Overview
What is Chamber Association Benefit Plan Trust?
Chamber Association Benefit Plan Trust is a nonprofit organization situated in Wheeling, West Virginia, specifically at 1100 Main Street 2nd Floor. Its primary role is serving as a Multiple Employer Welfare Arrangement (MEWA), providing comprehensive medical and prescription drug benefits to its members. This MEWA structure allows various employers to pool their resources, thereby offering affordable and reliable healthcare solutions to their employees. The organization's objective is to ensure that all its members have access to essential medical and prescription drug coverage, thus promoting overall well-being and peace of mind.
Is Chamber Association Benefit Plan Trust legitimate?
Chamber Association Benefit Plan Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Chamber Association Benefit Plan 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:
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What is the mission statement of Chamber Association Benefit Plan Trust?
The Chamber Association Benefit Plan Trust serves as a Multiple Employer Welfare Arrangement (MEWA), providing medical and prescription drug coverage for its member organizations. Its primary mission is to offer comprehensive health benefits, ensuring that all its members have access to necessary medical and prescription drug services. The organization's activities are centered around providing and managing these benefits, aiming to support the health needs of its member organizations and their employees. By acting as a collective, the Chamber Association Benefit Plan Trust is able to offer more affordable and comprehensive healthcare options to its members.
Who is the CEO of Chamber Association Benefit Plan Trust?
Eric Stakem is the Trustee of Chamber Association Benefit Plan Trust.
What is the revenue of Chamber Association Benefit Plan Trust?
Chamber Association Benefit Plan Trust's revenue in 2022 was $6,289,634.
Who are the executives of Chamber Association Benefit Plan Trust and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Chamber Association Benefit Plan Trust?
Chamber Association Benefit Plan Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Chamber Association Benefit Plan Trust
The Chamber Association Benefit Plan Trust, as a Multiple Employer Welfare Arrangement (MEWA), is dedicated to providing comprehensive medical and prescription drug benefits for its members. This organization's mission is to ensure that all its associated entities have access to essential healthcare services, thereby enhancing the well-being of its members. By acting as a collective, Chamber Association Benefit Plan Trust is able to offer competitive and affordable medical and prescription drug coverage, making healthcare more accessible for its members.
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Impact
October, 2024
Chamber Association Benefit Plan Trust significantly enhances the availability and affordability of medical and prescription drug coverage for its members. By functioning as a Multiple Employer Welfare Arrangement (MEWA), it pools resources from various employers, allowing for greater bargaining power and more favorable insurance terms. This arrangement helps smaller businesses access comprehensive health benefits that they might not be able to secure individually, thus improving employee well-being and job satisfaction.
Additionally, the Trust aims to create a supportive environment in Wheeling, WV, fostering community health and wellness. Members benefit from a shared risk model, which can lead to lower premiums and costs, making healthcare more manageable for employees and employers alike. The Trust's commitment to providing essential health benefits underscores the importance of mutual support within the business community, ultimately contributing to a stronger economy and healthier population.
This information is meant to be a general summary of Chamber Association Benefit Plan 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: $6,289,634
- Gross Receipts: $6,289,634
Assets and Liabilities:
- Total Assets: $231,362
- Total Liabilities: $1,032,927
- Net Assets: -$801,565
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYERS' CONTRIB.
Revenue
$6,289,634
Organization Details
Founding Year
2018
Phone
(612) 747-2205Principal Officer
Eric Stakem
Main Address
1100 MAIN STREET 2ND FL, WHEELING, WV, 26003
NTEE Category
Code: Y43 - Mutual benefit
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