Overview
What is Ascension Welfare Benefits Trust?
The Ascension Welfare Benefits Trust is a nonprofit organization primarily focused on managing and investing contributions for various employee benefit plans offered by Ascension Health and its related organizations. The scope of these benefits includes dental, vision, disability, life, accidental death and dismemberment, postretirement healthcare, and employee assistance programs. The trust serves the employees of Ascension Health and its related organizations, providing them with essential benefits and support throughout their careers and into retirement.
Is Ascension Welfare Benefits Trust legitimate?
Ascension Welfare Benefits Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Ascension Welfare Benefits 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 Ascension Welfare Benefits Trust?
The Ascension Welfare Benefits Trust is dedicated to managing contributions for various employee benefit plans. These plans include dental, disability, life insurance, accidental death and dismemberment, vision, post-retirement healthcare, and employee assistance programs. The trust serves the employees of Ascension Health and its related organizations, providing dental, vision, disability, and life insurance benefits, as well as accidental death and dismemberment coverage and employee assistance programs. Furthermore, it offers post-retirement healthcare benefits for employees of Ascension Health and its related organizations.
What is the revenue of Ascension Welfare Benefits Trust?
Ascension Welfare Benefits Trust's revenue in 2022 was $203,696,553.
Who are the executives of Ascension Welfare Benefits Trust and what are their salaries?
- Northern Trust Company (Trustee)
Where can I find the form 990 for Ascension Welfare Benefits Trust?
The Ascension Welfare Benefits Trust’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Ascension Welfare Benefits Trust
Ascension Welfare Benefits Trust, a national healthcare plan provider, is committed to receiving, holding, and investing contributions for dental, disability, life, accidental death and dismemberment, vision, postretirement health care, and employee assistance benefit plans for employees of Ascension Health and its related organizations. The Trust serves as a vital resource for Ascension Health's workforce, providing them with essential benefits and programs that ensure their overall well-being.
The Trust's mission extends beyond routine employee benefits. It includes offering dental, vision, and disability coverage to help employees maintain their health and wellness. Additionally, it administers life, accidental death and dismemberment, and postretirement health care benefits, ensuring that employees and retirees are financially protected in various aspects of their lives. Furthermore, the Trust's employee assistance programs offer valuable resources to help employees manage life's challenges, such as counseling services and work-life balance support.
In summary, Ascension Welfare Benefits Trust plays a crucial role in supporting Ascension Health's employees by providing a comprehensive range of benefits and programs. These offerings help employees maintain their physical and mental health, address financial concerns, and navigate life's various challenges. The Trust's commitment to Ascension Health's workforce is an essential part of the organization's overall mission to promote the well-being of its employees and, by extension, the patients they serve.
Impact
This information is meant to be a general summary of Ascension Welfare Benefits Trust. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Ascension Welfare Benefits Trust plays a crucial role in providing essential benefits such as dental, disability, life, accidental death and dismemberment, vision, postretirement health care, and employee assistance programs to employees of Ascension Health and its related organizations. Additionally, it offers retiree medical benefits for former employees of these organizations. By managing and investing contributions for these benefit plans, Ascension Welfare Benefits Trust significantly impacts the well-being and financial security of employees and retirees, ensuring they have access to necessary healthcare and support services. This organization's efforts contribute to the overall welfare and satisfaction of the workforce within the Ascension Health network.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Disability Plan
Revenue
$97,227,007
National Healthcare Plan
Revenue
$81,864,940
GROUP LIFE PLAN
Revenue
$39,769,184
Health Ministry Retiree Plan
Revenue
$728,907
Organization Details
Founding Year
1992
Phone
(314) 733-8000
Main Address
C/O TAX DEPARTMENT PO BOX 45998, St Louis, MO, 631455998
NTEE Category
Code: Y40 - Mutual benefit
If you are a representative of Ascension Welfare Benefits 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.