Overview
What is Alads Insurance Trust?
Alads Insurance Trust is a nonprofit organization located in Chatsworth, California, specifically at 9500 Topanga Canyon Blvd, ZIP code 91311. Their primary mission is to provide essential health and welfare benefits to eligible Los Angeles County employees. Through their initiatives, they aim to improve the well-being of these employees, ensuring they have access to necessary benefits.
Is Alads Insurance Trust legitimate?
Alads Insurance Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Alads Insurance 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Alads Insurance Trust?
Alads Insurance Trust is dedicated to extending health and welfare benefits to eligible employees of Los Angeles County. Through its mission, the trust strives to enhance the wellbeing and overall quality of life for these employees, ensuring they have access to essential services and resources when they need it most. By providing these crucial benefits, Alads Insurance Trust promotes the health, happiness, and financial security of the workforce, ultimately contributing to a stronger, more productive community. The trust's commitment to this mission reflects its dedication to the wellbeing of the employees it serves.
What is the revenue of Alads Insurance Trust?
Alads Insurance Trust's revenue in 2023 was $141,783,940.
Who are the executives of Alads Insurance Trust and what are their salaries?
Here are 3 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Alads Insurance Trust?
Alads Insurance Trust's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Alads Insurance Trust
Alads Insurance Trust, a notable organization, is committed to providing essential health and welfare benefits to eligible employees of Los Angeles County. This mission extends beyond just offering benefits; it represents a significant investment in the well-being of its beneficiaries.
The trust goes above and beyond its name, acting as a reliable provider of vital services that contribute to the overall health and morale of its recipients. By offering these benefits, Alads Insurance Trust plays a crucial role in supporting the workforce, enabling them to focus on their roles within the county and maintain their well-being.
In essence, Alads Insurance Trust serves as a safety net for eligible LA County employees, ensuring they have access to necessary resources during times of need. This assistance not only benefits the employees but also extends to their families, contributing to a stronger and healthier community as a whole.
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Impact
October, 2024
Alads Insurance Trust plays a significant role in enhancing the well-being of eligible LA County employees through the provision of essential health and welfare benefits. By offering these benefits, it helps to ensure that employees have access to necessary medical care, promoting overall health and wellness within the workforce. This support not only aids individual employees but also contributes to a more productive and resilient community. Operating from Chatsworth, CA, the trust is dedicated to ensuring that those who serve the public have the safety net they need, reinforcing the idea that employee well-being is crucial to effective public service. Through their commitment to mutual benefit, Alads Insurance Trust fosters a supportive environment for LA County employees, enabling them to focus on their roles while feeling secure in their health and welfare.
This information is meant to be a general summary of Alads Insurance 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.
- Investment Income: $165,593
- Program Service Revenue: $141,618,347
- Gross Receipts: $146,783,940
Assets and Liabilities:
- Total Assets: $6,554,843
- Total Liabilities: $616,534
- Net Assets: $5,938,309
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER/EMPLOYEE CONTRIB
Revenue
$141,618,347
Organization Details
Principal Officer
Julian Stern
NTEE Category
Code: Y40 - Mutual benefit
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