Overview
What is Flatiron Construction Corp Employee Health Benefit Trust?
Flatiron Construction Corp Employee Health Benefit Trust is a nonprofit Voluntary Employees' Beneficiary Association (VEBA) established on July 1, 1982. Based in Broomfield, Colorado, the Trust provides medical and certain other benefits to its participating members. It is subject to the Employee Retirement Income Security Act of 1974 (ERISA) and extends eligibility, with certain limitations, to substantially all regular full-time non-union employees and their dependents of the participating employers. The Trust's primary mission is to offer essential benefits to its members.
Is Flatiron Construction Corp Employee Health Benefit Trust legitimate?
Flatiron Construction Corp Employee Health Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Flatiron Construction Corp Employee Health 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
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What is the mission statement of Flatiron Construction Corp Employee Health Benefit Trust?
The Flatiron Construction Corp Employee Health Benefit Trust functions as a Voluntary Employees' Benefits Association, focusing on providing medical and certain other benefits to its members. Established in 1982, this organization aims to cater to the healthcare needs of its participants. Being a Voluntary Employees' Beneficiary Association (VEBA), it falls under the jurisdiction of the Employee Retirement Income Security Act of 1974 (ERISA). With certain restrictions, eligibility for the plan reaches out to most full-time non-union employees of the participating employers and their dependents.
Who is the CEO of Flatiron Construction Corp Employee Health Benefit Trust?
David Cunningham is the Sr. Vp Of Hr of Flatiron Construction Corp Employee Health Benefit Trust.
What is the revenue of Flatiron Construction Corp Employee Health Benefit Trust?
Flatiron Construction Corp Employee Health Benefit Trust's revenue in 2022 was $14,942,749.
Who are the executives of Flatiron Construction Corp Employee Health Benefit Trust and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $347,084
- Other: $38,685
- Compensation: $0
- Related: $206,971
- Other: $25,957
Where can I find the form 990 for Flatiron Construction Corp Employee Health Benefit Trust?
Flatiron Construction Corp Employee Health Benefit Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Flatiron Construction Corp Employee Health Benefit Trust
Flatiron Construction Corp Employee Health Benefit Trust is a Voluntary Employees' Benefits Association that offers medical and certain other benefits to its members. Established on July 1, 1982, this trust is a voluntary employee beneficiary association and falls under the Employee Retirement Income Security Act of 1974 (ERISA). The trust extends its benefits to most regular full-time non-union employees of the participating employers and their dependents, with some limitations.
In simple terms, Flatiron Construction Corp Employee Health Benefit Trust serves as a safety net for its members, providing them with vital medical benefits. Founded over four decades ago, the trust has grown to become an essential component of the compensation packages for eligible employees. It is noteworthy that the trust operates under ERISA regulations, ensuring that it maintains a high standard of benefits and transparency for its members.
By pooling resources, the trust allows participating employers to offer comprehensive and affordable benefits to their employees. In doing so, it strengthens the employer-employee relationship and can contribute to increased job satisfaction and better overall well-being. The trust's mission is to enhance the lives of its members by addressing their healthcare needs, thus promoting healthier and more productive workforces.
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Impact
October, 2024
Flatiron Construction Corp Employee Health Benefit Trust significantly impacts its members by providing essential medical and other benefits designed to support the health and well-being of employees and their families. Established on July 1, 1982, this organization operates as a Voluntary Employee Beneficiary Association (VEBA), ensuring that a wide range of regular full-time non-union employees and their dependents have access to vital health coverage.
By offering these benefits, the Trust enhances employee satisfaction and retention, fostering a healthier workforce. The structure of the benefits plan supports the financial security of participants, allowing them to focus on their work without the added burden of medical concerns. Moreover, by being subject to the provisions of the Employee Retirement Income Security Act (ERISA), the Trust adheres to rigorous standards, which enhances the trust and confidence that employees place in the program.
Overall, the Flatiron Construction Corp Employee Health Benefit Trust plays a critical role in promoting mutual benefit among its members, contributing not only to individual health but also to the overall productivity and morale of the organization.
This information is meant to be a general summary of Flatiron Construction Corp Employee Health 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $14,942,749
- Gross Receipts: $14,942,749
Assets and Liabilities:
- Total Assets: $7,243,756
- Total Liabilities: $1,567,617
- Net Assets: $5,676,139
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HEALTH & WELFARE BENEFITS
Revenue
$14,942,749
Organization Details
Founding Year
1982
Phone
(303) 485-4050Principal Officer
David Cunningham
Main Address
385 INTERLOCKEN CRESCENT NO 900, BROOMFIELD, CO, 80021
NTEE Category
Code: Y40 - Mutual benefit
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