Medical Benefits Plan For Retired Physicians And Salaried Employees

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

EIN: 942968245 ✦ North quincy, MA ✦ Designated as a 501(c)(9)

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Overview

What is Medical Benefits Plan For Retired Physicians And Salaried Employees?

The Medical Benefits Plan for Retired Physicians and Salaried Employees is a nonprofit organization designed to offer medical benefits to retired physicians, salaried employees, and their eligible dependents affiliated with the Permanente Medical Group, Inc. The plan's primary mission is to provide financial assistance for healthcare needs directly to its members. This initiative aims to ensure these individuals maintain their well-being post-retirement or employment, ensuring a continuum of healthcare coverage.

Is Medical Benefits Plan For Retired Physicians And Salaried Employees legitimate?

Medical Benefits Plan For Retired Physicians And Salaried Employees is a legitimate nonprofit organization registered as a 501(c)(9) entity. Medical Benefits Plan For Retired Physicians And Salaried Employees 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: $12,323
Professional Fundraising Fees: $0
Other Salaries and Wages: $96

For more financial information, click here

What is the mission statement of Medical Benefits Plan For Retired Physicians And Salaried Employees?

The Medical Benefits Plan for Retired Physicians and Salaried Employees is committed to providing medical benefits for the retired physicians, salaried employees, and their eligible dependents of the Permanente Medical Group, Inc. Their mission is centered around offering programs that directly pay medical benefits to the plan members, ensuring they maintain their health and wellbeing in retirement. The plan aims to provide a comprehensive coverage solution, ensuring retired medical professionals and employees have access to necessary medical care. The organization's activities focus on delivering medical benefits, thereby enhancing the quality of life for its members.

Who is the CEO of Medical Benefits Plan For Retired Physicians And Salaried Employees?

State Street Bank is the Trustee of Medical Benefits Plan For Retired Physicians And Salaried Employees.

What is the revenue of Medical Benefits Plan For Retired Physicians And Salaried Employees?

Medical Benefits Plan For Retired Physicians And Salaried Employees's revenue in 2022 was $45,475.

Who are the executives of Medical Benefits Plan For Retired Physicians And Salaried Employees and what are their salaries?


There is 1 key member and their salary:


State Street Bank Trust Comp (Trustee)
  • Compensation: $12,323
  • Related: $0
  • Other: $0
Where can I find the form 990 for Medical Benefits Plan For Retired Physicians And Salaried Employees?

Medical Benefits Plan For Retired Physicians And Salaried Employees's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Medical Benefits Plan For Retired Physicians And Salaried Employees

The Medical Benefits Plan for Retired Physicians and Salaried Employees, as its name suggests, is dedicated to providing medical benefits for retired physicians, salaried employees, and their eligible dependents who are part of the Permanente Medical Group, Inc. This nonprofit organization's primary mission is to offer a range of medical benefits programs directly to its members, ensuring they receive the necessary healthcare support during their retirement or post-employment phase. The plan's activities are focused on providing financial assistance to help members manage their medical expenses, thereby ensuring their overall health and well-being.

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Impact




October, 2024

The Medical Benefits Plan for Retired Physicians and Salaried Employees significantly impacts the healthcare landscape for its members by ensuring a stable and comprehensive safety net for retired physicians, salaried employees, and their eligible dependents affiliated with the Permanente Medical Group, Inc. This plan directly contributes to the well-being of its members by providing essential medical benefits that address their unique healthcare needs as they transition into retirement.

By offering programs that pay benefits directly to members, the plan alleviates financial burdens and enhances access to necessary medical services. This support is vital for retired professionals who may face increased healthcare challenges as they age. Moreover, the focus on eligible dependents underscores the plan’s commitment to family health, promoting a holistic approach to wellness.

In addition to individual health benefits, the plan fosters a sense of community and mutual support among its members, creating a network of healthcare professionals who share similar experiences and challenges. Overall, the Medical Benefits Plan plays a crucial role in safeguarding the health and financial security of retired physicians and salaried employees, allowing them to enjoy their retirement years with peace of mind regarding their healthcare needs.




This information is meant to be a general summary of Medical Benefits Plan For Retired Physicians And Salaried Employees. 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
$45,475 (2022)
Expenses
$1,428,365 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $45,475
  • Gross Receipts: $1,648,997

Assets and Liabilities:

  • Total Assets: $4,082,403
  • Total Liabilities: $0
  • Net Assets: $4,082,403

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Organization Details

Founding Year

1994

Principal Officer

State Street Bank

Main Address

1776 HERITAGE DRIVE 3RD FLOOR, NORTH QUINCY, MA, 02171

NTEE Category

Code: Y40 - Mutual benefit

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