Overview
What is Pasadena Police Retired Medical Trust?
The Pasadena Police Retired Medical Trust is a nonprofit organization that offers financial assistance to retired police officers by reimbursing their health insurance premiums. In 2019, this support was extended to 81 retired beneficiaries. The Trust's mission is to alleviate the financial burden of health insurance costs for its retired members, thereby ensuring their continued well-being.
Official website here: www.psebt.simon
Is Pasadena Police Retired Medical Trust legitimate?
Pasadena Police Retired Medical Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Pasadena Police Retired Medical 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:
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Official website here: www.psebt.simon
What is the mission statement of Pasadena Police Retired Medical Trust?
The Pasadena Police Retired Medical Trust serves to reimburse retired beneficiaries for the health insurance premiums they personally pay. This initiative, implemented in 2019, benefited 81 retirees. The trust's primary objective is to support the financial well-being of its retired members by alleviating some of their healthcare cost burdens. The trust does not actively engage in advocacy or research, nor does it provide resources or access to experts, unlike other organizations. Instead, it focuses solely on providing reimbursements for health insurance premiums.
Official website here: www.psebt.simon
What is the revenue of Pasadena Police Retired Medical Trust?
Pasadena Police Retired Medical Trust's revenue in 2023 was $1,159,651.
Official website here: www.psebt.simon
Who are the executives of Pasadena Police Retired Medical Trust and what are their salaries?
There 7 volunteers at Pasadena Police Retired Medical Trust.
Here are 7 key members and their salaries:
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Official website here: www.psebt.simon
Where can I find the form 990 for Pasadena Police Retired Medical Trust?
Pasadena Police Retired Medical Trust's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.psebt.simon
Learn more at the official website: www.psebt.simon
Mission Statement of Pasadena Police Retired Medical Trust
The Pasadena Police Retired Medical Trust is an organization that plays a significant role in supporting its retired beneficiaries. Its mission is centered around providing reimbursements for the health insurance premiums that these retirees pay out of their own pockets. This financial assistance enables these individuals to maintain their health coverage, ensuring they have access to necessary medical services. In the year 2019, a total of 81 retirees were able to benefit from this service, demonstrating the Trust's commitment to its mission.
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Impact
October, 2024
The Pasadena Police Retired Medical Trust significantly impacts the financial well-being of retired police officers by offering reimbursement for health insurance premiums. This support alleviates the burden of healthcare costs, allowing retirees to maintain access to necessary medical services. In 2019 alone, 81 retired beneficiaries benefited from this reimbursement program, highlighting its crucial role in enhancing the quality of life for those who have served in law enforcement. By ensuring that retirees have assistance with their health insurance expenses, the Trust fosters a sense of security and mutual benefit within the community, reinforcing the value of their contributions throughout their careers.
This information is meant to be a general summary of Pasadena Police Retired Medical 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: $473,450
- Program Service Revenue: $816,733
- Gross Receipts: $123,710,176
Assets and Liabilities:
- Total Assets: $18,435,697
- Total Liabilities: $16,586
- Net Assets: $18,419,111
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$816,733
Organization Details
Founding Year
1999
Principal Officer
Schuyler Sandeen
Website
www.psebt.simonNTEE Category
Code: Y44 - Mutual benefit
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