Afognak Native Corporation Fringe Benefit Trust

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

EIN: 477303389 ✦ Anchorage, AK ✦ Designated as a 501(c)(9)

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Overview

What is Afognak Native Corporation Fringe Benefit Trust?

The Afognak Native Corporation Fringe Benefit Trust is a nonprofit organization that offers medical, dental, vision, prescription drug, life insurance, short-term disability, long-term disability, and other fringe benefits to all employees and their dependents of the Afognak Native Corporation and its subsidiaries. Based in Anchorage, Alaska, the trust had 2,653 participants as of December 31, 2022. The organization's mission is to provide essential health and wellness benefits, ensuring the well-being and security of the workforce within the corporation.


Official website here: www.afognak.com

What are the reviews and ratings of this charity?

The Afognak Native Corporation Fringe Benefit Trust is currently not rated by Charity Navigator. Charity Navigator's evaluation methods rely on various "beacon scores," but the trust does not have the necessary criteria for these evaluations. It is important to note that a lack of rating is not inherently negative; it simply means that the organization hasn't been assessed based on Charity Navigator’s criteria, which include elements like Accountability & Finance.

Charity Navigator does not have access to key financial information for this trust, such as revenue, expenses, and salaries of key personnel. The absence of such data contributes to the inability to provide a comprehensive rating. Additionally, the trust is not registered as a 501(c)(3) nonprofit, which limits available evaluations on Impact & Measurement, Culture & Community, and Leadership & Adaptability.

There are no user reviews available from GreatNonprofits for the Afognak Native Corporation Fringe Benefit Trust. This absence of feedback means there's limited insight into personal experiences or community impact as perceived by individuals associated with or affected by the Trust's activities.


This AI summary has been generated from information found on Charity Navigator.

Is Afognak Native Corporation Fringe Benefit Trust legitimate?

Afognak Native Corporation Fringe Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Afognak Native Corporation Fringe Benefit 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.afognak.com

What is the mission statement of Afognak Native Corporation Fringe Benefit Trust?

The Afognak Native Corporation Fringe Benefit Trust offers a comprehensive range of benefits to employees and their dependents. This includes medical, dental, vision, prescription drug coverage, life insurance, short-term disability, long-term disability, and other fringe benefits. The trust's commitment extends to all employees of the Afognak Native Corporation and its subsidiaries. As of December 31, 2022, over 2,600 participants were enrolled in the plan. By providing these essential benefits, the trust aims to ensure the wellbeing and security of its members, fostering a healthy and productive workforce.


Official website here: www.afognak.com

Who is the CEO of Afognak Native Corporation Fringe Benefit Trust?

Patricia Watson is the Trustee of Afognak Native Corporation Fringe Benefit Trust.


Official website here: www.afognak.com

What is the revenue of Afognak Native Corporation Fringe Benefit Trust?

Afognak Native Corporation Fringe Benefit Trust's revenue in 2022 was $23,150,005.


Official website here: www.afognak.com

Who are the executives of Afognak Native Corporation Fringe Benefit Trust and what are their salaries?


Here are 4 key members and their salaries:


Patricia Watson (Trustee)
  • Compensation: $0
  • Related: $275,819
  • Other: $17,781
Greg Hambright (Trustee)
  • Compensation: $0
  • Related: $1,396,830
  • Other: $28,747
Kathleen Villars (Trustee)
  • Compensation: $0
  • Related: $443,479
  • Other: $12,777
Amy Shimek (Trustee)
  • Compensation: $0
  • Related: $432,229
  • Other: $0


Official website here: www.afognak.com

Where can I find the form 990 for Afognak Native Corporation Fringe Benefit Trust?

Afognak Native Corporation Fringe Benefit Trust's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.afognak.com

Learn more at the official website: www.afognak.com

Mission Statement of Afognak Native Corporation Fringe Benefit Trust

Afognak Native Corporation Fringe Benefit Trust is dedicated to enhancing the well-being of all employees and their dependents in the corporation and its subsidiaries. This trust goes beyond the usual scope of employment by providing a comprehensive range of fringe benefits, ensuring that medical, dental, vision, prescription drug, life insurance, short-term disability, and long-term disability needs are met. With a mission to safeguard the health and welfare of its workforce, the trust offers essential benefits that foster overall well-being and promote peace of mind.

Established to serve the Afognak Native Corporation and its subsidiaries, this trust makes a significant impact on the lives of its participants. As of December 31, 2022, the plan had 2,653 participants who benefit from this generous offering. This extensive coverage ensures that the workforce remains focused on their professional endeavors, knowing that their well-being is being looked after. By providing access to these vital benefits, the Afognak Native Corporation Fringe Benefit Trust demonstrates its commitment to the well-being and development of its employees.

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Impact




October, 2024

The Afognak Native Corporation Fringe Benefit Trust plays a substantial role in supporting the well-being of employees and their families associated with the Afognak Native Corporation and its subsidiaries. By offering a comprehensive array of benefits—including medical, dental, vision, prescription drug coverage, life insurance, and both short-term and long-term disability support—the trust significantly enhances the quality of life for its 2,653 participants.

This robust benefits plan not only ensures that employees have access to essential health services but also fosters a sense of security and stability within the workforce. The emphasis on mutual benefit encourages employee retention and satisfaction, supporting a cohesive community among workers and their dependents. Overall, the impact of the Trust extends beyond individual health and financial security; it contributes positively to the organizational culture and economic resilience of the Afognak Native Corporation and its partnerships.




This information is meant to be a general summary of Afognak Native Corporation Fringe Benefit 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
$23,150,005 (2022)
Expenses
$22,227,720 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $23,150,005
  • Gross Receipts: $23,150,005

Assets and Liabilities:

  • Total Assets: $5,427,072
  • Total Liabilities: $697,431
  • Net Assets: $4,729,641

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$17,339,022

EMPLOYEE CONTRIBUTIONS

Revenue

$5,720,947

COBRA CONTRIBUTION

Revenue

$90,036

Organization Details

Founding Year

2015

Principal Officer

Patricia Watson

Main Address

3909 ARCTIC BLVD SUITE 500, ANCHORAGE, AK, 99503

NTEE Category

Code: Y43 - Mutual benefit

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