Overview
What is Rand Retiree Medical Benefits Trust?
Rand Retiree Medical Benefits Trust is a nonprofit organization located in Santa Monica, California. Its primary mission is to provide financial assistance for medical benefits to eligible retirees from The Rand Corporation. This support aims to ensure that these retirees have access to necessary healthcare services, contributing to their wellbeing and overall quality of life. The Trust's activities are focused on fulfilling this mission, which is a crucial aspect of its operations.
Official website here: www.rand.org
Is Rand Retiree Medical Benefits Trust legitimate?
Rand Retiree Medical Benefits Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Rand Retiree Medical Benefits 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
Official website here: www.rand.org
What is the mission statement of Rand Retiree Medical Benefits Trust?
The Rand Retiree Medical Benefits Trust is committed to providing medical benefits for eligible retirees of the Rand Corporation. This mission is carried out by allocating funds for these medical benefits, ensuring the well-being and healthcare needs of the retired individuals are met. The Trust serves as a vital source of financial support for these retirees, enhancing their post-retirement life with adequate medical coverage. The Trust's primary goal is to maintain the health and well-being of these retirees, providing them with the necessary medical care they require.
Official website here: www.rand.org
What is the revenue of Rand Retiree Medical Benefits Trust?
Rand Retiree Medical Benefits Trust's revenue in 2023 was $638,643.
Official website here: www.rand.org
Who are the executives of Rand Retiree Medical Benefits Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.rand.org
Where can I find the form 990 for Rand Retiree Medical Benefits Trust?
Rand Retiree Medical Benefits Trust's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.rand.org
Learn more at the official website: www.rand.org
Mission Statement of Rand Retiree Medical Benefits Trust
Rand Retiree Medical Benefits Trust is an organization dedicated to providing financial assistance for medical benefits for eligible retirees from the Rand Corporation. Their mission revolves around ensuring the healthcare needs of these retirees are met, providing them with the necessary medical coverage. By offering funds for medical benefits, the Trust enables these retirees to maintain their health and well-being in their post-career years. The Trust's primary role is to bridge the gap between retirees' medical expenses and their financial resources, ensuring they can access essential healthcare services.
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Impact
October, 2024
The Rand Retiree Medical Benefits Trust plays a crucial role in ensuring that eligible retirees of the Rand Corporation have access to necessary medical benefits. By providing financial resources specifically designated for healthcare, the Trust alleviates the burden of medical expenses for retirees, enabling them to maintain their health and well-being in their post-employment years. This support is vital in promoting quality of life among retirees, ensuring they can focus on their health without the added stress of financial worries related to medical care. The Trust's commitment to funding these benefits creates a safety net that is essential for the overall welfare of the retirement community associated with the Rand Corporation, reinforcing the value placed on the well-being of its former employees.
This information is meant to be a general summary of Rand Retiree Medical Benefits 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 2023.
- Investment Income: $265,757
- Program Service Revenue: $236,246
- Gross Receipts: $2,819,097
Assets and Liabilities:
- Total Assets: $24,007,783
- Total Liabilities: $61,259
- Net Assets: $23,946,524
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARTICIPANT CONTRIBUTIONS
Revenue
$236,246
Organization Details
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