Overview
What is Direct Advisors Trust?
Direct Advisors Trust is a nonprofit organization situated in Albany, New York. Their primary function is to offer employee benefits through health and welfare plans for affiliated employers. The trust funds these programs, providing essential coverage like medical, dental, disability, and life insurance for the employees of these organizations. In addition, Direct Advisors Trust also offers supplemental unemployment benefits.
Is Direct Advisors Trust legitimate?
Direct Advisors Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Direct Advisors 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
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What is the mission statement of Direct Advisors Trust?
The Direct Advisors Trust is a organization dedicated to offering employee benefits through health and welfare plans for affiliated employers. They finance and manage these programs, ensuring that workers of sponsoring companies have access to essential benefits such as medical, dental, disability, and life insurance coverage, as well as supplemental unemployment benefits. The Trust's mission lies in enhancing the wellbeing and financial security of employees by providing these comprehensive benefits.
Who is the CEO of Direct Advisors Trust?
Kristina Vaselewski is the Trustee of Direct Advisors Trust.
What is the revenue of Direct Advisors Trust?
Direct Advisors Trust's revenue in 2022 was $17,804,282.
Who are the executives of Direct Advisors Trust and what are their salaries?
There are 431 employees at Direct Advisors Trust.
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $46,614
Where can I find the form 990 for Direct Advisors Trust?
Direct Advisors Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Direct Advisors Trust
Direct Advisors Trust, a mission-driven organization, focuses on delivering employee benefits through health and welfare plans to sponsoring employers. By funding these programs, they extend essential coverage, including medical, dental, disability, and life insurance, to the workforce of the participating companies. Furthermore, they offer supplemental unemployment benefits, ensuring financial security for employees during times of job loss. The organization's commitment to employee well-being is unwavering, as they strive to provide comprehensive benefits packages that cater to the diverse needs of the modern workforce. Direct Advisors Trust plays a crucial role in enhancing the quality of life for employees, granting them peace of mind and enabling them to focus on their professional pursuits.
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Impact
October, 2024
Direct Advisors Trust significantly enhances the lives of workers by providing essential employee benefits through comprehensive health and welfare plans for participating employers. Based in Latham, NY, the organization plays a crucial role in ensuring access to medical, dental, disability, and life insurance, which collectively bolster the financial security and overall well-being of employees.
By funding these vital programs, Direct Advisors Trust not only supports individual workers but also contributes to stronger, more resilient workplaces. The availability of supplemental unemployment benefits further aids in stabilizing families during challenging times, promoting economic security and community stability. This mutual benefit approach fosters a supportive environment for employees and their families, demonstrating the organization's commitment to enhancing the quality of life for those it serves. Ultimately, Direct Advisors Trust's impact resonates beyond individual health coverage, as it cultivates a healthier workforce and contributes to the economic vitality of the regions in which participating employers operate.
This information is meant to be a general summary of Direct Advisors 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 2022.
- Program Service Revenue: $17,804,282
- Gross Receipts: $17,804,282
Assets and Liabilities:
- Total Assets: $137,668
- Total Liabilities: $137,568
- Net Assets: $100
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BENEFIT PLAN CONTRIBUTIONS
Revenue
$17,804,282
Organization Details
Founding Year
2000
Phone
(518) 362-2119Principal Officer
Kristina Vaselewski
Main Address
14 PLAZA DRIVE 102, LATHAM, NY, 12110
NTEE Category
Code: Y43 - Mutual benefit
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