Truckee Meadows Water Authority Post-Retirement Medical Plan & Trust

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

EIN: 870768820 ✦ Reno, NV ✦ Designated as a 501(c)(9)

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Overview

What is Truckee Meadows Water Authority Post-Retirement Medical Plan & Trust?

The Truckee Meadows Water Authority Post-Retirement Medical Plan & Trust is a nonprofit organization based in Reno, Nevada. Their primary mission is to offer post-employment group health and life insurance benefits to eligible retiree participants and future active employees of the plan sponsor. These benefits include medical, dental, vision, accidental death and dismemberment (AD&D), and life insurance coverage. The plan currently serves approximately 66 retiree participants and has provisions for an additional 155 active employees in the future. The organization's purpose is to ensure these individuals have access to these vital benefits when needed, in accordance with the Truckee Meadows Water Authority's compensation policies.

Is Truckee Meadows Water Authority Post-Retirement Medical Plan & Trust legitimate?

Truckee Meadows Water Authority Post-Retirement Medical Plan & Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Truckee Meadows Water Authority Post-Retirement Medical 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 Truckee Meadows Water Authority Post-Retirement Medical Plan & Trust?

The Truckee Meadows Water Authority Post-Retirement Medical Plan & Trust is committed to ensuring that eligible retiree participants have access to necessary post-employment group health and life insurance benefits. This includes medical, dental, vision, accidental death and dismemberment (AD&D), and life insurance coverage, as per the TMWA-approved compensation policy. The plan aims to provide these benefits when and if needed by the retiree participants. Currently, the plan benefits approximately 66 eligible retirees, with an additional 155 active employees set to become eligible in the future. The trust's mission is centered around ensuring the well-being and financial security of its eligible retiree participants post-employment.

Who is the CEO of Truckee Meadows Water Authority Post-Retirement Medical Plan & Trust?

Matt Bowman is the Trustee of Truckee Meadows Water Authority Post-Retirement Medical Plan & Trust.

What is the revenue of Truckee Meadows Water Authority Post-Retirement Medical Plan & Trust?

Truckee Meadows Water Authority Post-Retirement Medical Plan & Trust's revenue in 2022 was $111,229.

Who are the executives of Truckee Meadows Water Authority Post-Retirement Medical Plan & Trust and what are their salaries?


Here are 5 key members and their salaries:


James Weingart (Trustee)
  • Compensation: $0
  • Related: $184,175
  • Other: $57,266
Juan Esparza (Trustee)
  • Compensation: $0
  • Related: $146,305
  • Other: $67,290
Matt Bowman (Chairman (From March))
  • Compensation: $0
  • Related: $179,593
  • Other: $85,702
Michele Sullivan (Chairman (Through March))
  • Compensation: $0
  • Related: $54,301
  • Other: $15,641
Steve Enos (Vice Chairman)
  • Compensation: $0
  • Related: $109,964
  • Other: $49,832
Where can I find the form 990 for Truckee Meadows Water Authority Post-Retirement Medical Plan & Trust?

Truckee Meadows Water Authority Post-Retirement Medical Plan & Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Truckee Meadows Water Authority Post-Retirement Medical Plan & Trust

The Truckee Meadows Water Authority Post-Retirement Medical Plan & Trust is committed to a mission that prioritizes the well-being of eligible retiree participants. This mission is centered around providing post-employment group health and life insurance benefits, ensuring these individuals have access to necessary medical, dental, vision, accidental death and dismemberment (AD&D), and life insurance coverage when required. The plan, in alignment with the approved compensation policy of the plan sponsor, aims to support these retirees during their post-employment phase, catering to the needs of approximately 66 retirees currently, with an additional 155 active employees anticipated to become eligible in the future (excluding dependents).

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Impact




October, 2024

Truckee Meadows Water Authority Post-Retirement Medical Plan & Trust significantly impacts retirees by providing essential post-employment group health and life insurance benefits. This support includes a comprehensive range of services such as medical, dental, vision, accidental death and dismemberment (AD&D), and life insurance, ensuring that eligible retiree participants have access to critical healthcare and financial protection as they transition out of the workforce.

With approximately 66 eligible retirees currently benefitting from these services, along with 155 active employees who will be eligible in the future, the plan creates a safety net that enhances the quality of life for those who have dedicated their careers to public service. By fulfilling the mission of securing access to vital health benefits, the Truckee Meadows Water Authority Post-Retirement Medical Plan & Trust fosters peace of mind among retirees, enabling them to focus on their health and well-being without the added stress of financial uncertainty related to medical expenses.

This program not only underscores the importance of supporting former employees but also strengthens the community's commitment to mutual benefit and care for its members. Through these initiatives, the authority helps to ensure that retirees can maintain their health and dignity in their later years, contributing to a more stable and resilient community in Reno, Nevada.




This information is meant to be a general summary of Truckee Meadows Water Authority Post-Retirement Medical 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
$111,229 (2022)
Expenses
$391,629 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $111,229
  • Gross Receipts: $287,154

Assets and Liabilities:

  • Total Assets: $13,545,063
  • Total Liabilities: $119,292
  • Net Assets: $13,425,771

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Organization Details

Founding Year

2007

Principal Officer

Matt Bowman

Main Address

PO Box 30013, Reno, NV, 895203013

NTEE Category

Code: Y44 - Mutual benefit

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