Puget Sound Electrical Workers Healthcare Trust Fund

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

EIN: 916029124 ✦ Seattle, WA ✦ Designated as a 501(c)(9)

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Overview

What is Puget Sound Electrical Workers Healthcare Trust Fund?

Puget Sound Electrical Workers Healthcare Trust Fund is a nonprofit organization based in Seattle, Washington. With a team of 53 employees, this Trust Fund is dedicated to providing eligible participants and their dependents with comprehensive health and vacation benefits as outlined in their plan. The organization's mission is to ensure the wellbeing and support of its members by offering essential health benefits and valuable vacation time.


Official website here: www.psewtrusts.com

Is Puget Sound Electrical Workers Healthcare Trust Fund legitimate?

Puget Sound Electrical Workers Healthcare Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Puget Sound Electrical Workers Healthcare 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


Official website here: www.psewtrusts.com

What is the mission statement of Puget Sound Electrical Workers Healthcare Trust Fund?

The Puget Sound Electrical Workers Healthcare Trust Fund is dedicated to providing essential health and vacation benefits to eligible participants and their dependents. The organization's primary mission is to ensure the availability of these benefits as outlined in the plan. By offering access to comprehensive health coverage and vacation time, the Trust Fund aims to enhance the overall wellbeing and quality of life for those it serves. Through its commitment to delivering these benefits, the Trust Fund plays a vital role in promoting the health and financial security of its members.


Official website here: www.psewtrusts.com

Who is the CEO of Puget Sound Electrical Workers Healthcare Trust Fund?

Janet Lewis is the Chairman of Puget Sound Electrical Workers Healthcare Trust Fund.


Official website here: www.psewtrusts.com

What is the revenue of Puget Sound Electrical Workers Healthcare Trust Fund?

Puget Sound Electrical Workers Healthcare Trust Fund's revenue in 2022 was $128,060,108.


Official website here: www.psewtrusts.com

Who are the executives of Puget Sound Electrical Workers Healthcare Trust Fund and what are their salaries?

There are 53 employees and 6 volunteers at Puget Sound Electrical Workers Healthcare Trust Fund.


Here are 6 key members and their salaries:


Janet Lewis (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Bagsby (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gillian Burlingham (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barry Sherman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Broberg (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marv Nelson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.psewtrusts.com

Where can I find the form 990 for Puget Sound Electrical Workers Healthcare Trust Fund?

Puget Sound Electrical Workers Healthcare Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.psewtrusts.com

Learn more at the official website: www.psewtrusts.com

Mission Statement of Puget Sound Electrical Workers Healthcare Trust Fund

Puget Sound Electrical Workers Healthcare Trust Fund, a renowned nonprofit organization, is committed to providing vital health and vacation benefits to eligible participants and their dependents. This trust fund serves a significant role in ensuring the well-being of its members, enhancing their overall quality of life.

The mission of Puget Sound Electrical Workers Healthcare Trust Fund is multifaceted. At its core, it is dedicated to delivering essential health benefits that safeguard the health and well-being of its members. It goes beyond just offering basic medical coverage, addressing various aspects of healthcare that contribute to the overall wellness of the individuals it serves. This nonprofit organization takes pride in its unwavering commitment to provide a comprehensive range of health benefits, catering to the diverse needs of its members.

In addition to health benefits, Puget Sound Electrical Workers Healthcare Trust Fund also extends vacation benefits to its eligible participants. These benefits provide an opportunity for members to rest, rejuvenate, and recharge, ultimately contributing to their overall well-being. The vacation benefits offered by this trust fund aim to promote a healthy work-life balance, allowing its members to lead more fulfilling lives.

In summary, Puget Sound Electrical Workers Healthcare Trust Fund is a nonprofit organization that is dedicated to providing essential health and vacation benefits to eligible participants and their dependents. Its mission is rooted in ensuring the well-being of its members, addressing their diverse needs, and promoting a healthy work-life balance. Through its commitment to delivering these benefits, Puget Sound Electrical Workers Healthcare Trust Fund plays a pivotal role in enhancing the lives of those it serves.

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Impact




October, 2024

The Puget Sound Electrical Workers Healthcare Trust Fund significantly enhances the well-being of eligible participants and their dependents by providing essential health and vacation benefits. Operated from Seattle, WA, it ensures that individuals in the electrical workforce have access to necessary healthcare services, which can greatly improve quality of life and work performance. Additionally, the provision of vacation benefits helps support work-life balance, allowing participants to rejuvenate and spend time with their families. This comprehensive support fosters a healthier workforce, contributing to the overall stability and productivity of the electrical industry in the region.




This information is meant to be a general summary of Puget Sound Electrical Workers Healthcare 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
$128,060,108 (2022)
Expenses
$122,564,902 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,679,827
  • Program Service Revenue: $123,709,594
  • Gross Receipts: $281,493,946

Assets and Liabilities:

  • Total Assets: $87,862,147
  • Total Liabilities: $56,790,769
  • Net Assets: $31,071,378

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$118,963,829

EMPLOYEE CONTRIBUTIONS

Revenue

$4,745,765

Organization Details

Founding Year

1954

Principal Officer

Janet Lewis

Main Address

PO BOX 34203, SEATTLE, WA, 98124

NTEE Category

Code: Y40 - Mutual benefit

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