Seiu Local 105 Health And Welfare Trust Fund

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

EIN: 271372825 ✦ Seattle, WA ✦ Designated as a 501(c)(9)

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Overview

What is Seiu Local 105 Health And Welfare Trust Fund?

Seiu Local 105 Health and Welfare Trust Fund is a nonprofit organization based in Seattle, Washington. Its primary mission is to offer medical and prescription benefits to its participants. Employers contribute to this plan in accordance with their collective bargaining agreements, thereby enabling the Trust Fund to provide these benefits. The Trust Fund's activities are centered around this purpose, ensuring that eligible individuals receive necessary healthcare services and medication coverage.

Is Seiu Local 105 Health And Welfare Trust Fund legitimate?

Seiu Local 105 Health And Welfare Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Seiu Local 105 Health And Welfare 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 105 Health And Welfare Trust Fund?

The Seiu Local 105 Health and Welfare Trust Fund's primary mission is to offer medical and prescription benefits to its participants. Employers contribute to this plan in accordance with their collective bargaining agreements, and it is the fund's responsibility to distribute these benefits. The goal is to ensure participants have access to necessary healthcare services. The fund's activities are centered around managing and administering these medical and prescription benefits, aiming to provide reliable and comprehensive coverage for the beneficiaries.

Who is the CEO of Seiu Local 105 Health And Welfare Trust Fund?

James Veldkamp is the Trustee of Seiu Local 105 Health And Welfare Trust Fund.

What is the revenue of Seiu Local 105 Health And Welfare Trust Fund?

Seiu Local 105 Health And Welfare Trust Fund's revenue in 2022 was $4,884,500.

Who are the executives of Seiu Local 105 Health And Welfare Trust Fund and what are their salaries?


Here are 8 key members and their salaries:


James Veldkamp (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Troy Coker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luis Ponce (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pedro Carrillo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Ruggiero (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Larson (Alternate Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Camp (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Felix-Sowy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Seiu Local 105 Health And Welfare Trust Fund?

Seiu Local 105 Health And Welfare Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Seiu Local 105 Health And Welfare Trust Fund

Seiu Local 105 Health and Welfare Trust Fund is committed to providing medical and prescription benefits to its participants. Employers contribute to this plan in accordance with their collective bargaining agreement, and the trust fund uses these contributions to offer these benefits. The organization's mission is to ensure that participants have access to necessary medical care and prescription medications, enhancing their overall health and well-being. By providing these benefits, Seiu Local 105 Health and Welfare Trust Fund plays a crucial role in supporting the health needs of its participants, ensuring they have the necessary resources to maintain their health and well-being.

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Impact




October, 2024

The SEIU Local 105 Health and Welfare Trust Fund significantly impacts the well-being of participants by providing essential medical and prescription benefits. This support is facilitated through contributions made by employers in accordance with collective bargaining agreements, ensuring that workers have access to necessary healthcare resources. By securing these benefits, the Trust Fund enhances the quality of life for its participants, promotes health equity, and fosters a healthier workforce in Seattle, WA. The availability of reliable health coverage can lead to improved job satisfaction, reduced absenteeism, and a stronger community overall.




This information is meant to be a general summary of Seiu Local 105 Health And Welfare 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
$4,884,500 (2022)
Expenses
$5,741,961 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$19,553
  • Program Service Revenue: $4,904,053
  • Gross Receipts: $5,947,065

Assets and Liabilities:

  • Total Assets: $1,273,910
  • Total Liabilities: $449,780
  • Net Assets: $824,130

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$4,824,758

PARTICIPANT CONTRIBUTIONS

Revenue

$79,295

Organization Details

Founding Year

2009

Principal Officer

James Veldkamp

Main Address

PO BOX 34203, SEATTLE, WA, 98124

NTEE Category

Code: Y43 - Mutual benefit

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