Overview
What is Washington-Saratoga-Warren-Hamilton Essex Counties Boces Health Ins Con?
Washington-Saratoga-Warren-Hamilton Essex Counties Boces Health Ins Con is a health insurance consortium trust formed by a group of area school districts in Hudson Falls, New York. With the address at 10 Lacrosse Street Suite 6, this nonprofit organization aims to provide its member school districts with a large single group to purchase group health insurance, thus helping them control premium costs. The consortium trust's primary mission is to offer affordable and effective health insurance solutions for the education sector. The Trust's collaborative efforts enable its members to access better insurance plans than they could individually, ensuring the well-being of their district employees.
Is Washington-Saratoga-Warren-Hamilton Essex Counties Boces Health Ins Con legitimate?
Washington-Saratoga-Warren-Hamilton Essex Counties Boces Health Ins Con is a legitimate nonprofit organization registered as a 501(c)(9) entity. Washington-Saratoga-Warren-Hamilton Essex Counties Boces Health Ins Con 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.
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What is the mission statement of Washington-Saratoga-Warren-Hamilton Essex Counties Boces Health Ins Con?
The Washington-Saratoga-Warren-Hamilton Essex Counties Boces Health Ins Con serves as a collective entity for a group of school districts. Its primary mission is to procure group health insurance for its member school districts, enabling them to offer comprehensive coverage to their employees while endeavoring to manage premium costs. By pooling their resources, these districts aim to secure beneficial insurance rates and terms that might not be achievable independently. The trust's ultimate goal is to ensure that the districts can provide affordable and adequate health insurance coverage for their staff members.
Who is the CEO of Washington-Saratoga-Warren-Hamilton Essex Counties Boces Health Ins Con?
Timothy Place is the Trustee of Washington-Saratoga-Warren-Hamilton Essex Counties Boces Health Ins Con.
What is the revenue of Washington-Saratoga-Warren-Hamilton Essex Counties Boces Health Ins Con?
Washington-Saratoga-Warren-Hamilton Essex Counties Boces Health Ins Con's revenue in 2023 was $144,237,941.
Who are the executives of Washington-Saratoga-Warren-Hamilton Essex Counties Boces Health Ins Con and what are their salaries?
Here are 33 key members and their salaries:
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Where can I find the form 990 for Washington-Saratoga-Warren-Hamilton Essex Counties Boces Health Ins Con?
Washington-Saratoga-Warren-Hamilton Essex Counties Boces Health Ins Con's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Washington-Saratoga-Warren-Hamilton Essex Counties Boces Health Ins Con
Washington-Saratoga-Warren-Hamilton Essex Counties Boces Health Ins Con is a health insurance consortium formed by a group of area school districts. The primary mission of this consortium is to purchase group health insurance for its member school districts. By pooling their resources together, these districts aim to provide comprehensive health insurance coverage to their employees while attempting to control premium costs. As a result, the consortium serves as an effective solution for its members to secure affordable and comprehensive health insurance for their workforce. Through this collaborative effort, the school districts are able to leverage their collective bargaining power and negotiate favorable insurance rates and benefits. The consortium's ultimate goal is to ensure that the districts can offer competitive compensation packages to attract and retain high-quality employees, while maintaining financial sustainability. Through its group insurance plan, Washington-Saratoga-Warren-Hamilton Essex Counties Boces Health Ins Con plays a crucial role in supporting the well-being of the educators and staff who dedicate their careers to the education of future generations.
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Impact
October, 2024
The Washington-Saratoga-Warren-Hamilton Essex Counties Boces Health Ins Con plays a significant role in providing health insurance solutions for member school districts. By forming a consortium, these districts collectively create a larger pool that enhances their negotiating power when purchasing group health insurance. This approach aims to control premium costs while ensuring that employees have access to necessary health benefits.
Operating out of Hudson Falls, NY, the consortium is designed to streamline health insurance offerings for its member districts. By pooling resources, the districts can achieve better rates and coverage options that may not be available individually. This collaboration not only helps in managing costs but also promotes stability in health care benefits for employees across the participating school districts.
Overall, the consortium facilitates mutual benefit for its members, supporting their mission to provide quality health insurance while managing expenses effectively.
This information is meant to be a general summary of Washington-Saratoga-Warren-Hamilton Essex Counties Boces Health Ins Con. 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 2023.
- Investment Income: $1,893,123
- Program Service Revenue: $142,344,818
- Gross Receipts: $144,237,941
Assets and Liabilities:
- Total Assets: $52,898,430
- Total Liabilities: $15,257,503
- Net Assets: $37,640,927
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HEALTH INSURANCE PREMIUMS
Revenue
$130,673,028
PRESCRIPTION REBATES
Revenue
$11,671,790
Organization Details
Founding Year
2006
Phone
(518) 746-3326Principal Officer
Timothy Place
Main Address
10 LACROSSE STREET SUITE 6, HUDSON FALLS, NY, 12839
NTEE Category
Code: Y44 - Mutual benefit
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