3M Employees Welfare Benefits Association Trust I

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

EIN: 411294448 ✦ St paul, MN ✦ Designated as a 501(c)(9)

Overview

What is 3M Employees Welfare Benefits Association Trust I?

The 3M Employees Welfare Benefits Association Trust I is a nonprofit organization primarily dedicated to financing health care benefits for retired employees of 3M. Based in St. Paul, Minnesota, the trust provides essential health care services to this specific group. The organization's mission is focused on ensuring retired 3M employees have access to necessary health care benefits. There is no further information in the given data about additional programs, initiatives, or employee numbers.


Is 3M Employees Welfare Benefits Association Trust I legitimate?

3M Employees Welfare Benefits Association Trust I is a legitimate nonprofit organization registered as a 501(c)(9) entity. 3M Employees Welfare Benefits Association Trust I 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: $29,365
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of 3M Employees Welfare Benefits Association Trust I?
Who is the CEO of 3M Employees Welfare Benefits Association Trust I?
What is the revenue of 3M Employees Welfare Benefits Association Trust I?
Who are the executives of 3M Employees Welfare Benefits Association Trust I and what are their salaries?
Where can I find the form 990 for 3M Employees Welfare Benefits Association Trust I?

Mission Statement of 3M Employees Welfare Benefits Association Trust I

The 3M Employees Welfare Benefits Association Trust I plays a vital role in financing health care benefits for retired employees of 3M. This nonprofit organization is dedicated to ensuring the well-being of its beneficiaries by providing them with essential healthcare coverage.

In their mission to make a difference in the lives of retired 3M employees, the Trust faithfully finances healthcare benefits. By assuming this financial burden, they enable their members to access necessary medical services without undue financial strain. The Trust's commitment to the welfare of its members is unwavering, and its efforts are centered around delivering quality healthcare benefits.

Through its financial support, the 3M Employees Welfare Benefits Association Trust I enables retired employees to maintain their health and well-being. By assuming the responsibility of financing healthcare, the Trust provides peace of mind and security for its members, allowing them to focus on their health and recovery. With their financial backing, retired 3M employees can access essential medical services, enabling them to live their golden years with dignity and security.

Impact

This information is meant to be a general summary of 3M Employees Welfare Benefits Association Trust I. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The 3M Employees Welfare Benefits Association Trust I directly impacts retired 3M employees by providing financial support for their healthcare benefits. This assistance helps ensure that retirees have access to essential healthcare services, contributing to their well-being and quality of life. By offering this support, the trust plays a crucial role in promoting the welfare of retired 3M employees, allowing them to enjoy their retirement years with greater peace of mind and security.





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: $29,921,658
  • Program Service Revenue: $0
  • Gross Receipts: $29,921,658

    • Assets and Liabilities:
  • Total Assets: $284,178,091
  • Total Liabilities: $27,695,683
  • Net Assets: $256,482,408
  • Organization Details

    Founding Year

    1976

    Principal Officer

    The Bank Of New York Mell

    Main Address

    3M CENTER BUILDING 223-2W-33, ST PAUL, MN, 55144

    NTEE Category

    Code: Y43 - Mutual benefit

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