Overview
What is Minnegasco Retiree Medical Trust?
The Minnegasco Retiree Medical Trust is a nonprofit organization established to collect contributions from the company and its participants. Its primary mission is to provide health and welfare benefits to eligible retired employees of the company, their beneficiaries, or estates. The trust serves as a financial resource to cover medical expenses and ensure the well-being of retired employees, demonstrating a commitment to the long-term support of its retirees.
Is Minnegasco Retiree Medical Trust legitimate?
Minnegasco Retiree Medical Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Minnegasco Retiree Medical 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:
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What is the mission statement of Minnegasco Retiree Medical Trust?
The Minnegasco Retiree Medical Trust was established with the purpose of receiving contributions from the company and its participants. Its primary mission is to utilize these funds to provide health and welfare benefits to eligible retired employees of the company, their beneficiaries, or estates. The trust aims to ensure the well-being of these retired employees by covering their medical expenses and other related benefits. The trust serves as a safety net, providing financial support to help retired employees maintain their health and livelihood after their active employment years.
Who is the CEO of Minnegasco Retiree Medical Trust?
Brad Tutunjian is the Chairman of Minnegasco Retiree Medical Trust.
What is the revenue of Minnegasco Retiree Medical Trust?
Minnegasco Retiree Medical Trust's revenue in 2022 was $948,988.
Who are the executives of Minnegasco Retiree Medical Trust and what are their salaries?
Here are 7 key members and their salaries:
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- Compensation: $20,980
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Where can I find the form 990 for Minnegasco Retiree Medical Trust?
Minnegasco Retiree Medical Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Minnegasco Retiree Medical Trust
The Minnegasco Retiree Medical Trust was established with a mission to receive contributions from both the company and its participants. This mission is centered around providing health and welfare benefits to eligible retired employees of the company, their beneficiaries, or estates. In simpler terms, the trust was established to ensure that retired employees of the company have access to necessary medical and welfare benefits, thereby offering them financial assistance and support in their post-employment years.
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Impact
October, 2024
Minnegasco Retiree Medical Trust plays a vital role in supporting the health and welfare of retired employees and their beneficiaries. By receiving contributions from both the company and participants, the Trust ensures that eligible retirees have access to crucial medical benefits, enhancing their quality of life after retirement. This financial support helps cover various health-related expenses, providing peace of mind for retirees and their families. In essence, the Trust fosters a sense of security and well-being among retirees, contributing positively to their overall health outcomes and financial stability in their later years.
This information is meant to be a general summary of Minnegasco Retiree Medical 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: $498,064
- Program Service Revenue: $450,924
- Gross Receipts: $4,536,742
Assets and Liabilities:
- Total Assets: $18,025,428
- Total Liabilities: $0
- Net Assets: $18,025,428
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRIBUTIONS
Revenue
$450,924
Organization Details
Founding Year
1979
Phone
(713) 207-1111Principal Officer
Brad Tutunjian
Main Address
1111 LOUISIANA ST 3811E, HOUSTON, TX, 770025230
NTEE Category
Code: Y40 - Mutual benefit
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