2021-10-30T16:28:50-05:00 2020-12-31 910614823 SCHOEDEL & SCHOEDEL CPAS PLLC 422 W RIVERSIDE AVE STE 1420 SPOKANE WA 992010395 990 2020-01-01 367481494 Business Health Trust BUSI 4257717359 PO Box 6 Mukilteo WA 98275 Jen Crofton Trustee 4257717359 2021-10-29 1 Jen Crofton 999009999 SCOTT OPPERUD CPA P00542597 5097472158 2021-10-30 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z Sarai Childs PO Box 6 Mukilteo WA 98275 107792966 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. 8 8 0 0 0 0 0 0 101289158 107714278 22715 18943 251290 59745 101563163 107792966 0 0 89597126 94785423 0 0 0 0 0 11348952 11938771 100946078 106724194 617085 1068772 6857737 10960532 4391877 7425900 2465860 3534632 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 8 8 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 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 2695234 Vimly Benefit Solutions Inc PO Box 6 Mukilteo WA 982750006 Third-Party Administrator 1866417 Greater Seattle Chamber of Commerce 1301 5th Avenue 1500 Seattle WA 98101 Administration 977091 Armfield Harrison & Thomas Technology I 20 South King Street Leesburg VA 20175 Insurance broker 507279 Digital Insurance Inc 200 Galleria Parkway Suite 1950 Atlanta GA 30339 Insurance broker 459404 5 Employer contributions 525100 106512390 106512390 Participant contributions 525100 1201888 1201888 107714278 18943 18943 Other 525100 30000 30000 Employer late and NSF fees 525100 29745 29745 59745 107792966 107774023 0 18943 94785423 2938793 53251 21500 8547701 45349 22903 14016 1058 40876 Outreach and communicat 243747 Dues and subscriptions 9577 106724194 813275 1078067 5486163 8394209 272050 448781 5104 5110 281145 1034365 6857737 10960532 112212 123722 3516777 6367890 762888 934288 4391877 7425900 X 0 0 0 0 2465860 3534632 2465860 3534632 6857737 10960532 1068772 0 X 0 1 X 0 0 0 Rate stabilization reserves 1034365 1034365 Premiums due to insurers 934288 934288 107792966 0 107792966 0 107792966 106552794 762888 762888 105789906 934288 934288 106724194 Part XII, Line 2d - Other Adjustments: Premiums due to insurers at the beginning of the year 762,888. Part XII, Line 4b - Other Adjustments: Premiums due to insurers at the end of the year 934,288. Greater Seattle Chamber of Commerce Trust settlor and a service provider to this trust 977091 During the year ended December 31, 2020, 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 $977,091. 0 Impact Accounting & Consulting Services LLC Provides trust Executive Director and management consulting services 429941 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 556183 During the year ended December 31, 2020, GSCC made contributions to this trust which totaled $556,183. 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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