Mosaic Employee Welfare Benefit Plan

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

EIN: 363831874 ✦ Omaha, NE ✦ Designated as a 501(c)(9)

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Overview

What is Mosaic Employee Welfare Benefit Plan?

Mosaic Employee Welfare Benefit Plan is a self-funded nonprofit organization based in Omaha, Nebraska, with an address at 4980 South 118th Street A. Their mission is to provide comprehensive medical and dental care, mental and nervous disorder assistance, and education compensation benefits to eligible employees and their dependents of Mosaic and its affiliates. The organization had 2,815 eligible employees during the year, with 1,417 participating in the plan. The benefits offered include employee assistance programs and self-funded health care.

Is Mosaic Employee Welfare Benefit Plan legitimate?

Mosaic Employee Welfare Benefit Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Mosaic Employee 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:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Mosaic Employee Welfare Benefit Plan?

The Mosaic Employee Welfare Benefit Plan is committed to providing self-funded healthcare, dental care, and education compensation benefits to eligible employees and their covered dependents. The mission of this plan is to ensure the wellbeing of its participants by offering comprehensive medical and dental coverage, as well as resources for mental and nervous disorders. Approximately 1,417 out of 2,815 eligible employees have availed of these benefits during the current calendar year.

Who is the CEO of Mosaic Employee Welfare Benefit Plan?

Scott Hoffman is the Chief Executive Officer of Mosaic Employee Welfare Benefit Plan. The CEO's salary of Mosaic Employee Welfare Benefit Plan is $0 and their total compensation is $803,092.

What is the revenue of Mosaic Employee Welfare Benefit Plan?

Mosaic Employee Welfare Benefit Plan's revenue in 2022 was $18,432,880.

Who are the executives of Mosaic Employee Welfare Benefit Plan and what are their salaries?


Here are 4 key members and their salaries (Mosaic Employee Welfare Benefit Plan's CEO's salary is $0 and their total compensation is $803,092):


Linda Timmons (Chief Executive Officer)
  • Compensation: $0
  • Related: $648,851
  • Other: $154,241
Scott Hoffman (Chief Financial Officer)
  • Compensation: $0
  • Related: $373,725
  • Other: $66,497
Great Western Bank (Trustee Thru 08/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Security National Bank (Trustee As Of 09/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Mosaic Employee Welfare Benefit Plan?

Mosaic Employee Welfare Benefit Plan's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Mosaic Employee Welfare Benefit Plan

Mosaic Employee Welfare Benefit Plan is a self-funded health care and compensation benefits provider for eligible employees and their covered dependents. The organization's primary mission is to ensure the wellbeing of its participants by offering comprehensive medical and dental care, mental health assistance, and education compensation benefits.

With a commitment to improving the quality of life for its members, Mosaic Employee Welfare Benefit Plan provides essential healthcare services that cater to the diverse needs of its participants. Through its comprehensive medical and dental care offerings, the organization ensures that eligible employees and their dependents have access to necessary healthcare services. Furthermore, the plan extends its reach by offering mental health assistance, addressing the growing concern for mental and nervous disorders that often go overlooked.

Additionally, the Mosaic Employee Welfare Benefit Plan recognizes the importance of education and its role in shaping a better future. To that end, it offers education compensation benefits, ensuring that participants can invest in their learning and personal growth. During the reported calendar year, 2,815 eligible employees were part of the Mosaic Employee Welfare Benefit Plan, with 1,417 of these employees actively participating in the plan.

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Impact




October, 2024

The Mosaic Employee Welfare Benefit Plan significantly impacts the well-being of eligible employees and their dependents by providing essential self-funded health care and dental care services. This comprehensive plan ensures that participants have access to necessary medical and dental treatments, which is crucial for maintaining overall health and productivity.

Additionally, the plan offers support for mental health issues through employee assistance programs, addressing mental and nervous disorders, which is increasingly recognized as vital in today's work environment. By covering these types of care, the plan fosters a healthier workforce, ultimately contributing to a more positive workplace culture and enhanced job satisfaction.

With 2,815 eligible employees, of which 1,417 are participating, the plan plays a vital role in alleviating financial burdens associated with healthcare and education for employees and their families. This support allows employees to focus on their work without the stress of medical expenses and promotes a more engaged and committed workforce.

In summary, the Mosaic Employee Welfare Benefit Plan enhances the quality of life for its participants, supporting both physical and mental health while contributing to a more sustainable and productive work environment.




This information is meant to be a general summary of Mosaic Employee 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.

Revenue
$18,432,880 (2022)
Expenses
$16,287,908 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$39,749
  • Program Service Revenue: $18,472,629
  • Gross Receipts: $18,687,966

Assets and Liabilities:

  • Total Assets: $9,269,524
  • Total Liabilities: $1,763,037
  • Net Assets: $7,506,487

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$10,528,619

EMPLOYEE CONTRIBUTIONS

Revenue

$7,944,010

Organization Details

Founding Year

1991

Principal Officer

Scott Hoffman

Main Address

4980 SOUTH 118TH STREET A, OMAHA, NE, 68137

NTEE Category

Code: Y40 - Mutual benefit

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