Overview
What is Strategic Insurance Trust?
Strategic Insurance Trust is a nonprofit organization, specifically a Multiple Employer Welfare Arrangement, situated in Marion, Indiana. Its primary mission is to extend health coverage to eligible employees, their spouses, and dependent family members. By pooling resources from various employers, it provides a comprehensive healthcare solution, ensuring access to essential medical services for a broader community.
Is Strategic Insurance Trust legitimate?
Strategic Insurance Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Strategic 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:
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What is the mission statement of Strategic Insurance Trust?
Strategic Insurance Trust serves as a multiple employer welfare arrangement, with a primary mission to offer health coverage to eligible employees, spouses, and dependents. Its purpose is to provide a collective platform, ensuring access to health benefits for a diverse group of individuals. By acting as a collective, Strategic Insurance Trust aims to make healthcare coverage more affordable and accessible for its participating members. The trust's activities are centered around facilitating health insurance coverage, promoting the well-being of its members, and ensuring that they have access to essential medical services.
Who is the CEO of Strategic Insurance Trust?
James Allbaugh is the President of Strategic Insurance Trust.
What is the revenue of Strategic Insurance Trust?
Strategic Insurance Trust's revenue in 2022 was $4,216,575.
Who are the executives of Strategic Insurance Trust and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990 for Strategic Insurance Trust?
Strategic Insurance Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Strategic Insurance Trust
Strategic Insurance Trust, as a multiple employer welfare arrangement, is dedicated to extending health coverage to eligible employees, their spouses, and dependents. Its primary mission is to provide a comprehensive health coverage solution, making it accessible to a wide range of individuals. By operating as a multiple employer welfare arrangement, Strategic Insurance Trust leverages its resources and network to offer affordable and reliable health coverage options.
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Impact
October, 2024
Strategic Insurance Trust significantly impacts the health and well-being of employees, their spouses, and dependents by providing comprehensive health coverage through its multiple employer welfare arrangement. By pooling resources from various employers, it enhances access to essential healthcare services, alleviating financial burdens associated with medical expenses. This collaborative model fosters a sense of community and mutual benefit, ensuring eligible individuals receive the support they need for a healthier life. The initiative not only promotes employee satisfaction and productivity but also contributes to the overall stability and retention of the workforce in Marion, IN, and surrounding areas.
This information is meant to be a general summary of Strategic 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.
- Investment Income: $4,354
- Program Service Revenue: $4,212,221
- Gross Receipts: $4,216,575
Assets and Liabilities:
- Total Assets: $1,701,693
- Total Liabilities: $0
- Net Assets: $1,701,693
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$3,205,132
PARTICIPANT CONTRIBUTI
Revenue
$1,007,089
Organization Details
Founding Year
2015
Phone
(812) 945-4063Principal Officer
James Allbaugh
Main Address
2724 S CAREY STREET, MARION, IN, 46953
NTEE Category
Code: Y43 - Mutual benefit
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