant to be a general summary of Medical Practice Consortium 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $189,293
- Program Service Revenue: $10,004,170
- Gross Receipts: $12,579,547
Assets and Liabilities:
- Total Assets: $15,627,865
- Total Liabilities: $1,537,998
- Net Assets: $14,089,867
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INSURANCE PREMIUMS
Revenue
$10,004,170
Organization Details
Founding Year
2018
Phone
(317) 454-7711Principal Officer
Francis Price Jr Md
Main Address
322 CANAL WALK, INDIANAPOLIS, IN, 46202
NTEE Category
Code: Y43 - Mutual benefit
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