Subaru Employee Welfare Benefit Trust

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

EIN: 222351386 ✦ Camden, NJ ✦ Designated as a 501(c)(9)

Overview

What is Subaru Employee Welfare Benefit Trust?

The Subaru Employee Welfare Benefit Trust is a charitable organization based in Camden, New Jersey, with a US address at ONE Subaru Drive, ZIP code 08103. Its primary mission is to provide health and welfare benefits for the employees of Subaru of America and its subsidiaries. With over 1900 participants as of December 31, 2022, the trust ensures the wellbeing of the workforce by offering essential benefits and support.


Is Subaru Employee Welfare Benefit Trust legitimate?

Subaru Employee Welfare Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Subaru Employee Welfare Benefit Trust 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 Subaru Employee Welfare Benefit Trust?
Who is the CEO of Subaru Employee Welfare Benefit Trust?
What is the revenue of Subaru Employee Welfare Benefit Trust?
Who are the executives of Subaru Employee Welfare Benefit Trust and what are their salaries?
Where can I find the form 990 for Subaru Employee Welfare Benefit Trust?

Mission Statement of Subaru Employee Welfare Benefit Trust

The Subaru Employee Welfare Benefit Trust is a dedicated organization committed to providing health and welfare benefits to the employees of Subaru of America and its subsidiaries. Established to ensure the well-being of its workforce, the Trust serves over 1,900 participants as of December 31, 2022.

In its mission to support the employees of Subaru, the Trust takes on the essential role of managing and dispensing various health and welfare benefits. These benefits are designed to enhance the overall quality of life for the employees and their families, providing them with vital resources and assistance when they need it most. By offering these benefits, the Trust helps to foster a strong and engaged workforce that is better able to focus on their roles within the organization.

The Subaru Employee Welfare Benefit Trust plays a vital role in the lives of its beneficiaries, providing them with access to essential health and welfare programs. In doing so, it demonstrates a deep commitment to the well-being and happiness of the employees, ensuring that they are well-equipped to face the challenges of their personal and professional lives with confidence.

Impact

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




Thursday, August 15, 2024

The Subaru Employee Welfare Benefit Trust plays a vital role in providing health and welfare benefits to the employees of Subaru of America, Inc. and its subsidiaries. By offering these benefits, the Trust contributes to the well-being and security of the company's workforce. This helps in attracting and retaining talented individuals, fostering a positive work environment, and ultimately enhancing the overall productivity and performance of the organization. The Trust's impact extends to the individual employees and their families who benefit from access to essential healthcare and welfare services, ensuring their quality of life and peace of mind.





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: $314,744
  • Program Service Revenue: $32,685,937
  • Gross Receipts: $33,000,681

    • Assets and Liabilities:
  • Total Assets: $58,661,394
  • Total Liabilities: $0
  • Net Assets: $58,661,394
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $24,656,008

    EMPLOYEE CONTRIBUTIONS

    Revenue

    $8,029,929

    Organization Details

    Founding Year

    1981

    Principal Officer

    Kenneth L'Esperance

    Main Address

    ONE SUBARU DRIVE, CAMDEN, NJ, 08103

    NTEE Category

    Code: Y40 - Mutual benefit

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