South Bay Hotel Employees Restaurant Employees Welfare Trust Fund

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

EIN: 946080365 ✦ Seattle, WA ✦ Designated as a 501(c)(9)

Overview

What is South Bay Hotel Employees Restaurant Employees Welfare Trust Fund?

The South Bay Hotel Employees Restaurant Employees Welfare Trust Fund is a nonprofit organization based in Seattle, Washington, with a PO Box address at 34203. Their mission is to provide essential health and welfare benefits for eligible participants and their dependents. These benefits include medical, life, dental, vision, prescription drug, and accidental death and dismemberment coverage. By offering these benefits, the Trust Fund aims to support and enhance the well-being of those who are part of the organization.


Official website here: www.southbayheretrust.com

Is South Bay Hotel Employees Restaurant Employees Welfare Trust Fund legitimate?

South Bay Hotel Employees Restaurant Employees Welfare Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. South Bay Hotel Employees Restaurant Employees Welfare Trust Fund 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


Official website here: www.southbayheretrust.com

What is the mission statement of South Bay Hotel Employees Restaurant Employees Welfare Trust Fund?

The South Bay Hotel Employees Restaurant Employees Welfare Trust Fund is dedicated to providing essential benefits for eligible participants and their dependents. This trust fund offers a range of benefits including medical, life, dental, vision, prescription drug, and accidental death and dismemberment coverage. The primary mission is to ensure the well-being of those who are part of the organization by delivering these crucial benefits. By providing these benefits, the Trust Fund aims to enhance the overall quality of life for its members and their families. With a focus on comprehensive healthcare and financial security, the Trust Fund continues to fulfill its promise to those who rely on it.


Official website here: www.southbayheretrust.com

Who is the CEO of South Bay Hotel Employees Restaurant Employees Welfare Trust Fund?

Enrique Fernandez is the Trustee of South Bay Hotel Employees Restaurant Employees Welfare Trust Fund.


Official website here: www.southbayheretrust.com

What is the revenue of South Bay Hotel Employees Restaurant Employees Welfare Trust Fund?

South Bay Hotel Employees Restaurant Employees Welfare Trust Fund's revenue in 2022 was $30,354,760.


Official website here: www.southbayheretrust.com

Who are the executives of South Bay Hotel Employees Restaurant Employees Welfare Trust Fund and what are their salaries?

Here are 10 key members and their salaries:

    Tanya Fleming (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Southwell (Trustee-Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sarah Julian (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Enrique Fernandez (Trustee-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rosa Rodriguez (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sarah Mcdermott (Alternate) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Raquel Alvarez (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Beard (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jimmy Sarfraz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • See Schedule O For Compensation (Paid By Related Organizations) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.southbayheretrust.com

    Where can I find the form 990 for South Bay Hotel Employees Restaurant Employees Welfare Trust Fund?

    The South Bay Hotel Employees Restaurant Employees Welfare Trust Fund’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.southbayheretrust.com

    Learn more at the official website: www.southbayheretrust.com

    Mission Statement of South Bay Hotel Employees Restaurant Employees Welfare Trust Fund

    South Bay Hotel Employees Welfare Trust Fund, a nonprofit organization, is dedicated to providing health and welfare benefits for eligible participants and their dependents. In simpler terms, this Trust Fund ensures that those who meet the eligibility criteria have access to essential medical, life, dental, vision, prescription drug, and accidental death and dismemberment benefits. These benefits are crucial in ensuring the well-being and peace of mind of the trust fund members. By offering a comprehensive range of health and welfare benefits, the Trust Fund enables its members to focus on their daily lives without the added stress of financial burdens related to healthcare. This safety net plays an instrumental role in promoting overall wellness and financial stability for those it serves.

    Impact

    This information is meant to be a general summary of South Bay Hotel Employees Restaurant Employees Welfare Trust Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The South Bay Hotel Employees Restaurant Employees Welfare Trust Fund has a significant impact on the well-being of its eligible participants and their dependents by providing essential health and welfare benefits. These benefits include medical, life, dental, vision, prescription drug, and accidental death and dismemberment coverage. By offering these vital resources, the Trust Fund plays a crucial role in safeguarding the health and financial security of those within its community.





    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: $1,266,024
  • Program Service Revenue: $29,088,736
  • Gross Receipts: $34,784,857

    • Assets and Liabilities:
  • Total Assets: $45,665,439
  • Total Liabilities: $8,356,298
  • Net Assets: $37,309,141
  • Programs

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

    EmployeR Contributions

    Revenue

    $27,176,061

    EmployeE Contributions

    Revenue

    $430,678

    FORMULARY REBATES

    Revenue

    $227,451

    STOP LOSS REimbursements

    Revenue

    $1,185,922

    All Other Programs

    Revenue

    $68,624

    Organization Details

    Founding Year

    1958

    Principal Officer

    Enrique Fernandez

    Main Address

    PO BOX 34203, SEATTLE, WA, 98124

    NTEE Category

    Code: Y40 - Mutual benefit

    If you are a representative of South Bay Hotel Employees Restaurant Employees Welfare Trust Fund 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.