West Jersey Health System Workers Compensation Tr

Organization Overview

West Jersey Health System Workers Compensation Tr, operating under the name Virtua Hlth Workers Comp Trust, is located in Marlton, NJ. The organization was established in 1992. According to its NTEE Classification (Y20) the organization is classified as: Insurance Providers, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Virtua Hlth Workers Comp Trust is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Virtua Hlth Workers Comp Trust generated $3.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.1% each year . All expenses for the organization totaled $3.3m during the year ending 12/2021. While expenses have increased by 20.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

WORKERS COMPENSATION TRUST

Describe the Organization's Program Activity:

Part 3 - Line 4a

ORGANIZATION PROVIDES WORKERS COMPENSATION INSURANCE COVERAGE TO EMPLOYEES OF VIRTUA HEALTH, INC. INSURANCE IS IN COMPLIANCE WITH NJ WORKMENS COMPENSATION LAWS.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$3,250,000
Investment income $239
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,250,239

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