Overview
What is Umta Trust?
Umta Trust is a nonprofit organization situated in Portland, Oregon, specifically at 1919 NE Pacific Street, Suite 200. Their primary mission involves offering health, life, and disability benefits to employees of participating employers. The Umta Trust ensures the wellbeing of its members by providing coverage for various unfortunate circumstances, including sickness and hospitalization.
Is Umta Trust legitimate?
Umta Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Umta 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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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Umta Trust?
The Umta Trust is committed to offering health, life, and disability benefits to the employees of participating employers. Their mission is to provide coverage for members during times of sickness, hospitalization, and in the unfortunate event of death. By doing so, they aim to bring peace of mind and security to those they serve. The Umta Trust's activities focus on delivering essential benefits to help employees overcome health-related challenges and maintain their financial stability. Through their offerings, they contribute significantly to the overall well-being and protection of their members.
Who is the CEO of Umta Trust?
Martha Cox is the Trustee (Resigned 10/13/21) of Umta Trust.
What is the revenue of Umta Trust?
Umta Trust's revenue in 2022 was $20,076,101.
Who are the executives of Umta Trust and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990 for Umta Trust?
Umta Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Umta Trust
Umta Trust, a nonprofit organization, is dedicated to enhancing the wellbeing of participating employers' employees by providing them with essential health, life, and disability benefits. The mission of Umta Trust revolves around extending crucial coverage to its members during periods of sickness, hospitalization, and unfortunate death.
By offering these vital benefits, Umta Trust assumes a significant role in ensuring financial security and peace of mind for its members. The organization's primary focus lies in extending a safety net that catches employees during critical moments, enabling them to focus on their recovery rather than worrying about their financial situation.
In practice, Umta Trust's initiatives translate to providing death benefits, sickness benefits, and hospitalization coverage to its covered members. The organization's commitment to its mission is reflected in its provision of these benefits, which are crucial in providing a financial cushion during challenging times. Through these offerings, Umta Trust not only supports individuals but also strengthens the overall community by maintaining a workforce that is both healthy and financially secure.
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Impact
October, 2024
Umta Trust provides critical support to employees of participating employers in Portland, OR, by offering death, sickness, and hospitalization benefits. This safety net helps ensure that members can navigate health challenges with greater security and peace of mind. The trust’s mission underscores its commitment to enhancing the well-being of individuals by providing essential health, life, and disability benefits, thereby fostering a sense of community and mutual support among its members. By alleviating financial burdens associated with unforeseen health issues, Umta Trust plays a vital role in improving the overall quality of life for its participants.
This information is meant to be a general summary of Umta 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: $2,251,068
- Program Service Revenue: $17,790,069
- Gross Receipts: $33,997,153
Assets and Liabilities:
- Total Assets: $40,189,293
- Total Liabilities: $5,139,239
- Net Assets: $35,050,054
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Employer Contributions
Revenue
$17,711,477
Participant Contributions
Revenue
$78,592
Organization Details
Founding Year
1950
Phone
(503) 235-8363Principal Officer
Martha Cox
Main Address
1919 NE Pacific Street Suite 200, Portland, OR, 97232
NTEE Category
Code: Y40 - Mutual benefit
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