Chmc Otolaryngologic Foundation Inc Voluntary Employees Beneficiary Assn

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 821072065 ✦ Boston, MA ✦ Designated as a 501(c)(9)

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Overview

What is Chmc Otolaryngologic Foundation Inc Voluntary Employees Beneficiary Assn?

Chmc Otolaryngologic Foundation Inc Voluntary Employees Beneficiary Assn, based in Boston, Massachusetts, is a nonprofit organization with a mission to support the CHMC Otolaryngologic Foundation, Inc. Retiree Health & Welfare Benefit Plan. This plan is designed to offer health and welfare benefits to retired employees of the Foundation and their spouses, at no cost to them. The organization provides funding for this plan, ensuring the continued well-being of its retired employees. The Foundation offers donated services for the benefit of its participants and their spouses, further emphasizing its commitment to its community.

Is Chmc Otolaryngologic Foundation Inc Voluntary Employees Beneficiary Assn legitimate?

Chmc Otolaryngologic Foundation Inc Voluntary Employees Beneficiary Assn is a legitimate nonprofit organization registered as a 501(c)(9) entity. Chmc Otolaryngologic Foundation Inc Voluntary Employees Beneficiary Assn 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

What is the mission statement of Chmc Otolaryngologic Foundation Inc Voluntary Employees Beneficiary Assn?

The Chmc Otolaryngologic Foundation Inc Voluntary Employees Beneficiary Assn has a mission to fund the CHMC Otolaryngologic Foundation, Inc. Retiree Health & Welfare Benefit Plan. This plan is designed to offer certain health and welfare benefits to eligible retired employees of the Foundation and their spouses. The organization's primary objective is to provide these benefits, with the employer, CHMC Otolaryngologic Foundation, Inc., not charging for donated services. The foundation's goal is to ensure the well-being of its retired employees and their spouses by providing them with necessary health and welfare benefits.

Who is the CEO of Chmc Otolaryngologic Foundation Inc Voluntary Employees Beneficiary Assn?

Michael J Cunningham M is the Principal Officer of Chmc Otolaryngologic Foundation Inc Voluntary Employees Beneficiary Assn.

What is the revenue of Chmc Otolaryngologic Foundation Inc Voluntary Employees Beneficiary Assn?

Chmc Otolaryngologic Foundation Inc Voluntary Employees Beneficiary Assn's revenue in 2022 was $232,896.

Who are the executives of Chmc Otolaryngologic Foundation Inc Voluntary Employees Beneficiary Assn and what are their salaries?


There is 1 key member and their salary:


Bny Mellon Na (Directed Trustee)
  • Compensation: $50,828
  • Related: $0
  • Other: $0
Where can I find the form 990 for Chmc Otolaryngologic Foundation Inc Voluntary Employees Beneficiary Assn?

Chmc Otolaryngologic Foundation Inc Voluntary Employees Beneficiary Assn's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Chmc Otolaryngologic Foundation Inc Voluntary Employees Beneficiary Assn

The Chmc Otolaryngologic Foundation Inc Voluntary Employees Beneficiary Assn is committed to fulfilling its mission. This mission primarily revolves around providing funding for the CHMC Otolaryngologic Foundation, Inc. Retiree Health & Welfare Benefit Plan. This plan is designed with a specific aim to extend certain health and welfare benefits to eligible retired employees of the Foundation and their spouses. The Foundation does not charge for these donated services, ensuring that the beneficiaries receive the necessary support without any additional financial burden. The main purpose of this organization is to ensure the well-being of its retired employees and their spouses, providing them with essential health and welfare benefits.

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Impact




October, 2024

Chmc Otolaryngologic Foundation Inc Voluntary Employees Beneficiary Assn plays a crucial role in supporting the health and welfare of retired employees and their spouses of the CHMC Otolaryngologic Foundation, Inc. By providing funding for the Retiree Health & Welfare Benefit Plan, it ensures that participants have access to essential benefits, enhancing their quality of life during retirement. The organization’s commitment to financing these benefits further underscores its mission of mutual support, allowing retired employees to enjoy peace of mind knowing that their health and welfare needs are being addressed without incurring additional costs from their employer. This initiative not only fosters a sense of community and well-being among retirees but also reinforces the value placed on the contributions of former employees, highlighting the importance of caring for those who have dedicated their careers to the foundation.




This information is meant to be a general summary of Chmc Otolaryngologic Foundation Inc Voluntary Employees Beneficiary Assn. 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.

Revenue
$232,896 (2022)
Expenses
$150,520 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $232,896
  • Gross Receipts: $2,985,263

Assets and Liabilities:

  • Total Assets: $5,947,764
  • Total Liabilities: $0
  • Net Assets: $5,947,764

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Organization Details

Founding Year

2017

Principal Officer

Michael J Cunningham M

Main Address

300 Longwood Avenue, Boston, MA, 02115

NTEE Category

Code: Y43 - Mutual benefit

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