Omnitrade Health Trust

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

EIN: 276838771 ✦ Mukilteo, WA ✦ Designated as a 501(c)(9)

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Overview

What is Omnitrade Health Trust?

Omnitrade Health Trust is a nonprofit entity, situated in Mukilteo, Washington. Its purpose is to establish a trust that allows participating employers to offer comprehensive health and welfare benefits to their employees and dependents, via group insurance arrangements. This trust aims to provide qualified health benefits, ensuring the well-being of a broad range of individuals under the employee benefit plans maintained by these employers.


Official website here: www.omnitradebenefits.com

Is Omnitrade Health Trust legitimate?

Omnitrade Health Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Omnitrade 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.


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


Official website here: www.omnitradebenefits.com

What is the mission statement of Omnitrade Health Trust?

The Omnitrade Health Trust's mission is centered around providing welfare benefits to eligible employers. This is achieved through group insurance arrangements, enabling participating employers to offer programs of health and other insurance benefits under their employee benefit plans. The trust serves as a vessel to hold these insurance policies, thereby facilitating the provision of comprehensive health and other benefits to the employees and their dependents of these employers.


Official website here: www.omnitradebenefits.com

Who is the CEO of Omnitrade Health Trust?

John B Scates is the Trustee of Omnitrade Health Trust.


Official website here: www.omnitradebenefits.com

What is the revenue of Omnitrade Health Trust?

Omnitrade Health Trust's revenue in 2022 was $0.


Official website here: www.omnitradebenefits.com

Who are the executives of Omnitrade Health Trust and what are their salaries?


There is 1 key member and their salary:


John B Scates (Trustee)
  • Compensation: $50,000
  • Related: $0
  • Other: $0


Official website here: www.omnitradebenefits.com

Where can I find the form 990 for Omnitrade Health Trust?

Omnitrade Health Trust's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.omnitradebenefits.com

Learn more at the official website: www.omnitradebenefits.com

Mission Statement of Omnitrade Health Trust

Omnitrade Health Trust is a mission-driven entity that aims to offer qualified health and welfare benefits to eligible employers and their participating individuals. It accomplishes this by establishing a trust under which employers can make various welfare benefits accessible to their employees and dependents, either through group insurance policies or alternative means. The Trust serves as a repository for insurance policies, enabling participating employers to provide comprehensive health and other insurance benefits as part of their employee benefit plans.

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Impact




October, 2024

Omnitrade Health Trust plays a significant role in the welfare of employees and their dependents by facilitating access to qualified health and welfare benefits. By holding insurance policies that participating employers can utilize, the Trust enables organizations to offer comprehensive health and insurance programs tailored to meet the needs of their workforce. This arrangement not only enhances the wellbeing of employees but also supports employers in fulfilling their obligations to provide essential benefits.

Located in Mukilteo, WA, the Trust operates under a mission that centers on the availability of welfare benefits through group insurance, effectively pooling resources to achieve mutual benefit. This collaboration empowers employers to deliver competitive benefits packages, which are crucial in attracting and retaining talent in today’s job market. Through its operations, Omnitrade Health Trust fosters a healthier workforce, ultimately contributing to the overall productivity and morale of organizations within the community.




This information is meant to be a general summary of Omnitrade 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.

Revenue
$0 (2022)
Expenses
$0 (2022)
Efficiency

Other financial information:

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

    Assets and Liabilities:

    • Total Assets: $1,606,758
    • Total Liabilities: $1,278,356
    • Net Assets: $328,402

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    Organization Details

    Founding Year

    2011

    Principal Officer

    John B Scates

    Main Address

    PO Box 6, Mukilteo, WA, 982750006

    NTEE Category

    Code: Y43 - Mutual benefit

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