Sound Health & Wellness Trust

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

EIN: 916058475 ✦ Bothell, WA ✦ Designated as a 501(c)(9)

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Overview

What is Sound Health & Wellness Trust?

Sound Health & Wellness Trust is a nonprofit organization based in Bothell, Washington, dedicated to providing health and welfare benefits to eligible participants and their dependents. Through their mission, they strive to make a meaningful difference in people's lives by offering essential services and support. The Trust's primary focus is on enhancing the wellbeing of those in need, ensuring they have access to crucial benefits to improve their overall quality of life. The organization's headquarters are located at 11724 NE 195th ST STE 300 in Bothell, Washington, with a ZIP code of 98011.


Official website here: www.soundhealthwellness.com

Is Sound Health & Wellness Trust legitimate?

Sound Health & Wellness Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Sound Health & Wellness 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.soundhealthwellness.com

What is the mission statement of Sound Health & Wellness Trust?

The Sound Health & Wellness Trust is committed to extending health and welfare benefits to eligible individuals and their dependents. This non-profit organization prioritizes the well-being of its beneficiaries by providing essential services and support. Its mission is geared towards enhancing the overall health and living conditions of those who qualify, ensuring they have access to vital resources and care when needed. By offering health benefits, the Trust aims to improve the quality of life and promote better health outcomes for its participants. Additionally, the Trust's welfare benefits serve to address the non-medical needs of its community, aiming to ensure holistic well-being for its members.


Official website here: www.soundhealthwellness.com

Who is the CEO of Sound Health & Wellness Trust?

Scott Klitzke Powers is the Trustee of Sound Health & Wellness Trust.


Official website here: www.soundhealthwellness.com

What is the revenue of Sound Health & Wellness Trust?

Sound Health & Wellness Trust's revenue in 2022 was $269,875,972.


Official website here: www.soundhealthwellness.com

Who are the executives of Sound Health & Wellness Trust and what are their salaries?


Here are 12 key members and their salaries:


Frank Jorgensen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Klitzke Powers (Trustee/Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brent Bohn (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Faye Guenther (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Mizrahi (Trustee/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yvonne Peters (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Hammond (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Cherin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Carroll (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Embly (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Hines (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kendra Valdez (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.soundhealthwellness.com

Where can I find the form 990 for Sound Health & Wellness Trust?

Sound Health & Wellness Trust's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.soundhealthwellness.com

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

Mission Statement of Sound Health & Wellness Trust

Sound Health & Wellness Trust, a nonprofit organization, is dedicated to extending health and welfare benefits to eligible participants and their dependents. The mission of this trust is multifaceted. It aims to ensure that individuals in need have access to essential resources for their overall well-being.

By providing health and welfare benefits, Sound Health & Wellness Trust plays a crucial role in enhancing the lives of those it serves. This assistance is not limited to the participants themselves but extends to their dependents as well, ensuring that families as a whole are supported. The trust's efforts are focused on making a tangible difference in people's lives, offering them the opportunity to focus on their health and well-being rather than being consumed by the burdens of daily life.

In practice, Sound Health & Wellness Trust's activities are geared towards the delivery of various benefits designed to promote health and improve overall quality of life. These benefits may range from medical coverage to welfare services, and they are tailored to meet the unique needs of each eligible participant. In this way, the trust serves as a vital safety net for those who might otherwise struggle to access essential services, enabling them to lead healthier, more stable lives.

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Impact




October, 2024

Sound Health & Wellness Trust significantly enhances the well-being of eligible participants and their dependents by providing essential health and welfare benefits. Located in Bothell, WA, the organization is dedicated to ensuring access to vital support that improves the quality of life. By focusing on mutual benefit, it empowers individuals and families to manage their health effectively, promoting overall community wellness. The trust plays a critical role in creating a safety net that allows participants to navigate healthcare challenges with greater ease and security.




This information is meant to be a general summary of Sound Health & Wellness 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
$269,875,972 (2022)
Expenses
$284,848,356 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,902,488
  • Program Service Revenue: $267,938,034
  • Gross Receipts: $269,875,972

Assets and Liabilities:

  • Total Assets: $181,681,087
  • Total Liabilities: $74,648,714
  • Net Assets: $107,032,373

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$252,034,145

PARTICIPANT CONTRIBUTIONS

Revenue

$15,903,889

Organization Details

Founding Year

1957

Principal Officer

Scott Klitzke Powers

Main Address

11724 NE 195TH ST STE 300, BOTHELL, WA, 98011

NTEE Category

Code: Y40 - Mutual benefit

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