Smart Transportation Division Staff Retiree Health Fund

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

EIN: 834646743 ✦ Independence, OH ✦ Designated as a 501(c)(9)

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Overview

What is Smart Transportation Division Staff Retiree Health Fund?

The Smart Transportation Division Staff Retiree Health Fund is a nonprofit organization based in North Olmsted, Ohio. Its primary mission is to provide retirement health benefits for eligible participants and their beneficiaries. Operating as a fraternal beneficiary society and voluntary employees association, they generated an annual revenue of $1,996,292. The organization's activities are focused on ensuring the financial well-being of retired individuals by offering relevant health benefits.

Is Smart Transportation Division Staff Retiree Health Fund legitimate?

Smart Transportation Division Staff Retiree Health Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Smart Transportation Division Staff Retiree Health Fund 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 Smart Transportation Division Staff Retiree Health Fund?

The Smart Transportation Division Staff Retiree Health Fund's primary objective is to provide funding for retiree health benefits for eligible participants and their beneficiaries. Operating as a fraternal beneficiary society and voluntary employees association, this organization aims to support the health needs of its members in their retirement years. While specific details about the organization's advocacy or additional activities were not provided, the primary focus is on ensuring the financial well-being of its retirees in terms of healthcare benefits.

Who is the CEO of Smart Transportation Division Staff Retiree Health Fund?

Jeremy Ferguson is the Trustee of Smart Transportation Division Staff Retiree Health Fund.

What is the revenue of Smart Transportation Division Staff Retiree Health Fund?

Smart Transportation Division Staff Retiree Health Fund's revenue in 2022 was $2,323,958.

Who are the executives of Smart Transportation Division Staff Retiree Health Fund and what are their salaries?


Here are 3 key members and their salaries:


Joseph Sellers Jr (Trustee)
  • Compensation: $0
  • Related: $487,128
  • Other: $49,148
Joseph Powell (Trustee)
  • Compensation: $0
  • Related: $429,522
  • Other: $48,247
Jeremy Ferguson (Trustee)
  • Compensation: $0
  • Related: $364,256
  • Other: $65,285
Where can I find the form 990 for Smart Transportation Division Staff Retiree Health Fund?

Smart Transportation Division Staff Retiree Health Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Smart Transportation Division Staff Retiree Health Fund

The Smart Transportation Division Staff Retiree Health Fund, functioning as a fraternal beneficiary society and voluntary employees association, is dedicated to providing retiree health benefits for eligible participants and their beneficiaries. This nonprofit organization generates revenue to support its mission, as demonstrated by its annual income of $1,996,292. By operating in this capacity, the Smart Transportation Division Staff Retiree Health Fund plays a crucial role in ensuring the well-being of retirees, providing them with essential health benefits that they may not otherwise have access to. The fund's mission is centered around supporting those who have contributed to the transportation industry throughout their careers, ensuring they can enjoy a comfortable retirement with peace of mind.

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Impact




October, 2024

The Smart Transportation Division Staff Retiree Health Fund plays a critical role in providing financial support for retiree health benefits for eligible participants and their beneficiaries. By ensuring access to necessary health care services, the fund enhances the quality of life for retirees, enabling them to manage their health needs effectively during retirement.

Located in North Olmsted, OH, the fund reported total revenues of $1,996,292 last year, indicating a robust capacity to fulfill its mission. The fund operates within a framework of fraternal beneficiary societies and voluntary employee associations, fostering a sense of community and mutual aid among its members. This support not only alleviates financial burdens associated with healthcare but also reinforces the importance of solidarity and collaboration among those who have dedicated their careers to the transportation sector. Through its efforts, the Smart Transportation Division Staff Retiree Health Fund significantly impacts the lives of retirees, ensuring their well-being and security in their post-employment years.




This information is meant to be a general summary of Smart Transportation Division Staff Retiree Health Fund. 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
$2,323,958 (2022)
Expenses
$1,590,148 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $101,102
  • Program Service Revenue: $2,222,856
  • Gross Receipts: $2,663,377

Assets and Liabilities:

  • Total Assets: $4,719,998
  • Total Liabilities: $10,000
  • Net Assets: $4,709,998

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

EMPLOYER CONTRIBUTIONS

Revenue

$1,852,476

EMPLOYEE CONTRIBUTIONS

Revenue

$370,380

Organization Details

Founding Year

2019

Principal Officer

Jeremy Ferguson

Main Address

6060 ROCKSIDE WOODS BLVD, INDEPENDENCE, OH, 44131

NTEE Category

Code: Y43 - Mutual benefit

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