Washington-Idaho Operating Engineers Employers Health & Security Trust Fund

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

EIN: 911350182 ✦ Mercer island, WA ✦ Designated as a 501(c)(9)

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Overview

What is Washington-Idaho Operating Engineers Employers Health & Security Trust Fund?

The Washington-Idaho Operating Engineers Employers Health & Security Trust Fund is a nonprofit organization based in Mercer Island, Washington, with the address 7524 SE 24th St. Their primary mission is to offer health, prescription drug, and dental benefits to participants and their dependents. The Trust Fund is dedicated to ensuring access to essential healthcare services for its members.

Is Washington-Idaho Operating Engineers Employers Health & Security Trust Fund legitimate?

Washington-Idaho Operating Engineers Employers Health & Security Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Washington-Idaho Operating Engineers Employers Health & Security Trust Fund 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Washington-Idaho Operating Engineers Employers Health & Security Trust Fund?

The Washington-Idaho Operating Engineers Employers Health & Security Trust Fund is dedicated to delivering health, prescription drug, and dental benefits to its participants and their dependents. This trust fund serves as a vital source of essential medical coverage for its members. The primary objective of the trust is to ensure that participants have access to comprehensive healthcare services, enabling them to maintain their overall wellbeing. The trust fund's offerings extend beyond basic health coverage, as it also provides prescription drug benefits, ensuring that participants have access to necessary medications. Furthermore, dental benefits are included, ensuring that oral health is a priority for those enrolled. By providing these essential benefits, the trust fund empowers its participants to focus on their health and wellbeing, giving them peace of mind and the ability to live their lives to the fullest.

Who is the CEO of Washington-Idaho Operating Engineers Employers Health & Security Trust Fund?

Curt Koegen is the Chairman of Washington-Idaho Operating Engineers Employers Health & Security Trust Fund.

What is the revenue of Washington-Idaho Operating Engineers Employers Health & Security Trust Fund?

Washington-Idaho Operating Engineers Employers Health & Security Trust Fund's revenue in 2021 was $18,910,782.

Who are the executives of Washington-Idaho Operating Engineers Employers Health & Security Trust Fund and what are their salaries?

There 1 volunteer at Washington-Idaho Operating Engineers Employers Health & Security Trust Fund.


Here are 9 key members and their salaries:


Curt Koegen (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Tibbits (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Bosse (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Garrett (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daren Konopaski (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Seghetti (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Willms (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan West (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Myers (Trustee(Outgoing))
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Washington-Idaho Operating Engineers Employers Health & Security Trust Fund?

Washington-Idaho Operating Engineers Employers Health & Security Trust Fund's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Washington-Idaho Operating Engineers Employers Health & Security Trust Fund

The Washington-Idaho Operating Engineers Employers Health & Security Trust Fund is a nonprofit organization dedicated to providing essential health, prescription drug, and dental benefits for its participants and their dependents. Established with a clear mission, the Trust Fund strives to ensure that those it serves have access to comprehensive and vital healthcare services.

By offering health, prescription drug, and dental benefits, the Trust Fund plays a crucial role in improving the overall wellbeing of its members. The organization's commitment extends beyond just covering medical expenses; it aims to create a sense of security and peace of mind for those who rely on its services. This not only benefits the individuals directly but also their families, as they can focus on their health and wellbeing rather than worrying about the financial aspects of their care.

The Trust Fund's mission is carried out through its provision of comprehensive healthcare benefits. It ensures that its participants have access to necessary medical treatments, enabling them to maintain their health and manage any chronic conditions effectively. The inclusion of prescription drug benefits further strengthens this commitment, allowing members to afford crucial medications that may not be covered under other insurance plans. Lastly, dental benefits add another layer of support, ensuring that oral health is not overlooked.

In summary, the Washington-Idaho Operating Engineers Employers Health & Security Trust Fund is a vital nonprofit organization, dedicated to improving the lives of its participants by providing health, prescription drug, and dental benefits. Through its unwavering commitment to healthcare coverage, it empowers its members to focus on their wellbeing and live healthier, more productive lives.

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Impact




October, 2024

The Washington-Idaho Operating Engineers Employers Health & Security Trust Fund plays a critical role in the health and well-being of its participants and their dependents. By providing comprehensive health, prescription drug, and dental benefits, the Fund ensures that individuals have access to essential healthcare services. This support is vital in reducing financial barriers associated with medical expenses, allowing participants to focus on their health without the strain of cost burdens.

The Fund's commitment to offering these benefits not only promotes healthier lifestyles but also enhances overall productivity and morale among workers in the operating engineering field. Such support fosters a sense of security, encourages preventive care, and ultimately contributes to a more robust workforce. The Trust Fund's impact extends beyond individual participants; it positively influences families and communities by promoting health and well-being across the board.




This information is meant to be a general summary of Washington-Idaho Operating Engineers Employers Health & Security Trust Fund. 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
$18,910,782 (2021)
Expenses
$15,368,815 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $472,602
  • Program Service Revenue: $18,438,180
  • Gross Receipts: $18,910,782

Assets and Liabilities:

  • Total Assets: $29,806,902
  • Total Liabilities: $4,057,746
  • Net Assets: $25,749,156

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$16,551,492

RETIREE/COBRA PREMIUMS

Revenue

$1,855,806

OTHER INCOME

Revenue

$30,882

Organization Details

Founding Year

1986

Principal Officer

Curt Koegen

Main Address

7525 SE 24TH ST, MERCER ISLAND, WA, 98040

NTEE Category

Code: Y40 - Mutual benefit

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