Roche Employee Welfare Benefit Tr

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 223078724 ✦ Little falls, NJ ✦ Designated as a 501(c)(9)

Overview

What is Roche Employee Welfare Benefit Tr?

The Roche Employee Welfare Benefit Trust is a nonprofit organization based in Little Falls, New Jersey, with the address 150 Clove Road Suite 8. Its primary objective is to provide coverage for employee benefits and expenses for the participants. The organization's mission revolves around harmonizing the U.S. Roche health and welfare benefits, ensuring the payment of claims and expenses for eligible members.


Is Roche Employee Welfare Benefit Tr legitimate?

Roche Employee Welfare Benefit Tr is a legitimate nonprofit organization registered as a 501(c)(9) entity. Roche Employee Welfare Benefit Tr 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

For more financial information, click here


What is the mission statement of Roche Employee Welfare Benefit Tr?
Who is the CEO of Roche Employee Welfare Benefit Tr?
What is the revenue of Roche Employee Welfare Benefit Tr?
Who are the executives of Roche Employee Welfare Benefit Tr and what are their salaries?
Where can I find the form 990 for Roche Employee Welfare Benefit Tr?

Mission Statement of Roche Employee Welfare Benefit Tr

The Roche Employee Welfare Benefit Trust, a Harmonized U.S. plan, is dedicated to providing coverage for employee benefits and expenses for its participating members. In simple terms, this nonprofit organization's mission is to assume and manage the costs related to various benefits and claims on behalf of Roche's employees.

By taking on this role, the Roche Employee Welfare Benefit Trust allows Roche to offer comprehensive employee benefits packages while managing the financial aspects effectively. The Trust's primary objective is to ensure that employees have access to essential benefits and that any expenses or claims related to these benefits are processed and paid efficiently.

The Trust's operation is designed to simplify the benefits administration process for Roche, enabling the company to focus on its core business objectives while the Trust handles the intricacies of employee benefits management. By covering the costs associated with these benefits, the Trust provides a valuable service to Roche and its employees, contributing to an overall better employment experience.

Impact

This information is meant to be a general summary of Roche Employee Welfare Benefit Tr. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The Roche Employee Welfare Benefit Trust plays a crucial role in providing essential benefits and covering expenses for employees. As a part of the Harmonized U.S. Roche Health and Welfare Benefits VEBA Plan, this trust ensures that members receive the necessary support for their healthcare needs. By administering and funding employee benefits, this trust contributes to the overall well-being and satisfaction of Roche employees, ultimately enhancing the company's ability to attract and retain talent. The impact of the Roche Employee Welfare Benefit Trust is significant in safeguarding the financial security and health of participants, reflecting its mission to cover employee benefits and expenses effectively.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $606,200
  • Program Service Revenue: $451,753,180
  • Gross Receipts: $1,476,016,366

    • Assets and Liabilities:
  • Total Assets: $79,919,367
  • Total Liabilities: $0
  • Net Assets: $79,919,367
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    EMPLOYER

    Revenue

    $396,390,377

    EMPLOYEE

    Revenue

    $55,362,803

    Organization Details

    Founding Year

    1990

    Principal Officer

    David Mcdede

    Main Address

    150 Clove Road Suite 8, Little Falls, NJ, 07424

    NTEE Category

    Code: Y40 - Mutual benefit

    If you are a representative of Roche Employee Welfare Benefit Tr and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.