Retiree's Welfare Trust

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

EIN: 916065367 ✦ Seattle, WA ✦ Designated as a 501(c)(9)

Overview

What is Retiree's Welfare Trust?

Retiree's Welfare Trust is a nonprofit organization located in Seattle, Washington, with the address 2323 Eastlake Ave E, ZIP code 98102. Their mission is to provide health benefits for retired employees who meet the eligibility rules in effect when they retire, as well as qualified members of their families. The Trust's primary activity involves offering health benefits to enhance the well-being of its retired participants.


Is Retiree's Welfare Trust legitimate?

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

Mission Statement of Retiree's Welfare Trust

The Retiree's Welfare Trust is a dedicated organization committed to providing health benefits for retired employees who meet the eligibility rules in effect when they retire, as well as qualified members of their families. In simpler terms, this trust aims to ensure the well-being of retired participants by offering them essential health services.

The Retiree's Welfare Trust's primary mission revolves around extending health benefits to retired employees who have fulfilled the necessary eligibility requirements upon retirement. These benefits extend to the spouses and dependents of these retirees, further emphasizing the organization's commitment to the health and welfare of entire families. Through its mission, the trust plays a vital role in enabling retired individuals to maintain their health and well-being, offering them peace of mind during their post-career years.

Impact

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




Thursday, August 15, 2024

Retiree's Welfare Trust's impact is significant in providing essential health benefits for retired employees and their families. By ensuring access to healthcare for retired participants, spouses, and dependents, the trust plays a crucial role in supporting the well-being and quality of life of those who have dedicated their careers to an organization. This support exemplifies a commitment to the mutual benefit and welfare of retirees, reflecting a commendable approach to caring for those who have contributed to the workforce.





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: $1,694,940
  • Program Service Revenue: $49,135,409
  • Gross Receipts: $100,638,768

    • Assets and Liabilities:
  • Total Assets: $116,226,888
  • Total Liabilities: $5,568,733
  • Net Assets: $110,658,155
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $31,427,408

    RETIREE SELF-PAYMENTS

    Revenue

    $17,708,001

    Organization Details

    Founding Year

    1964

    Principal Officer

    Joe Tessier

    Main Address

    2323 EASTLAKE AVE E, SEATTLE, WA, 98102

    NTEE Category

    Code: Y40 - Mutual benefit

    If you are a representative of Retiree's Welfare 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.