North Carolina Bar Association Health Benefit Trust

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

EIN: 566595155 ✦ Cary, NC ✦ Designated as a 501(c)(9)

Overview

What is North Carolina Bar Association Health Benefit Trust?

The North Carolina Bar Association Health Benefit Trust is a self-funded, multiple-employer welfare plan established as a non-profit entity, headquartered in Cary, North Carolina. With over 4,500 participants as of September 30, 2022, the Trust provides benefits to employees of participating employers. The Trust functions as a health benefit program, allowing employees to enroll in coverage upon employment.


Is North Carolina Bar Association Health Benefit Trust legitimate?

North Carolina Bar Association Health Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. North Carolina Bar Association Health 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: $5,250
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of North Carolina Bar Association Health Benefit Trust?
Who is the CEO of North Carolina Bar Association Health Benefit Trust?
What is the revenue of North Carolina Bar Association Health Benefit Trust?
Who are the executives of North Carolina Bar Association Health Benefit Trust and what are their salaries?
Where can I find the form 990 for North Carolina Bar Association Health Benefit Trust?

Mission Statement of North Carolina Bar Association Health Benefit Trust

The North Carolina Bar Association Health Benefit Trust is a non-profit entity that operates a self-funded multiple-employer welfare plan. This Trust, which currently has over 4,500 participants, provides health benefits to employees of participating employers upon their employment. The Trust's primary mission is to operate as a health benefit program, offering coverage to employees of various participating organizations. By pooling resources from multiple employers, the Trust is able to provide cost-effective and comprehensive health benefits to a large number of individuals. The Trust is not-for-profit and exists solely for the purpose of extending health benefits to its members.

Impact

This information is meant to be a general summary of North Carolina Bar Association Health 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 North Carolina Bar Association Health Benefit Trust's impact is significant as it provides a health benefit program for employees of participating employers, allowing them to elect coverage. This self-funded multiple-employer welfare arrangement operates solely as a nonprofit entity with the mission to provide benefits to the 4,522 participants as of September 30, 2022. By offering this mutual benefit, the Trust contributes to the well-being and security of its members by ensuring access to essential healthcare services.





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: $537,307
  • Program Service Revenue: $50,353,673
  • Gross Receipts: $54,625,786

    • Assets and Liabilities:
  • Total Assets: $26,853,160
  • Total Liabilities: $5,393,159
  • Net Assets: $21,460,001
  • Programs

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

    PREMIUMS EARNED

    Revenue

    $50,353,673

    Organization Details

    Founding Year

    2002

    Principal Officer

    Elizabeth W Voltz

    Main Address

    8000 WESTON PARKWAY, CARY, NC, 27513

    NTEE Category

    Code: Y40 - Mutual benefit

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