Overview
What is Salaried Nummi Retiree Supp Health Plan?
The Salaried Nummi Retiree Supp Health Plan is a supplemental insurance program, established to offer reimbursements for healthcare expenses to retired salaried employees of Nummi, who have served for at least a decade and departed from the company after 1994 at the age of 65 or above. Eligible spouses also benefit from this plan. The primary goal is to provide additional financial support for healthcare-related costs, ensuring that retired Nummi team members can maintain their health and well-being.
Is Salaried Nummi Retiree Supp Health Plan legitimate?
Salaried Nummi Retiree Supp Health Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Salaried Nummi Retiree Supp Health 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: $58,889
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Salaried Nummi Retiree Supp Health Plan?
The Salaried Nummi Retiree Supp Health Plan is designed to offer supplemental health insurance reimbursements. This plan is specifically intended for former employees of Nummi, who served as salaried team members for a minimum of 10 years, retired after 1994 at the age of 65 or above, and their eligible spouses. The primary goal of this plan is to provide additional financial support for their health-related expenses.
Who is the CEO of Salaried Nummi Retiree Supp Health Plan?
Bank Of America N A is the Trustee/Invst Mgr of Salaried Nummi Retiree Supp Health Plan.
What is the revenue of Salaried Nummi Retiree Supp Health Plan?
Salaried Nummi Retiree Supp Health Plan's revenue in 2022 was $43,276.
Who are the executives of Salaried Nummi Retiree Supp Health Plan and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $22,861
- Related: $0
- Other: $0
- Compensation: $36,028
- Related: $0
- Other: $0
Where can I find the form 990 for Salaried Nummi Retiree Supp Health Plan?
Salaried Nummi Retiree Supp Health Plan's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Salaried Nummi Retiree Supp Health Plan
The Salaried Nummi Retiree Supp Health Plan is a mission-driven organization aimed at offering supplemental health insurance reimbursements. This plan is specifically designed for former employees of Nummi, who served as salaried team members for a minimum of ten years, and chose to retire after 1994 at the age of 65 or above. Moreover, the plan extends its benefits to the eligible spouses of these retired employees. The primary goal of the Salaried Nummi Retiree Supp Health Plan is to provide financial assistance in the form of health insurance reimbursements, thereby offering additional support to its beneficiaries in managing their healthcare expenses.
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Impact
October, 2024
The Salaried Nummi Retiree Supplemental Health Plan provides crucial supplemental health insurance reimbursements to former salaried employees of NUMMI who meet specific criteria. By catering to retirees who served a minimum of 10 years and retired after age 65, the plan helps alleviate the financial burdens associated with healthcare costs in retirement.
For retirees, medical expenses can become a significant concern, especially with aging-related health issues. This plan offers a safety net, ensuring that eligible retirees and their spouses have access to additional financial support for their healthcare needs. In doing so, it promotes the well-being and peace of mind of those who dedicated years of service to the organization.
The impact of this supplemental plan extends beyond individual retirees. It fosters a sense of community and loyalty among former employees, reflecting the organization’s commitment to its workforce even after their retirement. By providing this support, the plan acknowledges the contributions of long-serving employees, enhancing their quality of life during retirement and reinforcing positive relationships with the organization. Overall, the plan plays a significant role in securing a healthier and more stable post-employment life for eligible retirees and their families.
This information is meant to be a general summary of Salaried Nummi Retiree Supp Health 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: $43,276
- Gross Receipts: $3,123,397
Assets and Liabilities:
- Total Assets: $11,701,852
- Total Liabilities: $0
- Net Assets: $11,701,852
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARTICIPANT PREMIUM PMTS
Organization Details
Founding Year
1996
Phone
(888) 866-3275Principal Officer
Bank Of America N A
Main Address
PO BOX 653067, DALLAS, TX, 752653067
NTEE Category
Code: Y40 - Mutual benefit
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