Overview
What is Howard Hughes Medical Institute Retiree Welfare Benefit Plan Trust?
The Howard Hughes Medical Institute Retiree Welfare Benefit Plan Trust is a nonprofit organization situated in Chevy Chase, Maryland. Its primary mission is to offer health, life, and employee assistance benefits to eligible retirees and their dependents from the Howard Hughes Medical Institute (HHMI). Established to provide retiree welfare benefits, the trust includes medical, prescription drug, dental, and vision coverage as part of its comprehensive offerings. This nonprofit aims to support the well-being of HHMI retirees and their families, ensuring they have access to necessary healthcare services during their retirement years.
Is Howard Hughes Medical Institute Retiree Welfare Benefit Plan Trust legitimate?
Howard Hughes Medical Institute Retiree Welfare Benefit Plan Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Howard Hughes Medical Institute Retiree Welfare Benefit 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: $48,368
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Howard Hughes Medical Institute Retiree Welfare Benefit Plan Trust?
The Howard Hughes Medical Institute Retiree Welfare Benefit Plan Trust was established with the mission to provide comprehensive welfare benefits to eligible retirees and their dependents. This includes medical, prescription drug, dental, and vision coverage. The primary goal of the trust is to ensure the well-being of retired employees from the Howard Hughes Medical Institute by offering these essential benefits. The trust aims to fulfill its mission, providing retirees with the necessary support to maintain their health and quality of life post-retirement.
Who is the CEO of Howard Hughes Medical Institute Retiree Welfare Benefit Plan Trust?
Unavailable
What is the revenue of Howard Hughes Medical Institute Retiree Welfare Benefit Plan Trust?
Howard Hughes Medical Institute Retiree Welfare Benefit Plan Trust's revenue in 2022 was $9,614,035.
Who are the executives of Howard Hughes Medical Institute Retiree Welfare Benefit Plan Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $48,368
- Related: $0
- Other: $0
Where can I find the form 990 for Howard Hughes Medical Institute Retiree Welfare Benefit Plan Trust?
Howard Hughes Medical Institute Retiree Welfare Benefit Plan Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Howard Hughes Medical Institute Retiree Welfare Benefit Plan Trust
The Howard Hughes Medical Institute Retiree Welfare Benefit Plan Trust is committed to providing essential welfare benefits to eligible retirees and their dependents. Established with the primary objective of offering retiree welfare benefits, this organization provides medical, prescription drug, dental, and vision coverage to retirees of the Howard Hughes Medical Institute and their eligible dependents. By accomplishing its primary exempt purpose, the Howard Hughes Medical Institute Retiree Welfare Benefit Plan Trust aims to contribute positively to the well-being and health of its beneficiaries, ensuring they maintain a decent standard of living during their retirement years.
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Impact
October, 2024
The Howard Hughes Medical Institute Retiree Welfare Benefit Plan Trust plays a crucial role in enhancing the quality of life for eligible retirees and their dependents. By providing comprehensive health, life, and employee assistance plan benefits, the Trust ensures that retirees have access to essential medical services, including prescription drugs, dental, and vision coverage. This support not only alleviates financial burdens associated with healthcare but also contributes to the overall well-being of retirees, fostering a sense of security and peace of mind during their retirement years. In essence, the Trust's impact is significant in creating a supportive environment for former employees and their families, allowing them to maintain their health and community connections post-retirement.
This information is meant to be a general summary of Howard Hughes Medical Institute Retiree Welfare Benefit 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: $586,625
- Program Service Revenue: $8,041,911
- Gross Receipts: $9,614,035
Assets and Liabilities:
- Total Assets: $39,245,032
- Total Liabilities: $184,842
- Net Assets: $39,060,190
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPONSOR CONTRIBUTIONS
Revenue
$6,000,000
RETIREE CONTRIBUTIONS
Revenue
$2,041,911
Organization Details
Founding Year
2019
Phone
(301) 215-8500Main Address
4000 Jones Bridge Road, Chevy Chase, MD, 20815
NTEE Category
Code: Y44 - Mutual benefit
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