2022-10-19T15:06:40-05:00 2021-12-31 910614823 SCHOEDEL & SCHOEDEL CPAS PLLC 422 W RIVERSIDE AVE STE 1420 SPOKANE WA 992010395 990 2021-01-01 367481494 Business Health Trust BUSI 4257717359 PO Box 6 Mukilteo WA 98275 Jen Crofton Trustee 4257717359 2022-10-19 1 Jen Crofton 999009999 SCOTT OPPERUD CPA P00542597 5097472158 2022-10-19 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z Sarai Childs PO Box 6 Mukilteo WA 98275 119029722 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. 9 9 0 0 0 0 0 0 107714278 118777896 18943 16185 59745 235641 107792966 119029722 0 0 94785423 104630792 0 0 0 0 0 11938771 13398922 106724194 118029714 1068772 1000008 10960532 13505686 7425900 8081046 3534632 5424640 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 68 0 1 0 0 0 0 0 0 0 0 0 X 9 9 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 Nancy Giunto Trustee 0.50 X 0 0 0 Kayla DeMonte Trustee 0.50 X 0 0 0 Jenny Weitz Trustee 0.50 X 0 0 0 Beth Damis Trustee 0.50 X 0 0 0 Kitty Singh 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 2976002 Vimly Benefit Solutions Inc PO Box 6 Mukilteo WA 982750006 Third-Party Administrator 2055510 Greater Seattle Chamber of Commerce 1301 5th Avenue 1500 Seattle WA 98101 Administration 1095401 Armfield Harrison & Thomas Technology I 20 South King Street Leesburg VA 20175 Insurance broker 658579 Digital Insurance Inc 200 Galleria Parkway Suite 1950 Atlanta GA 30339 Insurance broker 526331 20 Employer contributions 525100 117661105 117661105 Participant contributions 525100 1116791 1116791 118777896 16185 16185 Other 525100 131000 131000 Employer late and NSF fees 525100 104641 104641 235641 119029722 119013537 0 16185 104630792 3268217 470169 25500 9293101 37125 41294 9109 1032 45732 Outreach and communicat 201950 Dues and subscriptions 5693 118029714 1078067 1278932 8394209 10511647 448781 469165 5110 5911 1034365 1240031 10960532 13505686 123722 123808 6367890 7139414 934288 817824 7425900 8081046 X 0 0 0 0 3534632 5424640 3534632 5424640 10960532 13505686 X 1000008 890000 X 0 1 X 0 0 0 Rate stabilization reserves 1240031 1240031 Premiums due to insurers 817824 817824 119029722 0 119029722 0 119029722 118146178 934288 934288 117211890 817824 817824 118029714 Part XII, Line 2d - Other Adjustments: Premiums due to insurers at the beginning of the year 934,288. Part XII, Line 4b - Other Adjustments: Premiums due to insurers at the end of the year 817,824. Greater Seattle Chamber of Commerce Trust settlor and a service provider to this trust 1095400 During the year ended December 31, 2021, 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 $1,095,400. 0 Impact Accounting & Consulting Services LLC Provides trust Executive Director and management consulting services 473743 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 581090 During the year ended December 31, 2021, GSCC made contributions to this trust which totaled $581,090. 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. Form 990, Part XI, line 9: Transfer of assets from another trust 890,000. 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