Umta Trust

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

EIN: 936029224 ✦ Portland, OR ✦ Designated as a 501(c)(9)

Overview

What is Umta Trust?

Umta Trust is a nonprofit organization situated in Portland, Oregon, specifically at 1919 NE Pacific Street, Suite 200. Their primary mission involves offering health, life, and disability benefits to employees of participating employers. The Umta Trust ensures the wellbeing of its members by providing coverage for various unfortunate circumstances, including sickness and hospitalization.


Is Umta Trust legitimate?

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

Mission Statement of Umta Trust

Umta Trust, a nonprofit organization, is dedicated to enhancing the wellbeing of participating employers' employees by providing them with essential health, life, and disability benefits. The mission of Umta Trust revolves around extending crucial coverage to its members during periods of sickness, hospitalization, and unfortunate death.

By offering these vital benefits, Umta Trust assumes a significant role in ensuring financial security and peace of mind for its members. The organization's primary focus lies in extending a safety net that catches employees during critical moments, enabling them to focus on their recovery rather than worrying about their financial situation.

In practice, Umta Trust's initiatives translate to providing death benefits, sickness benefits, and hospitalization coverage to its covered members. The organization's commitment to its mission is reflected in its provision of these benefits, which are crucial in providing a financial cushion during challenging times. Through these offerings, Umta Trust not only supports individuals but also strengthens the overall community by maintaining a workforce that is both healthy and financially secure.

Impact

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




Thursday, August 15, 2024

Umta Trust's impact is clear in its provision of death, sickness, and hospitalization benefits to covered members. By offering these critical benefits to participating employers' employees in Portland, Oregon, Umta Trust plays a vital role in ensuring the health, life, and financial security of its members. Through its mutual benefit model, Umta Trust directly enhances the well-being and stability of the individuals it serves.





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: $2,251,068
  • Program Service Revenue: $17,790,069
  • Gross Receipts: $33,997,153

    • Assets and Liabilities:
  • Total Assets: $40,189,293
  • Total Liabilities: $5,139,239
  • Net Assets: $35,050,054
  • Programs

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

    Employer Contributions

    Revenue

    $17,711,477

    Participant Contributions

    Revenue

    $78,592

    Organization Details

    Founding Year

    1950

    Principal Officer

    Martha Cox

    Main Address

    1919 NE Pacific Street Suite 200, Portland, OR, 97232

    NTEE Category

    Code: Y40 - Mutual benefit

    If you are a representative of Umta 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.