Overview
What is South Bay Hotel Employees Restaurant Employees Welfare Trust Fund?
The South Bay Hotel Employees Restaurant Employees Welfare Trust Fund is a nonprofit organization based in Seattle, Washington, with a PO Box address at 34203. Their mission is to provide essential health and welfare benefits for eligible participants and their dependents. These benefits include medical, life, dental, vision, prescription drug, and accidental death and dismemberment coverage. By offering these benefits, the Trust Fund aims to support and enhance the well-being of those who are part of the organization.
Official website here: www.southbayheretrust.com
Is South Bay Hotel Employees Restaurant Employees Welfare Trust Fund legitimate?
South Bay Hotel Employees Restaurant Employees Welfare Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. South Bay Hotel Employees Restaurant Employees Welfare Trust Fund 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.
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For more financial information, click here
Official website here: www.southbayheretrust.com
What is the mission statement of South Bay Hotel Employees Restaurant Employees Welfare Trust Fund?
The South Bay Hotel Employees Restaurant Employees Welfare Trust Fund is dedicated to providing essential benefits for eligible participants and their dependents. This trust fund offers a range of benefits including medical, life, dental, vision, prescription drug, and accidental death and dismemberment coverage. The primary mission is to ensure the well-being of those who are part of the organization by delivering these crucial benefits. By providing these benefits, the Trust Fund aims to enhance the overall quality of life for its members and their families. With a focus on comprehensive healthcare and financial security, the Trust Fund continues to fulfill its promise to those who rely on it.
Official website here: www.southbayheretrust.com
Who is the CEO of South Bay Hotel Employees Restaurant Employees Welfare Trust Fund?
Enrique Fernandez is the Trustee of South Bay Hotel Employees Restaurant Employees Welfare Trust Fund.
Official website here: www.southbayheretrust.com
What is the revenue of South Bay Hotel Employees Restaurant Employees Welfare Trust Fund?
South Bay Hotel Employees Restaurant Employees Welfare Trust Fund's revenue in 2022 was $30,354,760.
Official website here: www.southbayheretrust.com
Who are the executives of South Bay Hotel Employees Restaurant Employees Welfare Trust Fund and what are their salaries?
Here are 10 key members and their salaries:
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Official website here: www.southbayheretrust.com
Where can I find the form 990 for South Bay Hotel Employees Restaurant Employees Welfare Trust Fund?
South Bay Hotel Employees Restaurant Employees Welfare Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.southbayheretrust.com
Learn more at the official website: www.southbayheretrust.com
Mission Statement of South Bay Hotel Employees Restaurant Employees Welfare Trust Fund
South Bay Hotel Employees Welfare Trust Fund, a nonprofit organization, is dedicated to providing health and welfare benefits for eligible participants and their dependents. In simpler terms, this Trust Fund ensures that those who meet the eligibility criteria have access to essential medical, life, dental, vision, prescription drug, and accidental death and dismemberment benefits. These benefits are crucial in ensuring the well-being and peace of mind of the trust fund members. By offering a comprehensive range of health and welfare benefits, the Trust Fund enables its members to focus on their daily lives without the added stress of financial burdens related to healthcare. This safety net plays an instrumental role in promoting overall wellness and financial stability for those it serves.
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Impact
October, 2024
The South Bay Hotel Employees Restaurant Employees Welfare Trust Fund plays a crucial role in enhancing the well-being of eligible participants and their dependents in the Seattle area. By providing comprehensive health and welfare benefits, including medical, life, dental, vision, prescription drugs, and accidental death and dismemberment coverage, it significantly improves access to essential healthcare services.
This support fosters a healthier workforce, reduces financial burdens associated with medical expenses, and promotes peace of mind among employees and their families. By prioritizing these benefits, the Fund not only strengthens the overall quality of life for its members but also contributes to a more stable and productive community, ensuring that individuals have the resources they need to thrive both personally and professionally.
This information is meant to be a general summary of South Bay Hotel Employees Restaurant Employees Welfare Trust Fund. 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: $1,266,024
- Program Service Revenue: $29,088,736
- Gross Receipts: $34,784,857
Assets and Liabilities:
- Total Assets: $45,665,439
- Total Liabilities: $8,356,298
- Net Assets: $37,309,141
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EmployeR Contributions
Revenue
$27,176,061
EmployeE Contributions
Revenue
$430,678
FORMULARY REBATES
Revenue
$227,451
STOP LOSS REimbursements
Revenue
$1,185,922
All Other Programs
Revenue
$68,624
Organization Details
Founding Year
1958
Phone
(206) 441-7574Principal Officer
Enrique Fernandez
Main Address
PO BOX 34203, SEATTLE, WA, 98124
Website
www.southbayheretrust.comNTEE Category
Code: Y40 - Mutual benefit
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