Smart Group Vstd Plan And Trust

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

EIN: 276365479 ✦ Washington, DC ✦ Designated as a 501(c)(9)

Overview

What is Smart Group Vstd Plan And Trust?

Smart Group Vstd Plan and Trust is a nonprofit organization based in Washington, D.C. With a US address at 1750 New York Avenue NW, they primarily focus on providing short-term and long-term disability benefits to their members. This organization's mission is to support individuals during periods of disability, offering essential financial assistance during difficult times.


Official website here: www.utu.org

Is Smart Group Vstd Plan And Trust legitimate?

Smart Group Vstd Plan And Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Smart Group Vstd Plan And 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


Official website here: www.utu.org

What is the mission statement of Smart Group Vstd Plan And Trust?

The Smart Group Vstd Plan and Trust is dedicated to providing disability benefits to its members. This organization offers both short-term and long-term disability coverage to those who join. By doing so, it aims to offer financial support during times of physical or mental incapacity. The provision of these benefits enables members to focus on their recovery rather than their financial situation. Additionally, having this safety net adds peace of mind and security for individuals and their families. The organization's commitment to its members' well-being is a crucial aspect of its mission.


Official website here: www.utu.org

Who is the CEO of Smart Group Vstd Plan And Trust?

Jeremy Ferguson is the Trustee of Smart Group Vstd Plan And Trust.


Official website here: www.utu.org

What is the revenue of Smart Group Vstd Plan And Trust?

Smart Group Vstd Plan And Trust's revenue in 2022 was $14,066,847.


Official website here: www.utu.org

Who are the executives of Smart Group Vstd Plan And Trust and what are their salaries?

Here are 3 key members and their salaries:

    Joseph Sellers Jr (Trustee)
  • Compensation: $0
  • Related: $487,128
  • Other: $49,148

    • Joseph Powell (Trustee)
  • Compensation: $0
  • Related: $429,522
  • Other: $48,247

    • Jeremy Ferguson (Trustee)
  • Compensation: $0
  • Related: $364,256
  • Other: $65,285


  • Official website here: www.utu.org

    Where can I find the form 990 for Smart Group Vstd Plan And Trust?

    The Smart Group Vstd Plan And Trust’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.utu.org

    Learn more at the official website: www.utu.org

    Mission Statement of Smart Group Vstd Plan And Trust

    Smart Group Vstd Plan and Trust is a mission-driven organization that offers short-term and long-term disability benefits to its members. In simple terms, the nonprofit is dedicated to providing financial support to individuals who are unable to work due to illness or injury, ensuring they can focus on recovery rather than financial stress.

    By offering short-term disability benefits, Smart Group Vstd Plan and Trust provides a vital safety net for its members during their initial recovery period. This benefit can cover a significant portion of their lost income, allowing them to meet their daily needs and maintain their standard of living while they focus on getting better. Moreover, the organization's long-term disability benefits offer a critical layer of protection for those facing chronic conditions or extended periods of disability. This financial security enables members to focus on their recovery and rehabilitation, without the added burden of financial worries.

    The team at Smart Group Vstd Plan and Trust is committed to helping its members navigate the complexities of the disability benefits process. They understand the emotional and logistical challenges that come with dealing with a disabling condition, and work tirelessly to ensure their members receive the benefits they are entitled to. By providing this essential service, the organization not only alleviates financial stress but also empowers its members to focus on their health and well-being during challenging times.

    Impact

    This information is meant to be a general summary of Smart Group Vstd Plan And Trust. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Smart Group Vstd Plan And Trust's impact can be seen in its provision of short-term disability benefits to its members. By offering both short-term and long-term disability benefits, the organization plays a crucial role in supporting individuals who may face financial challenges due to disabilities. This assistance can help members maintain their financial stability and access necessary resources during difficult times. Overall, Smart Group Vstd Plan And Trust's activities contribute to enhancing the well-being and quality of life for its members.





    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: $290,477
  • Program Service Revenue: $12,641,640
  • Gross Receipts: $23,512,913

    • Assets and Liabilities:
  • Total Assets: $6,170,934
  • Total Liabilities: $0
  • Net Assets: $6,170,934
  • Programs

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

    MONTHLY ASSESSMENTS

    Revenue

    $12,641,640

    Organization Details

    Founding Year

    2010

    Principal Officer

    Jeremy Ferguson

    Main Address

    1750 NEW YORK AVENUE NW 600, WASHINGTON, DC, 20006

    NTEE Category

    Code: Y43 - Mutual benefit

    If you are a representative of Smart Group Vstd Plan And Trust and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.