Retiree Medical And Life Insurance Plan For Former Consumers And Amer

Organization Overview

Retiree Medical And Life Insurance Plan For Former Consumers And Amer is located in Providence, RI. The organization was established in 1998. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Retiree Medical And Life Insurance Plan For Former Consumers And Amer is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 12/2021, Retiree Medical And Life Insurance Plan For Former Consumers And Amer generated $618.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $620.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE FOR PAYMENT OR BENEFIT PREMIUMS FOR MANAGED CARE AND PRESCRIPTION DRUG BENEFITS FOR RETIREES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE FOR PAYMENT OR BENEFIT PREMIUMS FOR MANAGED CARE AND PRESCRIPTION DRUG BENEFITS FOR RETIREES.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Inst'l Trustee (entered 11/21)
$406

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$7,902
Investment income $610,677
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $618,579

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