Perspecta Health And Welfare Trust

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

EIN: 846853170 ✦ Herndon, VA ✦ Designated as a 501(c)(9)

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Overview

What is Perspecta Health And Welfare Trust?

Perspecta Health and Welfare Trust is a nonprofit organization based in Herndon, Virginia, with the address 12975 Worldgate Drive. Its primary mission is to offer fringe benefits to employees covered under the Service Contract Act. These benefits consist of essential services such as health, dental, vision, life, and short-term disability insurance, as well as paid time off. To ensure fair compensation, these benefits must meet the minimum prevailing wage rates as mandated by the Act.

Is Perspecta Health And Welfare Trust legitimate?

Perspecta Health And Welfare Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Perspecta Health And Welfare 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: $16,550
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Perspecta Health And Welfare Trust?

Perspecta Health and Welfare Trust focuses on providing essential fringe benefits to employees under the Service Contract Act. The trust ensures that the offered benefits, which include health, dental, vision, life, and short-term disability insurance, as well as paid time off, meet the required minimum prevailing wage rates as mandated by the Act. The trust plays a crucial role in enhancing the well-being of the covered employees by providing these valuable benefits. The mission of the trust is aligned with the goal of maintaining a workforce that is both healthy and productive. By offering these benefits, the trust contributes significantly to the overall job satisfaction and morale of the employees. In summary, the Perspecta Health and Welfare Trust is dedicated to improving the lives of its covered employees by providing them with a comprehensive benefits package that meets the minimum prevailing wage requirements under the Service Contract Act.

Who is the CEO of Perspecta Health And Welfare Trust?

Bernadette Long is the Trustee of Perspecta Health And Welfare Trust.

What is the revenue of Perspecta Health And Welfare Trust?

Perspecta Health And Welfare Trust's revenue in 2022 was $13,318,889.

Who are the executives of Perspecta Health And Welfare Trust and what are their salaries?


Here are 4 key members and their salaries:


Wilmington Trust (Trustee)
  • Compensation: $16,550
  • Related: $0
  • Other: $0
Kerry Ross (Director (Term 02/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Joo (Svp Total Rewards)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bernadette Long (Snr. Director Benefits (As Of 06/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Perspecta Health And Welfare Trust?

Perspecta Health And Welfare Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Perspecta Health And Welfare Trust

Perspecta Health and Welfare Trust is a dedicated entity that focuses on delivering fringe benefits to employees covered under the Service Contract Act. The Trust ensures that these benefits, which comprise health, dental, vision, life, and short-term disability insurance, as well as paid time off, align with the prescribed minimum prevailing wage rates as mandated by the Act. By doing so, the Trust enhances the overall value proposition for its covered workforce, enabling them to access essential services and time off, promoting their well-being and productivity.

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Impact




October, 2024

Perspecta Health And Welfare Trust significantly enhances the welfare of employees covered by the Service Contract Act by providing essential fringe benefits. These benefits, which include health, dental, vision, life insurance, and short-term disability insurance, ensure that employees receive comprehensive support that meets minimum prevailing wage rates mandated by the Act.

The Trust not only contributes to the financial security of employees but also promotes their overall health and well-being. By offering paid time off and other critical benefits, it fosters a healthier work-life balance, which can lead to increased job satisfaction and productivity. The impact of these offerings is profound, as they empower employees, enhance workplace morale, and support the retention and attraction of a skilled workforce. Essentially, Perspecta Health And Welfare Trust plays a vital role in securing the rights and well-being of employees, thereby positively influencing the communities in which they live and work.




This information is meant to be a general summary of Perspecta Health And Welfare 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
$13,318,889 (2022)
Expenses
$13,072,941 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $21,049
  • Program Service Revenue: $13,297,840
  • Gross Receipts: $13,318,889

Assets and Liabilities:

  • Total Assets: $3,040,870
  • Total Liabilities: $138,305
  • Net Assets: $2,902,565

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$10,376,299

EMPLOYEE CONTRIBUTIONS

Revenue

$2,921,541

Organization Details

Founding Year

2019

Principal Officer

Bernadette Long

Main Address

12975 WORLDGATE DRIVE, HERNDON, VA, 201706008

NTEE Category

Code: Y43 - Mutual benefit

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