Cnh Welfare Benefit Trust

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

EIN: 367045813 ✦ Racine, WI ✦ Designated as a 501(c)(9)

Overview

What is Cnh Welfare Benefit Trust?

The Cnh Welfare Benefit Trust is a trust based in Racine, Wisconsin, dedicated to offering life, illness, and accident benefits to eligible participants and their dependents or designated beneficiaries. Its mission encompasses providing healthcare reimbursement arrangements for retirees, ensuring financial support during critical times. The trust is committed to improving the wellbeing of its members by offering a range of programs to cover various benefit needs.


Is Cnh Welfare Benefit Trust legitimate?

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

Mission Statement of Cnh Welfare Benefit Trust

The CNH Welfare Benefit Trust is a mission-driven organization that extends a helping hand to eligible participants and their dependents or designated beneficiaries. This trust goes beyond the ordinary by offering life, illness, and accident benefits to those in need. By assuming this role, it brings a sense of security and peace of mind to countless individuals.

In essence, the CNH Welfare Benefit Trust serves as a safety net for its members. It provides a crucial lifeline during challenging times, offering financial assistance when faced with unexpected circumstances such as illness or accidents. Furthermore, it extends this support to the loved ones of the participants, ensuring that they are taken care of as well.

Moreover, CNH Welfare Benefit Trust offers a health reimbursement arrangement to its retirees. This additional benefit is designed to help retirees manage their healthcare expenses and maintain their wellbeing during their golden years. The trust strives to make a difference in the lives of its members, providing essential benefits that bring hope and stability during difficult times.

Impact

This information is meant to be a general summary of Cnh 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

Cnh Welfare Benefit Trust impacts the lives of eligible participants and their dependents/designated beneficiaries by providing crucial life, illness, and accident benefits. Additionally, the trust ensures retirees receive a health reimbursement arrangement, contributing to the overall well-being and financial security of its members. Located in Racine, WI, the trust's programs offer essential benefits that play a significant role in supporting its members during challenging times.





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: $532,209
  • Program Service Revenue: $143,311,461
  • Gross Receipts: $143,846,644

    • Assets and Liabilities:
  • Total Assets: $86,949,881
  • Total Liabilities: $1,457,231
  • Net Assets: $85,492,650
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $72,636,229

    BENEFIT OBLIGATION TRANSFER

    Revenue

    $44,559,000

    EMPLOYEE CONTRIBUTIONS

    Revenue

    $26,116,232

    Organization Details

    Founding Year

    2001

    Principal Officer

    Rick H Aide

    Main Address

    700 STATE STREET, RACINE, WI, 53404

    NTEE Category

    Code: Y40 - Mutual benefit

    If you are a representative of Cnh 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.