Overview
What is Trust For The City Of Scottsdale Arizona Post Employment Health Plan?
The Trust for the City of Scottsdale Arizona Post Employment Health Plan is a nonprofit organization dedicated to assisting public sector employees, hailing from state and local governments, and their political subdivisions, with post-employment medical expenses. By accumulating employer contributions, the Trust provides reimbursements for eligible health insurance premiums and other medical expenses for individuals who have terminated their service. In 2022, the Trust paid out $1,326,506 in medical insurance premiums on behalf of eligible participants. The Trust's administrative expenses for the year totaled $4,412.
Is Trust For The City Of Scottsdale Arizona Post Employment Health Plan legitimate?
Trust For The City Of Scottsdale Arizona Post Employment Health Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Trust For The City Of Scottsdale Arizona Post Employment Health Plan 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 Trust For The City Of Scottsdale Arizona Post Employment Health Plan?
The Trust for Post Employment Health Plan, aimed at public sector employees from state and local governments, and their political subdivisions, has a mission to address post-employment medical expenses. The Trust accumulates employer contributions for the reimbursement of health insurance and eligible medical expenses for participants who separate from their respective employers. This initiative aims to provide a financial solution, ensuring that public employees can manage their medical costs after retirement. The Trust serves as a vital resource, helping employees navigate their post-employment healthcare needs.
Who is the CEO of Trust For The City Of Scottsdale Arizona Post Employment Health Plan?
Paula Miller is the Chief Trust Officer of Trust For The City Of Scottsdale Arizona Post Employment Health Plan.
What is the revenue of Trust For The City Of Scottsdale Arizona Post Employment Health Plan?
Trust For The City Of Scottsdale Arizona Post Employment Health Plan's revenue in 2022 was $1,798,688.
Who are the executives of Trust For The City Of Scottsdale Arizona Post Employment Health Plan and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Trust For The City Of Scottsdale Arizona Post Employment Health Plan?
Trust For The City Of Scottsdale Arizona Post Employment Health Plan's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Trust For The City Of Scottsdale Arizona Post Employment Health Plan
The Trust for the City of Scottsdale Arizona Post Employment Health Plan is established with a mission to provide a solution for public sector employees from state and local governments, along with their political subdivisions, to manage post-employment medical expenses. This nonprofit organization collects employer contributions to cover health insurance premiums and other eligible medical costs for individuals who depart from their respective employment. The ultimate goal of the Trust is to offer financial assistance and support to these former employees, ensuring they can continue to access necessary medical care even after leaving their jobs.
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Impact
October, 2024
The Trust For The City Of Scottsdale Arizona Post Employment Health Plan plays a significant role in supporting public sector employees by addressing their post-employment medical expenses. By providing reimbursements for eligible medical expenses incurred after retirement or termination of service, the Trust ensures that participants have access to essential healthcare services.
In 2022, the Trust reimbursed substantial medical insurance premiums totaling $1,326,506, demonstrating its commitment to the health and well-being of former employees. This financial support alleviates the burden of medical costs that can arise during retirement, allowing participants to transition away from their public sector roles with greater peace of mind regarding their health coverage.
Moreover, the administrative structure of the Trust is designed to efficiently manage these reimbursements, with total administrative costs for the plan year amounting to just $4,412. This indicates a focus on maximizing the funds available for direct support to participants rather than on operational expenses.
Overall, the impact of the Trust extends beyond financial assistance; it fosters a sense of security for public sector employees, ensuring they are not left without vital medical support as they navigate the complexities of post-employment life. This is particularly important considering the rising costs of healthcare, enabling individuals to maintain their health and quality of life after leaving their public service roles.
This information is meant to be a general summary of Trust For The City Of Scottsdale Arizona Post Employment Health Plan. 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.
- Program Service Revenue: $1,798,688
- Gross Receipts: $1,798,688
Assets and Liabilities:
- Total Assets: $11,160,809
- Total Liabilities: $0
- Net Assets: $11,160,809
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$1,798,688
Organization Details
Founding Year
2018
Phone
(614) 435-8378Principal Officer
Paula Miller
Main Address
10 W Nationwide Blvd Suite 5-1-105X, Columbus, OH, 432152220
NTEE Category
Code: Y44 - Mutual benefit
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