Overview
What is Nalc Health Benefit Plan For Employees And Staff?
Nalc Health Benefit Plan for Employees and Staff is a welfare benefit plan, serving as a trust for employees, annuitants, and their dependents and survivors of the National Association of Letter Carriers and its related entities. This nonprofit organization operates under the Employee Retirement Income Security Act of 1974. The primary purpose of the plan is to provide health and welfare benefits to its members, ensuring their wellbeing and wellness. The plan is subject to ERISA regulations, ensuring its compliance with federal laws for employee benefit plans.
Is Nalc Health Benefit Plan For Employees And Staff legitimate?
Nalc Health Benefit Plan For Employees And Staff is a legitimate nonprofit organization registered as a 501(c)(9) entity. Nalc Health Benefit Plan For Employees And Staff 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 Nalc Health Benefit Plan For Employees And Staff?
The Nalc Health Benefit Plan for Employees and Staff serves as a welfare benefit plan, providing coverage for employees, annuitants, and their eligible dependents and survivors of the National Association of Letter Carriers and related entities. As an employee benefit plan, it adheres to the Employee Retirement Income Security Act of 1974. The primary mission of this organization is to offer a comprehensive welfare benefit plan, ensuring the financial security and well-being of its covered individuals. It serves as a safety net, providing essential coverage and support during various life stages.
Who is the CEO of Nalc Health Benefit Plan For Employees And Staff?
Stephanie Stewart is the Administrator Thru 12/17/22 of Nalc Health Benefit Plan For Employees And Staff.
What is the revenue of Nalc Health Benefit Plan For Employees And Staff?
Nalc Health Benefit Plan For Employees And Staff's revenue in 2022 was $11,361,157.
Who are the executives of Nalc Health Benefit Plan For Employees And Staff and what are their salaries?
Here are 12 key members and their salaries:
- Compensation: $0
- Related: $272,984
- Other: $17,432
- Compensation: $0
- Related: $220,990
- Other: $42,001
- Compensation: $0
- Related: $210,958
- Other: $42,190
- Compensation: $0
- Related: $125,776
- Other: $116,545
- Compensation: $0
- Related: $141,125
- Other: $79,378
- Compensation: $0
- Related: $108,513
- Other: $61,066
- Compensation: $0
- Related: $104,362
- Other: $42,677
- Compensation: $0
- Related: $104,691
- Other: $35,071
- Compensation: $0
- Related: $46,798
- Other: $68,205
- Compensation: $0
- Related: $41,129
- Other: $45,508
- Compensation: $0
- Related: $42,309
- Other: $12,125
- Compensation: $0
- Related: $1,784
- Other: $0
Where can I find the form 990 for Nalc Health Benefit Plan For Employees And Staff?
Nalc Health Benefit Plan For Employees And Staff's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Nalc Health Benefit Plan For Employees And Staff
Nalc Health Benefit Plan for Employees and Staff, as the name suggests, is a welfare benefit plan designed to cater to the needs of employees and annuitants, along with their eligible dependents and survivors, affiliated with the National Association of Letter Carriers and its related entities. Acting as a trust, this organization serves as an employee benefit plan subject to the Employee Retirement Income Security Act of 1974. In simpler terms, Nalc Health Benefit Plan for Employees and Staff is a comprehensive welfare benefit program that provides coverage and support to a specific group of individuals, ensuring their well-being in various aspects of life.
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Impact
October, 2024
The Nalc Health Benefit Plan for Employees and Staff significantly enhances the wellbeing of its members, which include employees, annuitants, and their eligible dependents and survivors within the National Association of Letter Carriers and affiliated entities. By providing a comprehensive welfare benefit plan, it ensures access to essential healthcare services, promoting physical and mental health among its participants.
This health benefit plan plays a crucial role in financial security, as it alleviates the burden of medical expenses for families, allowing them to focus on their professional duties without the constant worry of healthcare costs. It also fosters a sense of community and support among members, enhancing morale and overall job satisfaction.
Moreover, adherence to the Employee Retirement Income Security Act of 1974 underscores its commitment to regulatory compliance and the protection of employee rights. By doing so, the plan instills confidence in its members regarding the reliability and stability of their benefits.
Overall, the Nalc Health Benefit Plan serves as a vital resource, providing comprehensive health coverage while contributing to the financial and emotional well-being of its members and their families.
This information is meant to be a general summary of Nalc Health Benefit Plan For Employees And Staff. 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: -$172,987
- Program Service Revenue: $11,529,682
- Gross Receipts: $17,385,082
Assets and Liabilities:
- Total Assets: $11,517,966
- Total Liabilities: $801,858
- Net Assets: $10,716,108
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$10,878,266
PARTICIPANT CONTRIBUTIONS
Revenue
$651,416
Organization Details
Founding Year
1997
Phone
(703) 729-4677Principal Officer
Stephanie Stewart
Main Address
20547 WAVERLY COURT, ASHBURN, VA, 20149
NTEE Category
Code: Y430 - Mutual benefit
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