Overview
What is Mcii Benefit Plans Trust?
Mcii Benefit Plans Trust is a trust fund based in Des Plaines, Illinois, with an address at 200 East Oakton Street. Its primary function is to dispense health and welfare benefits to eligible full-time employees, North Dakota bargaining unit employees, and their covered dependents, as directed by the plan administrator. The trust has served a total of 462 participants throughout the year, as noted at the end of 2020. The trust's activities aim to provide financial support and benefits to its participants.
Is Mcii Benefit Plans Trust legitimate?
Mcii Benefit Plans Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Mcii Benefit Plans 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
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What is the mission statement of Mcii Benefit Plans Trust?
The Mcii Benefit Plans Trust is established with the mission to provide health and welfare benefits for eligible full-time employees, North Dakota bargaining unit employees, and their dependents. The trust carries out this mission by making payments to the claims administrator, insurance companies, or directly to the employees or their dependents, as directed by the plan administrator. The trust served a total of 462 participants in 2020. The primary goal of this trust is to offer health and welfare benefits support, ensuring financial assistance for the specified group of individuals.
Who is the CEO of Mcii Benefit Plans Trust?
Pipasu Soni is the Former Trustee of Mcii Benefit Plans Trust.
What is the revenue of Mcii Benefit Plans Trust?
Mcii Benefit Plans Trust's revenue in 2020 was $6,361,748.
Who are the executives of Mcii Benefit Plans Trust and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $417,469
- Other: $0
- Compensation: $0
- Related: $360,238
- Other: $0
- Compensation: $0
- Related: $231,321
- Other: $0
Where can I find the form 990 for Mcii Benefit Plans Trust?
Mcii Benefit Plans Trust's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of Mcii Benefit Plans Trust
Mcii Benefit Plans Trust is a trust established with the primary objective of providing health and welfare benefits to eligible full-time employees and North Dakota bargaining unit employees of its sponsor, as well as their covered dependents. The trust's mission involves making payments from its trust fund to various entities, including the claims administrator, insurance company, covered employees, or their dependents, as directed by the plan administrator. The trust served a total of 462 participants during the year 2020, highlighting its active role in providing these benefits. In essence, Mcii Benefit Plans Trust serves as a financial vehicle to cater to the health and welfare needs of its specified beneficiaries.
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Impact
October, 2024
Mcii Benefit Plans Trust positively impacts its participants by providing essential health and welfare benefits to eligible full-time employees and North Dakota bargaining unit employees, along with their covered dependents. By facilitating payments out of the trust fund as per the plan administrator's directives, the trust ensures that participants receive the necessary support for their health-related needs.
Throughout 2020, the trust served a total of 462 participants, highlighting its role in enhancing the well-being of individuals and families who rely on these benefits. By addressing various claims through coordinated payments to claims administrators or insurance companies, the trust reinforces a sense of security and support for employees during times of need. This structured assistance not only fosters a healthier workforce but also contributes to employee satisfaction and stability within the organization.
This information is meant to be a general summary of Mcii Benefit Plans 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 2020.
- Program Service Revenue: $6,361,748
- Gross Receipts: $6,361,748
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Employer Contributions
Revenue
$5,539,884
Participant Contributions
Revenue
$821,864
Organization Details
Founding Year
1993
Phone
(210) 517-2230Principal Officer
Pipasu Soni
Main Address
200 East Oakton Street, Des Plaines, IL, 60018
NTEE Category
Code: Y20 - Mutual benefit
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