Overview
What is Communications Test Design Inc Retiree Medical Insurance Plan?
Communications Test Design Inc. Retiree Medical Insurance Plan is a nonprofit organization with a mission to offer permissible health and welfare benefits to its eligible retirees. They have established an employer-contribution VEBa trust, as per 501 (c)(9), to provide these benefits. This plan aims to ensure the continuity of medical coverage for its retirees, offering them financial assistance during their post-employment years.
Is Communications Test Design Inc Retiree Medical Insurance Plan legitimate?
Communications Test Design Inc Retiree Medical Insurance Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Communications Test Design Inc Retiree Medical Insurance Plan 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: $53,531
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Communications Test Design Inc Retiree Medical Insurance Plan?
The Communications Test Design Inc Retiree Medical Insurance Plan has set up an employer-contribution VEBa trust with a mission to provide eligible retirees with permissible health and welfare benefits, as stipulated under section 501(c)(9). This plan aims to offer retiree medical benefits, ensuring the well-being of its retirees post-employment. The VEBa trust serves as the financial source for these benefits, ensuring the continuity of healthcare coverage for eligible retirees.
Who is the CEO of Communications Test Design Inc Retiree Medical Insurance Plan?
Unavailable
What is the revenue of Communications Test Design Inc Retiree Medical Insurance Plan?
Communications Test Design Inc Retiree Medical Insurance Plan's revenue in 2022 was $74,500.
Who are the executives of Communications Test Design Inc Retiree Medical Insurance Plan and what are their salaries?
There is 1 key member and their salary:
- Compensation: $53,531
- Related: $0
- Other: $0
Where can I find the form 990 for Communications Test Design Inc Retiree Medical Insurance Plan?
Communications Test Design Inc Retiree Medical Insurance Plan's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Communications Test Design Inc Retiree Medical Insurance Plan
Communications Test Design Retiree Medical Insurance Plan, in essence, is committed to providing retiree medical benefits. Establishing an employer-contribution VEBAs trust under section 501(c)(9), the plan aims to offer eligible retirees permissible health and welfare benefits, derived from this trust. In simple terms, the mission of Communications Test Design Retiree Medical Insurance Plan is to safeguard the health needs of its retirees by providing them with necessary medical benefits, funded by the company's contributions.
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Impact
October, 2024
The Communications Test Design Inc Retiree Medical Insurance Plan significantly impacts the well-being of its eligible retirees by providing essential health and welfare benefits. By establishing an employer-contribution VEBA (Voluntary Employees' Beneficiary Association) trust, the plan ensures that retirees have access to medical coverage that can alleviate the financial burden associated with healthcare costs in retirement. This support enhances retirees' quality of life, allowing them to manage healthcare needs without excessive out-of-pocket expenses. As a result, the plan fosters a sense of security and stability among retirees, reinforcing their overall well-being and enabling them to focus on their post-employment lives with less financial stress.
This information is meant to be a general summary of Communications Test Design Inc Retiree Medical Insurance Plan. 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.
- Investment Income: $74,500
- Gross Receipts: $6,158,765
Assets and Liabilities:
- Total Assets: $10,652,656
- Total Liabilities: $0
- Net Assets: $10,652,656
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Organization Details
Founding Year
2004
Phone
(610) 793-8103Main Address
1373 ENTERPRISE DRIVE, WEST CHESTER, PA, 19380
NTEE Category
Code: Y43 - Mutual benefit
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