Mars Inc Voluntary Employees Beneficiary Association

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

EIN: 363768068 ✦ Hackettstown, NJ ✦ Designated as a 501(c)(9)

Overview

What is Mars Inc Voluntary Employees Beneficiary Association?

Mars Inc Voluntary Employees Beneficiary Association is a nonprofit organization in Hackettstown, New Jersey, dedicated to providing health, welfare, and life benefits to its members. The organization processes payments for these benefits, ensuring the well-being and financial security of its members. The mission of Mars Inc Voluntary Employees Beneficiary Association is centered around delivering essential services and support to those connected with Mars Inc.


Is Mars Inc Voluntary Employees Beneficiary Association legitimate?

Mars Inc Voluntary Employees Beneficiary Association is a legitimate nonprofit organization registered as a 501(c)(9) entity. Mars Inc Voluntary Employees Beneficiary Association 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: $72,573
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Mars Inc Voluntary Employees Beneficiary Association?
Who is the CEO of Mars Inc Voluntary Employees Beneficiary Association?
What is the revenue of Mars Inc Voluntary Employees Beneficiary Association?
Who are the executives of Mars Inc Voluntary Employees Beneficiary Association and what are their salaries?
Where can I find the form 990 for Mars Inc Voluntary Employees Beneficiary Association?

Mission Statement of Mars Inc Voluntary Employees Beneficiary Association

Mars Inc Voluntary Employees Beneficiary Association, also known as MIVBAA, is a nonprofit organization dedicated to providing health, welfare, and life benefits for its members. The association's primary mission is to ensure the wellbeing of its members by managing and distributing various benefits.

MIVBAA's role goes beyond just processing and disbursing payments. It acts as a safety net for its members, offering them financial security and peace of mind during times of need. The organization's commitment to its members' health and welfare is unwavering, making it an essential part of the Mars Inc community.

The Mars Inc Voluntary Employees Beneficiary Association is not just a payer of benefits; it is a supportive partner. It provides essential services that help its members navigate through life's challenges, enabling them to focus on their health and wellbeing rather than financial concerns. By managing and administering these benefits, MIVBAA empowers its members to live their lives to the fullest, knowing that they have the necessary support when they need it.

Impact

This information is meant to be a general summary of Mars Inc Voluntary Employees Beneficiary Association. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Mars Inc Voluntary Employees Beneficiary Association's impact is primarily focused on providing payment of health, welfare, and life benefits for its members. This organization in Hackettstown, NJ, plays a crucial role in supporting the well-being and security of its members by facilitating access to essential benefits to help them lead healthier and more secure lives. Through its activities, this association contributes to improving the quality of life for its members and their families.





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: $15,912,150
  • Program Service Revenue: $8,928,682
  • Gross Receipts: $41,681,104

    • Assets and Liabilities:
  • Total Assets: $22,814,073
  • Total Liabilities: $975,740
  • Net Assets: $21,838,333
  • Programs

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

    PARTICIPANT CONTRIBUTIONS

    Revenue

    $8,830,855

    EMPLOYER CONTRIBUTIONS

    Revenue

    $97,827

    Organization Details

    Founding Year

    1999

    Principal Officer

    Jason Naskiewicz

    Main Address

    C/O MARS INVMTS 800 HIGH STREET, HACKETTSTOWN, NJ, 07840

    NTEE Category

    Code: Y40 - Mutual benefit

    If you are a representative of Mars Inc Voluntary Employees Beneficiary Association 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.