Overview
What is Washington Alliance For Healthcare Insurance Trust?
Washington Alliance For Healthcare Insurance Trust is a nonprofit organization headquartered in Mukilteo, Washington. Established with the primary goal of holding insurance policies, it enables participating employers to offer health and other insurance benefits under their employee benefit plans. The Trust's mission is to ensure qualified health and welfare benefits are accessible to participants and their dependents. Through this arrangement, employers can enhance their employee offerings and promote overall wellbeing.
Official website here: www.wahit.com
What are the reviews and ratings of this charity?
The Washington Alliance For Healthcare Insurance Trust does not currently have a rating on Charity Navigator. This absence of a rating is not inherently positive or negative but indicates the organization hasn't been evaluated due to its non-501(c)(3) status. Organizations not evaluated by Charity Navigator typically fall outside their standard evaluation criteria, which focus on Accountability & Finance and other factors like Impact & Measurement.
Charity Navigator requires nonprofits to be registered as 501(c)(3) to assess them using methodologies that include financial health and accountability metrics. As such, Washington Alliance For Healthcare Insurance Trust remains excluded from these evaluations. The available IRS data classifies it as an independent organization, but specific financial details like total revenue, expenses, and key person salaries are lacking.
Given the lack of user reviews on GreatNonprofits, there is no community feedback to ascertain public perception of the organization's impact or service quality. In conclusion, the absence of detailed evaluative data suggests caution and encourages further research into the organization's operations and impact before engagement.
This AI summary has been generated from information found on Charity Navigator.
Is Washington Alliance For Healthcare Insurance Trust legitimate?
Washington Alliance For Healthcare Insurance Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Washington Alliance For Healthcare Insurance 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: $36,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.wahit.com
What is the mission statement of Washington Alliance For Healthcare Insurance Trust?
The Washington Alliance For Healthcare Insurance Trust is dedicated to offering health and welfare benefits for the advantage of participating employers and their dependents. The Trust was established as a vehicle for employers to provide comprehensive insurance coverage for their employees through the holding of insurance policies. Its primary mission is to serve as a beneficial intermediary, ensuring that participants have access to essential health and wellbeing programs. The Trust's activities focus on managing and administering insurance policies on behalf of employers to deliver insurance benefits that enhance the overall well-being of their workforce.
Official website here: www.wahit.com
Who is the CEO of Washington Alliance For Healthcare Insurance Trust?
Richard A Ekman is the Trustee of Washington Alliance For Healthcare Insurance Trust.
Official website here: www.wahit.com
What is the revenue of Washington Alliance For Healthcare Insurance Trust?
Washington Alliance For Healthcare Insurance Trust's revenue in 2022 was $15,858,943.
Official website here: www.wahit.com
Who are the executives of Washington Alliance For Healthcare Insurance Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $36,000
- Related: $0
- Other: $0
Official website here: www.wahit.com
Where can I find the form 990 for Washington Alliance For Healthcare Insurance Trust?
Washington Alliance For Healthcare Insurance Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wahit.com
Learn more at the official website: www.wahit.com
Mission Statement of Washington Alliance For Healthcare Insurance Trust
Washington Alliance for Healthcare Insurance Trust, or WAHT, is a mission-driven organization that aims to extend health and welfare benefits to the participants it represents. Established as a trust, WAHT holds insurance policies that enable participating employers to offer comprehensive benefit plans to their employees and dependents as part of their employee benefit programs.
In simple terms, WAHT acts as an intermediary, assuming the role of managing the insurance policies on behalf of its employer partners. By doing so, it ensures that the participating employers can effectively provide their workforce with essential health and welfare benefits. This arrangement empowers employers to enhance their employee benefits packages without the need to directly handle the complexities of insurance management.
The Trust's primary objective is to deliver health and welfare benefits to the participants and their dependents. This commitment is made in the best interests of the employers and the individuals they employ, ensuring that a wide range of coverage options are accessible and affordable. With WAHT's support, employers can focus on their core business functions while trusting that their employees' wellbeing is being adequately addressed.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Washington Alliance For Healthcare Insurance Trust plays a crucial role in enhancing the health and welfare of employees and their dependents by facilitating access to qualified health and insurance benefits. Through its establishment, the Trust enables participating employers in Mukilteo, WA, to offer comprehensive programs that effectively meet the diverse needs of their workforce.
By holding insurance policies, the Trust allows these employers to provide a range of health benefits, ensuring that employees receive the support necessary for their well-being. This proactive approach not only fosters a healthier workforce but also contributes to the overall productivity and morale of participating organizations. The emphasis on mutual benefit underscores the collaborative spirit of the Trust, reinforcing a commitment to enhancing the quality of life for individuals and families associated with its employer partners.
This information is meant to be a general summary of Washington Alliance For Healthcare Insurance 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 2022.
- Investment Income: $168,227
- Program Service Revenue: $15,685,716
- Gross Receipts: $18,154,452
Assets and Liabilities:
- Total Assets: $2,793,878
- Total Liabilities: $853,955
- Net Assets: $1,939,923
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Employer contributions, net
Revenue
$15,614,514
Participant contributions, net
Revenue
$71,202
Organization Details
Founding Year
1997
Phone
(425) 771-7359Principal Officer
Richard A Ekman
Main Address
PO Box 6, Mukilteo, WA, 98275
Website
www.wahit.comNTEE Category
Code: Y43 - Mutual benefit
If you are a representative of Washington Alliance For Healthcare Insurance Trust and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.