Overview
What is Walmart Inc Associates' Health & Welfare Trust?
Walmart Inc Associates' Health & Welfare Trust is a nonprofit organization based in Bentonville, Arkansas, with an address at 508 SW 8th Street, ZIP code 72716. The Trust primarily focuses on providing health and welfare benefits to eligible associates of Walmart Inc. in the United States and Puerto Rico. During the 2022 plan year, over 1,300,000 associates and their dependents have been enrolled in the program, which offers various benefits, such as medical, dental, life insurance, and accident and disability insurance. The Trust receives contributions from Walmart Inc. and its associates to fund and administer the Walmart Associates' Health and Welfare Plan.
Is Walmart Inc Associates' Health & Welfare Trust legitimate?
Walmart Inc Associates' Health & Welfare Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Walmart Inc Associates' Health & Welfare 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 Walmart Inc Associates' Health & Welfare Trust?
The Walmart Inc Associates' Health & Welfare Trust is dedicated to providing health and welfare benefits to eligible associates of Walmart Inc. in the United States and Puerto Rico. The primary focus of the plan is to offer medical, dental, and other benefits to enrolled participants, with contributions coming from both the plan sponsor and enrolled associates. The mission of the trust is to receive contributions from Walmart Inc. and its associates to fund and administer the Walmart Associates' Health and Welfare Plan. This plan provides essential benefits, including medical, dental, life insurance, AD&D insurance, and other benefits, to over 1.3 million associates and their dependents during the 2022 plan year.
Who is the CEO of Walmart Inc Associates' Health & Welfare Trust?
Adam Stavisky is the Bank Trustee of Walmart Inc Associates' Health & Welfare Trust.
What is the revenue of Walmart Inc Associates' Health & Welfare Trust?
Walmart Inc Associates' Health & Welfare Trust's revenue in 2022 was $3,242,798,666.
Who are the executives of Walmart Inc Associates' Health & Welfare Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Walmart Inc Associates' Health & Welfare Trust?
Walmart Inc Associates' Health & Welfare Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Walmart Inc Associates' Health & Welfare Trust
The Walmart Inc Associates' Health & Welfare Trust is a dedicated organization that provides health and welfare benefits to eligible associates of Walmart Inc. in the United States and Puerto Rico. Its primary role is to receive contributions from Walmart Inc. and its associates, both current and former employees, to fund and administer the Walmart Associates' Health and Welfare Plan.
This trust plays a pivotal role in ensuring the wellbeing of over 1,300,000 associates during the 2022 plan year. It offers a comprehensive range of benefits, including medical, dental, life insurance, and accident and disability insurance, among others. By providing these essential services, the Walmart Inc Associates' Health & Welfare Trust empowers its members to maintain their health and well-being, enabling them to focus on their work and personal lives.
The Walmart Inc Associates' Health & Welfare Trust is an essential component of Walmart's commitment to its workforce. By investing in the health and welfare of its associates, the organization demonstrates its dedication to fostering a supportive and inclusive work environment. The Trust's mission is to make a tangible difference in the lives of its members, ensuring they have access to the resources they need to thrive both personally and professionally.
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Impact
October, 2024
Walmart Inc Associates' Health & Welfare Trust plays a critical role in supporting the health and welfare of Walmart associates and their dependents across the United States and Puerto Rico. By providing comprehensive benefits, including medical and dental care, life insurance, and accidental death and dismemberment insurance, the Trust ensures that over 1.3 million associates have access to essential health services.
The financial support for these benefits comes from contributions made by Walmart and enrolled participants, which facilitates the administration and funding of extensive health plans. This initiative not only enhances the well-being of employees but also fosters a positive work environment, leading to higher employee satisfaction and retention rates.
In summary, the Trust significantly impacts the lives of Walmart associates by ensuring they receive necessary health and welfare benefits, contributing to their overall quality of life and work experience.
This information is meant to be a general summary of Walmart Inc Associates' Health & Welfare 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: $221,566
- Program Service Revenue: $3,242,577,100
- Gross Receipts: $3,242,798,666
Assets and Liabilities:
- Total Assets: $859,173,274
- Total Liabilities: $790,515,423
- Net Assets: $68,657,851
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$2,287,252,629
EMPLOYEE CONTRIBUTIONS
Revenue
$955,324,471
Organization Details
Founding Year
1983
Phone
(800) 421-1362Principal Officer
Adam Stavisky
Main Address
508 SW 8TH ST, BENTONVILLE, AR, 727163500
NTEE Category
Code: Y30 - Mutual benefit
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