Overview
What is Anthem Supplemental Unemployment Benefit Trust?
Anthem Supplemental Unemployment Benefit Trust is a welfare plan situated in Indianapolis, Indiana. Its primary mission is to offer financial assistance in the form of Supplemental Unemployment Pay to eligible employees of Elevance Health, Inc. and its affiliated companies who undergo an involuntary job loss due to workforce reduction or other qualifying circumstances. The trust aims to assist these individuals in their job transition by providing financial support.
Is Anthem Supplemental Unemployment Benefit Trust legitimate?
Anthem Supplemental Unemployment Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(17) entity. Anthem Supplemental Unemployment 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: $361
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Anthem Supplemental Unemployment Benefit Trust?
The Anthem Supplemental Unemployment Benefit Trust's primary purpose is to offer Supplemental Unemployment Pay to eligible employees of Elevance Health, Inc. (formerly Anthem, Inc.) and affiliated companies, aiding them during their transition to new employment. This is executed when these individuals experience an involuntary loss of employment due to factors such as workforce reduction or other qualifying reasons. The trust serves as a welfare plan, providing financial assistance during this challenging period.
Who is the CEO of Anthem Supplemental Unemployment Benefit Trust?
Unavailable
What is the revenue of Anthem Supplemental Unemployment Benefit Trust?
Anthem Supplemental Unemployment Benefit Trust's revenue in 2022 was $5,571,174.
Who are the executives of Anthem Supplemental Unemployment Benefit Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $361
- Related: $0
- Other: $0
Where can I find the form 990 for Anthem Supplemental Unemployment Benefit Trust?
Anthem Supplemental Unemployment Benefit Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Anthem Supplemental Unemployment Benefit Trust
Anthem Supplemental Unemployment Benefit Trust, in its mission, is committed to offering Supplemental Unemployment Pay to eligible associates of Elevance Health, Inc. and affiliated companies. This initiative is designed to aid these associates in navigating the challenges that come with an involuntary loss of employment, often due to a workforce reduction or other qualifying reasons. The purpose of this trust is to provide a safety net, offering financial support during this transitional period, thereby enabling associates to more easily transition to new employment opportunities.
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Impact
October, 2024
The Anthem Supplemental Unemployment Benefit Trust plays a crucial role in supporting individuals who experience involuntary job loss, particularly due to workforce reductions. By providing Supplemental Unemployment Pay, the Trust aids eligible associates of Elevance Health, Inc. and affiliated companies during their transition to new employment opportunities. This financial support serves as a vital safety net, helping individuals mitigate the economic impact of unemployment and maintain stability while they seek new jobs. The program underscores the commitment to the well-being of associates, enhancing workforce morale and fostering a sense of security within the organization. Overall, the Trust not only benefits individual workers but also contributes to a more resilient and prepared workforce.
This information is meant to be a general summary of Anthem Supplemental Unemployment 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: $3,452
- Program Service Revenue: $5,567,722
- Gross Receipts: $5,571,174
Assets and Liabilities:
- Total Assets: $103,551
- Total Liabilities: $0
- Net Assets: $103,551
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Employer Contributions
Revenue
$5,567,722
Organization Details
Founding Year
2017
Phone
(317) 488-6000Main Address
220 Virginia Ave, Indianapolis, IN, 46204
NTEE Category
Code: Y24 - Mutual benefit
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