2020-10-16T14:11:34-05:00 2019-12-31 910614823 SCHOEDEL & SCHOEDEL CPAS PLLC 422 W RIVERSIDE AVE STE 1420 SPOKANE WA 992010395 990 2019-01-01 367481494 Business Health Trust BUSI 4257717359 PO Box 6 Mukilteo WA 98275 Jen Crofton Trustee 4257717359 2020-10-16 1 SCOTT OPPERUD CPA P00542597 5097472158 2020-09-30 207.114.231.3 2020-10-16 12:11:21 PD P 5D31E10A362EC8450777791EEC3E42FDA1584936 5A33E1DD1FD3A695AA7A5714865FC508C51129E1 2019 2021-04-22 16:20:28Z Sarai Childs PO Box 6 Mukilteo WA 98275 101563163 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 90562888 101289158 17030 22715 251239 251290 90831157 101563163 0 0 80313894 89597126 0 0 0 0 0 10063206 11348952 90377100 100946078 454057 617085 8478868 6857737 6630093 4391877 1848775 2465860 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 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 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 1 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 Evelyn Lemoine Trustee 0.50 X 0 0 0 Tony Williams Trustee 0.50 X 0 0 0 Mary McWilliams Trustee (former) 0.50 X 0 0 0 Jane Billbe Trustee (former) 0.50 40.00 X 0 101799 28621 Marilyn Strickland Trustee (former) 0.50 40.00 X 0 330000 24275 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 431799 52896 0 0 1 0 ABD Insurance & Financial Services Inc 777 Mariners Island Blvd Suite 250 San Mateo CA 94404 Consulting/Brokerage 2520111 Vimly Benefit Solutions Inc PO Box 6 Mukilteo WA 982750006 Third-Party Administrator 1752459 Greater Seattle Chamber of Commerce 1301 5th Avenue 1500 Seattle WA 98101 Administration 922091 Armfield Harrison & Thomas Technology I 20 South King Street Leesburg VA 20175 Insurance broker 472265 Pro-Plan Management LLC 4726 West Roberts Way Seattle WA 98199 Consulting 421332 5 Employer contributions 525100 100315522 100315522 Participant contributions 525100 973636 973636 101289158 22715 22715 Other 525100 160000 160000 Employer late and NSF fees 525100 91290 91290 251290 101563163 101540448 0 22715 89597126 2752307 108747 20609 8253025 39713 24736 12657 4943 38068 Outreach and communicat 88986 Dues and subscriptions 5161 100946078 1760264 813275 5877537 5486163 664562 272050 2340 5104 174165 281145 8478868 6857737 466373 112212 5198371 3516777 965349 762888 6630093 4391877 X 0 0 0 0 1848775 2465860 1848775 2465860 8478868 6857737 617085 0 X 0 1 X 0 0 0 Premiums due to insurers 762888 762888 101563163 0 101563163 0 101563163 101148539 965349 965349 100183190 762888 762888 100946078 Part XII, Line 2d - Other Adjustments: Premiums due to insurers at the end of the prior year 965,349. Part XII, Line 4b - Other Adjustments: Premiums due to insurers at the end of the current year 762,888. 0 0 0 Marilyn Strickland Trustee (former) 0 330000 0 0 0 0 0 16940 0 7335 0 354275 0 0 Part I, Line 3 Marilyn Strickland was both a Trustee of this trust and President and Chief Executive Officer of the Greater Seattle Chamber of Commerce (GSCC), the trust settlor and a service provider to this trust. Ms. Strickland's compensation was determined and paid by the GSCC. Greater Seattle Chamber of Commerce Trust settlor and a service provider to this trust 922091 During the year ended December 31, 2019, 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 $922,091. 0 Impact Accounting & Consulting Services LLC Provides trust Executive Director and management consulting services 404761 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 496366 During the year ended December 31, 2019, GSCC made contributions to this trust which totaled $496,366. 0 MHM Consulting Provides trustee training and development services 27068 The trustees are provided with trustee training and development services through MHM Consulting. 0 Form 990, Part VI, Section A, line 2 During the year ended December 31, 2019, two of the Trustees were employees of the Greater Seattle Chamber of Commerce, the trust settlor and a service provider to this trust. Additionally, during the year ended December 31, 2019, two of the Trustees served on the Board of Trustees of the Greater Seattle Chamber of Commerce. 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 and MHM Consulting 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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