Overview
What is New Jersey Education Association Health And Welfare Benefits Trust?
The New Jersey Education Association Health and Welfare Benefits Trust is a nonprofit organization dedicated to offering various welfare benefits to its participants. Based in Trenton, New Jersey, the Trust provides comprehensive coverage, including medical, prescription, vision, dental, disability, life, accidental death and dismemberment benefits, and Medicare B reimbursements. By referring to the summary plan description, individuals can access more detailed information about the benefits offered by the Trust.
Official website here: www.njea.org
What are the reviews and ratings of this charity?
The New Jersey Education Association Health And Welfare Benefits Trust is not currently rated by Charity Navigator due to its classification outside of the 501(c)(3) IRS registered nonprofit category. Therefore, it cannot be evaluated using many of Charity Navigator's key methodologies, such as Impact & Measurement and Leadership & Adaptability. The absence of a rating does not imply any specific positive or negative judgment about the organization.
Although the organization has an independent status, specific financial metrics like revenue, expenses, and key personnel salaries are not available, limiting a detailed assessment of its financial practices. As such, insights into its operations from typical evaluation domains like Accountability & Finance are also restricted.
Without user reviews available on GreatNonprofits, public feedback does not provide additional context or insight into the trust's performance or reputation. This lack of information highlights the challenge for potential supporters in making informed decisions based solely on available ratings and reviews.
This AI summary has been generated from information found on Charity Navigator.
Is New Jersey Education Association Health And Welfare Benefits Trust legitimate?
New Jersey Education Association Health And Welfare Benefits Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. New Jersey Education Association Health And Welfare Benefits 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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For more financial information, click here
Official website here: www.njea.org
What is the mission statement of New Jersey Education Association Health And Welfare Benefits Trust?
The New Jersey Education Association Health and Welfare Benefits Trust offers various welfare benefits to its participants. These benefits include medical coverage, prescription plans, vision and dental care, disability insurance, life insurance, accidental death and dismemberment benefits, and Medicare B reimbursements. The Trust encourages participants to consult the summary plan description for more comprehensive information regarding the benefits. The primary goal of the Trust is to provide these essential welfare benefits to its members, ensuring they have access to necessary healthcare services and financial security.
Official website here: www.njea.org
What is the revenue of New Jersey Education Association Health And Welfare Benefits Trust?
New Jersey Education Association Health And Welfare Benefits Trust's revenue in 2023 was $24,578,726.
Official website here: www.njea.org
Who are the executives of New Jersey Education Association Health And Welfare Benefits Trust and what are their salaries?
Here are 42 key members and their salaries:
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- Related: $281,392
- Other: $33,716
Official website here: www.njea.org
Where can I find the form 990 for New Jersey Education Association Health And Welfare Benefits Trust?
New Jersey Education Association Health And Welfare Benefits Trust's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.njea.org
Learn more at the official website: www.njea.org
Mission Statement of New Jersey Education Association Health And Welfare Benefits Trust
The New Jersey Education Association Health and Welfare Benefits Trust is a dedicated organization that offers various welfare benefits to its participants. With a commitment to providing comprehensive coverage, the Trust offers medical, prescription, vision, dental, disability, life, accidental death and dismemberment benefits, and Medicare B reimbursements. These welfare benefits serve as essential resources for those enrolled, ensuring they have access to necessary healthcare services and financial support during challenging times. For a more detailed explanation, participants are encouraged to refer to the Summary Plan Description.
The Trust's mission lies in extending vital benefits to its members, enabling them to focus on their wellbeing and overall health. By offering a diverse range of benefits, the organization aims to provide peace of mind and security to its participants. Moreover, the Trust's commitment extends beyond medical coverage, as it also ensures that its members have access to essential services like prescription coverage, vision care, dental care, and disability and life insurance. The provision of Medicare B reimbursements further strengthens the Trust's dedication to its members' healthcare needs. Overall, the New Jersey Education Association Health and Welfare Benefits Trust serves as a trusted partner, providing essential benefits and support to its participants when they need it most.
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Impact
October, 2024
The New Jersey Education Association Health and Welfare Benefits Trust provides essential welfare benefits that significantly impact the lives of its participants. By offering comprehensive coverage that includes medical, prescription, vision, dental, disability, life, and accidental death and dismemberment benefits, it enhances the overall well-being and security of educators and their families.
This array of benefits ensures that participants have access to necessary health services, mitigates financial risks associated with unforeseen medical expenses, and supports their livelihoods through disability and life insurance. The inclusion of Medicare B reimbursements further aids retirees and those on Medicare, ensuring they do not face overwhelming out-of-pocket costs for healthcare.
Through these benefits, the Trust plays a crucial role in promoting health security and peace of mind for educators, allowing them to focus on their vital role in shaping the future of education in New Jersey without the burden of financial stress from medical and health-related issues. The Trust’s offerings exemplify a commitment to mutual benefit, fostering a supportive community for educators throughout the state.
This information is meant to be a general summary of New Jersey Education Association Health And Welfare Benefits 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 2023.
- Investment Income: $4,917,001
- Program Service Revenue: $15,167,202
- Gross Receipts: $45,488,336
Assets and Liabilities:
- Total Assets: $131,896,753
- Total Liabilities: $0
- Net Assets: $131,896,753
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$14,989,168
EMPLOYEE CONTRIBUTIONS
Revenue
$134,477
REFUNDS
Revenue
$43,557
Organization Details
Founding Year
1998
Principal Officer
Sean M Spiller
Website
www.njea.orgNTEE Category
Code: Y40 - Mutual benefit
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