Overview
What is Revolutionary Medical Trust?
The Revolutionary Medical Trust is a charitable trust, established in January 2020, by its trustees. It functions as a multi-employer benefit plan, based in Glendale, California, specifically located at 1000 North Central Avenue 400. The trust's primary mission is to offer health and welfare benefits to participants, with the employers contributing on their behalf in accordance with their collective bargaining agreements. The trust's purpose is to ensure that eligible individuals receive essential benefits to enhance their overall wellbeing.
Is Revolutionary Medical Trust legitimate?
Revolutionary Medical Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Revolutionary Medical 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Revolutionary Medical Trust?
The Revolutionary Medical Trust is a multi-employer benefit plan established on January 3, 2020, by its trustees. Its primary mission is to provide health and welfare benefits to participants, for whom employers contribute to the plan in accordance with their collective bargaining agreements. The trust aims to improve the well-being of these individuals by ensuring they have access to essential health benefits. Employers' contributions enable the trust to offer a range of health and welfare benefits to its participants. The trust's commitment extends to ensuring that the participants receive these benefits in accordance with their bargaining agreements.
Who is the CEO of Revolutionary Medical Trust?
Eric Tate is the Chairman of Revolutionary Medical Trust.
What is the revenue of Revolutionary Medical Trust?
Revolutionary Medical Trust's revenue in 2022 was $38,784,597.
Who are the executives of Revolutionary Medical Trust and what are their salaries?
There 4 volunteers at Revolutionary Medical Trust.
Here are 4 key members and their salaries:
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Where can I find the form 990 for Revolutionary Medical Trust?
Revolutionary Medical Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Revolutionary Medical Trust
Revolutionary Medical Trust, a trust established on January 3, 2020, is committed to delivering health and welfare benefits to participants. This organization, formed by trustees, functions as a multi-employer benefit plan, providing essential benefits to individuals for whom employers make contributions, consistent with their collective bargaining agreements. The trust's primary objective is to enhance the well-being of its participants by offering a comprehensive range of health and welfare benefits. Employers contribute to the plan according to their agreements, allowing the trust to fulfill its mission effectively.
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Impact
October, 2024
Revolutionary Medical Trust significantly impacts the health and welfare of participants by ensuring access to essential benefits funded by their employers. Established on January 3, 2020, this multi-employer benefit plan operates in accordance with collective bargaining agreements, allowing diverse employers to contribute towards the health and welfare needs of their workforce. By pooling resources, the Trust enhances the quality of healthcare available to its participants, fostering a healthier and more secure community in Glendale, CA and beyond. This initiative not only provides critical medical resources but also supports the economic well-being of individuals and families reliant on these benefits, thus strengthening the overall fabric of the workforce.
This information is meant to be a general summary of Revolutionary Medical 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.
- Program Service Revenue: $38,784,597
- Gross Receipts: $38,784,597
Assets and Liabilities:
- Total Assets: $723,534
- Total Liabilities: $315,267
- Net Assets: $408,267
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$38,566,530
INCOME FROM HRA FORFEITURE
Revenue
$191,660
COBRA CONTRIBUTIONS
Revenue
$26,407
Organization Details
Founding Year
2020
Phone
(818) 243-0222Principal Officer
Eric Tate
Main Address
1000 NORTH CENTRAL AVENUE 400, GLENDALE, CA, 91202
NTEE Category
Code: Y40 - Mutual benefit
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