Black Hawk College Health Benefit Plan Trust

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 161634294 ✦ Moline, IL ✦ Designated as a 501(c)(9)

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Overview

What is Black Hawk College Health Benefit Plan Trust?

Black Hawk College Health Benefit Plan Trust is a nonprofit organization that provides essential health benefits to eligible employees and retirees. Through a voluntary employees beneficiary association, they offer comprehensive coverage including medical, dental, prescription drugs, and vision services. This trust serves as a crucial resource for employees and retirees, ensuring they have access to necessary healthcare services. The trust's mission is to support the well-being of its members by offering these benefits, thereby enhancing their overall quality of life.

Is Black Hawk College Health Benefit Plan Trust legitimate?

Black Hawk College Health Benefit Plan Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Black Hawk College Health Benefit Plan 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

What is the mission statement of Black Hawk College Health Benefit Plan Trust?

The Black Hawk College Health Benefit Plan Trust is committed to providing medical, dental, prescription drug, and vision benefits to eligible employees and retirees. This is achieved through a voluntary Employees Beneficiary Association, aiming to enhance the health and well-being of its members. The Trust serves as a reliable resource, offering these benefits to contribute to the overall health and financial security of its beneficiaries.

Who is the CEO of Black Hawk College Health Benefit Plan Trust?

Steven Frommelt is the Trustee of Black Hawk College Health Benefit Plan Trust.

What is the revenue of Black Hawk College Health Benefit Plan Trust?

Black Hawk College Health Benefit Plan Trust's revenue in 2022 was $6,525,967.

Who are the executives of Black Hawk College Health Benefit Plan Trust and what are their salaries?


There is 1 key member and their salary:


Steven Frommelt (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Black Hawk College Health Benefit Plan Trust?

Black Hawk College Health Benefit Plan Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Black Hawk College Health Benefit Plan Trust

The Black Hawk College Health Benefit Plan Trust is a mission-driven organization that strives to provide essential medical, dental, prescription drug, and vision benefits to eligible employees and retirees. Operating on a voluntary Employees Beneficiary Association (EBA) basis, this trust aims to offer these comprehensive health benefits, thus contributing to the overall well-being of its members. By offering these benefits, the Black Hawk College Health Benefit Plan Trust serves as a crucial support system, enabling its members to manage their healthcare needs more effectively.

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Impact




October, 2024

The Black Hawk College Health Benefit Plan Trust significantly impacts the well-being of eligible employees and retirees by providing essential health benefits. Through its offerings, which include medical, dental, prescription drugs, and vision care, the Trust ensures that individuals have access to comprehensive healthcare services. This support enhances the quality of life for participants, contributing to their overall health and productivity.

By operating through a voluntary employees beneficiary association, the Trust fosters a sense of community and mutual benefit among members. It not only aids in reducing healthcare costs for employees and retirees but also helps organizations maintain a competitive edge in attracting and retaining talent by offering robust health benefits. Overall, the Black Hawk College Health Benefit Plan Trust plays a crucial role in promoting health security and financial wellness for its members in Moline, IL.




This information is meant to be a general summary of Black Hawk College Health Benefit Plan 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.

Revenue
$6,525,967 (2022)
Expenses
$6,420,813 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $21,803
  • Program Service Revenue: $6,504,164
  • Gross Receipts: $6,525,967

Assets and Liabilities:

  • Total Assets: $1,333,213
  • Total Liabilities: $0
  • Net Assets: $1,333,213

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

EMPLOYER CONTRIBUTIONS

Revenue

$5,586,189

EMPLOYEE CONTRIBUTIONS

Revenue

$917,975

Organization Details

Founding Year

2002

Principal Officer

Steven Frommelt

Main Address

6600 34TH AVENUE, MOLINE, IL, 612655899

NTEE Category

Code: Y43 - Mutual benefit

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