Overview
What is Gallo Employee Benefit Trust?
The Gallo Employee Benefit Trust is a nonprofit organization headquartered in Modesto, California. Its primary mission is to offer health benefits to eligible participants in the Gallo Health Benefit Plan. By collecting contributions from the company, employees, retirees, and COBRA members, the trust enables access to preventative health assessments and medical treatments for various conditions. This arrangement allows Gallo to provide healthcare coverage to employees, retirees, their dependents, and COBRA members. The trust facilitates claim processing and administrative fees payment to insurance providers. In summary, the Gallo Employee Benefit Trust functions as a VEBAs (Voluntary Employees' Benefit Associations) trust, providing essential medical, healthcare, and dental benefits to eligible beneficiaries in accordance with the Gallo Health and Dental Plans for both salaried employees and full-time farmworkers.
Is Gallo Employee Benefit Trust legitimate?
Gallo Employee Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Gallo Employee Benefit 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 Gallo Employee Benefit Trust?
The Gallo Employee Benefit Trust serves to offer medical, healthcare, and dental benefits to eligible employees and their dependents, in accordance with the Gallo Health and Dental Plans. The trust facilitates the provision of healthcare benefits to participants of the Gallo Health Benefit Plan, enabling them to receive preventative healthcare assessments and necessary medical treatments for various conditions. The trust plays a crucial role in allowing the company to provide healthcare coverage to employees, retirees, and their dependents, as well as COBRA members, by collecting contributions from the company, employees, retirees, and COBRA members to pay insurance providers for claims processing and administrative fees.
What is the revenue of Gallo Employee Benefit Trust?
Gallo Employee Benefit Trust's revenue in 2023 was $66,084,574.
Who are the executives of Gallo Employee Benefit 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 Gallo Employee Benefit Trust?
Gallo Employee Benefit Trust's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Gallo Employee Benefit Trust
The Gallo Employee Benefit Trust, a vital organization, is dedicated to ensuring eligible employees and their dependents have access to medical, healthcare, and dental benefits. In accordance with the Gallo Health and Dental Plans, this trust acts as a crucial intermediary, enabling the provision of essential healthcare services to salaried employees and full-time farmworkers.
By collecting contributions from the company, employees, retirees, and COBRA members, the trust facilitates the processing and payment of insurance claims and administrative fees to insurance providers. In doing so, it empowers the company to offer comprehensive healthcare coverage to its employees, retirees, their dependents, and COBRA members.
This trust plays a pivotal role in granting participants access to preventive health assessments and medical treatments for various conditions, thereby promoting overall well-being and disease prevention. By providing these benefits, the Gallo Employee Benefit Trust contributes significantly to the physical and mental health of its members, enabling them to live healthier, more productive lives.
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Impact
October, 2024
The Gallo Employee Benefit Trust significantly enhances the well-being of eligible employees and their dependents through comprehensive medical, healthcare, and dental benefits. By providing access to regular preventative health assessments and necessary medical treatments, the trust ensures participants can maintain their health effectively. This proactive approach fosters a healthier workforce, ultimately benefiting both employees and the company.
The trust supports the delivery of healthcare services not just to active employees but also to retirees, their dependents, and COBRA members. By collecting contributions from various stakeholders, it facilitates timely payments to insurance providers for claims and administrative fees, streamlining the healthcare process. This framework not only alleviates financial stress for participants but also reinforces the importance of health and wellness within the organization, promoting a culture of care and support.
This information is meant to be a general summary of Gallo Employee Benefit 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 2023.
- Program Service Revenue: $66,084,574
- Gross Receipts: $66,084,574
Assets and Liabilities:
- Total Assets: $6,957,790
- Total Liabilities: $4,962,290
- Net Assets: $1,995,500
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COMPANY & EMPLOYEE CONTRIBUTIONS
Revenue
$65,815,361
COBRA CONTRIBUTIONS
Revenue
$269,213
Organization Details
Founding Year
1976
Principal Officer
Michelle Lewis
NTEE Category
Code: Z99 - Unknown
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