Wtia Employee Benefit Trust

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

EIN: 202563188 ✦ Mukilteo, WA ✦ Designated as a 501(c)(9)

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Overview

What is Wtia Employee Benefit Trust?

The Wtia Employee Benefit Trust is a nonprofit trust based in Mukilteo, Washington. Established with the primary goal of holding insurance policies, this trust enables participating employers to offer health and other welfare benefits to their employees and dependents under their maintained employee benefit plans. The trust's mission focuses on providing qualified health and welfare benefits to the members through group insurance arrangements or other means, all under the umbrella of the Washington Technology Industry Association (WTIA) and eligible employers.


Official website here: www.washingtontechnology.org

Is Wtia Employee Benefit Trust legitimate?

Wtia Employee Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Wtia Employee Benefit 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.washingtontechnology.org

What is the mission statement of Wtia Employee Benefit Trust?

The Wtia Employee Benefit Trust is a organization designed to help provide health and welfare benefits for employees through group insurance arrangements. The trust, established by the Washington Technology Industry Association (WTIA) and eligible employers, aims to make these benefits accessible to participants. By holding insurance policies, the trust enables employers to offer comprehensive programs under their employee benefit plans, including health and other types of insurance coverage. The trust's ultimate goal is to ensure that employees and their dependents have access to vital benefits to maintain their overall wellbeing.


Official website here: www.washingtontechnology.org

Who is the CEO of Wtia Employee Benefit Trust?

Shannon Jurdana is the Board Chair of Wtia Employee Benefit Trust.


Official website here: www.washingtontechnology.org

What is the revenue of Wtia Employee Benefit Trust?

Wtia Employee Benefit Trust's revenue in 2022 was $82,713,613.


Official website here: www.washingtontechnology.org

Who are the executives of Wtia Employee Benefit Trust and what are their salaries?


Here are 5 key members and their salaries:


Shannon Jurdana (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Schutzler (Trustee)
  • Compensation: $0
  • Related: $443,284
  • Other: $35,588
John Cofano (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Enos (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randa Minkarah (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.washingtontechnology.org

Where can I find the form 990 for Wtia Employee Benefit Trust?

Wtia Employee Benefit Trust's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.washingtontechnology.org

Learn more at the official website: www.washingtontechnology.org

Mission Statement of Wtia Employee Benefit Trust

Wtia Employee Benefit Trust, a trust established by the Washington Technology Industry Association (WTIA) and eligible employers, is dedicated to offering qualified health and welfare benefits to their participants. The Trust serves as a vessel for group insurance arrangements, allowing employers to make available programs of insurance coverage for their employees and dependents. By pooling resources, the Trust enables participating employers to extend a range of health and other insurance benefits under their employee benefit plans. The Trust's mission is to ensure that employees of WTIA members and affiliated organizations have access to valuable benefits, enhancing their overall wellbeing.

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Impact




October, 2024

Wtia Employee Benefit Trust plays a significant role in providing essential health and welfare benefits to employees and their dependents through group insurance arrangements. By facilitating access to a variety of qualified benefits, the Trust helps participating employers in the Washington Technology Industry Association (WTIA) enhance their employee value proposition.

Employers benefit from a collective bargaining power, allowing them to offer more competitive insurance programs that might be challenging to provide individually. This arrangement supports workforce retention and attractiveness, ultimately fostering a healthier, more engaged employee base. Additionally, the Trust’s focus on group insurance enhances affordability and accessibility to necessary health services, contributing to overall employee well-being.

By acting as a conduit for welfare benefits, the Trust not only mitigates the costs associated with employee insurance plans but also promotes a culture of care and support within the technology sector in Mukilteo, WA, and beyond. This mutual benefit model enhances the sustainability of businesses within the WTIA, driving growth while ensuring that their workforce is supported holistically.




This information is meant to be a general summary of Wtia Employee Benefit 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
$82,713,613 (2022)
Expenses
$82,933,095 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $77,566
  • Program Service Revenue: $82,559,176
  • Gross Receipts: $83,344,329

Assets and Liabilities:

  • Total Assets: $3,429,144
  • Total Liabilities: $1,644,223
  • Net Assets: $1,784,921

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Programs

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

Employer contributions, net

Revenue

$81,702,013

Participant contributions, net

Revenue

$857,163

Organization Details

Founding Year

2000

Principal Officer

Shannon Jurdana

Main Address

PO Box 6, Mukilteo, WA, 98275

NTEE Category

Code: Y43 - Mutual benefit

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