Leidos Health And Welfare Benefits Trust

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

EIN: 953779392 ✦ Reston, VA ✦ Designated as a 501(c)(9)

Overview

What is Leidos Health And Welfare Benefits Trust?

Leidos Health and Welfare Benefits Trust is a charitable trust based in Reston, Virginia, dedicated to managing and distributing funds for providing medical, dental, life, disability, and other benefits for Leidos Inc employees and their dependents or designated beneficiaries. The trust receives contributions and makes payments for administrative services, premiums, claims, and other associated costs as part of Leidos' Employee Health and Welfare Benefit Plan. The trust's mission is to ensure Leidos' employees have access to essential benefits, providing financial security and peace of mind.


Is Leidos Health And Welfare Benefits Trust legitimate?

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

Mission Statement of Leidos Health And Welfare Benefits Trust

Leidos Health and Welfare Benefits Trust is a dedicated organization with a mission to provide medical, dental, life, disability, and other benefits for the members or their dependents and designated beneficiaries. This trust collects contributions from participants and the sponsoring employer, Leidos, Inc., to ensure the payments for these benefits under the Employee Health and Welfare Benefit Plan.

The Trust plays a significant role in securing essential benefits for its members. It gathers resources to cover a wide range of healthcare needs, making it an indispensable asset to those it serves. The trust's primary function involves processing and managing claims, ensuring that the benefits are paid out in a timely and efficient manner. More than just a benefit administrator, the Trust also manages administrative fees associated with the plans.

In summary, Leidos Health and Welfare Benefits Trust acts as a vital intermediary between the sponsoring employer and its employees. It collects contributions and ensures the provision of various benefits, providing a crucial safety net for its members, and thus, contributing to their overall wellbeing.

Impact

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




Thursday, August 15, 2024

Leidos Health And Welfare Benefits Trust plays a crucial role in providing essential medical, dental, life, disability, and other benefits for members or their dependents or designated beneficiaries. By collecting contributions from participants and the sponsoring employer, this trust ensures that individuals have access to necessary health and welfare services. Through the distribution of payments for administrative services, premiums, claims, and other associated costs, Leidos Health And Welfare Benefits Trust directly impacts the well-being and security of its members. This trust contributes to the overall health and stability of its participants by facilitating access to important benefits that support their overall quality of life.





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: $980,214
  • Program Service Revenue: $296,339,701
  • Gross Receipts: $297,319,915

    • Assets and Liabilities:
  • Total Assets: $13,190,639
  • Total Liabilities: $381,354
  • Net Assets: $12,809,285
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $188,834,107

    EMPLOYEE CONTRIBUTIONS

    Revenue

    $107,505,594

    Organization Details

    Founding Year

    1988

    Principal Officer

    Carl Homicki

    Main Address

    1750 PRESIDENTS ST ATTN TAX DEPT, RESTON, VA, 20190

    NTEE Category

    Code: Y40 - Mutual benefit

    If you are a representative of Leidos Health And Welfare Benefits 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.