Cedar Health Trust

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

EIN: 472859356 ✦ Tacoma, WA ✦ Designated as a 501(c)(9)

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Overview

What is Cedar Health Trust?

Cedar Health Trust is a nonprofit organization situated in Tacoma, Washington. Its primary objective is to gather funds for providing health and welfare benefits, sourced from employer contributions and eligible individuals who can make self-payments, in accordance with applicable laws. The mission of this trust is to utilize these collected funds to offer health and welfare benefits to the eligible participants.

Is Cedar Health Trust legitimate?

Cedar Health Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Cedar Health 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

What is the mission statement of Cedar Health Trust?

Cedar Health Trust's primary mission is to offer health and welfare benefits to eligible participants. This mission is achieved through the collection of contributions from employers and individuals eligible for self-payments, as per the applicable law. The purpose of these contributions is to fund these essential health and welfare benefits. The trust serves as a vital resource for individuals in need of these benefits, aiming to enhance their overall well-being.

Who is the CEO of Cedar Health Trust?

Steve Schramm is the Chairman(As Of 06/2022) of Cedar Health Trust.

What is the revenue of Cedar Health Trust?

Cedar Health Trust's revenue in 2022 was $3,325,433.

Who are the executives of Cedar Health Trust and what are their salaries?

There 3 volunteers at Cedar Health Trust.


Here are 4 key members and their salaries:


Steve Schramm (Chairman(As Of 06/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Zak Ramadan-Jradi (Chairman(Through 05/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Kailee Elliott (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cyndy Jackson (Trustee(Through 05/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Cedar Health Trust?

Cedar Health Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Cedar Health Trust

Cedar Health Trust is a organization dedicated to providing health and welfare benefits to eligible participants. The purpose of this trust is to collect contributions from employers and individuals eligible for self-payments under applicable law, with the intent of funding these health and welfare benefits. The trust serves as a crucial source of support for those in need, ensuring they have access to essential healthcare services.

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Impact




October, 2024

Cedar Health Trust plays a crucial role in enhancing the well-being of its participants by providing essential health and welfare benefits. By mobilizing contributions from employers and enabling self-pay options for eligible individuals, the Trust ensures that a broader segment of the community has access to necessary health services. Operating out of Tacoma, WA, its mission focuses on creating a sustainable funding model for health and welfare benefits, which directly supports the financial security and health outcomes of its participants. The impact of Cedar Health Trust is evident in the way it promotes mutual benefit, fostering a healthier population and reducing the burdens associated with healthcare costs.




This information is meant to be a general summary of Cedar Health 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
$3,325,433 (2022)
Expenses
$3,312,803 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $182
  • Program Service Revenue: $3,325,251
  • Gross Receipts: $3,325,433

Assets and Liabilities:

  • Total Assets: $87,662
  • Total Liabilities: $25,884
  • Net Assets: $61,778

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$3,321,262

PARTICIPANT CONTRIBUTI

Revenue

$3,989

Organization Details

Founding Year

2019

Principal Officer

Steve Schramm

Main Address

820-5-ACO 820 A STREET, TACOMA, WA, 98402

NTEE Category

Code: Y43 - Mutual benefit

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