Overview
What is Roche Employee Welfare Benefit Tr?
The Roche Employee Welfare Benefit Trust is a nonprofit organization based in Little Falls, New Jersey, with the address 150 Clove Road Suite 8. Its primary objective is to provide coverage for employee benefits and expenses for the participants. The organization's mission revolves around harmonizing the U.S. Roche health and welfare benefits, ensuring the payment of claims and expenses for eligible members.
Is Roche Employee Welfare Benefit Tr legitimate?
Roche Employee Welfare Benefit Tr is a legitimate nonprofit organization registered as a 501(c)(9) entity. Roche Employee Welfare Benefit Tr 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 Roche Employee Welfare Benefit Tr?
The Roche Employee Welfare Benefit Trust is dedicated to providing coverage for the benefits and expenses of its participating members. Their primary mission revolves around ensuring the financial well-being of employees by managing and distributing resources for eligible claims and expenses. Through this commitment, the Trust aims to alleviate some of the financial burdens faced by employees, allowing them to focus on their overall health and well-being. By prioritizing the coverage of employee benefits, the Trust plays a crucial role in fostering a sense of financial security and support within the organization.
Who is the CEO of Roche Employee Welfare Benefit Tr?
David Mcdede is the Trustee of Roche Employee Welfare Benefit Tr.
What is the revenue of Roche Employee Welfare Benefit Tr?
Roche Employee Welfare Benefit Tr's revenue in 2022 was $452,359,380.
Who are the executives of Roche Employee Welfare Benefit Tr and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $17,544
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Roche Employee Welfare Benefit Tr?
Roche Employee Welfare Benefit Tr's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Roche Employee Welfare Benefit Tr
The Roche Employee Welfare Benefit Trust, a Harmonized U.S. plan, is dedicated to providing coverage for employee benefits and expenses for its participating members. In simple terms, this nonprofit organization's mission is to assume and manage the costs related to various benefits and claims on behalf of Roche's employees.
By taking on this role, the Roche Employee Welfare Benefit Trust allows Roche to offer comprehensive employee benefits packages while managing the financial aspects effectively. The Trust's primary objective is to ensure that employees have access to essential benefits and that any expenses or claims related to these benefits are processed and paid efficiently.
The Trust's operation is designed to simplify the benefits administration process for Roche, enabling the company to focus on its core business objectives while the Trust handles the intricacies of employee benefits management. By covering the costs associated with these benefits, the Trust provides a valuable service to Roche and its employees, contributing to an overall better employment experience.
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Impact
October, 2024
The Roche Employee Welfare Benefit Trust plays a crucial role in providing financial support for employee benefits and related expenses. By harmonizing the U.S. Roche Health and Welfare Benefits VEBA Plan, it ensures that participants have access to comprehensive coverage for their health and welfare needs. This trust enables employees to manage their expenses more effectively, helping to alleviate financial burdens associated with medical claims and other health-related costs. Located in Little Falls, NJ, the trust operates under a mission dedicated to enhancing the welfare of its members, reinforcing the commitment to mutual benefit within the organization. Its impact extends not only to individual employees but also to the overall workplace morale and retention by fostering a supportive and secure environment.
This information is meant to be a general summary of Roche Employee Welfare Benefit Tr. 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.
- Investment Income: $606,200
- Program Service Revenue: $451,753,180
- Gross Receipts: $1,476,016,366
Assets and Liabilities:
- Total Assets: $79,919,367
- Total Liabilities: $0
- Net Assets: $79,919,367
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER
Revenue
$396,390,377
EMPLOYEE
Revenue
$55,362,803
Organization Details
Founding Year
1990
Phone
(650) 225-1000Principal Officer
David Mcdede
Main Address
150 Clove Road Suite 8, Little Falls, NJ, 07424
NTEE Category
Code: Y40 - Mutual benefit
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