Iatse Local 99 Health Trust

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

EIN: 876205567 ✦ Salt lake city, UT ✦ Designated as a 501(c)(9)

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Overview

What is Iatse Local 99 Health Trust?

The Iatse Local 99 Health Trust is a nonprofit organization that manages health benefits for union members. Members contribute funds for every hour they work, which are then allocated to their individual accounts. The Trust facilitates disbursements by requiring supporting documents, either for covering medical expenses or paying insurance premiums. Its primary mission is to administer health benefits for union members, ensuring they receive necessary healthcare services.

Is Iatse Local 99 Health Trust legitimate?

Iatse Local 99 Health Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Iatse Local 99 Health 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: $89,533
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,217

For more financial information, click here

What is the mission statement of Iatse Local 99 Health Trust?

The Iatse Local 99 Health Trust is responsible for managing the health benefits of union members. Union members accrue these benefits based on the number of hours they work, and funds for these benefits are paid by the members themselves. Once supporting documents are submitted, the Trust makes disbursements to cover medical expenses or pay for insurance premiums. In essence, the Trust serves to ensure union members have access to necessary healthcare resources.

Who is the CEO of Iatse Local 99 Health Trust?

Ronnie Covert is the Trustee of Iatse Local 99 Health Trust.

What is the revenue of Iatse Local 99 Health Trust?

Iatse Local 99 Health Trust's revenue in 2022 was $1,277,411.

Who are the executives of Iatse Local 99 Health Trust and what are their salaries?

The average compensation at Iatse Local 99 Health Trust during 2022 was $33,917. There are 3 employees at Iatse Local 99 Health Trust.


Here are 8 key members and their salaries:


Daniel Hutten (Admin Manager)
  • Compensation: $52,975
  • Related: $0
  • Other: $0
Laura Smith (Officer)
  • Compensation: $36,558
  • Related: $0
  • Other: $0
Ronnie Covert (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Juliette Leach (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbra Maw (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Sturgis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laina Thomas (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kortni Patrick (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Iatse Local 99 Health Trust?

Iatse Local 99 Health Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Iatse Local 99 Health Trust

The Iatse Local 99 Health Trust is an organization dedicated to managing the health benefits of union members. This nonprofit entity accumulates funds from its members, who contribute a portion for every hour of work they complete. These funds are then allocated to individual accounts within the Trust. The primary function of Iatse Local 99 Health Trust is to dispense these funds upon the presentation of necessary supporting documentation. This can include covering medical expenses or paying for insurance premiums. In essence, the Trust serves as a financial intermediary, ensuring union members have access to essential healthcare benefits.

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Impact




October, 2024

The Iatse Local 99 Health Trust significantly impacts union members by providing essential health benefits tied to their hours worked. Members contribute funds that are credited to their individual accounts, creating a personalized pool of resources for healthcare needs. When members submit the necessary documentation, the Trust facilitates disbursements to cover medical expenses or help with insurance premiums. This financial support enables members to access necessary healthcare services, promoting their overall health and well-being. By administering these benefits responsibly, the Trust fosters a sense of security and mutual benefit among union members, ensuring they can prioritize their health without undue financial stress.




This information is meant to be a general summary of Iatse Local 99 Health 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
$1,277,411 (2022)
Expenses
$666,210 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $54,881
  • Program Service Revenue: $1,222,530
  • Gross Receipts: $1,277,411

Assets and Liabilities:

  • Total Assets: $3,245,718
  • Total Liabilities: $14,462
  • Net Assets: $3,231,256

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$1,222,530

MISC INCOME
PARTICIPANT INSURANCE REV

Organization Details

Founding Year

1998

Principal Officer

Ronnie Covert

Main Address

230 W 200 S 2110, SALT LAKE CITY, UT, 84101

NTEE Category

Code: Y43 - Mutual benefit

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