Overview
What is Seiu Local 1 & Participating Employers Health Trust?
Seiu Local 1 & Participating Employers Health Trust is a nonprofit organization based in Chicago, Illinois, with 23 employees. Their primary mission is to offer health benefits, including hospital, surgical, major medical, and disability coverage, to eligible participants and their dependents. Established through collective bargaining agreements with SEIU Local 1 or written agreements with the plan's board of trustees, the trust aims to improve the health and wellbeing of its members.
Official website here: www.seiu1benfunds.org
What are the reviews and ratings of this charity?
Seiu Local 1 & Participating Employers Health Trust is currently not rated by Charity Navigator. The lack of a rating is due to its status as a non-501(c)(3) organization, which means it falls outside of the traditional evaluation methods used by Charity Navigator. This absence of a rating does not imply a positive or negative judgment, but rather reflects the organization's structural classification.
Charity Navigator notes that such organizations, including Seiu Local 1 & Participating Employers Health Trust, are independent and not evaluated for Accountability & Finance or other metrics like Leadership & Adaptability, Culture & Community, or Impact & Measurement due to their specific IRS registration statuses. The absence of financial data, such as total revenue, expenses, or leadership salaries, means these areas remain unexplored by the rating agency.
Since there are no user reviews available on GreatNonprofits, public feedback is limited. This makes it challenging to gauge the nonprofit's specific impact or stakeholder satisfaction based on firsthand reports from beneficiaries or supporters. As a result, individuals looking to understand the organization's effectiveness and community engagement may need to explore additional resources or direct inquiries for more detailed insight.
This AI summary has been generated from information found on Charity Navigator.
Is Seiu Local 1 & Participating Employers Health Trust legitimate?
Seiu Local 1 & Participating Employers Health Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Seiu Local 1 & Participating Employers 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: $425,502
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,511,899
For more financial information, click here
Official website here: www.seiu1benfunds.org
What is the mission statement of Seiu Local 1 & Participating Employers Health Trust?
The Seiu Local 1 & Participating Employers Health Trust is committed to providing health care benefits to members of Seiu Local 1 and their eligible dependents. This is established through collective bargaining agreements. Their mission is to offer health benefits, which include hospital, surgical, major medical, and disability coverage, to eligible participants and their dependents. These benefits are extended to those individuals who are covered by collective-bargaining agreements with Seiu Local 1 or other written agreements with the plan's board of trustees. The trust prioritizes ensuring access to comprehensive health coverage for its members.
Official website here: www.seiu1benfunds.org
Who is the CEO of Seiu Local 1 & Participating Employers Health Trust?
Genie Kastrup is the Trustee of Seiu Local 1 & Participating Employers Health Trust.
Official website here: www.seiu1benfunds.org
What is the revenue of Seiu Local 1 & Participating Employers Health Trust?
Seiu Local 1 & Participating Employers Health Trust's revenue in 2022 was $136,354,732.
Official website here: www.seiu1benfunds.org
Who are the executives of Seiu Local 1 & Participating Employers Health Trust and what are their salaries?
The average compensation at Seiu Local 1 & Participating Employers Health Trust during 2022 was $84,235. There are 23 employees at Seiu Local 1 & Participating Employers Health Trust.
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $175,000
- Other: $51,706
- Compensation: $0
- Related: $249,750
- Other: $67,404
- Compensation: $0
- Related: $127,273
- Other: $41,381
- Compensation: $0
- Related: $115,661
- Other: $38,942
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $206,900
- Related: $0
- Other: $63,263
- Compensation: $114,300
- Related: $0
- Other: $41,039
Official website here: www.seiu1benfunds.org
Where can I find the form 990 for Seiu Local 1 & Participating Employers Health Trust?
Seiu Local 1 & Participating Employers Health Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.seiu1benfunds.org
Learn more at the official website: www.seiu1benfunds.org
Mission Statement of Seiu Local 1 & Participating Employers Health Trust
Seiu Local 1 & Participating Employers Health Trust is a nonprofit organization that prioritizes the wellbeing of its members by offering health benefits. Established through collective bargaining agreements with SEIU Local 1 and other written agreements with the Trust's Board of Trustees, this entity aims to provide essential healthcare coverage to eligible participants and their dependents.
The Health Trust's mission is to extend vital healthcare benefits, encompassing hospitalization, surgical procedures, major medical care, and disability coverage, to those individuals and their families who are duly recognized under the agreements. By doing so, Seiu Local 1 & Participating Employers Health Trust plays a significant role in ensuring the overall health and well-being of its members, bolstering their quality of life and peace of mind.
The organization's commitment to health and wellness extends beyond the provision of essential healthcare benefits. It strives to offer comprehensive coverage that caters to the diverse needs of its members. By doing so, Seiu Local 1 & Participating Employers Health Trust demonstrates its unwavering dedication to the individuals it serves, enhancing their ability to focus on their personal and professional growth while having peace of mind knowing they are covered in case of health-related concerns.
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Impact
October, 2024
Seiu Local 1 & Participating Employers Health Trust plays a vital role in ensuring that eligible members and their dependents have access to essential health care benefits. Established through collective bargaining agreements, the Trust provides comprehensive coverage, including hospital, surgical, major medical, and disability benefits. This support is crucial for promoting the well-being of individuals in the workforce, particularly those represented by SEIU Local 1.
By offering these benefits, the Trust helps mitigate the financial burden of medical expenses, allowing members to focus on their work and personal lives with greater peace of mind. The Health Trust not only assists in meeting the immediate healthcare needs of its participants but also contributes to their long-term health outcomes, fostering a healthier community overall. This impact is felt in Chicago and beyond, as the Trust's programs support both individual families and the collective strength of the workforce.
This information is meant to be a general summary of Seiu Local 1 & Participating Employers 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,500,476
- Program Service Revenue: $134,111,095
- Gross Receipts: $349,505,108
Assets and Liabilities:
- Total Assets: $141,125,859
- Total Liabilities: $242,257
- Net Assets: $140,883,602
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$132,392,003
REIMB. OF SHARED EXPENSES FROM RE
Revenue
$1,049,134
COBRA CONTRIBUTIONS
Revenue
$347,705
LIQUIDATED DAMAGES
Revenue
$322,253
Organization Details
Founding Year
1974
Phone
(312) 233-8800Principal Officer
Genie Kastrup
Main Address
111 EAST WACKER DRIVE 17TH FLOOR, CHICAGO, IL, 60601
Website
www.seiu1benfunds.orgNTEE Category
Code: Y40 - Mutual benefit
If you are a representative of Seiu Local 1 & Participating Employers Health Trust and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.