Overview
What is Health Facilities Insurance Trust?
Health Facilities Insurance Trust is a nonprofit organization situated in Inwood, New York, with a specific mission to preserve the assets associated with a health benefit plan titled 'Health Facilities Insurance Trust.' This plan is designed to provide payment for health and insurance benefits to the employees and their dependents of various participating companies. The organization's primary function is to safeguard the financial resources allocated to this health benefit plan, ensuring its continuity and stability.
Is Health Facilities Insurance Trust legitimate?
Health Facilities Insurance Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Health Facilities Insurance 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 Health Facilities Insurance Trust?
The Health Facilities Insurance Trust is committed to maintaining the assets associated with the Health Benefit Plan it oversees. This mission is crucial in ensuring the payment of health and insurance benefits for the employees and their dependents from various participating companies. By preserving the trust's assets, the organization aims to provide financial security and support for those enrolled in the plan. This mission underscores the trust's role as a reliable provider of health benefits, ensuring that individuals and families can access the medical care they require when needed.
Who is the CEO of Health Facilities Insurance Trust?
Charles Edouard Gros is the Trustee of Health Facilities Insurance Trust.
What is the revenue of Health Facilities Insurance Trust?
Health Facilities Insurance Trust's revenue in 2022 was $3,535,378.
Who are the executives of Health Facilities Insurance Trust and what are their salaries?
There 2 volunteers at Health Facilities Insurance Trust.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Health Facilities Insurance Trust?
Health Facilities Insurance Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Health Facilities Insurance Trust
Health Facilities Insurance Trust is committed to preserving the assets associated with the Health Benefit Plan, a plan known as Health Facilities Insurance Trust. In simpler terms, this organization's mission is to safeguard the financial resources allocated for providing health and insurance benefits to the employees and their dependents of various participating companies. By maintaining the trust's assets, Health Facilities Insurance Trust ensures the continuity of these benefits, providing a crucial safety net for its beneficiaries.
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Impact
October, 2024
Health Facilities Insurance Trust plays a crucial role in maintaining the health benefit plan for employees and their dependents across various participating companies. By focusing on the management and preservation of its assets, it ensures that members have reliable access to health and insurance benefits. This impact extends to enhancing the overall wellbeing of employees, which can lead to improved productivity and job satisfaction within the workplace. Additionally, the Trust acts as a mutual benefit entity, fostering a collaborative approach among participating organizations to secure comprehensive health coverage for their workforce. Its efforts contribute significantly to the financial stability and health security of employees and their families in Inwood, NY, and beyond.
This information is meant to be a general summary of Health Facilities Insurance 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 2022.
- Program Service Revenue: $3,535,378
- Gross Receipts: $3,535,378
Assets and Liabilities:
- Total Assets: $9,885,715
- Total Liabilities: $1,270
- Net Assets: $9,884,445
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Employee Contributions
Revenue
$1,326,439
Employer Contributions
Revenue
$2,208,939
Organization Details
Founding Year
2014
Phone
(718) 360-8083Principal Officer
Charles Edouard Gros
Main Address
460 BAYVIEW AVENUE, INWOOD, NY, 11096
NTEE Category
Code: Y43 - Mutual benefit
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