Business Health Tr

Organization Overview

Business Health Tr is located in Mukilteo, WA. The organization was established in 2013. According to its NTEE Classification (Y43) the organization is classified as: Voluntary Employees Beneficiary Associations (Non-Government), under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Business Health Tr is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 12/2021, Business Health Tr generated $119.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $118.0m during the year ending 12/2021. While expenses have increased by 3.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE TRUST WAS ESTABLISHED TO HOLD INSURANCE POLICIES THROUGH WHICH PARTICIPATING EMPLOYERS CAN PROVIDE PROGRAMS OF HEALTH AND OTHER INSURED WELFARE BENEFITS UNDER THE EMPLOYEE BENEFIT PLANS THEY MAINTAIN FOR THEIR EMPLOYEES AND DEPENDENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE TRUST WAS ESTABLISHED TO HOLD INSURANCE POLICIES THROUGH WHICH PARTICIPATING EMPLOYERS CAN PROVIDE INSURED WELFARE BENEFITS UNDER THE EMPLOYEE BENEFIT PLANS THEY MAINTAIN FOR THEIR EMPLOYEES AND DEPENDENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Sarai Childs
Contracted Executive Direc
$0
Tony Williams
Trustee
$0
Evelyn Lemoine
Trustee
$0
Jen Crofton
Trustee
$0
Cary Badger
Trustee
$0
Nancy Giunto
Trustee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Abd Insurance & Financial Services Inc
Consulting/brokerage
$2,976,002
Greater Seattle Chamber Of Commerce
Administration
$1,095,401
Vimly Benefit Solutions Inc
Third-party Administrator
$2,055,510
Digital Insurance Inc
Insurance Broker
$526,331
Armfield Harrison & Thomas Technology I
Insurance Broker
$658,579
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$118,777,896
Investment income $16,185
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $119,029,722

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