Kci Holding Usa Employee Health Care Plan Trust

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

EIN: 856753887 ✦ Springfield, OH ✦ Designated as a 501(c)(9)

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Overview

What is Kci Holding Usa Employee Health Care Plan Trust?

Kci Holding Usa Employee Health Care Plan Trust is a nonprofit organization established as a Voluntary Employees' Benefit Association (VEBA) trust, headquartered in Springfield, Ohio. The trust's primary mission is to offer one or more welfare benefit plans for eligible employees, focusing on their health and wellbeing. By providing these plans, the trust aims to enhance the overall wellness of Kci Holding Usa's workforce.

What are the reviews and ratings of this charity?

The Kci Holding Usa Employee Health Care Plan Trust is not currently rated by Charity Navigator, primarily because it is not a 501(c)(3) registered nonprofit. This classification is necessary for organizations to be evaluated under Charity Navigator's Accountability & Finance, Impact & Measurement, Culture & Community, and Leadership & Adaptability metrics. As such, the absence of a rating does not imply any specific credibility or performance issues; rather, it reflects a lack of evaluable data.

Charity Navigator's evaluation system requires comprehensive data that typically comes from IRS-registered 501(c)(3) forms. Since Kci Holding Usa Employee Health Care Plan Trust falls outside these parameters, there is no available information on its financial activities, governance, or executive salaries. The organization's independent status also means it operates without any formal affiliations that might offer further insights into its practices.

User reviews from GreatNonprofits are not available, leaving a gap in anecdotal sentiment or community feedback about the organization's performance and impact. Without this layer of public insight, forming a holistic view of the organization based on external ratings and reviews is currently not possible.


This AI summary has been generated from information found on Charity Navigator.

Is Kci Holding Usa Employee Health Care Plan Trust legitimate?

Kci Holding Usa Employee Health Care Plan Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Kci Holding Usa Employee Health Care 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Kci Holding Usa Employee Health Care Plan Trust?

The Kci Holding Usa Employee Health Care Plan Trust is established as a Section 501(C)(9) VEBA trust, with a mission to provide one or more welfare benefit plans for eligible employees. The Trust prioritizes offering health care benefits to those who meet the eligibility criteria. The primary objective is to ensure the well-being of the employees by granting access to essential health care plans. The Trust serves as a vital resource for the workforce, contributing to their overall health and financial security. Additionally, the trust may offer a range of plans to cater to the diverse needs of its beneficiaries.

Who is the CEO of Kci Holding Usa Employee Health Care Plan Trust?

Steven Mayes is the Trustee of Kci Holding Usa Employee Health Care Plan Trust.

What is the revenue of Kci Holding Usa Employee Health Care Plan Trust?

Kci Holding Usa Employee Health Care Plan Trust's revenue in 2022 was $34,554,855.

Who are the executives of Kci Holding Usa Employee Health Care Plan Trust and what are their salaries?


There is 1 key member and their salary:


Matrix Trust Company (Trustee)
  • Compensation: $150,677
  • Related: $0
  • Other: $0
Where can I find the form 990 for Kci Holding Usa Employee Health Care Plan Trust?

Kci Holding Usa Employee Health Care Plan Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Kci Holding Usa Employee Health Care Plan Trust

Kci Holding Usa Employee Health Care Plan Trust is a Section 501(c)(9) VEBA trust, which was established with the mission to provide one or more welfare benefit plans for the advantages of eligible employees. In simpler terms, this nonprofit organization serves to offer health care benefits to eligible employees of Kci Holding Usa. The trust is exclusively dedicated to this purpose, ensuring that the employees have access to essential health care services and plans. Through its noble endeavors, Kci Holding Usa Employee Health Care Plan Trust aims to enhance the overall well-being and quality of life for its beneficiaries. The trust's commitment to employee welfare is unwavering, as it works diligently to make health care coverage accessible and affordable for those who need it the most. By providing welfare benefit plans, this organization plays a crucial role in maintaining the physical and emotional wellness of the workforce, ultimately contributing to a healthier and more productive work environment.

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Impact




October, 2024

Kci Holding Usa Employee Health Care Plan Trust plays a crucial role in enhancing the welfare of eligible employees through its structured benefit plans. By implementing a VEBA (Voluntary Employee Beneficiary Association) trust, it ensures that employees have access to comprehensive health care benefits. This initiative not only promotes employee well-being but also fosters a supportive work environment that can lead to increased job satisfaction and productivity.

The trust's focus on providing welfare benefit plans aligns with the needs of employees, ensuring that they have financial protection against health-related expenses. This can significantly alleviate the stress associated with medical costs, enabling employees to focus more on their work and personal lives. By prioritizing the health and welfare of its members, the trust contributes to the overall stability and morale of the workforce.

Moreover, the existence of such a trust indicates a commitment to mutual benefit, where both employees and the organization can thrive. It can enhance recruitment and retention efforts by offering valuable health benefits, making the organization more attractive to potential employees. Ultimately, Kci Holding Usa Employee Health Care Plan Trust serves as a vital resource, promoting health security and fostering a culture of care within the organization.




This information is meant to be a general summary of Kci Holding Usa Employee Health Care 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.

Revenue
$34,554,855 (2022)
Expenses
$28,336,384 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $7,285
  • Program Service Revenue: $34,547,570
  • Gross Receipts: $34,554,855

Assets and Liabilities:

  • Total Assets: $6,218,479
  • Total Liabilities: $0
  • Net Assets: $6,218,479

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Programs

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

PLAN CONTRIBUTIONS

Revenue

$34,547,570

Organization Details

Founding Year

2020

Principal Officer

Steven Mayes

Main Address

4401 GATEWAY BLVD, SPRINGFIELD, OH, 45502

NTEE Category

Code: Y43 - Mutual benefit

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