Overview
What is Trust Agreement For Gpu Companies Health Care Plan For Employees?
The Trust Agreement for GPU Companies Health Care Plan for Employees, based in Boston, MA, serves as a fraternal beneficiary society and voluntary employees association. Its primary role is to fund and manage health care benefits for its member workforce through various programs. By providing benefits directly to its members, this trust ensures access to essential health care services. As a nonprofit organization, it continues to operate and make a meaningful impact on the lives of its employees.
Is Trust Agreement For Gpu Companies Health Care Plan For Employees legitimate?
Trust Agreement For Gpu Companies Health Care Plan For Employees is a legitimate nonprofit organization registered as a 501(c)(9) entity. Trust Agreement For Gpu Companies Health Care Plan For Employees 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 Trust Agreement For Gpu Companies Health Care Plan For Employees?
This trust agreement, known as the GPU Companies Health Care Plan for Employees, is dedicated to providing health care benefits to its members. Established as a fraternal beneficiary society and voluntary employees association, it offers programs that distribute benefits directly to its constituents. The primary objective is to ensure the well-being of its members by funding their health care needs.
Who is the CEO of Trust Agreement For Gpu Companies Health Care Plan For Employees?
State Street is the Trustee of Trust Agreement For Gpu Companies Health Care Plan For Employees.
What is the revenue of Trust Agreement For Gpu Companies Health Care Plan For Employees?
Trust Agreement For Gpu Companies Health Care Plan For Employees's revenue in 2022 was $24,594,359.
Who are the executives of Trust Agreement For Gpu Companies Health Care Plan For Employees and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Trust Agreement For Gpu Companies Health Care Plan For Employees?
Trust Agreement For Gpu Companies Health Care Plan For Employees's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Trust Agreement For Gpu Companies Health Care Plan For Employees
The GPU Companies Health Care Plan for Employees, represented by IBEW System Council U-3 Trust, is a fraternal beneficiary society and voluntary employees association that plays a vital role in funding health care benefits for its members. Based on its mission description, the Trust provides programs that distribute benefits directly to the beneficiaries. As a Third-Party Administrator of health care plans, it ensures the financial well-being and access to necessary medical services for its members.
The Trust operates as a nonprofit organization, focusing on the overall health and well-being of its members. By funding healthcare benefits, it enables them to receive essential medical services and maintain better control over their health. The Trust's activities are rooted in its commitment to enhancing the quality of life for its members and their families, offering peace of mind and security during times of medical need.
In its capacity as a fraternal beneficiary society, the GPU Companies Health Care Plan for Employees, represented by IBEW System Council U-3 Trust, fosters a sense of community and camaraderie among its members. Through its various health care programs, it creates a network of support and solidarity, ensuring that each member's needs are addressed and their concerns are alleviated. The Trust's unwavering dedication and commitment to its members' health and well-being have made it an integral part of their lives and a trusted partner in their journey towards better health.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Trust Agreement for GPU Companies Health Care Plan for Employees significantly impacts its members by providing essential health care benefits, ensuring that employees represented by the IBEW System Council U-3 have access to comprehensive medical care. By pooling resources through a trust, the program delivers financial support for healthcare expenses, which can alleviate the financial burden on employees and their families.
This agreement enhances job satisfaction and employee morale by demonstrating a commitment to the well-being of members. It fosters a sense of security and trust between employees and their employers, knowing that there is a structured support system for their health care needs. Furthermore, by functioning as a fraternal beneficiary society, it encourages community and mutual aid among members, strengthening solidarity and collaboration within the workforce.
Overall, the Trust Agreement directly contributes to a healthier workforce, potentially increasing productivity and reducing absenteeism due to medical issues. This not only benefits the employees but also positively influences the overall operational effectiveness of the GPU companies involved.
This information is meant to be a general summary of Trust Agreement For Gpu Companies Health Care Plan For Employees. 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: $5,484,041
- Program Service Revenue: $19,103,775
- Gross Receipts: $24,594,359
Assets and Liabilities:
- Total Assets: $256,347,139
- Total Liabilities: $0
- Net Assets: $256,347,139
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTION
Revenue
$18,333,614
EMPLOYEE CONTRIBUTION
Revenue
$770,161
Organization Details
Founding Year
1991
Phone
(816) 871-7249Principal Officer
State Street
Main Address
C/O STATE STREET PO BOX 5100, BOSTON, MA, 022060001
NTEE Category
Code: Y40 - Mutual benefit
If you are a representative of Trust Agreement For Gpu Companies Health Care Plan For Employees and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.