Seiu Local 721 Employee Benefits Trust Fund

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

EIN: 263902233 ✦ Covina, CA ✦ Designated as a 501(c)(9)

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Overview

What is Seiu Local 721 Employee Benefits Trust Fund?

The Seiu Local 721 Employee Benefits Trust Fund is a charitable organization situated in Covina, offering a comprehensive benefits package to eligible participants. This includes dental, vision, and health insurance covering cancer and catastrophic care, as well as life, accidental death and dismemberment, and disability insurance. The Fund's mission is to provide essential healthcare benefits, ensuring the well-being of its members.

Is Seiu Local 721 Employee Benefits Trust Fund legitimate?

Seiu Local 721 Employee Benefits Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Seiu Local 721 Employee Benefits Trust Fund 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 Seiu Local 721 Employee Benefits Trust Fund?

The Seiu Local 721 Employee Benefits Trust Fund serves as a benefits plan, offering dental, vision, cancer and catastrophic care, life, accidental death and dismemberment, and disability insurance to eligible participants. Its primary objective is to provide essential insurance coverage to those within its scope. The Fund does not disclose a specific mission statement, but its activities revolve around ensuring the availability of these insurance services. It is important to note that the Fund does not offer any direct services or advocacy beyond insurance coverage.

Who is the CEO of Seiu Local 721 Employee Benefits Trust Fund?

Robert Schoonover is the Chairperson of Seiu Local 721 Employee Benefits Trust Fund.

What is the revenue of Seiu Local 721 Employee Benefits Trust Fund?

Seiu Local 721 Employee Benefits Trust Fund's revenue in 2022 was $5,141,753.

Who are the executives of Seiu Local 721 Employee Benefits Trust Fund and what are their salaries?


Here are 6 key members and their salaries:


Robert Schoonover (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Simboa Wright (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Dent (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jaime Lopez (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ramon Rubalcava (Alternate Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Green (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Seiu Local 721 Employee Benefits Trust Fund?

Seiu Local 721 Employee Benefits Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Seiu Local 721 Employee Benefits Trust Fund

Seiu Local 721 Employee Benefits Trust Fund is a dedicated organization that offers a comprehensive benefits plan to eligible participants. Its primary mission is to provide essential insurance coverages, including dental, vision, cancer and catastrophic care, life, accidental death and dismemberment, and disability insurance. By doing so, this trust fund aims to safeguard the health and wellbeing of its participants, offering them peace of mind in the face of various potential health challenges. The benefits provided by Seiu Local 721 Employee Benefits Trust Fund are crucial in ensuring that its participants can maintain their overall health and financial stability.

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Impact




October, 2024

The Seiu Local 721 Employee Benefits Trust Fund significantly enhances the well-being of its participants by offering a comprehensive suite of benefits designed to address critical health and financial needs. By providing access to dental, vision, cancer, and catastrophic care, the Fund ensures that eligible participants can maintain their health and access necessary medical services. Additionally, the inclusion of life, accidental death and dismemberment, and disability insurance serves as a vital safety net, offering financial protection in the event of unforeseen circumstances.

This multifaceted support structure not only promotes health and wellness but also contributes to the overall stability and security of participants and their families. The Fund's offerings are particularly beneficial for those who may otherwise face barriers to accessing adequate healthcare and financial protections, thereby fostering a more equitable environment for all members. Ultimately, the Seiu Local 721 Employee Benefits Trust Fund plays a crucial role in empowering participants through enhanced access to essential services and supports.




This information is meant to be a general summary of Seiu Local 721 Employee Benefits Trust Fund. 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
$5,141,753 (2022)
Expenses
$4,029,615 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $89,524
  • Program Service Revenue: $5,028,413
  • Gross Receipts: $8,048,674

Assets and Liabilities:

  • Total Assets: $8,603,622
  • Total Liabilities: $163,633
  • Net Assets: $8,439,989

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$1,835,517

EMPLOYEE CONTRIBUTIONS

Revenue

$3,192,896

Organization Details

Founding Year

1973

Principal Officer

Robert Schoonover

Main Address

1325 N Grand Ave Ste 200, Covina, CA, 91724

NTEE Category

Code: Y43 - Mutual benefit

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