Roman Catholic Diocese Of Portland Diocesan Priests' Medical Benefits Trust

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

EIN: 844223462 ✦ Portland, ME ✦ Designated as a 501(c)(9)

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Overview

What is Roman Catholic Diocese Of Portland Diocesan Priests' Medical Benefits Trust?

The Roman Catholic Diocese Of Portland Diocesan Priests' Medical Benefits Trust is a nonprofit organization, specifically a tax-exempt employee benefit trust, based in Portland, Maine. Its primary mission is to offer welfare benefits to active and retired Roman Catholic priests who are incardinated in the Diocese, serving outside the Diocese, or part of a religious order or community with a Diocesan assignment. The Trust provides comprehensive medical, dental, vision, and pharmacy benefits to its members through a self-funded group health plan. All eligible priests, both active and retired, have access to these benefits. The Trust's purpose is solely dedicated to receiving, holding, investing, and distributing employer contributions for these benefits, serving as a vital support system for the Diocese's clergy.

Is Roman Catholic Diocese Of Portland Diocesan Priests' Medical Benefits Trust legitimate?

Roman Catholic Diocese Of Portland Diocesan Priests' Medical Benefits Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Roman Catholic Diocese Of Portland Diocesan Priests' Medical Benefits 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: $5,425
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Roman Catholic Diocese Of Portland Diocesan Priests' Medical Benefits Trust?

The Roman Catholic Diocese Of Portland Diocesan Priests' Medical Benefits Trust is established with a mission to offer health benefits for eligible active and retired priests within the Diocese. This tax-exempt employee benefit trust primarily aims to receive, hold, and invest contributions from the Roman Catholic Bishop of Portland to fund welfare benefits for its members. The Trust's primary activity involves providing medical, dental, vision, and pharmacy benefits to its members through a self-funded group health plan. The eligibility criteria for these benefits extend to any Roman Catholic Priest incardinated in the Diocese, whether active or retired, as well as priests serving outside the Diocese or belonging to religious orders or communities with Diocesan assignments. The Trust's sole purpose is to ensure the maintenance and provision of these welfare benefits, promoting the overall health and well-being of its member priests.

Who is the CEO of Roman Catholic Diocese Of Portland Diocesan Priests' Medical Benefits Trust?

Scott Graff is the Trustee of Roman Catholic Diocese Of Portland Diocesan Priests' Medical Benefits Trust.

What is the revenue of Roman Catholic Diocese Of Portland Diocesan Priests' Medical Benefits Trust?

Roman Catholic Diocese Of Portland Diocesan Priests' Medical Benefits Trust's revenue in 2022 was $1,399,787.

Who are the executives of Roman Catholic Diocese Of Portland Diocesan Priests' Medical Benefits Trust and what are their salaries?

There 1 volunteer at Roman Catholic Diocese Of Portland Diocesan Priests' Medical Benefits Trust.


Here are 13 key members and their salaries:


Elizabeth Allen (Trustee)
  • Compensation: $0
  • Related: $106,773
  • Other: $22,054
Nicholas Paquette (Trustee (End 12/2021))
  • Compensation: $0
  • Related: $94,832
  • Other: $44,488
Scott Graff (Trustee; Rcbp Cfo)
  • Compensation: $0
  • Related: $172,664
  • Other: $18,993
Nancy Lombardi (Trustee)
  • Compensation: $0
  • Related: $73,990
  • Other: $20,057
Rev Robert P Deeley (Ex-Officio President)
  • Compensation: $0
  • Related: $45,424
  • Other: $39,375
Rev Phillip A Tracy (Trustee)
  • Compensation: $0
  • Related: $34,395
  • Other: $24,081
Rev Edward R Clifford (Trustee)
  • Compensation: $0
  • Related: $30,210
  • Other: $24,081
Rev Msgr Paul F Stefanko (Chairperson)
  • Compensation: $0
  • Related: $29,210
  • Other: $12,210
Rev Msgr Marc Caron (Trustee)
  • Compensation: $0
  • Related: $35,295
  • Other: $24,081
Sr Rita-Mae Bissonnette Rsr (Secretary)
  • Compensation: $0
  • Related: $30,171
  • Other: $0
Gregg Ginn (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Bernier (Trustee)
  • Compensation: $0
  • Related: $73,901
  • Other: $4,200
Advisors Private Wealth Trust (Institutional Trustee)
  • Compensation: $5,425
  • Related: $0
  • Other: $0
Where can I find the form 990 for Roman Catholic Diocese Of Portland Diocesan Priests' Medical Benefits Trust?

Roman Catholic Diocese Of Portland Diocesan Priests' Medical Benefits Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Roman Catholic Diocese Of Portland Diocesan Priests' Medical Benefits Trust

The Roman Catholic Diocese of Portland Diocesan Priests' Medical Benefits Trust is a tax-exempt organization, established with the primary mission of providing health benefits to eligible active and retired priests within the Diocese. This trust operates as a voluntary employees' beneficiary association, with the sole purpose of receiving, holding, and investing employer contributions to fund welfare benefits for the Roman Catholic Bishop of Portland's employees.

The Trust's exempt purpose is the maintenance and provision of medical, dental, vision, and pharmacy benefits to its members through a self-funded group health plan. Eligibility for these benefits is extended to any Roman Catholic Priest incardinated in the Diocese, whether active or retired, as well as priests incardinated in the Diocese and serving outside of it, and priests who are part of a religious order or community, serving in a Diocesan assignment. All members of the association are eligible for these benefits, and the Trust dedicates all of its time, expenses, and resources towards the fulfillment of this mission.

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Impact




October, 2024

The Roman Catholic Diocese of Portland Diocesan Priests' Medical Benefits Trust plays a vital role in supporting the health and well-being of eligible priests within the Diocese. By providing comprehensive medical, dental, vision, and pharmacy benefits, the Trust ensures that both active and retired priests receive essential healthcare resources that contribute to their overall quality of life.

The Trust functions as a self-funded group health plan, managing contributions from the Roman Catholic Bishop of Portland to deliver these welfare benefits. This system allows for tailored support specifically for clergy members, recognizing their unique service to the community and the demanding nature of their vocation. As a result, the Trust not only aids in maintaining the physical health of the priests but also fosters a sense of security and stability within the clergy, enabling them to focus on their spiritual and community responsibilities.

By encompassing all eligible members, including those serving outside the Diocese and those belonging to religious orders, the Trust strengthens the broader network of support for priests, enhancing their ability to serve effectively. Ultimately, the impact of this Trust is significant, creating a sustainable framework for health benefits that honors the dedication of priests and ensures their well-being is prioritized.




This information is meant to be a general summary of Roman Catholic Diocese Of Portland Diocesan Priests' Medical Benefits 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.

Revenue
$1,399,787 (2022)
Expenses
$986,631 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $219,490
  • Program Service Revenue: $1,081,885
  • Gross Receipts: $2,308,482

Assets and Liabilities:

  • Total Assets: $5,648,568
  • Total Liabilities: $18,276
  • Net Assets: $5,630,292

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Programs

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

Medical premiums

Revenue

$629,750

Parish assessments

Revenue

$452,135

Organization Details

Founding Year

2020

Principal Officer

Scott Graff

Main Address

510 Ocean Avenue, Portland, ME, 04103

NTEE Category

Code: Y43 - Mutual benefit

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