Burlington Northern Santa Fe Welfare Benefit Trust

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

EIN: 366721125 ✦ Fort worth, TX ✦ Designated as a 501(c)(9)

Overview

What is Burlington Northern Santa Fe Welfare Benefit Trust?

The Burlington Northern Santa Fe Welfare Benefit Trust is a charitable trust based in Fort Worth, Texas, with the primary mission of serving as a funding mechanism for the group health and welfare benefit plans of participating companies. By acting as a central financing entity, the Trust ensures that employees under these plans receive essential benefits. This organization's activities are dedicated to the well-being of employees covered by the plans and are a vital resource for the companies involved.


Is Burlington Northern Santa Fe Welfare Benefit Trust legitimate?

Burlington Northern Santa Fe Welfare Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Burlington Northern Santa Fe 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: $20,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Burlington Northern Santa Fe Welfare Benefit Trust?
What is the revenue of Burlington Northern Santa Fe Welfare Benefit Trust?
Who are the executives of Burlington Northern Santa Fe Welfare Benefit Trust and what are their salaries?
Where can I find the form 990 for Burlington Northern Santa Fe Welfare Benefit Trust?

Mission Statement of Burlington Northern Santa Fe Welfare Benefit Trust

Burlington Northern Santa Fe Welfare Benefit Trust, a vital funding vehicle, is dedicated to supporting group health and welfare plans that cater to the employees of participating companies. Established with a single purpose, the Trust functions as a financial backbone, ensuring the sustainability of benefits packages for its covered workforce.

The Trust's primary role revolves around facilitating the financial aspects of employee benefits, particularly those related to group health and welfare. By acting as a funding tool, it enables participating companies to provide comprehensive benefits plans for their employees, ultimately contributing to their overall well-being and job satisfaction.

Through its unwavering commitment to employee welfare, the Trust plays a pivotal role in bridging the gap between employers and their workforce. Its mission to provide financial resources for group health and welfare benefits plans empowers companies to care for their employees, fostering a loyal and productive work environment.

Impact

This information is meant to be a general summary of Burlington Northern Santa Fe 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 impact of Burlington Northern Santa Fe Welfare Benefit Trust is significant in providing group health and welfare benefits for the employees of participating companies. By acting as a funding tool for these plans, the trust plays a crucial role in ensuring that covered employees have access to essential benefits to support their well-being. This support is essential for the overall health and satisfaction of employees, contributing to a positive work environment and employee retention. Moreover, by pooling resources and providing efficient administration of benefits, the trust helps in maximizing the effectiveness of the benefits provided to employees. Overall, the impact of Burlington Northern Santa Fe Welfare Benefit Trust is instrumental in enhancing the welfare and quality of life for the covered employees.





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: $47,497
  • Program Service Revenue: $120,180,885
  • Gross Receipts: $120,228,382

    • Assets and Liabilities:
  • Total Assets: $5,934,548
  • Total Liabilities: $0
  • Net Assets: $5,934,548
  • Programs

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

    Employer Contribution

    Revenue

    $84,969,515

    Employee Contribution

    Revenue

    $35,211,370

    Organization Details

    Main Address

    2301 Lou Menk Drive - HR/GOB - G3W, Fort Worth, TX, 76131

    NTEE Category

    Code: Y40 - Mutual benefit

    If you are a representative of Burlington Northern Santa Fe Welfare Benefit 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.