Overview
What is Alabama Pharmacy Association Health Health & Welfare Plan?
Alabama Pharmacy Association Health and Welfare Plan is a nonprofit organization situated in Montgomery, Alabama. Its primary purpose is to offer health and welfare benefits to its participating members, which include both employer organizations and their employees. The plan achieves this goal by collecting contributions from member employers to fund premiums and administrative expenses. These contributions are then utilized to provide fully insured insurance contracts, ensuring the availability of essential health and welfare benefits for the plan's participants. The Alabama Pharmacy Association Health and Welfare Plan serves as a vital resource for its members, offering them peace of mind and improved overall well-being.
Official website here: www.aparx.org
Is Alabama Pharmacy Association Health Health & Welfare Plan legitimate?
Alabama Pharmacy Association Health Health & Welfare Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Alabama Pharmacy Association Health Health & Welfare Plan 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:
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Official website here: www.aparx.org
What is the mission statement of Alabama Pharmacy Association Health Health & Welfare Plan?
The Alabama Pharmacy Association Health Health & Welfare Plan is committed to providing health and welfare benefits for its participating members. This mission is carried out by offering these benefits to the member employers and their employees through fully insured insurance contracts. The plan collects contributions from participating employers to fund the premiums and administrative expenses of the health and welfare plan.
Official website here: www.aparx.org
Who is the CEO of Alabama Pharmacy Association Health Health & Welfare Plan?
Johnny Brooklere is the Plan Adminis of Alabama Pharmacy Association Health Health & Welfare Plan.
Official website here: www.aparx.org
What is the revenue of Alabama Pharmacy Association Health Health & Welfare Plan?
Alabama Pharmacy Association Health Health & Welfare Plan's revenue in 2022 was $9,401,458.
Official website here: www.aparx.org
Who are the executives of Alabama Pharmacy Association Health Health & Welfare Plan and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.aparx.org
Where can I find the form 990 for Alabama Pharmacy Association Health Health & Welfare Plan?
Alabama Pharmacy Association Health Health & Welfare Plan's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.aparx.org
Learn more at the official website: www.aparx.org
Mission Statement of Alabama Pharmacy Association Health Health & Welfare Plan
Alabama Pharmacy Association Health & Welfare Plan's mission is centered around providing health and welfare benefits to its participating members. This nonprofit organization strives to achieve this mission by offering fully insured insurance contracts to both member employers and their employees. The primary objective is to ensure that the plan collects sufficient contributions from participating employers to cover the premiums and administrative expenses associated with these benefits. The Alabama Pharmacy Association Health & Welfare Plan, through its mission, aims to enhance the overall well-being of its members, providing them with essential health and welfare coverage.
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Impact
October, 2024
The Alabama Pharmacy Association Health and Welfare Plan significantly impacts the health and welfare of its participating members and their employees. By providing health and welfare benefits, the plan enhances access to essential healthcare services, ensuring that member employers can offer quality insurance options to their workforce. This support is vital for improving the overall well-being of employees and their families, fostering a healthier community.
The plan operates through fully insured insurance contracts, which allows for predictable costs and comprehensive coverage for members. By collecting contributions from participating employers, the plan effectively funds premiums and administrative expenses, thereby creating a sustainable model for delivering these benefits.
Located in Montgomery, AL, the plan plays a crucial role in supporting local pharmacies and their employees, enhancing job satisfaction and retention through valuable health benefits. The mission is clear: to provide essential health and welfare benefits, thereby contributing to the stability and growth of the workforce within the pharmacy sector in Alabama.
This information is meant to be a general summary of Alabama Pharmacy Association Health Health & Welfare Plan. 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: $10,629
- Program Service Revenue: $9,390,829
- Gross Receipts: $9,401,458
Assets and Liabilities:
- Total Assets: $2,449,455
- Total Liabilities: $876,261
- Net Assets: $1,573,194
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PREMIUMS RECEIVED
Revenue
$9,390,829
Organization Details
Founding Year
2014
Phone
(334) 271-4222Principal Officer
Johnny Brooklere
Main Address
1211 CARMICHAEL WAY, MONTGOMERY, AL, 36106
Website
www.aparx.orgNTEE Category
Code: Y43 - Mutual benefit
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