Associates Health Trust

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

EIN: 346817365 ✦ Solon, OH ✦ Designated as a 501(c)(9)

Overview

What is Associates Health Trust?

Associates Health Trust is a nonprofit organization based in Solon, Ohio, established as a Section 501(c)(9) VEBA trust. Its primary mission is to provide hospitalization and dental benefits to approximately 4,067 eligible employees of Swagelok Company. The trust's operations include administering major medical and dental coverage, ensuring the health and wellbeing of its members.


Is Associates Health Trust legitimate?

Associates Health Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Associates Health 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 Associates Health Trust?
Who is the CEO of Associates Health Trust?
What is the revenue of Associates Health Trust?
Who are the executives of Associates Health Trust and what are their salaries?
Where can I find the form 990 for Associates Health Trust?

Mission Statement of Associates Health Trust

Associates Health Trust, a Section 501 (C)(9) VEBA trust, dedicates itself to providing hospitalization and dental benefits to approximately 4,067 employees of the Swagelok Company. This nonprofit organization serves as a safety net for its beneficiaries, ensuring they have access to essential medical and dental care.

The mission of Associates Health Trust is to deliver major medical and hospitalization, as well as dental benefits, to all eligible participants of the Swagelok Company's welfare benefit plan. By doing so, the trust offers peace of mind and financial security to the employees, enabling them to focus on their health and wellbeing. The trust's commitment to providing comprehensive healthcare benefits is crucial in ensuring the workforce remains healthy and productive.

Associates Health Trust plays a pivotal role in safeguarding the health of its beneficiaries by offering them access to vital medical and dental services. This nonprofit organization fosters a healthier workforce, which in turn contributes to the overall success and growth of the Swagelok Company. By providing these essential benefits, Associates Health Trust demonstrates its dedication to the wellbeing of its employees and their families.

Impact

This information is meant to be a general summary of Associates Health Trust. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Associates Health Trust has a significant impact on the well-being and healthcare coverage of approximately 4,067 employees of the Swagelok Company. By providing major medical/hospitalization and dental benefits to all eligible participants of the welfare benefit plan, this trust ensures that these employees have access to essential healthcare services. Through its mission as a VEBA trust, Associates Health Trust plays a crucial role in supporting the health and financial security of its members.





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: $82,495
  • Program Service Revenue: $61,359,697
  • Gross Receipts: $61,442,192

    • Assets and Liabilities:
  • Total Assets: $10,802,796
  • Total Liabilities: $7,077,265
  • Net Assets: $3,725,531
  • Programs

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

    CONTRIB.-EMPLOYERS

    Revenue

    $51,220,080

    CONTRIB.-EMPLOYEES

    Revenue

    $9,669,902

    CONTRIB.-COBRA

    Revenue

    $469,715

    Organization Details

    Founding Year

    1983

    Principal Officer

    I James Cavoli

    Main Address

    6262 COCHRAN ROAD, SOLON, OH, 44139

    NTEE Category

    Code: Y40 - Mutual benefit

    If you are a representative of Associates Health Trust 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.