Overview
What is Intermountain Health Care Inc Retiree Welfare Benefit Trust?
Intermountain Health Care Inc Retiree Welfare Benefit Trust is a charitable trust established to provide various benefits to eligible retired and disabled employees, as well as their dependents. Based in Salt Lake City, Utah, the trust holds assets to ensure the delivery of medical, dental, vision, short-term income protection, and basic and supplemental group term life insurance benefits. The trust is an integral part of Intermountain Health Care, Inc., and its mission is to improve the wellbeing and financial security of its beneficiaries.
What are the reviews and ratings of this charity?
Intermountain Health Care Inc Retiree Welfare Benefit Trust does not have a rating on Charity Navigator. This is primarily due to its non-501(c)(3) status, which limits its evaluation under the methodologies used by Charity Navigator. These include Accountability & Finance, Impact & Measurement, Culture & Community, and Leadership & Adaptability.
The absence of a rating on Charity Navigator is not necessarily indicative of the nonprofit's performance, either positive or negative. Organizations not registered as 501(c)(3) do not undergo the same scrutiny as their peers, which means data on revenue, expenses, or key personnel salaries might be unavailable or not electronically filed for evaluations.
Furthermore, since no user reviews are present on GreatNonprofits, there is a lack of public feedback to gauge the sentiment or experiences associated with the Intermountain Health Care Inc Retiree Welfare Benefit Trust.
This AI summary has been generated from information found on Charity Navigator.
Is Intermountain Health Care Inc Retiree Welfare Benefit Trust legitimate?
Intermountain Health Care Inc Retiree Welfare Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Intermountain Health Care Inc Retiree Welfare 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: $64,022
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Intermountain Health Care Inc Retiree Welfare Benefit Trust?
The Intermountain Health Care Inc Retiree Welfare Benefit Trust is dedicated to delivering medical, dental, vision, short-term income protection, and basic and supplemental group term life insurance benefits to eligible disabled and retired employees and their dependents. The trust was established to ensure these benefits are accessible to those covered under the Intermountain Retiree and Disabled Employee Welfare Plan. By holding the assets required to fund these benefits in the Intermountain Health Care, Inc. Retiree Welfare Benefit Trust, the organization is able to maintain financial resources for providing the specified benefits to the eligible individuals.
Who is the CEO of Intermountain Health Care Inc Retiree Welfare Benefit Trust?
Stacy Jennings is the Principal Officer of Intermountain Health Care Inc Retiree Welfare Benefit Trust.
What is the revenue of Intermountain Health Care Inc Retiree Welfare Benefit Trust?
Intermountain Health Care Inc Retiree Welfare Benefit Trust's revenue in 2022 was $21,669,135.
Who are the executives of Intermountain Health Care Inc Retiree Welfare Benefit Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $64,022
- Related: $0
- Other: $0
Where can I find the form 990 for Intermountain Health Care Inc Retiree Welfare Benefit Trust?
Intermountain Health Care Inc Retiree Welfare Benefit Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Intermountain Health Care Inc Retiree Welfare Benefit Trust
Intermountain Health Care Inc Retiree Welfare Benefit Trust is a trust established to ensure the provision of medical, dental, vision, short-term income protection, and basic and supplemental group term life insurance benefits to eligible retired and disabled employees and their dependents. The trust, holding assets to fulfill the benefits offered under the plan, is a crucial component of Intermountain Health Care Inc's commitment to the wellbeing of its retired and disabled workers.
The Intermountain Health Care Inc Retiree Welfare Benefit Trust plays a vital role in safeguarding the health and financial security of eligible retired and disabled employees. By offering a comprehensive suite of benefits, the trust helps ensure that these individuals can maintain their overall wellbeing and peace of mind. Medical, dental, and vision coverage address their health needs, while short-term income protection provides a financial safety net during times of illness or injury. Additionally, basic and supplemental group term life insurance benefits offer essential peace of mind for both the employees and their dependents.
In summary, Intermountain Health Care Inc Retiree Welfare Benefit Trust serves as a valuable resource for eligible retired and disabled employees by providing them with essential medical, dental, vision, short-term income protection, and life insurance benefits. The trust's mission is to enhance the wellbeing and financial security of these individuals, allowing them to focus on their health and recovery while knowing they have the necessary support in place.
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Impact
October, 2024
Intermountain Health Care Inc Retiree Welfare Benefit Trust plays a crucial role in supporting the well-being of eligible disabled and retired employees and their dependents. By providing a comprehensive range of benefits—including medical, dental, vision, short-term income protection, and both basic and supplemental group term life insurance—this trust significantly enhances the lives of former employees facing health challenges or transitioning into retirement.
The trust ensures that individuals who have dedicated years of service can access essential healthcare services and financial protection, alleviating some of the burdens associated with health-related costs. This financial support not only contributes to the peace of mind of retirees and disabled employees but also strengthens the community by fostering a sense of security among them and their families.
As assets are held within the Intermountain Health Care, Inc. Retiree Welfare Benefit Trust specifically for these purposes, it underscores a commitment to sustaining support for this demographic, promoting their health and financial stability. Overall, the trust has a positive impact on both individual lives and the broader community, reflecting a dedication to supporting those who have been part of the workforce.
This information is meant to be a general summary of Intermountain Health Care Inc Retiree Welfare 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.
- Investment Income: $3,698,292
- Program Service Revenue: $17,970,843
- Gross Receipts: $41,956,247
Assets and Liabilities:
- Total Assets: $84,101,633
- Total Liabilities: $219,552
- Net Assets: $83,882,081
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIB.
Revenue
$15,000,000
PARTICIPANT CONTRIB.
Revenue
$2,970,843
Organization Details
Founding Year
1994
Phone
(801) 442-2000Principal Officer
Stacy Jennings
Main Address
36 SOUTH STATE STREET SUITE 2200, SALT LAKE CITY, UT, 84111
NTEE Category
Code: Y40 - Mutual benefit
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