Association Of Washington Cities Employees Benefit Trust

Organization Overview

Association Of Washington Cities Employees Benefit Trust is located in Olympia, WA. The organization was established in 1988. According to its NTEE Classification (Y44) the organization is classified as: Voluntary Employees Beneficiary Associations 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. Association Of Washington Cities Employees Benefit Trust is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 12/2023, Association Of Washington Cities Employees Benefit Trust generated $273.3m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $264.6m during the year ending 12/2023. While expenses have increased by 2.1% per year over the past 9 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

2023

Describe the Organization's Mission:

Part 3 - Line 1

SEE FORM 990, PART III, LINE 1.

Describe the Organization's Program Activity:

Part 3 - Line 4a

AS PART OF MEDICAL COST CONTAINMENT, THE HEALTH RISK MANAGEMENT PROGRAM IS DESIGNED TO HELP EMPLOYEES ENHANCE THEIR QUALITY OF LIFE, MAKE BETTER USE OF HEALTH CARE SERVICES, CONTRIBUTE MORE FULLY TO THEIR WORKPLACE, AND BETTER SERVE THEIR COMMUNITY. PROVIDE PARTICIPANTS AND THEIR DEPENDENTS WITH EMPLOYEE ASSISTANCE PROGRAMS, MEDICAL, DENTAL, VISION, GROUP LIFE ACCIDENTAL DEATH AND DISMEMBERMENT AND LONG-TERM DISABILITY. THE PLAN IS A COST SHARING MULTIPLE EMPLOYER PLAN WITH APPROXIMATELY 280 CONTRIBUTING EMPLOYERS. MEMBERSHIP IN 2023 INCLUDES 19,172 ENROLLEES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Association Of Wa Cities
Service Provider
$6,861,316
Vimly Benefit Solutions
Administrative Services
$1,469,927
Castlight Health Inc
Health Management Services
$1,140,739
Aon Consulting Inc
Consulting Services
$325,316
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$271,439,706
Investment income $2,957,085
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$1,055,533
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $273,341,258

Peer Organizations

Organization NameAssets
Association Of Washington Cities Employees Benefit Trust
Olympia, WA
$273,341,258
Idaho School District Council Self-Funded Benefit Trust
Boise, ID
$167,553,722
School District 1 Health & Welfare Trust Fund
Tualatin, OR
$106,682,288
Voluntary Employees Beneficiary Assoc Tr For Pub Empl State Of Wa
Spokane, WA
$173,076,595
Snohomish County Pud Voluntary Employees Beneficiary Association
Everett, WA
$24,504,904
Iaff Local 726 Health And Welfare Trust
Mukilteo, WA
$12,024,480
Voluntary Employees Beneficiary Association Post-Employment Health
Spokane, WA
$20,553,250
City Of Santa Clara Voluntary Employees Beneficiary Assoc Postre
Spokane, WA
$2,194,589
Washington State Council Of Fire Fighters Employee Benefit Tr
Mukilteo, WA
$29,923,871
Apea-Aft Health And Welfare Trust
Anchorage, AK
$6,328,945
City Of Coeur Dalene Employee Benefits Tr
Coeur Dalene, ID
$5,865,717
Gig Harbor Firefighters Union Health & Welfare Tr
Gig Harbor, WA
$4,851,773
Oea Choice Welfare Trust
Tigard, OR
$4,342,619
Seattle Police Offers Guild Benefit Tr
Seattle, WA
$1,785,567
Irvine Police Association Benefit Trust
Mukilteo, WA
$5,115,069
Oxnard Peace Officers Association Retiree Medical Trust
Mukilteo, WA
$3,027,977
City Of Auburn Veba Trust
Auburn, WA
$1,906,710
City Of Kirkland Veba Trust
Kirkland, WA
$1,812,390
City Of Everett Veba Tr
Everett, WA
$1,797,459
Pasadena Police Retired Medical Tr
Mukilteo, WA
$1,159,651
Admin Committee Of Chelan County Public Utlty Dist Retirees Bnft Pl
Wenatchee, WA
$455,469
Washington State Rural Hospital Insurance Trust
Mukilteo, WA
$112
Santa Monica Firefighters Health Benefit Trust
Mukilteo, WA
$1,080,655
Rural Alaska Fuel Services Inc
Anchorage, AK
$190,147
Healthinvest Hra Veba Trst For Public Emp In State Of Ca Nv & Az
Spokane, WA
$592,502

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