Overview
What is Madison Area Construction Employees Trust - Health & Welfare?
Madison Area Construction Employees Trust - Health & Welfare is a nonprofit organization based in Madison, Wisconsin. Their primary objective is to offer affordable group health coverage to its members. Through this initiative, they provide various group insurance benefits to their members. The organization is dedicated to making healthcare accessible and cost-effective for those involved in the construction industry.
Is Madison Area Construction Employees Trust - Health & Welfare legitimate?
Madison Area Construction Employees Trust - Health & Welfare is a legitimate nonprofit organization registered as a 501(c)(9) entity. Madison Area Construction Employees Trust - Health & Welfare 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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What is the mission statement of Madison Area Construction Employees Trust - Health & Welfare?
The Madison Area Construction Employees Trust - Health & Welfare is a organization dedicated to offering reasonably priced group health coverage to its members. Its primary mission is to ensure accessible and affordable healthcare solutions for the individuals it serves. Through group insurance programs, the trust aims to provide essential health benefits to its members, enhancing their overall wellbeing. By pooling resources, the organization is able to offer more cost-effective options than if each member were to secure coverage individually. The trust's commitment to reasonably priced group health coverage is a key aspect of its mission, ensuring that its members have access to vital healthcare services.
Who is the CEO of Madison Area Construction Employees Trust - Health & Welfare?
Paul Christensen is the Trustee of Madison Area Construction Employees Trust - Health & Welfare.
What is the revenue of Madison Area Construction Employees Trust - Health & Welfare?
Madison Area Construction Employees Trust - Health & Welfare's revenue in 2022 was $14,504,915.
Who are the executives of Madison Area Construction Employees Trust - Health & Welfare and what are their salaries?
There 5 volunteers at Madison Area Construction Employees Trust - Health & Welfare.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $164,232
- Other: $110,874
- Compensation: $0
- Related: $150,678
- Other: $100,231
- Compensation: $0
- Related: $133,179
- Other: $89,701
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Madison Area Construction Employees Trust - Health & Welfare?
Madison Area Construction Employees Trust - Health & Welfare's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Madison Area Construction Employees Trust - Health & Welfare
Madison Area Construction Employees Trust - Health & Welfare is a dedicated organization that strives to provide affordable group health coverage for its valued members. The mission of this trust is geared towards ensuring that members have access to reasonably priced health benefits.
By pooling resources and leveraging collective bargaining power, Madison Area Construction Employees Trust - Health & Welfare is able to offer a range of group insurance plans that cater to the diverse needs of its members. The organization takes pride in delivering cost-effective solutions, making healthcare more accessible and manageable for its members.
Through its programs and initiatives, Madison Area Construction Employees Trust - Health & Welfare empowers its members to focus on their wellbeing rather than the financial burden of healthcare costs. The trust's commitment to affordable healthcare enables its members to lead healthier lives, ultimately contributing to a more productive and thriving community.
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Impact
October, 2024
Madison Area Construction Employees Trust - Health & Welfare plays a crucial role in offering affordable group health coverage to its members, helping to mitigate the financial burdens associated with healthcare expenses. By providing access to essential health benefits, the organization ensures that members can focus on their work in the construction industry without the added stress of unaffordable medical costs. This support fosters a healthier workforce, leading to improved productivity and job satisfaction.
The trust also contributes to the overall well-being of the community in Madison, Wisconsin, by promoting better health outcomes among its members. By facilitating access to reasonably priced health insurance, it encourages regular medical check-ups, preventative care, and timely treatments, which can lead to a reduction in hospital visits and emergency care. This, in turn, benefits the local healthcare system and contributes to the economic stability of the region.
In addition to financial relief, Madison Area Construction Employees Trust - Health & Welfare strengthens the bond among members, fostering a sense of community and mutual support. The organization not only aids individuals but also reinforces the construction industry's commitment to the welfare of its workforce. Overall, the impact of this trust is profound, as it empowers members through health coverage and enhances their quality of life.
This information is meant to be a general summary of Madison Area Construction Employees Trust - Health & Welfare. 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: $476,397
- Program Service Revenue: $14,028,518
- Gross Receipts: $21,928,748
Assets and Liabilities:
- Total Assets: $17,970,441
- Total Liabilities: $10,622,946
- Net Assets: $7,347,495
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$13,699,829
SELF-PAY CONTRIBUTIONS
Revenue
$328,689
Organization Details
Founding Year
1966
Phone
(608) 278-9500Principal Officer
Paul Christensen
Main Address
2901 W BELTLINE HWY SUITE 100, MADISON, WI, 53713
NTEE Category
Code: Y40 - Mutual benefit
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