Overview
What is Western Area School Employee Benefits Trust?
The Western Area School Employee Benefits Trust is a nonprofit organization that provides group health plan coverage for members, their spouses, and dependents. Located at 120 West Carroll Street in Macomb, Illinois (61455), the Trust operates as a self-insured risk pool for employee benefits of member-governmental employers. In accordance with the provisions of the Western Area School Health Benefits Plan, the Trust serves as a funding vehicle to offer benefits to its members.
Official website here: www.washbp.com
Is Western Area School Employee Benefits Trust legitimate?
Western Area School Employee Benefits Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Western Area School Employee 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
For more financial information, click here
Official website here: www.washbp.com
What is the mission statement of Western Area School Employee Benefits Trust?
The Western Area School Employee Benefits Trust serves as a self-insured risk pool, providing employee benefits for members of governmental employers. Its primary mission is to facilitate the distribution of benefits in accordance with the Western Area School Health Benefits Plan. The trust focuses on offering group health plan coverage to members, their spouses, and dependents. By doing so, it ensures that eligible individuals have access to essential health benefits, enhancing their overall well-being. The trust's objectives revolve around securing comprehensive health coverage for its members, promoting their health and wellness, and ensuring the financial sustainability of the benefits program.
Official website here: www.washbp.com
Who is the CEO of Western Area School Employee Benefits Trust?
Matt Plater is the Chairman of Western Area School Employee Benefits Trust.
Official website here: www.washbp.com
What is the revenue of Western Area School Employee Benefits Trust?
Western Area School Employee Benefits Trust's revenue in 2022 was $12,196,404.
Official website here: www.washbp.com
Who are the executives of Western Area School Employee Benefits Trust and what are their salaries?
Here are 23 key members and their salaries:
- Compensation: $0
- Related: $189,976
- Other: $0
- Compensation: $0
- Related: $165,814
- Other: $0
- Compensation: $0
- Related: $159,880
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $143,955
- Other: $0
- Compensation: $0
- Related: $128,970
- Other: $0
- Compensation: $0
- Related: $131,143
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $128,430
- Other: $0
- Compensation: $0
- Related: $122,468
- Other: $0
- Compensation: $0
- Related: $118,197
- Other: $0
- Compensation: $0
- Related: $111,485
- Other: $0
- Compensation: $0
- Related: $120,209
- Other: $0
- Compensation: $0
- Related: $113,254
- Other: $0
- Compensation: $0
- Related: $112,587
- Other: $0
- Compensation: $0
- Related: $112,379
- Other: $0
- Compensation: $0
- Related: $101,459
- Other: $0
- Compensation: $0
- Related: $102,341
- Other: $0
- Compensation: $0
- Related: $97,455
- Other: $0
- Compensation: $0
- Related: $116,150
- Other: $0
- Compensation: $0
- Related: $54,375
- Other: $0
- Compensation: $0
- Related: $80,553
- Other: $0
- Compensation: $0
- Related: $122,000
- Other: $0
Official website here: www.washbp.com
Where can I find the form 990 for Western Area School Employee Benefits Trust?
Western Area School Employee Benefits Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.washbp.com
Learn more at the official website: www.washbp.com
Mission Statement of Western Area School Employee Benefits Trust
Western Area School Employee Benefits Trust, often referred to as WASEB, serves as a self-insured risk pool for employee benefits of member-governmental employers. Its mission is to fund and administer benefits in accordance with the provisions of the Western Area School Health Benefits Plan. WASEB plays a crucial role in providing group health plan coverage for members, their spouses, and dependents. By pooling resources, WASEB enables its members to offer comprehensive and affordable health benefits to their employees, ensuring they have access to essential healthcare services. The trust's primary function is to manage the risks associated with providing employee benefits, and by doing so, it helps its members mitigate financial uncertainties and maintain financial stability.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Western Area School Employee Benefits Trust plays a significant role in enhancing the employee benefits landscape for member governmental employers in Macomb, IL. By operating as a self-insured risk pool, it provides group health plan coverage for employees, their spouses, and dependents, ensuring comprehensive support for their health and well-being.
This funding vehicle enables participating organizations to manage health benefits more effectively, pooling resources to minimize individual financial risk while maximizing the availability of essential health services. The trust facilitates access to quality healthcare through a structured benefits plan, promoting better health outcomes and job satisfaction among employees. This, in turn, strengthens workforce stability and productivity by addressing the vital health needs of staff and their families.
By aligning with the Western Area School Health Benefits Plan, the trust ensures that member employers can offer competitive benefits without the burden of unmanageable costs, fostering a cooperative approach to employee welfare. The trust's mutual benefit framework enhances the overall quality of life for employees in the region, contributing to a healthier and more engaged community.
This information is meant to be a general summary of Western Area School Employee 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: $14,734
- Program Service Revenue: $12,181,670
- Gross Receipts: $12,196,404
Assets and Liabilities:
- Total Assets: $3,185,255
- Total Liabilities: $2,726,811
- Net Assets: $458,444
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$12,057,312
COBRA CONTRIBUTIONS
Revenue
$118,787
MISCELLANEOUS
Revenue
$5,571
Organization Details
Founding Year
1984
Phone
(309) 833-1430Principal Officer
Matt Plater
Main Address
120 WEST CARROLL STREET, MACOMB, IL, 61455
Website
www.washbp.comNTEE Category
Code: Y44 - Mutual benefit
If you are a representative of Western Area School Employee Benefits 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.