Schlumberger Group Health Care Trust

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 746296874 ✦ Houston, TX ✦ Designated as a 501(c)(9)

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Overview

What is Schlumberger Group Health Care Trust?

The Schlumberger Group Health Care Trust is a nonprofit entity committed to offering health and welfare benefits. Their primary mission revolves around providing essential healthcare services and related advantages to individuals. The trust's activities center around enhancing overall well-being and promoting better health for those it serves.

Is Schlumberger Group Health Care Trust legitimate?

Schlumberger Group Health Care Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Schlumberger Group Health Care 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: $93,451
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Schlumberger Group Health Care Trust?

The Schlumberger Group Health Care Trust focuses on delivering health and welfare benefits to those in need. This organization is committed to promoting well-being and ensuring access to essential health services. By providing these benefits, they aim to enhance the overall quality of life for individuals. The trust's mission encompasses offering a range of health-related services and support to help people manage their physical and emotional health. Through its efforts, the Schlumberger Group Health Care Trust makes a significant difference in the lives of many, enabling them to maintain better health and improved well-being.

Who is the CEO of Schlumberger Group Health Care Trust?

The Northern Trust Company is the Trustee of Schlumberger Group Health Care Trust.

What is the revenue of Schlumberger Group Health Care Trust?

Schlumberger Group Health Care Trust's revenue in 2022 was $168,127,522.

Who are the executives of Schlumberger Group Health Care Trust and what are their salaries?


There is 1 key member and their salary:


The Northern Trust Company (Trustee)
  • Compensation: $93,451
  • Related: $0
  • Other: $0
Where can I find the form 990 for Schlumberger Group Health Care Trust?

Schlumberger Group Health Care Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Schlumberger Group Health Care Trust

Schlumberger Group Health Care Trust, a notable organization, is dedicated to delivering health and welfare benefits to those in need. This philanthropic entity focuses on enhancing the well-being of individuals by providing essential benefits that contribute to their overall health and livelihood.

The mission of Schlumberger Group Health Care Trust is multifaceted. At its core, it aims to make a difference in people's lives by offering health and welfare benefits that promote wellness and offer financial security. These benefits extend beyond the basics, addressing various aspects of an individual's well-being and enabling them to lead healthier, more stable lives.

Schlumberger Group Health Care Trust is a beacon of hope for many, providing vital resources that empower individuals to take control of their health and future. Through its unwavering commitment to this cause, it strives to improve the quality of life for those it serves, making a lasting impact on the communities it reaches.

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Impact




October, 2024

Schlumberger Group Health Care Trust plays a significant role in enhancing the well-being of individuals eligible for its services by offering essential health and welfare benefits. Based in Houston, TX, the organization focuses on providing support that improves access to healthcare and promotes overall wellness. By facilitating health and welfare benefits, it addresses critical needs for individuals, ensuring that they receive necessary medical care and support for a healthier lifestyle. This contribution positively impacts the community by helping individuals navigate their health challenges, ultimately leading to improved quality of life and community resilience.




This information is meant to be a general summary of Schlumberger Group Health Care 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.

Revenue
$168,127,522 (2022)
Expenses
$331,716,344 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$75,422,942
  • Program Service Revenue: $243,550,464
  • Gross Receipts: $1,032,423,225

Assets and Liabilities:

  • Total Assets: $749,735,429
  • Total Liabilities: $0
  • Net Assets: $749,735,429

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PARTICIPANT CONTRIBUTIONS

Revenue

$88,649,974

SPONSOR CONTRIBUTIONS

Revenue

$154,900,490

Organization Details

Founding Year

1981

Principal Officer

The Northern Trust Company

Main Address

3600 BRIARPARK DRIVE 3RD FL MD-4, HOUSTON, TX, 77042

NTEE Category

Code: Y40 - Mutual benefit

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