Master Trust Agreement For Welfare Benefits

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 043480219 ✦ Somerville, MA ✦ Designated as a 501(c)(9)

Overview

What is Master Trust Agreement For Welfare Benefits?

The Master Trust Agreement for Welfare Benefits is a pact between fraternal beneficiary societies and voluntary employees associations based in Somerville, Massachusetts. Their primary objective is to extend life, sickness, accident, and other essential benefits to their members. The agreement governs the funding and management of various trust programs outlined within.


Is Master Trust Agreement For Welfare Benefits legitimate?

Master Trust Agreement For Welfare Benefits is a legitimate nonprofit organization registered as a 501(c)(9) entity. Master Trust Agreement For Welfare Benefits submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Master Trust Agreement For Welfare Benefits?
Who is the CEO of Master Trust Agreement For Welfare Benefits?
What is the revenue of Master Trust Agreement For Welfare Benefits?
Who are the executives of Master Trust Agreement For Welfare Benefits and what are their salaries?
Where can I find the form 990 for Master Trust Agreement For Welfare Benefits?

Mission Statement of Master Trust Agreement For Welfare Benefits

The Master Trust Agreement for Welfare Benefits is a commitment made between various fraternal beneficiary societies and voluntary employees associations. This agreement is dedicated to extending life, sickness, accident, and other essential benefits to those in need. The Master Trust Agreement serves as a funding source for these programs, ensuring that individuals receive the support they require during challenging times. By pooling their resources, these organizations are able to offer comprehensive benefits packages, providing security and peace of mind for beneficiaries.

Impact

This information is meant to be a general summary of Master Trust Agreement For Welfare Benefits. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The Master Trust Agreement for Welfare Benefits has a significant impact on the community it serves by providing essential life, sickness, accident, and other benefits to its members. This agreement ensures that individuals and families have access to necessary support during times of need, helping to alleviate financial burdens and promote overall well-being. By offering these benefits through a structured trust program, the Master Trust Agreement for Welfare Benefits plays a crucial role in enhancing the quality of life for its participants in Somerville, MA, and surrounding areas.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,150,221
  • Program Service Revenue: $11,552,078
  • Gross Receipts: $12,702,299

    • Assets and Liabilities:
  • Total Assets: $150,443,269
  • Total Liabilities: $0
  • Net Assets: $150,443,269
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    EMPLOYEE CONTRIBUTIONS

    Revenue

    $11,552,078

    Organization Details

    Principal Officer

    Mass General Brigham Inco

    Main Address

    399 REVOLUTION DRIVE 645, SOMERVILLE, MA, 02145

    NTEE Category

    Code: Y43 - Mutual benefit

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