Gallo Employee Benefit Trust

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

EIN: 942334925 ✦ Modesto, CA ✦ Designated as a 501(c)(9)

Overview

What is Gallo Employee Benefit Trust?

The Gallo Employee Benefit Trust is a nonprofit organization headquartered in Modesto, California. Its primary mission is to offer health benefits to eligible participants in the Gallo Health Benefit Plan. By collecting contributions from the company, employees, retirees, and COBRA members, the trust enables access to preventative health assessments and medical treatments for various conditions. This arrangement allows Gallo to provide healthcare coverage to employees, retirees, their dependents, and COBRA members. The trust facilitates claim processing and administrative fees payment to insurance providers. In summary, the Gallo Employee Benefit Trust functions as a VEBAs (Voluntary Employees' Benefit Associations) trust, providing essential medical, healthcare, and dental benefits to eligible beneficiaries in accordance with the Gallo Health and Dental Plans for both salaried employees and full-time farmworkers.


Is Gallo Employee Benefit Trust legitimate?

Gallo Employee Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Gallo Employee 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Gallo Employee Benefit Trust?
Who is the CEO of Gallo Employee Benefit Trust?
What is the revenue of Gallo Employee Benefit Trust?
Who are the executives of Gallo Employee Benefit Trust and what are their salaries?
Where can I find the form 990 for Gallo Employee Benefit Trust?

Mission Statement of Gallo Employee Benefit Trust

The Gallo Employee Benefit Trust, a vital organization, is dedicated to ensuring eligible employees and their dependents have access to medical, healthcare, and dental benefits. In accordance with the Gallo Health and Dental Plans, this trust acts as a crucial intermediary, enabling the provision of essential healthcare services to salaried employees and full-time farmworkers.

By collecting contributions from the company, employees, retirees, and COBRA members, the trust facilitates the processing and payment of insurance claims and administrative fees to insurance providers. In doing so, it empowers the company to offer comprehensive healthcare coverage to its employees, retirees, their dependents, and COBRA members.

This trust plays a pivotal role in granting participants access to preventive health assessments and medical treatments for various conditions, thereby promoting overall well-being and disease prevention. By providing these benefits, the Gallo Employee Benefit Trust contributes significantly to the physical and mental health of its members, enabling them to live healthier, more productive lives.

Impact

This information is meant to be a general summary of Gallo Employee 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 Gallo Employee Benefit Trust plays a significant role in providing essential medical, healthcare, and dental benefits to eligible employees and their dependents in accordance with the Gallo health and dental plans. By facilitating access to preventative health assessments and medical treatments for various conditions, the trust helps ensure that individuals receive the necessary healthcare services. Additionally, the trust enables the company to fulfill its commitment to providing healthcare to employees, retirees, their dependents, and COBRA members by collecting contributions for claims processing and administrative fees. This essential support contributes to the overall well-being and satisfaction of the workforce associated with Gallo.





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: $0
  • Program Service Revenue: $64,424,673
  • Gross Receipts: $64,424,673

    • Assets and Liabilities:
  • Total Assets: $6,957,790
  • Total Liabilities: $4,962,290
  • Net Assets: $1,995,500
  • Programs

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

    COMPANY & EMPLOYEE CONTRIBUTIONS

    Revenue

    $64,068,752

    COBRA CONTRIBUTIONS

    Revenue

    $355,921

    Organization Details

    Founding Year

    1976

    Principal Officer

    Michelle Lewis

    Main Address

    PO BOX 1130, MODESTO, CA, 953531130

    NTEE Category

    Code: Y20 - Mutual benefit

    If you are a representative of Gallo Employee Benefit 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.