2024-11-15T13:16:38-06:00 2023-12-31 910614823 SCHOEDEL & SCHOEDEL CPAS PLLC 422 W RIVERSIDE AVE STE 1420 SPOKANE WA 992010395 990 2023-01-01 367481494 Business Health Trust BUSI 4257717359 PO Box 6 Mukilteo WA 98275 Tony Williams Trustee 4257717359 2024-11-15 1 1 SCOTT OPPERUD CPA P00542597 5097472158 2024-11-15 2023 2024-10-15 13:58:12Z Tony Williams PO Box 6 Mukilteo WA 98275 130376377 0 X www.businesshealthtrust.com X 2007 WA 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. 10 10 0 0 0 0 0 0 114161902 130063383 49063 198789 84724 114205 114295689 130376377 0 0 101378575 114612802 0 0 0 0 0 12960906 15197824 114339481 129810626 -43792 565751 13074782 16063817 7492780 9916064 5582002 6147753 To maintain insurance policies through which participating employers can provide insured welfare benefits under the employee benefit plans they maintain for their employees and dependents. 0 0 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. 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 1 55 0 1 0 0 0 0 0 0 0 0 0 X 10 10 0 1 0 0 0 1 0 1 0 0 0 1 0 0 0 0 0 0 X Vimly Benefit Solutions Inc 4257717359 12121 Harbour Reach Drive Suite 105 Mukilteo WA 98275 X Evelyn Lemoine Trustee 0.50 X 0 0 0 Tony Williams Trustee 0.50 X 0 0 0 Jen Crofton Trustee 0.50 X 0 0 0 Cary Badger Trustee 0.50 X 0 0 0 Mary Byrne Trustee 0.50 X 0 0 0 Beth Damis Trustee 0.50 X 0 0 0 Barbara Andrews Trustee 0.50 X 0 0 0 Simone Loban Trustee 0.50 X 0 0 0 Denise Giambalvo Trustee 0.50 X 0 0 0 Matt Kolacz Trustee 0.50 X 0 0 0 Sarai Childs Contracted Executive Direc 40.00 4.00 X 0 0 0 0 0 0 0 0 0 0 ABD Insurance & Financial Services Inc 777 Mariners Island Blvd Suite 250 San Mateo CA 94404 Consulting/Brokerage 3332100 Vimly Benefit Solutions Inc PO Box 6 Mukilteo WA 982750006 Third-Party Administrator 2243248 Greater Seattle Chamber of Commerce 1301 5th Avenue 1500 Seattle WA 981012632 Administration 1214452 Impact Accounting Services LLC 1315 11th Court SW North Bend WA 98045 Consulting 1198722 Digital Insurance Inc 200 Galleria Parkway Suite 1950 Atlanta GA 30339 Insurance broker 790589 16 Employer contributions 525100 129294759 129294759 Participant contributions 525100 768624 768624 130063383 198789 198789 Employer late and NSF fees 525100 72835 72835 Other 525100 41370 41370 114205 130376377 130177588 0 198789 114612802 3598350 65553 36600 10857889 92414 45274 3544 15119 53352 Outreach and communicat 421344 Dues and subscriptions 8385 129810626 705371 1237905 10700920 13448869 349638 356552 17188 39061 1301665 981430 13074782 16063817 141457 243006 6681557 8625711 669766 1047347 7492780 9916064 X 0 0 0 0 5582002 6147753 5582002 6147753 13074782 16063817 565751 0 X 0 1 X 0 0 0 Rate stabilization reserves 981430 981430 Premiums due to insurers 1047347 1047347 130376377 0 130376377 0 130376377 129433045 669766 669766 128763279 1047347 1047347 129810626 Part XII, Line 2d - Other Adjustments: Premiums due to insurers at the beginning of the year 669,766. Part XII, Line 4b - Other Adjustments: Premiums due to insurers at the end of the year 1,047,347. Greater Seattle Chamber of Commerce Trust settlor and a service provider to this trust 1214452 During the year ended December 31, 2023, the Trust collected participation fees payable to the Plan sponsor, GSCC. This is not a plan asset and is to paid exclusively by the employer. This fee is billed jointly for the convenience of the employer and collected by the Trust for remittance to GSCC as soon as administratively possible. Fees collected and remitted in this manner totaled $1,214,452. 0 Impact Accounting & Consulting Services LLC Provides trust Executive Director and management consulting services 1198722 The Trust is provided with contracted Executive Director, management consulting, and member outreach services through Impact Accounting & Consulting Services, LLC. Fees paid are inclusive of direct expenses incurred for the operations and efficiency of the Trust. 0 Greater Seattle Chamber of Commerce Participating employer in this trust 849075 During the year ended December 31, 2023, GSCC made contributions to this trust which totaled $849,075. 0 Form 990, Part VI, Section A, line 3 The Trust has contracted with a third-party administrator (Vimly Benefit Solutions, Inc.) to provide bookkeeping and administrative services. The Trust has also contracted with Impact Accounting & Consulting Services, LLC to provide management consulting services. Form 990, Part VI, Section A, line 7a Trustees for Business Health Trust are appointed by the Board of Trustees of the Greater Seattle Chamber of Commerce, the trust settlor and a service provider to this trust. Trustees for each Industry Health Trust are ratified by vote of the respective Industry Health Trust membership. Form 990, Part VI, Section A, line 8b There are no committees with the authority to act on behalf of the Board of Trustees. Form 990, Part VI, Section B, line 11b The Form 990 was prepared under the guidance of the Trust's consultants, advisors, and legal counsel by the independent accounting firm SCHOEDEL & SCHOEDEL, Certified Public Accountants, PLLC. Draft copies of the organization's financial statements and Form 990 were provided to the Trust's executive director, consultants, advisors, and legal counsel who reviewed the Form 990 for accuracy and completeness. Any questions, concerns, or issues raised by them were addressed, and any necessary revisions were made to the Form 990. The revised Form 990 was then provided to the Board of Trustees of the Business Health Trust and the Board of Trustees of the Industry Health Trust for review and approval. Any additional questions, concerns, or issues raised by either Board of Trustees were addressed, and any necessary revisions were made to the Form 990. The final version of the Form 990 was reviewed and approved for filing by the Boards of Trustees jointly. Form 990, Part VI, Section C, line 19 The Trust's governing documents, financial statements and Form 990 are available to the public upon written request by contacting the Trust in care of Vimly Benefit Solutions, Inc. at: P.O. Box 6, Mukilteo, WA 98275. 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