Vancouver Firefighters Union Health And Welfare Trust

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

EIN: 453280396 ✦ Vancouver, WA ✦ Designated as a 501(c)(9)

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Overview

What is Vancouver Firefighters Union Health And Welfare Trust?

The Vancouver Firefighters Union Health and Welfare Trust is a nonprofit organization situated in Vancouver, Washington. Its primary aim is to leverage the collective strength of its members, as represented by Local No. 452, to procure competitively priced medical benefits and insurance plans. The Trust offers four distinct welfare benefit programs, namely Medical/Prescription/Vision, Dental, Long-Term Disability, and Health Reimbursement Arrangement. Its mission is to provide comprehensive health benefits to its members, their spouses, qualified domestic partners, and dependents. The Trust is managed by a workforce of two individuals.


Official website here: www.vanfiretrust.org

Is Vancouver Firefighters Union Health And Welfare Trust legitimate?

Vancouver Firefighters Union Health And Welfare Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Vancouver Firefighters Union Health And Welfare 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.vanfiretrust.org

What is the mission statement of Vancouver Firefighters Union Health And Welfare Trust?

The Vancouver Firefighters Union Health and Welfare Trust was established with the purpose of leveraging the collective strength of its members to secure affordable medical benefits and insurance products. Its primary mission is to provide health benefits for its members, their spouses, qualified domestic partners, and dependents. The Trust offers four distinct welfare benefit programs, including medical, prescription, and vision coverage, dental care, long-term disability, and a Health Reimbursement Arrangement. The main goal is to ensure the well-being of its members by offering comprehensive health benefits.


Official website here: www.vanfiretrust.org

What is the revenue of Vancouver Firefighters Union Health And Welfare Trust?

Vancouver Firefighters Union Health And Welfare Trust's revenue in 2023 was $7,392,308.


Official website here: www.vanfiretrust.org

Who are the executives of Vancouver Firefighters Union Health And Welfare Trust and what are their salaries?

There are 2 employees at Vancouver Firefighters Union Health And Welfare Trust.

Here are 6 key members and their salaries:


Nick Lazzaretto (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Johnston (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Morrisey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raymond Egan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judson Mccauley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darrin Deming (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.vanfiretrust.org

Where can I find the form 990 for Vancouver Firefighters Union Health And Welfare Trust?

Vancouver Firefighters Union Health And Welfare Trust's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.vanfiretrust.org

Learn more at the official website: www.vanfiretrust.org

Mission Statement of Vancouver Firefighters Union Health And Welfare Trust

The Vancouver Firefighters Union Health and Welfare Trust, abbreviated as VFWT, was established with a mission to empower its members, belonging to Local No. 452, by leveraging their collective strength. This collective power allows them to negotiate competitively priced medical benefits and insurance products. The primary objective of the Trust is to provide comprehensive health benefits for its members, their spouses, qualified domestic partners, and dependents.

To accomplish this mission, VFWT has structured four distinct welfare benefit programs. The first of these is the Medical/Prescription/Vision Program, which aims to cover a wide range of healthcare services, including necessary medications and vision care. The second program, Dental, focuses on oral health, ensuring members have access to dental treatments and procedures. The Long-Term Disability Program is designed to offer financial assistance to members who are unable to work due to prolonged illness or injury. Lastly, the Health Reimbursement Arrangement Program serves as a safety net, reimbursing members for eligible healthcare expenses not covered by other plans.

In essence, the Vancouver Firefighters Union Health and Welfare Trust is committed to safeguarding the well-being of its members by providing them with a comprehensive suite of health benefits. By ensuring access to medical, dental, disability, and reimbursement programs, VFWT enables its members to focus on their health and wellness, without the added burden of worrying about financial constraints in the event of unforeseen medical challenges.

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Impact




October, 2024

The Vancouver Firefighters Union Health and Welfare Trust significantly impacts its members by leveraging collective purchasing power and bargaining rights to secure affordable medical benefits and insurance products. By organizing four distinct welfare benefit programs—Medical/Prescription/Vision, Dental, Long-Term Disability, and Health Reimbursement Arrangement—it effectively addresses a range of health-related needs.

This comprehensive approach not only assists members and their families, including spouses, domestic partners, and dependents, but also fosters a sense of community and mutual support among the firefighters. The financial protection offered through these programs helps ensure that members can access necessary medical care without incurring overwhelming costs. Overall, the Trust enhances the well-being and financial security of its members, reinforcing the importance of collective action in promoting health benefits.




This information is meant to be a general summary of Vancouver Firefighters Union Health And Welfare 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.

Revenue
$7,392,308 (2023)
Expenses
$6,733,081 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $428,524
  • Program Service Revenue: $6,963,784
  • Gross Receipts: $7,392,308

Assets and Liabilities:

  • Total Assets: $10,588,576
  • Total Liabilities: $581,000
  • Net Assets: $10,007,576

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Programs

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

Employer contributions

Revenue

$5,877,680

Participant contributi

Revenue

$1,086,104

Organization Details

Founding Year

2011

Principal Officer

Nick Lazzaretto

NTEE Category

Code: Y43 - Mutual benefit

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