Overview
What is Intel Retiree Medical Plan Trust?
Intel Retiree Medical Plan Trust is a nonprofit organization, established by Intel Corporation in 1996, to offer medical benefits for eligible retired employees and their dependents residing in the United States. Based in Santa Clara, California, the trust's mission is to ensure access to healthcare for those who have worked for Intel and now retired. The trust provides essential medical coverage, enhancing the quality of life for these individuals.
Official website here: www.intel.com
What are the reviews and ratings of this charity?
The Intel Retiree Medical Plan Trust currently doesn't have a rating from Charity Navigator. This is due to it not being a 501(c)(3) IRS-registered nonprofit, which is necessary for a rating. The absence of a rating should not be interpreted as a positive or negative reflection of the organization's performance or credibility.
Although specific data regarding total revenue, expenses, and key personnel salaries is not available, the organization's historical ratings would have considered aspects similar to today's Accountability and Finance score. The Trust is listed as an independent organization with no foundation status.
Since the Intel Retiree Medical Plan Trust is not a 501(c)(3) entity, aspects such as Impact & Measurement, Culture & Community, and Leadership & Adaptability cannot be evaluated by Charity Navigator. No user reviews are available from GreatNonprofits to provide additional context or insights from individual experiences.
This AI summary has been generated from information found on Charity Navigator.
Is Intel Retiree Medical Plan Trust legitimate?
Intel Retiree Medical Plan Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Intel Retiree Medical Plan 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.intel.com
What is the mission statement of Intel Retiree Medical Plan Trust?
The Intel Retiree Medical Plan Trust was founded by Intel Corporation in 1996 to extend healthcare coverage to retired employees and their eligible dependents. The trust's primary objective is to ensure the provision of medical benefits for this group. By offering healthcare services, the trust aims to support the wellbeing and health of retired Intel employees, enhancing their quality of life post-retirement. The trust's commitment extends beyond individual care, as it also focuses on providing dependable healthcare solutions for families of the retirees. The trust's dedication to healthcare coverage enables retired Intel employees to maintain peace of mind and continue living comfortably in their retirement years.
Official website here: www.intel.com
Who is the CEO of Intel Retiree Medical Plan Trust?
Clara Wong is the Trustee of Intel Retiree Medical Plan Trust.
Official website here: www.intel.com
What is the revenue of Intel Retiree Medical Plan Trust?
Intel Retiree Medical Plan Trust's revenue in 2022 was $92,107,235.
Official website here: www.intel.com
Who are the executives of Intel Retiree Medical Plan Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.intel.com
Where can I find the form 990 for Intel Retiree Medical Plan Trust?
Intel Retiree Medical Plan Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.intel.com
Learn more at the official website: www.intel.com
Mission Statement of Intel Retiree Medical Plan Trust
The Intel Retiree Medical Plan Trust, a charitable organization established by Intel Corporation in 1996, is dedicated to providing essential medical benefits for eligible retired employees of Intel and their dependents. This mission stems from Intel's commitment to ensuring the wellbeing of its retired workforce, extending healthcare coverage beyond their employment tenure. The Trust focuses on delivering medical benefits that cater to the unique needs of retired Intel employees and their families, enabling them to maintain their health and wellbeing in their post-career lives. The organization's unwavering support allows these individuals to access vital healthcare services, securing their peace of mind and overall quality of life.
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Impact
October, 2024
The Intel Retiree Medical Plan Trust plays a crucial role in ensuring that retired employees of Intel Corporation, along with their eligible dependents, have access to essential health coverage. Established on September 1, 1996, this plan addresses the healthcare needs of individuals who have dedicated their careers to Intel, providing them with the medical benefits necessary to maintain their health and well-being in retirement. By offering these benefits, the Trust helps to enhance the quality of life for retirees and their families, contributing to their financial security and peace of mind in navigating post-employment healthcare. The impact extends beyond individual well-being; it fosters a sense of loyalty and appreciation among past employees, recognizing their contributions to the company’s success. Overall, the Intel Retiree Medical Plan Trust serves as a vital support system for retired employees, reflecting a commitment to their ongoing health and welfare.
This information is meant to be a general summary of Intel Retiree Medical Plan 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: $78,630,368
- Program Service Revenue: $13,406,310
- Gross Receipts: $312,280,765
Assets and Liabilities:
- Total Assets: $503,345,398
- Total Liabilities: $34,191,070
- Net Assets: $469,154,328
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYEE CONTRIBUTIONS
Revenue
$7,662,957
EMPLOYER CONTRIBUTIONS
Revenue
$5,743,353
Organization Details
Founding Year
1996
Phone
(408) 765-8080Principal Officer
Clara Wong
Main Address
2200 MISSION COLLEGE BLVD RNB-6-9, SANTA CLARA, CA, 95054
Website
www.intel.comIf you are a representative of Intel Retiree Medical Plan Trust 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.