2019-10-14T21:30:49-05:00 2018-12-31 910614823 SCHOEDEL & SCHOEDEL CPAS PLLC 422 W RIVERSIDE AVE STE 1420 SPOKANE WA 992010395 990 2018-01-01 367481494 Business Health Trust BUSI 4257717359 PO Box 6 Mukilteo WA 98275 Marilyn Strickland Trustee 4257717359 2019-10-14 1 SCOTT OPPERUD CPA P00542597 5097472158 2019-10-10 207.114.231.3 2019-10-14 19:26:38 PD P BB2AC30269F7780B330423FB8C0571A23705F2F4 BB2AC30269F7780B330423FB8C0571A23705F2F4 2018 2019-02-21 02:37:17Z Sarai Childs PO Box 6 Mukilteo WA 98275 90831157 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. 3 1 0 0 0 0 0 0 63375830 90562888 4139 17030 107680 251239 63487649 90831157 0 0 54618242 80313894 0 0 0 0 0 8250212 10063206 62868454 90377100 619195 454057 4012793 8478868 2618075 6630093 1394718 1848775 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 72 0 1 0 0 0 0 0 0 0 0 0 X 3 1 1 1 1 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 Maud Daudon Trustee (former) 0.50 40.00 X 0 112921 10959 Mary McWilliams Trustee (former) 0.50 X 0 0 0 Jane Billbe Trustee 0.50 40.00 X 0 108664 19732 Marilyn Strickland Trustee 0.50 40.00 X 0 250218 13673 Sarai Childs Contracted Executive Director 40.00 4.00 X 0 0 0 0 471803 44364 0 0 1 0 ABD Insurance & Financial Services Inc 3 Waters Park Drive Suite 100 San Mateo CA 94403 Consulting/Brokerage 2197008 Vimly Benefit Solutions Inc PO Box 6 Mukilteo WA 982750006 Third-Party Administrator 1565799 Greater Seattle Chamber of Commerce 1301 5th Avenue 1500 Seattle WA 98101 Administration 754695 Pro-Plan Management LLC 4726 West Roberts Way Seattle WA 98199 Consulting 363770 Impact Accounting & Consulting Services 1315 11th Court SW North Bend WA 98045 Outsourced Management and Administration 363350 5 Employer contributions 525100 89720118 89720118 Participant contributions 525100 842770 842770 90562888 17030 17030 Other 525100 159585 159585 Employer late and NSF fees 525100 91654 91654 251239 90831157 90814127 0 17030 80313894 2408683 147808 17676 7287933 82198 17183 28148 11822 18341 Outreach and communicat 23289 Dues and subscriptions 20125 90377100 1621584 1760264 1640540 5877537 439844 664562 1963 2340 308862 174165 4012793 8478868 637523 466373 1387266 5198371 593286 965349 2618075 6630093 X 0 0 0 0 1394718 1848775 1394718 1848775 4012793 8478868 454057 0 X 0 1 X 0 0 0 Premiums due to insurers 965349 965349 90831157 0 90831157 0 90831157 90005037 593286 593286 89411751 965349 965349 90377100 Part XII, Line 2d - Other Adjustments: Premiums due to insurers at the end of the prior year 593,286. Part XII, Line 4b - Other Adjustments: Premiums due to insurers at the end of the current year 965,349. 0 0 0 Marilyn Strickland Trustee 0 250218 0 0 0 0 0 3705 0 9968 0 263891 0 0 Part I, Line 3 Marilyn Strickland is 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 is determined and paid by the GSCC. Greater Seattle Chamber of Commerce Trust settlor and a service provider to this trust 754695 During the year ended December 31, 2018, 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 $754,695. 0 Impact Accounting & Consulting Services LLC Provides trust Executive Director and management consulting services 363350 The Trust is provided with contracted Executive Director, management consulting and member outreach services through various staff of 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 650195 During the year ended December 31, 2018, GSCC made contributions to this trust which totaled $650,195. 0 Form 990, Part VI, Section A, line 2 As of December 31, 2018, two of the Trustees were employees of the Greater Seattle Chamber of Commerce, the trust settlor and a service provider to this trust. 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 4 The Trust Agreements for the thirteen Industry Health Trusts were amended and restated effective January 1, 2018. 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 Industry Health Trust also are ratified by vote of the 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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