Overview
What is Bio-Rad Laboratories Employee Benefit Trust?
The Bio-Rad Laboratories Employee Benefit Trust is a trust fund based in Hercules, California. This nonprofit organization focuses on providing health and welfare benefits for its participants, covering essential services like insurance premiums, medical and dental care, and Flexible Spending Account (FSA) payments. The trust offers various plan options, including Preferred Provider Organization (PPO), Health Maintenance Organization (HMO), Employee Assistance Program (EAP), vision coverage, short-term and long-term disability, stop loss, life insurance, and Business Travel Accident (BTA) coverage.
Is Bio-Rad Laboratories Employee Benefit Trust legitimate?
Bio-Rad Laboratories Employee Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Bio-Rad Laboratories 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 not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Mission Statement of Bio-Rad Laboratories Employee Benefit Trust
The Bio-Rad Laboratories Employee Benefit Trust is a trust that prioritizes the well-being of its participants by managing and disbursing funds for a range of health and welfare benefits. By offering various forms of coverage including PPO, HMO, EAP, vision, STD, LTD, stop loss, life insurance, and BTA, the trust ensures its members have access to essential health services and financial protection. The trust's mission is to provide and manage these benefits, enhancing the overall wellbeing and peace of mind for those it serves.
Impact
This information is meant to be a general summary of Bio-Rad Laboratories Employee Benefit Trust. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The impact of the Bio-Rad Laboratories Employee Benefit Trust is significant in providing essential health and welfare benefits to its plan participants. By covering insurance premiums, medical expenses, dental care, and other key services, the trust plays a crucial role in supporting the well-being and financial security of its members. This ensures that employees have access to necessary healthcare services and financial protections, contributing to their overall quality of life and peace of mind. The trust's offerings such as PPO, HMO, EAP, vision, STD, LTD, life insurance, and Business Travel Accident coverage further enhance the comprehensive support provided to plan participants. This tangible impact underscores the trust's dedication to fulfilling its mission of offering mutual benefit through essential health and welfare benefits.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$50,334,907
EMPLOYEE CONTRIBUTIONS
Revenue
$10,348,092
Organization Details
Founding Year
1980
Phone
(510) 741-7000
Principal Officer
Colleen Corey
Main Address
1000 ALFRED NOBEL DRIVE, HERCULES, CA, 945471811
NTEE Category
Code: Y40 - Mutual benefit
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