The Ohio Valley Flooring Group Medical Benefit Trust

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

EIN: 311000354 ✦ Cincinnati, OH ✦ Designated as a 501(c)(9)

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Overview

What is The Ohio Valley Flooring Group Medical Benefit Trust?

The Ohio Valley Flooring Group Medical Benefit Trust is a welfare benefit program, serving as a nonprofit entity. Its primary focus is on providing health and welfare benefits, as well as covering insurance premiums, for the employees of participating employers. This organization's mission is to ensure the well-being of its associated workforce by managing and financing their healthcare-related expenses.

Is The Ohio Valley Flooring Group Medical Benefit Trust legitimate?

The Ohio Valley Flooring Group Medical Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. The Ohio Valley Flooring Group Medical Benefit 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

What is the mission statement of The Ohio Valley Flooring Group Medical Benefit Trust?

The Ohio Valley Flooring Group Medical Benefit Trust operates with a mission to provide health and welfare benefits, as well as covering insurance premiums for the employees of participating employers. This welfare benefit program aims to support the overall well-being of the employees, ensuring they have access to necessary healthcare services. By managing these benefits, the trust seeks to enhance the financial security and health of the employees, ultimately contributing to their overall quality of life.

Who is the CEO of The Ohio Valley Flooring Group Medical Benefit Trust?

Matt Fabiani is the President of The Ohio Valley Flooring Group Medical Benefit Trust.

What is the revenue of The Ohio Valley Flooring Group Medical Benefit Trust?

The Ohio Valley Flooring Group Medical Benefit Trust's revenue in 2022 was $2,548,682.

Who are the executives of The Ohio Valley Flooring Group Medical Benefit Trust and what are their salaries?

There 2 volunteers at The Ohio Valley Flooring Group Medical Benefit Trust.


Here are 2 key members and their salaries:


Al Hurt (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Fabiani (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Ohio Valley Flooring Group Medical Benefit Trust?

The Ohio Valley Flooring Group Medical Benefit Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The Ohio Valley Flooring Group Medical Benefit Trust

The Ohio Valley Flooring Group Medical Benefit Trust is committed to providing welfare benefits and paying health and insurance premiums on behalf of employees from participating employers. This welfare benefit program serves as a vital support system, ensuring that individuals under the trust have access to necessary medical care and coverage. By taking on this responsibility, The Ohio Valley Flooring Group Medical Benefit Trust plays a significant role in safeguarding the well-being of its beneficiaries.

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Impact




October, 2024

The Ohio Valley Flooring Group Medical Benefit Trust plays a crucial role in providing health and welfare benefits to employees of participating employers in the flooring industry. By managing resources collectively, it ensures that employees receive essential health coverage and insurance premiums, which are vital for their well-being and financial security. This collaboration among employers contributes to a more sustainable and accessible health benefits system, enhancing job satisfaction and retention within the sector. The Trust's focus on mutual benefit not only supports individual employees but also strengthens the overall workforce by promoting health and stability in the community.




This information is meant to be a general summary of The Ohio Valley Flooring Group Medical Benefit 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
$2,548,682 (2022)
Expenses
$2,674,523 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $7,016
  • Program Service Revenue: $2,541,666
  • Gross Receipts: $2,548,682

Assets and Liabilities:

  • Total Assets: $927,943
  • Total Liabilities: $0
  • Net Assets: $927,943

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Programs

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

EMPLOYERS CONTRIBUTION

Revenue

$1,752,364

INSURANCE REIMBURSEMEN

Revenue

$426,187

EMPLOYEES CONTRIBUTION

Revenue

$363,115

Organization Details

Founding Year

1981

Principal Officer

Matt Fabiani

Main Address

5555 MURRAY ROAD, CINCINNATI, OH, 45227

NTEE Category

Code: Y40 - Mutual benefit

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