Overview
What is Fraternal Ord Police Downers Grove Lodge 73 Rhfp Veba Trust C/O Babbitt Muni?
Fraternal Ord Police Downers Grove Lodge 73 Rhfp Veba Trust C/O Babbitt Muni is a nonprofit entity situated in Glenview, IL. This organization functions as a Post Employment Healthcare Funding Plan, serving fraternal beneficiary societies and voluntary employees associations. Its primary objective is to provide healthcare funding support after employment, ensuring financial assistance in this critical area for its members.
Is Fraternal Ord Police Downers Grove Lodge 73 Rhfp Veba Trust C/O Babbitt Muni legitimate?
Fraternal Ord Police Downers Grove Lodge 73 Rhfp Veba Trust C/O Babbitt Muni is a legitimate nonprofit organization registered as a 501(c)(9) entity. Fraternal Ord Police Downers Grove Lodge 73 Rhfp Veba Trust C/O Babbitt Muni 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
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What is the mission statement of Fraternal Ord Police Downers Grove Lodge 73 Rhfp Veba Trust C/O Babbitt Muni?
The Fraternal Ord Police Downers Grove Lodge 73 RHFP Veba Trust functions as a Post Employment Healthcare Funding Plan, serving as a part of fraternal beneficiary societies and voluntary employees associations. Its primary objective is to provide funding for healthcare needs post-employment. The organization is committed to supporting its members in managing their health-related expenses during their retirement years. The exact nature of the services offered or the specifics of the funding plan are not explicitly stated in the provided information.
Who is the CEO of Fraternal Ord Police Downers Grove Lodge 73 Rhfp Veba Trust C/O Babbitt Muni?
Joel Babbitt is the Trustee of Fraternal Ord Police Downers Grove Lodge 73 Rhfp Veba Trust C/O Babbitt Muni.
What is the revenue of Fraternal Ord Police Downers Grove Lodge 73 Rhfp Veba Trust C/O Babbitt Muni?
Fraternal Ord Police Downers Grove Lodge 73 Rhfp Veba Trust C/O Babbitt Muni's revenue in 2022 was $530,728.
Who are the executives of Fraternal Ord Police Downers Grove Lodge 73 Rhfp Veba Trust C/O Babbitt Muni 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 990 for Fraternal Ord Police Downers Grove Lodge 73 Rhfp Veba Trust C/O Babbitt Muni?
Fraternal Ord Police Downers Grove Lodge 73 Rhfp Veba Trust C/O Babbitt Muni's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Fraternal Ord Police Downers Grove Lodge 73 Rhfp Veba Trust C/O Babbitt Muni
The Fraternal Order Police Downers Grove Lodge 73 RHFP Veba Trust, a Post Employment Healthcare Funding Plan, is an organization that serves as a resource for fraternal beneficiary societies and voluntary employees associations. Its primary mission is to provide post-employment healthcare funding, offering financial support to individuals in this category. This entity is committed to ensuring the well-being of its members by covering their healthcare expenses after their employment tenure. It operates as a part of a larger network of similar organizations, demonstrating a collective approach to addressing the healthcare needs of its members. The Fraternal Order Police Downers Grove Lodge 73 RHFP Veba Trust, through its Post Employment Healthcare Funding Plan, plays a crucial role in securing the financial stability of its members in their post-employment years, especially in relation to their healthcare needs.
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Impact
October, 2024
Fraternal Ord Police Downers Grove Lodge 73 RHFP Veba Trust C/O Babbitt Muni plays a significant role in ensuring that the healthcare needs of its members are met after employment. By establishing a Post Employment Healthcare Funding Plan, it offers a structured approach to managing and funding healthcare expenses incurred by members once they retire from active service.
This initiative enhances financial security for members by providing a means to pre-fund post-employment healthcare costs. As a part of the fraternal beneficiary societies and voluntary employees associations, it fosters a sense of community and mutual benefit among its members. The trust helps mitigate the financial burdens associated with healthcare, allowing retired members to maintain their well-being and access necessary medical services without the anxiety of financial strain.
Operating out of Glenview, IL, the lodge supports its mission through collaboration and resource management, thereby reinforcing the commitment to member welfare and facilitating the long-term sustainability of healthcare services for former law enforcement officers.
This information is meant to be a general summary of Fraternal Ord Police Downers Grove Lodge 73 Rhfp Veba Trust C/O Babbitt Muni. 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: $104,387
- Program Service Revenue: $426,341
- Gross Receipts: $530,728
Assets and Liabilities:
- Total Assets: $4,781,277
- Total Liabilities: $0
- Net Assets: $4,781,277
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HEALTH CARE PLAN CONTR
Revenue
$426,341
Organization Details
Founding Year
2010
Phone
(773) 427-2064Principal Officer
Joel Babbitt
Main Address
1701 E LAKE AVE 400, GLENVIEW, IL, 60025
NTEE Category
Code: Y43 - Mutual benefit
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