Overview
What is Ufcw Local 555-Employers Health Trust?
The Ufcw Local 555-employers Health Trust is a nonprofit program based in Tualatin, Oregon. It offers various benefits, including medical, vision, dental, prescription coverage, supplemental income, life, and accidental death and dismemberment insurance, to participants whose employers contribute to the plan. The trust aims to support the health and well-being of its members by providing essential benefits and maintaining its operations in Tualatin.
What are the reviews and ratings of this charity?
The UFCW Local 555-Employers Health Trust is not currently rated by Charity Navigator primarily because it is not registered as a 501(c)(3) nonprofit, which is a requirement for such evaluations. The absence of a rating, therefore, does not imply a negative or positive stance but highlights the limitations in the current evaluation system.
Charity Navigator typically bases ratings on an organization's Accountability & Finance, among other criteria which this trust cannot be assessed under, due to its classification outside of the 501(c)(3) scope. Other crucial evaluation categories like Impact & Measurement, Leadership & Adaptability, and Culture & Community also require 501(c)(3) status, leaving the organization without a thorough public rating.
The lack of electronically filed Form 990 data over recent years further contributes to the absence of specific financial insights such as revenue, expenses, and key person salaries. While foundation status data is available, this information alone offers limited insight into the organization's performance or effectiveness. Given these constraints, potential donors or stakeholders have minimal evaluative data on the trust's operational accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Ufcw Local 555-Employers Health Trust legitimate?
Ufcw Local 555-Employers Health Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Ufcw Local 555-Employers Health 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.
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What is the mission statement of Ufcw Local 555-Employers Health Trust?
The Ufcw Local 555-employers Health Trust is a benefit program that offers medical, vision, dental, prescription, supplemental income, life, and accidental death and dismemberment coverage to its participants. Employers contribute to the plan on behalf of their workers, enabling them to access these benefits. The Trust's primary goal is to ensure participants have access to essential health services and financial support when needed. It aims to improve overall well-being and provide peace of mind for those enrolled, ultimately enhancing their quality of life.
Who is the CEO of Ufcw Local 555-Employers Health Trust?
Dan Clay is the Trustee of Ufcw Local 555-Employers Health Trust.
What is the revenue of Ufcw Local 555-Employers Health Trust?
Ufcw Local 555-Employers Health Trust's revenue in 2022 was $139,931,447.
Who are the executives of Ufcw Local 555-Employers Health Trust and what are their salaries?
Here are 14 key members and their salaries:
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Where can I find the form 990 for Ufcw Local 555-Employers Health Trust?
Ufcw Local 555-Employers Health Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ufcw Local 555-Employers Health Trust
Ufcw Local 555-Employers Health Trust is a beneficial program that offers medical, vision, dental, prescription, supplemental income, life, and accidental death and dismemberment coverage to its participants. Employers contribute on behalf of their staff to make this program accessible. The mission of Ufcw Local 555-Employers Health Trust is to ensure the wellbeing of its participants by providing comprehensive health benefits. These benefits not only cover essential medical needs but also include additional support for improved financial security and peace of mind. By pooling resources together, the Trust enables a broader range of services that might not be available to individual employers or employees on their own. The program's ultimate goal is to enhance the overall quality of life for those it serves, fostering a healthier and more secure workforce.
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Impact
October, 2024
UFCW Local 555-Employers Health Trust significantly enhances the well-being of its participants by offering a comprehensive range of benefits, including medical, vision, dental, and prescription coverage. By providing supplemental income and life insurance benefits, the Trust ensures financial security for participants and their families in times of need.
Employers contribute to this program, which allows it to serve as a vital resource for workers within the region. Its presence in Tualatin, OR, underscores a commitment to supporting local communities and promoting health and security among union members. Overall, the Trust's focus on mutual benefit directly impacts participant health and financial stability, fostering a stronger workforce and community.
This information is meant to be a general summary of Ufcw Local 555-Employers Health 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,238,653
- Program Service Revenue: $138,692,794
- Gross Receipts: $146,800,545
Assets and Liabilities:
- Total Assets: $148,467,269
- Total Liabilities: $36,660,329
- Net Assets: $111,806,940
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$131,325,179
EMPLOYEE CONTRIBUTIONS
Revenue
$7,367,615
Organization Details
Founding Year
1977
Phone
(866) 796-7623Principal Officer
Dan Clay
Main Address
12205 SW Tualatin Rd ste 200, TUALATIN, OR, 97062
NTEE Category
Code: Y40 - Mutual benefit
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