AI Summary
PERSPECTA HEALTH AND WELFARE TRUST is a nonprofit organization dedicated to providing fringe benefits to employees covered by the Service Contract Act, including health, dental, vision, life, and short-term disability insurance, as well as paid time off. With an operating budget of $1.1 million and total revenue of $16 million for the filing year 2024, the organization plays a vital role in ensuring that employee benefits meet the minimum prevailing wage rates mandated by the Act. The organization does not rely on a single funder for 50% or more of its revenue.
Mission Statement
THE TRUST PROVIDES FRINGE BENEFITS TO EMPLOYEES COVERED BY THE SERVICE CONTRACT ACT. EMPLOYEE BENEFITS INCLUDING HEALTH, DENTAL, VISION, LIFE AND SHORT-TERM DISABILITY INSURANCE AND PAID TIME OFF ARE REQUIRED TO MEET MINIMUM PREVAILING WAGE RATES AS REQUIRED UNDER THE ACT.
Cause Areas
2
Personal services
Voluntary Employees Beneficiary Associations
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is PERSPECTA HEALTH AND WELFARE TRUST’s budget?
In 2024, PERSPECTA HEALTH AND WELFARE TRUST reported an annual operating budget of around $1.1 million. More detailed financial information is available to registered users.
What causes does PERSPECTA HEALTH AND WELFARE TRUST support?
PERSPECTA HEALTH AND WELFARE TRUST supports work in Personal services and Voluntary Employees Beneficiary Associations.
Where does PERSPECTA HEALTH AND WELFARE TRUST operate?
PERSPECTA HEALTH AND WELFARE TRUST is headquartered in Herndon, VA.