Heritage Group Employee Benefit Trust

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

EIN: 351799877 ✦ Indianapolis, IN ✦ Designated as a 501(c)(9)

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Overview

What is Heritage Group Employee Benefit Trust?

The Heritage Group Employee Benefit Trust is a fraternal beneficiary society and voluntary employees association headquartered in Indianapolis, Indiana. Their primary objective is to fulfill health, dental, and vision claims for their members. As a nonprofit organization, they dedicate their resources to providing essential benefits to those who depend on them.

Is Heritage Group Employee Benefit Trust legitimate?

Heritage Group Employee Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Heritage Group Employee 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 Heritage Group Employee Benefit Trust?

The Heritage Group Employee Benefit Trust functions as a fraternal beneficiary society and employees association, headquartered in Indianapolis, IN. Their primary objective is centered on processing and settling health, dental, and vision insurance claims for their members. By doing so, they provide essential coverage and financial support, ensuring their constituents' access to crucial medical services. Their mission is grounded in the commitment to alleviate the financial burden of healthcare expenses for those they serve.

Who is the CEO of Heritage Group Employee Benefit Trust?

David L Franz is the Trustee of Heritage Group Employee Benefit Trust.

What is the revenue of Heritage Group Employee Benefit Trust?

Heritage Group Employee Benefit Trust's revenue in 2023 was $53,321,497.

Who are the executives of Heritage Group Employee Benefit Trust and what are their salaries?


Here are 2 key members and their salaries:


Asphalt Materials Inc (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David L Franz (Plan Admin.)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Heritage Group Employee Benefit Trust?

Heritage Group Employee Benefit Trust's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Heritage Group Employee Benefit Trust

The Heritage Group Employee Benefit Trust, headquartered as a fraternal beneficiary society and voluntary employees association, focuses on fulfilling a crucial mission. This mission revolves around making payments for health, dental, and vision claims for its members. As a pillar of support, the Trust ensures that its beneficiaries receive necessary medical coverage, alleviating financial burdens in times of need. The organization's commitment is unwavering, as it strives to maintain the well-being and health of its members, providing relief and security during periods of medical uncertainty. By managing and settling health, dental, and vision claims, the Heritage Group Employee Benefit Trust demonstrates its dedication to fostering an environment of care and compassion for its community.

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Impact




October, 2024

The Heritage Group Employee Benefit Trust plays a significant role in supporting its members by providing critical financial assistance for health, dental, and vision claims. By facilitating these payments, the Trust alleviates the financial burden of healthcare expenses for its beneficiaries, ensuring they have access to necessary medical services without overwhelming out-of-pocket costs.

Located in Indianapolis, IN, the Trust functions as a fraternal beneficiary society and voluntary employees association, fostering a sense of community among its members. Its mission to cover essential health-related claims underscores its commitment to the well-being of its participants, promoting overall health and financial security. This support not only enhances individual quality of life but also contributes to a healthier workforce and community at large.




This information is meant to be a general summary of Heritage Group Employee 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
$53,321,497 (2023)
Expenses
$53,321,497 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $102,349
  • Program Service Revenue: $53,219,148
  • Gross Receipts: $53,321,497

Assets and Liabilities:

  • Total Assets: $5,727,049
  • Total Liabilities: $5,727,049
  • Net Assets: $0

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$42,016,041

EMPLOYEE CONTRIBUTIONS

Revenue

$8,021,539

REINSURANCE RECEIPTS

Revenue

$2,440,969

COBRA CONTRIBUTIONS

Revenue

$740,599

Organization Details

Founding Year

1990

Principal Officer

David L Franz

Main Address

PO BOX 68123, INDIANAPOLIS, IN, 46268

NTEE Category

Code: Y40 - Mutual benefit

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