Overview
What is Vigilant Group Benefits Trust?
Vigilant Group Benefits Trust is a nonprofit organization based in Mukilteo, Washington, with a PO Box address. The Trust's primary objective is to facilitate the provision of health and welfare benefits to employees and their dependents under the employee benefit plans maintained by participating employers. By pooling resources through group insurance arrangements, the Trust enables employers to offer a diverse range of qualified benefits to their workforce.
Official website here: www.vigilant.org
Is Vigilant Group Benefits Trust legitimate?
Vigilant Group Benefits Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Vigilant Group Benefits 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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Official website here: www.vigilant.org
What is the mission statement of Vigilant Group Benefits Trust?
The Vigilant Group Benefits Trust is a organization created to offer health and welfare benefits to eligible employees of participating employers through group insurance arrangements. The trust's primary mission is to make these benefits accessible and exclusive to the employees in question. The Trust was established as a holding entity for insurance policies, enabling participating employers to provide comprehensive employee benefit plans, including various insurance programs, under the umbrella of the trust. The trust's purpose is to provide a platform for collaboration between Vigilant, a trade association, and participating employers, ensuring that the offered benefits cater to the unique needs of their workforce.
Official website here: www.vigilant.org
Who is the CEO of Vigilant Group Benefits Trust?
Rodger Glos is the Chairman of Vigilant Group Benefits Trust.
Official website here: www.vigilant.org
What is the revenue of Vigilant Group Benefits Trust?
Vigilant Group Benefits Trust's revenue in 2022 was $25,677,201.
Official website here: www.vigilant.org
Who are the executives of Vigilant Group Benefits Trust and what are their salaries?
Here are 3 key members and their salaries:
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- Other: $0
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Official website here: www.vigilant.org
Where can I find the form 990 for Vigilant Group Benefits Trust?
Vigilant Group Benefits Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.vigilant.org
Learn more at the official website: www.vigilant.org
Mission Statement of Vigilant Group Benefits Trust
Vigilant Group Benefits Trust, a trade association trust, is dedicated to offering qualified health and welfare benefits to its participating employers through group insurance arrangements. In essence, the Trust acts as a vessel for Vigilant and its member companies to provide comprehensive health and other insurance programs to their employees and their dependents. The trust agreement empowers the Trust to hold insurance policies that participating employers can access, allowing them to enhance their employee benefit plans. By pooling resources together, the Trust enables its members to offer competitive and cost-effective benefits packages, thereby improving the overall wellbeing of their workforce.
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Impact
October, 2024
Vigilant Group Benefits Trust significantly enhances access to qualified health and welfare benefits for employees across participating organizations. By establishing a structured platform for group insurance arrangements, it allows employers to offer comprehensive health and wellness programs, which are vital for supporting the well-being of their workforce and their families.
Located in Mukilteo, WA, the Trust serves a crucial role for trade associations and their member employers by centralizing the provision of insurance benefits. This collective approach not only improves the quality of available benefits but also creates economies of scale that can reduce costs for participating entities. By focusing on mutual benefit, the Trust ensures that eligible employees receive valuable health coverage, ultimately fostering a more secure and motivated workforce.
In essence, Vigilant Group Benefits Trust facilitates a collaborative effort among employers to enhance employee welfare, strengthening the overall community while promoting a healthier work environment.
This information is meant to be a general summary of Vigilant Group Benefits 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: $2,375
- Program Service Revenue: $25,674,826
- Gross Receipts: $25,677,201
Assets and Liabilities:
- Total Assets: $1,796,212
- Total Liabilities: $1,220,151
- Net Assets: $576,061
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Employer contributions, net
Revenue
$25,380,015
Participant contributions, net
Revenue
$294,811
Organization Details
Founding Year
2007
Phone
(425) 771-7359Principal Officer
Rodger Glos
Main Address
PO Box 6, Mukilteo, WA, 98275
Website
www.vigilant.orgNTEE Category
Code: Y40 - Mutual benefit
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