Overview
What is Chs Inc Trust For Group Medical Plan Premiums For?
Chs Inc Trust For Group Medical Plan Premiums is a charitable trust based in Mcpherson, Kansas. Its primary purpose is to aid retirees and their spouses by covering 30% of their medical plan premium costs. This trust operates under the medical plan, offering financial assistance before retirement. The trust's mission is to alleviate the financial burden that comes with retiree healthcare costs, ensuring that retired individuals can maintain their health coverage with ease.
Is Chs Inc Trust For Group Medical Plan Premiums For legitimate?
Chs Inc Trust For Group Medical Plan Premiums For is a legitimate nonprofit organization registered as a 501(c)(9) entity. Chs Inc Trust For Group Medical Plan Premiums For submitted a form 990EZ, 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.
What is the mission statement of Chs Inc Trust For Group Medical Plan Premiums For?
The mission of Chs Inc Trust For Group Medical Plan Premiums is to aid in the financial support of retirees' medical plan premiums. Specifically, the trust pays for 30% of each retiree participant or eligible spouse's premium costs for the medical coverage chosen before retirement. This initiative aims to lessen the financial burden of retirees, ensuring they can maintain their medical coverage post-retirement.
Who is the CEO of Chs Inc Trust For Group Medical Plan Premiums For?
Tom Dewitt is the Trustee of Chs Inc Trust For Group Medical Plan Premiums For.
What is the revenue of Chs Inc Trust For Group Medical Plan Premiums For?
Chs Inc Trust For Group Medical Plan Premiums For's revenue in 2022 was $130,668.
Who are the executives of Chs Inc Trust For Group Medical Plan Premiums For and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for Chs Inc Trust For Group Medical Plan Premiums For?
Chs Inc Trust For Group Medical Plan Premiums For's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Chs Inc Trust For Group Medical Plan Premiums For
Chs Inc Trust for Group Medical Plan Premiums is a mission-driven organization that aims to assist retirees by supplementing their insurance premium costs. Specifically, this trust pays for 30% of each retiree participant or their eligible spouse's premium cost for the medical coverage they had chosen before retiring. This financial aid helps retirees maintain their health coverage, ensuring they continue to receive necessary medical services even after leaving their employment. By providing this support, Chs Inc Trust for Group Medical Plan Premiums demonstrates a commitment to the well-being of its beneficiaries, easing the financial burden of healthcare costs during retirement.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Chs Inc Trust For Group Medical Plan Premiums For significantly alleviates the financial burden of healthcare costs for retirees and their eligible spouses. By covering 30% of the insurance premiums related to the medical plan they chose before retirement, the trust enhances the affordability of healthcare access for participants. This financial support enables retirees to maintain better health outcomes and quality of life, as the reduced out-of-pocket expenses for medical coverage can lead to more consistent use of necessary medical services.
Located in McPherson, KS, the trust plays a vital role in ensuring that retirees can secure adequate health coverage, ultimately fostering a sense of security and stability during their retirement years. This is particularly important as healthcare costs continue to rise, making the contributions of the trust even more impactful for those who have dedicated their careers to their work. Additionally, by facilitating access to necessary healthcare, the trust supports the overall well-being of the community, reflecting a commitment to the long-term health of its participants.
This information is meant to be a general summary of Chs Inc Trust For Group Medical Plan Premiums For. 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: $115
- Gross Receipts: $130,668
Assets and Liabilities:
- Total Assets: $9,420
- Total Liabilities: $0
- Net Assets: $9,420
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Principal Officer
Tom Dewitt
Main Address
1391 IRON HORSE ROAD, McPherson, KS, 67460
NTEE Category
Code: Y43 - Mutual benefit
If you are a representative of Chs Inc Trust For Group Medical Plan Premiums For and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.