Overview
What is Abc California Health Trust Welfare Benefit Plan?
The Abc California Health Trust Welfare Benefit Plan serves as a legal entity, established for employers and employees in San Diego, California, to contribute funds for the purpose of administering employee welfare benefit plans. This trust provides essential health benefits, including medical, dental, vision, and life insurance, to participating employers and their covered dependents. By creating a distinct entity, the trust facilitates the exclusive use of contributed funds for the benefit of employers and their beneficiaries, while managing reasonable administrative expenses.
Is Abc California Health Trust Welfare Benefit Plan legitimate?
Abc California Health Trust Welfare Benefit Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Abc California Health Trust Welfare Benefit Plan 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:
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What is the mission statement of Abc California Health Trust Welfare Benefit Plan?
The ABC California Health Trust Welfare Benefit Plan functions as a legal entity, serving as a platform for contributing funds from participating employers and employees. The primary goal is to establish and manage employee welfare benefit plans. These plans aim to provide medical, dental, vision, and life insurance benefits to the employers and their beneficiaries. The trust fund is dedicated to covering administrative expenses that are reasonable in nature.
What is the revenue of Abc California Health Trust Welfare Benefit Plan?
Abc California Health Trust Welfare Benefit Plan's revenue in 2023 was $18,663,736.
Who are the executives of Abc California Health Trust Welfare Benefit Plan and what are their salaries?
There 5 volunteers at Abc California Health Trust Welfare Benefit Plan.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Abc California Health Trust Welfare Benefit Plan?
Abc California Health Trust Welfare Benefit Plan's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Abc California Health Trust Welfare Benefit Plan
Abc California Health Trust Welfare Benefit Plan is a distinct legal entity, established to collect contributions from participating employers and employees for the sole purpose of creating and managing an employee welfare benefit plan. The Trust Fund, as it is known, aims to provide medical, dental, vision, and life insurance benefits to the employers and their beneficiaries. The plan is designed to defray reasonable expenses associated with the administration of the benefits.
In simple terms, Abc California Health Trust Welfare Benefit Plan serves as a conduit, pooling resources from employers and employees to offer comprehensive health and life insurance benefits. By creating a legal entity for this purpose, the Trust ensures the effective and efficient administration of the benefit plans for the advantage of all involved parties. The Trust's activities are geared towards enhancing the wellbeing and financial security of the participating employers and their employees.
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Impact
October, 2024
The Abc California Health Trust Welfare Benefit Plan significantly impacts the well-being of employees and their families by providing essential medical, dental, vision, and life insurance benefits. This initiative supports participating employers by offering a structured system through which they can contribute to the health needs of their workforce, thereby enhancing employee satisfaction and retention.
With a dedicated focus on creating and administering welfare benefit plans, the Trust Fund allows for a collaborative approach between employers and employees to manage healthcare costs effectively. By pooling resources, the plan facilitates access to comprehensive health benefits, which can lead to improved health outcomes for individuals and families covered under these plans.
Operating out of San Diego, California, the Trust Fund underscores its commitment to promoting a secure and healthy workforce, ultimately contributing to the overall productivity and stability of the local economy. The program not only serves immediate health needs but also plays a vital role in fostering a culture of mutual support and shared responsibility among employers and employees.
This information is meant to be a general summary of Abc California Health Trust Welfare Benefit Plan. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $151,446
- Program Service Revenue: $18,532,461
- Gross Receipts: $19,411,712
Assets and Liabilities:
- Total Assets: $7,494,647
- Total Liabilities: $2,415,102
- Net Assets: $5,079,545
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$18,441,220
COBRA CONTRIBUTIONS
Revenue
$91,241
Organization Details
Founding Year
1990
Principal Officer
Brent Dusenberry
NTEE Category
Code: Y40 - Mutual benefit
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