Graceworks Lutheran Services Health Benefit Trust

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

EIN: 311273785 ✦ Dayton, OH ✦ Designated as a 501(c)(9)

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Overview

What is Graceworks Lutheran Services Health Benefit Trust?

Graceworks Lutheran Services Health Benefit Trust is a nonprofit organization situated in Dayton, Ohio, specifically at 6430 Inner Mission Way. Their primary mission is to provide various benefits, such as life, sickness, accident, and other forms of assistance, to their participants and beneficiaries. By offering these benefits, the organization aims to support its members during challenging times. The Trust operates with a focus on carrying out this crucial mission.

Is Graceworks Lutheran Services Health Benefit Trust legitimate?

Graceworks Lutheran Services Health Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Graceworks Lutheran Services Health 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

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What is the mission statement of Graceworks Lutheran Services Health Benefit Trust?

Graceworks Lutheran Services Health Benefit Trust's primary mission is to provide various benefits, including life, sickness, accident, and other forms of assistance, to its members or their designated beneficiaries. The organization is committed to fulfilling this mission by making these benefits available to its participants when needed. This involves managing and dispensing these benefits as per the terms and conditions of the trust.

Who is the CEO of Graceworks Lutheran Services Health Benefit Trust?

Judy A Budi is the Trustee of Graceworks Lutheran Services Health Benefit Trust.

What is the revenue of Graceworks Lutheran Services Health Benefit Trust?

Graceworks Lutheran Services Health Benefit Trust's revenue in 2023 was $9,217,667.

Who are the executives of Graceworks Lutheran Services Health Benefit Trust and what are their salaries?


Here are 4 key members and their salaries:


Judy A Budi (Trustee)
  • Compensation: $0
  • Related: $371,988
  • Other: $29,205
Michael W Allen (Trustee (Until 11/08/22))
  • Compensation: $0
  • Related: $257,340
  • Other: $16,753
Dawn L Barhorst (Trustee)
  • Compensation: $0
  • Related: $169,426
  • Other: $14,915
Robert A Reichard (Trustee (As Of 11/08/22))
  • Compensation: $0
  • Related: $127,177
  • Other: $13,415
Where can I find the form 990 for Graceworks Lutheran Services Health Benefit Trust?

Graceworks Lutheran Services Health Benefit Trust's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Graceworks Lutheran Services Health Benefit Trust

Graceworks Lutheran Services Health Benefit Trust is an organization dedicated to providing various benefits to its members. Its primary mission, as stated, is to pay out life, sickness, accident, or other benefits to the participants or beneficiaries associated with the trust. In simpler terms, Graceworks Lutheran Services Health Benefit Trust serves to offer financial assistance in times of need, be it due to health issues, accidents, or other unforeseen circumstances, to its members or their designated beneficiaries. This assistance can provide a crucial safety net during challenging times, helping individuals and families navigate through difficult periods. The trust's mission is centered around providing financial relief, thereby offering a sense of security and support to its members.

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Impact




October, 2024

Graceworks Lutheran Services Health Benefit Trust significantly impacts its members by providing essential financial support during times of need. By paying for life, sickness, accident, and other benefits, the Trust ensures that participants and their beneficiaries have access to crucial resources that can alleviate financial burdens in difficult situations. This commitment to mutual benefit fosters a supportive community, offering peace of mind to members while promoting a sense of security in the face of unforeseen challenges. Operating from Dayton, Ohio, the Trust plays a vital role in enhancing the well-being and stability of its beneficiaries, reinforcing the importance of collective support in maintaining health and life quality.




This information is meant to be a general summary of Graceworks Lutheran Services Health 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
$9,217,667 (2023)
Expenses
$9,796,041 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $39,173
  • Program Service Revenue: $9,178,494
  • Gross Receipts: $9,217,667

Assets and Liabilities:

  • Total Assets: $1,475,648
  • Total Liabilities: $1,137,035
  • Net Assets: $338,613

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Programs

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

EMPLOYER CONTRIBUTION

Revenue

$7,794,339

PARTICIPANT CONTRIBUTI

Revenue

$1,384,155

Organization Details

Founding Year

1989

Principal Officer

Judy A Budi

Main Address

6430 INNER MISSION WAY, DAYTON, OH, 45459

NTEE Category

Code: Y40 - Mutual benefit

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