Hensel Phelps Construction Co Employee Benefit Trust

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

EIN: 266902736 ✦ Dallas, TX ✦ Designated as a 501(c)(9)

Overview

What is Hensel Phelps Construction Co Employee Benefit Trust?

Hensel Phelps Construction Co Employee Benefit Trust is a nonprofit organization based in Dallas, Texas, with a mission to manage funds designated for providing health and welfare benefits to current and eligible former employees of Hensel Phelps Construction Company and their dependents. Established as a holding vehicle, the trust ensures the monies are utilized to enhance the well-being of the employees. With a workforce of around 26 individuals, the trust offers essential services to support the health and welfare of the employees of this construction company.


Is Hensel Phelps Construction Co Employee Benefit Trust legitimate?

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

Mission Statement of Hensel Phelps Construction Co Employee Benefit Trust

The Hensel Phelps Construction Co Employee Benefit Trust is a specialized trust that serves as a financial vessel to ensure the provision of health and welfare benefits for the employees of Hensel Phelps Construction Company and their dependents. Established with a distinct purpose, this trust operates as a dedicated entity to maintain funds for the sole intention of enhancing the well-being and overall quality of life for current and eligible former employees of Hensel Phelps Construction Company.

By acting as a trusted intermediary, the Hensel Phelps Construction Co Employee Benefit Trust assumes responsibility for facilitating the distribution of essential health and welfare benefits to its beneficiaries. This includes covering various expenses related to healthcare, insurance, and other related services that contribute significantly to the employees' and their families' well-being.

The trust's ultimate objective is to provide a safety net for Hensel Phelps Construction Company employees, ensuring they have access to critical benefits that promote their overall health and well-being. By managing the financial resources allocated for these benefits, the trust plays a vital role in safeguarding the future of the employees and their families.

Impact

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




Thursday, August 15, 2024

Hensel Phelps Construction Co Employee Benefit Trust makes a significant impact by providing for the payment of health and welfare benefits to current and eligible former Hensel Phelps Construction employees and their dependents. This initiative ensures that the employees and their families have access to important healthcare services and financial support. By offering these benefits, the trust plays a crucial role in supporting the well-being and security of the individuals associated with Hensel Phelps Construction Company.





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: $71,704
  • Program Service Revenue: $41,442,267
  • Gross Receipts: $41,513,971

    • Assets and Liabilities:
  • Total Assets: $3,822,591
  • Total Liabilities: $12,205
  • Net Assets: $3,810,386
  • Programs

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

    CONTRIBUTIONS

    Revenue

    $41,442,267

    Organization Details

    Founding Year

    2009

    Principal Officer

    Sherrita Wade -Comerica Bank

    Main Address

    8850 BOEDECKER 5TH FLOOR, DALLAS, TX, 75225

    NTEE Category

    Code: Y40 - Mutual benefit

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