Overview
What is Service Employees International Union Local No 49 Welfare Trust?
Service Employees International Union Local No 49 Welfare Trust is a nonprofit organization headquartered in Portland, Oregon. Their primary objective is to offer health benefits to members and their eligible dependents. The Trust provides essential healthcare services, ensuring participants receive the necessary support for their wellbeing. The organization's mission is deeply rooted in ensuring access to vital health benefits, making a positive impact on the lives of those it serves.
Is Service Employees International Union Local No 49 Welfare Trust legitimate?
Service Employees International Union Local No 49 Welfare Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Service Employees International Union Local No 49 Welfare 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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What is the mission statement of Service Employees International Union Local No 49 Welfare Trust?
The Service Employees International Union Local No 49 Welfare Trust is dedicated to extending health benefits to its members and their eligible dependents. This commitment is encapsulated in its mission to provide comprehensive health coverage for participants in the union. The Trust's primary objective is to promote and ensure access to quality healthcare services for those it serves. In doing so, it empowers individuals to focus on their wellbeing, enabling them to lead healthier, more productive lives. By offering health benefits, the Trust demonstrates its dedication to the welfare and overall well-being of its members. This important role saves participants from the financial burden of healthcare expenses, allowing them to focus on their personal and professional goals.
What is the revenue of Service Employees International Union Local No 49 Welfare Trust?
Service Employees International Union Local No 49 Welfare Trust's revenue in 2024 was $19,971,994.
Who are the executives of Service Employees International Union Local No 49 Welfare Trust and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Service Employees International Union Local No 49 Welfare Trust?
Service Employees International Union Local No 49 Welfare Trust's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Service Employees International Union Local No 49 Welfare Trust
The Service Employees International Union Local No 49 Welfare Trust is a mission-driven organization that focuses on providing essential health benefits to its participants and their eligible dependents. In simple terms, this nonprofit aims to safeguard the wellbeing of its members by ensuring they have access to necessary healthcare services.
This trust goes beyond just offering health benefits; it serves as a vital safety net for those who rely on it. By providing comprehensive coverage, it enables individuals to tackle health challenges without the added burden of financial strain. The commitment to health and wellness is a testament to the Trust's dedication to its members, allowing them to focus on their personal growth and development.
The Trust's primary objective is to bridge the gap in healthcare access for its participants. It achieves this goal by offering a broad range of benefits tailored to meet the diverse needs of its members. In doing so, it ensures that everyone, regardless of their health circumstances, has an opportunity to live their lives to the fullest. Furthermore, by alleviating the financial pressure of healthcare costs, the Trust allows its members to concentrate on their work, family, and personal lives, ultimately contributing to a more productive and contented community.
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Impact
October, 2024
Service Employees International Union Local No 49 Welfare Trust plays a vital role in enhancing the health and well-being of its participants and their eligible dependents. By providing comprehensive health benefits, the Trust ensures that members have access to essential healthcare services, which can lead to improved overall health outcomes.
This support reduces financial burdens associated with medical expenses, allowing individuals and families to focus on their well-being without the stress of overwhelming healthcare costs. In a broader sense, the Trust fosters a sense of community among its members, reinforcing the shared values of mutual benefit and care within the workforce in Portland, OR. Through its mission to deliver health benefits, the Trust contributes to a healthier, more productive workforce, ultimately benefiting the entire community.
This information is meant to be a general summary of Service Employees International Union Local No 49 Welfare 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 2024.
- Investment Income: $208,790
- Program Service Revenue: $19,771,360
- Gross Receipts: $21,707,992
Assets and Liabilities:
- Total Assets: $9,226,265
- Total Liabilities: $1,284,530
- Net Assets: $7,941,735
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$19,727,457
PARTICIPANT CONTRIBUTIONS
Revenue
$43,903
Organization Details
Founding Year
1958
Principal Officer
Paul Emperador
NTEE Category
Code: Y40 - Mutual benefit
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