Highmark West Virginia Inc Welfare Trust

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

EIN: 203482233 ✦ Pittsburgh, PA ✦ Designated as a 501(c)(9)

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Overview

What is Highmark West Virginia Inc Welfare Trust?

Highmark West Virginia Inc Welfare Trust is an irrevocable 501(c)(9) trust, established for the purpose of providing medical and life benefits to eligible employees of the associated corporation and its subsidiary. Located in Pittsburgh, Pennsylvania, this trust fund serves as a crucial source of support for the corporation's workforce, ensuring they have access to essential healthcare benefits. The trust's mission is to enhance the well-being of its employees, ensuring they receive necessary medical assistance and life benefits when required.

Is Highmark West Virginia Inc Welfare Trust legitimate?

Highmark West Virginia Inc Welfare Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Highmark West Virginia Inc Welfare 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: $8,063
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Highmark West Virginia Inc Welfare Trust?

The Highmark West Virginia Inc. Welfare Trust has been established with the mission of creating an irreversible trust under section 501(c)(9). This trust's primary purpose is to provide financial support for medical and life benefits to eligible employees of the corporation and its subsidiaries. The trust serves to ensure these employees have access to necessary healthcare and life-related benefits, thereby supporting their well-being.

Who is the CEO of Highmark West Virginia Inc Welfare Trust?

Donald Dabkowski is the Trustee of Highmark West Virginia Inc Welfare Trust.

What is the revenue of Highmark West Virginia Inc Welfare Trust?

Highmark West Virginia Inc Welfare Trust's revenue in 2022 was $1,012,060.

Who are the executives of Highmark West Virginia Inc Welfare Trust and what are their salaries?


There is 1 key member and their salary:


The Bank Of New York Mellon (Trustee)
  • Compensation: $8,063
  • Related: $0
  • Other: $0
Where can I find the form 990 for Highmark West Virginia Inc Welfare Trust?

Highmark West Virginia Inc Welfare Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Highmark West Virginia Inc Welfare Trust

Highmark West Virginia Inc. Welfare Trust is a dedicated organization established with a specific purpose. As an irrevocable 501(c)(9) trust, its primary mission is to provide financial support for medical and life benefits for eligible employees of the corporation and its subsidiaries. This nonprofit entity serves as a safety net, ensuring that its beneficiaries have access to essential healthcare services and life benefits during their employment. The trust's establishment underscores Highmark West Virginia Inc. Welfare Trust's commitment to the well-being and welfare of its workforce.

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Impact




October, 2024

Highmark West Virginia Inc Welfare Trust significantly impacts the well-being of eligible employees by providing essential funding for medical and life benefits. This irrevocable trust ensures that individuals associated with the corporation and its subsidiaries have access to necessary financial support for healthcare and other critical life-related expenses. By offering these key benefits, the trust enhances employee security and contributes to their overall quality of life, fostering a sense of stability and mutual benefit within the organization.




This information is meant to be a general summary of Highmark West Virginia Inc Welfare 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
$1,012,060 (2022)
Expenses
$3,096,683 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $885,815
  • Program Service Revenue: $126,245
  • Gross Receipts: $3,222,313

Assets and Liabilities:

  • Total Assets: $14,075,674
  • Total Liabilities: $1,305
  • Net Assets: $14,074,369

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Programs

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

VOLUNTARY EMPLOYEES' BENEFICIARY

Revenue

$126,245

ASSOCIATION FUNDING

Organization Details

Founding Year

2005

Principal Officer

Donald Dabkowski

Main Address

120 Fifth Ave Tax, Pittsburgh, PA, 15222

NTEE Category

Code: Y43 - Mutual benefit

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