Electrical Medical Trust

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

EIN: 741621269 ✦ Houston, TX ✦ Designated as a 501(c)(9)

Overview

What is Electrical Medical Trust?

The Electrical Medical Trust is a nonprofit organization located in Houston, Texas, specifically at 8441 Gulf Freeway, Apt 304. Their primary objective is to extend medical benefits to around 1760 eligible members, along with their dependents and beneficiaries. This Houston-based trust holds a mission to cater to the healthcare needs of electricians within the area.


Is Electrical Medical Trust legitimate?

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

Mission Statement of Electrical Medical Trust

Electrical Medical Trust, a non-profit organization, is dedicated to ensuring the wellbeing of approximately 1760 eligible members in the electrical industry and their dependents and beneficiaries. By prioritizing their health, Electrical Medical Trust strives to provide essential medical benefits tailored to electricians in Houston.

The primary mission of Electrical Medical Trust is to extend vital health services to its members. By offering medical benefits, the organization aims to contribute significantly to the overall health and productivity of the electrical industry workforce in Houston. Through its exempt purpose, Electrical Medical Trust is committed to providing comprehensive coverage that enhances the quality of life for the beneficiaries, ultimately fostering a healthier and more resilient community.

Impact

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




Thursday, August 15, 2024

The impact of the Electrical Medical Trust is significant in providing essential medical benefits to electricians in Houston. By offering healthcare coverage to approximately 1,760 eligible members of the plan along with their dependents and beneficiaries, the trust plays a crucial role in supporting the health and well-being of this vital workforce. Such initiatives not only ensure access to necessary medical services but also contribute to the overall welfare and stability of electricians and their families in the Houston area.





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: $-46,399
  • Program Service Revenue: $26,138,300
  • Gross Receipts: $26,810,599

    • Assets and Liabilities:
  • Total Assets: $21,145,072
  • Total Liabilities: $7,642,741
  • Net Assets: $13,502,331
  • Programs

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

    EMPLOYERS CONTRIBUTIONS

    Revenue

    $21,201,091

    RECIPROCAL CONTRIBUTIONS

    Revenue

    $3,348,180

    PARTICIPANTS CONTRIBUTIONS

    Revenue

    $365,539

    EMPLOYEE CONTRIBUTIONS

    Revenue

    $1,223,490

    Organization Details

    Founding Year

    1969

    Principal Officer

    Stephen Gonzales

    Main Address

    8441 GULF FREEWAY APT 304, HOUSTON, TX, 77017

    NTEE Category

    Code: Y40 - Mutual benefit

    If you are a representative of Electrical Medical 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.