Overview
What is Lgbt Benefit Plan Trust?
The LGBT Benefit Plan Trust is a nonprofit organization that offers comprehensive health benefits to eligible individuals and their dependents. This welfare benefit plan encompasses hospital care, medical services, dental care, mental health support, prescription drug coverage, and vision care. The trust's mission is to ensure these essential healthcare services are accessible to its participants, contributing to their overall well-being. The specific activities or mission details, as per the provided information, are scheduled for a later date.
Is Lgbt Benefit Plan Trust legitimate?
Lgbt Benefit Plan Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Lgbt Benefit Plan 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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What is the mission statement of Lgbt Benefit Plan Trust?
The LGBT Benefit Plan Trust serves as a welfare benefit plan, offering hospital, medical, dental, mental health, prescription drug, and vision care benefits to eligible active participants and their dependents. Its primary mission is to provide these essential healthcare services, ensuring accessibility and support for the individuals covered under this plan. The trust aims to enhance the overall health and well-being of its beneficiaries through the comprehensive range of medical benefits it offers. It is crucial to note that the LGBT Benefit Plan Trust does not disclose a specific mission statement beyond its activity description and purpose as a welfare benefit plan.
What is the revenue of Lgbt Benefit Plan Trust?
Lgbt Benefit Plan Trust's revenue in 2023 was $8,649,061.
Who are the executives of Lgbt Benefit Plan Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Lgbt Benefit Plan Trust?
Lgbt Benefit Plan Trust's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Lgbt Benefit Plan Trust
The LGBT Benefit Plan Trust, as a welfare benefit plan, is committed to delivering hospital, medical, dental care, mental health, prescription drug, and vision care benefits to eligible active participants and their dependents. In essence, this nonprofit organization serves to ensure that eligible individuals have access to essential healthcare services, thereby promoting their overall well-being. By providing a comprehensive range of benefits, the LGBT Benefit Plan Trust aims to enhance the quality of life for its beneficiaries, addressing various health needs and promoting preventive care.
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Impact
October, 2024
The LGBT Benefit Plan Trust plays a significant role in enhancing the health and well-being of its participants by offering a comprehensive package of essential benefits. This includes hospital, medical, dental, mental health, prescription drug, and vision care benefits, which are crucial for ensuring access to healthcare for individuals and their families.
By providing these vital services, the Trust addresses the specific needs of the LGBT community, promoting inclusivity and health equity. The availability of mental health benefits is particularly important, as it supports individuals in overcoming barriers related to stigma and discrimination. Furthermore, by extending coverage to dependents, the Trust reinforces the importance of family health, ensuring that all members can access necessary healthcare services.
Overall, the LGBT Benefit Plan Trust significantly impacts healthcare accessibility and quality within the LGBT community, fostering a supportive environment that prioritizes the health and welfare of its participants.
This information is meant to be a general summary of Lgbt Benefit Plan 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 2023.
- Program Service Revenue: $8,649,061
- Gross Receipts: $8,649,061
Assets and Liabilities:
- Total Assets: $144,109
- Total Liabilities: $2,618
- Net Assets: $141,491
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$8,623,588
COBRA CONTRIBUTIONS
Revenue
$25,473
Organization Details
Founding Year
2013
Principal Officer
Paul A Bechely
NTEE Category
Code: Y44 - Mutual benefit
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