Overview
What is Graul's Benefits Trust?
Graul's Benefits Trust is a nonprofit organization that offers an Employee Health and Welfare Benefit Plan. This plan provides participants with comprehensive coverage, including health, dental, and vision benefits, exempt from tax implications as per IRC Section 105 and related regulations. The plan is fully insured by a reliable third-party insurance company, ensuring financial security and regulatory compliance. The organization's primary mission is to safeguard the well-being of its participants by offering these crucial benefits.
Is Graul's Benefits Trust legitimate?
Graul's Benefits Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Graul's Benefits 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 Graul's Benefits Trust?
Graul's Benefits Trust is dedicated to providing an Employee Health and Welfare Benefit Plan. This plan offers tax-exempt health, dental, and vision coverage to its participants, as stipulated by IRC sec. 105 and related regulations. The plan is fully insured by a regulated third-party insurance company, ensuring financial security and compliance for the beneficiaries. By offering these benefits, Graul's Benefits Trust aims to enhance the overall well-being and health of its participants, providing them with essential medical services and protection.
Who is the CEO of Graul's Benefits Trust?
Kate Poffenberger is the Trustee/Pt Time of Graul's Benefits Trust.
What is the revenue of Graul's Benefits Trust?
Graul's Benefits Trust's revenue in 2022 was $2,042,549.
Who are the executives of Graul's Benefits Trust and what are their salaries?
Here are 3 key members and their salaries:
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Where can I find the form 990 for Graul's Benefits Trust?
Graul's Benefits Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Graul's Benefits Trust
Graul's Benefits Trust, a renowned organization, is dedicated to the provision of an Employee Health and Welfare Benefit Plan. The primary objective of this trust is to offer comprehensive health, dental, and vision coverage to its participants. The unique aspect of this plan is that the beneficiaries enjoy these advantages without incurring any tax implications, thanks to the Internal Revenue Code Section 105 and related regulations. It's important to note that this plan is fully backed by a reputable third-party insurance company, ensuring a high level of security and reliability. The Graul's Benefits Trust serves as a vital resource for employees, providing them with essential healthcare benefits that are crucial for their overall well-being.
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Impact
October, 2024
Graul's Benefits Trust significantly enhances the health and welfare of its participants through its comprehensive Employee Health and Welfare Benefit Plan. By providing essential health, dental, and vision coverage, the Trust ensures that employees have access to necessary medical care without incurring tax implications, in accordance with IRC Section 105 and related regulations. This model promotes financial security and well-being, as participants receive critical services that can lead to improved health outcomes.
The plan's structure, being fully insured by a regulated third-party insurance company, adds an extra layer of reliability and trust for participants. The focus on mutual benefit fosters a strong sense of community and support among members, allowing them to prioritize their health without the burden of financial strain. Overall, Graul's Benefits Trust plays a pivotal role in creating a safer, healthier workplace and contributes to the overall welfare of its members in Ruxton, MD.
This information is meant to be a general summary of Graul's Benefits 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: $12
- Program Service Revenue: $2,042,537
- Gross Receipts: $2,042,549
Assets and Liabilities:
- Total Assets: $79,823
- Total Liabilities: $0
- Net Assets: $79,823
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$1,732,504
EMPLOYEE CONTRIBUTIONS
Revenue
$310,033
Organization Details
Founding Year
1989
Phone
(410) 823-6077Principal Officer
Kate Poffenberger
Main Address
7713 BELLONA AVENUE, RUXTON, MD, 21204
NTEE Category
Code: Y40 - Mutual benefit
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