Idaho Agc Self-Funded Benefit Trust

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

EIN: 300496315 ✦ Boise, ID ✦ Designated as a 501(c)(9)

Overview

What is Idaho Agc Self-Funded Benefit Trust?

Idaho Agc Self-Funded Benefit Trust is a nonprofit organization based in Boise, Idaho, with the address 1649 WEST SHORELINE DR 100. Its primary mission is to manage and administer health and welfare benefits for eligible employees of participating member firms within the Idaho Associated General Contractors. The trust follows the guidelines set by the Employment Retirement Income Security Act of 1974, overseeing the collection of contributions, management and investment of trust property, and reinvestment of income generated from it.


Is Idaho Agc Self-Funded Benefit Trust legitimate?

Idaho Agc Self-Funded Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Idaho Agc Self-Funded 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

For more financial information, click here


What is the mission statement of Idaho Agc Self-Funded Benefit Trust?
Who is the CEO of Idaho Agc Self-Funded Benefit Trust?
What is the revenue of Idaho Agc Self-Funded Benefit Trust?
Who are the executives of Idaho Agc Self-Funded Benefit Trust and what are their salaries?
Where can I find the form 990 for Idaho Agc Self-Funded Benefit Trust?

Mission Statement of Idaho Agc Self-Funded Benefit Trust

Idaho Agc Self-Funded Benefit Trust is a trusted organization dedicated to receiving contributions and managing investments in accordance with the Employment Retirement Income Security Act of 1974. Its primary mission is to hold, manage, invest, and reinvest trust property and all income derived from these assets, ensuring the financial stability required for providing health and welfare benefits to eligible employees.

The Trust, a vital component of the Idaho AGC, channels resources and expertise to enhance the health and well-being of employees from participating member firms. Through its meticulous management of trust assets, it is able to generate the necessary revenue streams to support and deliver essential health and welfare benefits. By adhering to the regulations set forth in the Employment Retirement Income Security Act of 1974, the Idaho Agc Self-Funded Benefit Trust upholds the highest standards of financial trustworthiness and transparency.

In essence, the Trust plays a vital role in the Idaho AGC community by providing a stable financial foundation for delivering crucial health and welfare benefits to eligible employees. Its unwavering commitment to compliance with the Employment Retirement Income Security Act of 1974 instills confidence and trust among the participating member firms, ensuring a robust and reliable benefits program for their employees.

Impact

This information is meant to be a general summary of Idaho Agc Self-Funded 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 Idaho Agc Self-Funded Benefit Trust has a direct impact on the health and well-being of eligible employees of participating member firms of the Idaho AGC. By working through the AGC Benefit Trust, this organization provides health and welfare benefits to individuals who contribute to and are covered by the Trust. This support ensures that employees have access to essential healthcare services that can improve their quality of life and overall productivity.





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: $212,032
  • Program Service Revenue: $16,032,271
  • Gross Receipts: $17,207,823

    • Assets and Liabilities:
  • Total Assets: $9,716,481
  • Total Liabilities: $3,189,973
  • Net Assets: $6,526,508
  • Programs

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

    PLAN INCOME

    Revenue

    $16,032,271

    Organization Details

    Founding Year

    2008

    Principal Officer

    Wayne Hammon

    Main Address

    1649 WEST SHORELINE DR 100, BOISE, ID, 83702

    NTEE Category

    Code: Y43 - Mutual benefit

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