General Dynamics Corporation Employee Benefit Welfare Trust

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

EIN: 431172728 ✦ Chicago, IL ✦ Designated as a 501(c)(9)

Overview

What is General Dynamics Corporation Employee Benefit Welfare Trust?

The General Dynamics Corporation Employee Benefit Welfare Trust is a charitable trust established to support the long-term disability needs of General Dynamics Corporation employees. Based in Chicago, Illinois, this nonprofit organization aims to provide essential benefits to employees in need. Through its programs, the Trust offers long-term disability benefits, ensuring financial assistance and security for those who face extended periods of incapacity. The Trust's mission is focused on enhancing the wellbeing of its employees during challenging times.


Is General Dynamics Corporation Employee Benefit Welfare Trust legitimate?

General Dynamics Corporation Employee Benefit Welfare Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. General Dynamics Corporation Employee Benefit Welfare 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: $14,631
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of General Dynamics Corporation Employee Benefit Welfare Trust?
Who is the CEO of General Dynamics Corporation Employee Benefit Welfare Trust?
What is the revenue of General Dynamics Corporation Employee Benefit Welfare Trust?
Who are the executives of General Dynamics Corporation Employee Benefit Welfare Trust and what are their salaries?
Where can I find the form 990 for General Dynamics Corporation Employee Benefit Welfare Trust?

Mission Statement of General Dynamics Corporation Employee Benefit Welfare Trust

The General Dynamics Corporation Employee Benefit Welfare Trust is a dedicated organization that focuses on delivering long-term disability benefits for its employees. Established with a clear mission, this trust goes above and beyond to ensure the financial security of its workforce in times of need. The Trust's primary program encompasses the provision of extensive long-term disability benefits, helping employees maintain their livelihoods when faced with disabilities that hinder their ability to work.

By offering these essential benefits, the General Dynamics Corporation Employee Benefit Welfare Trust plays a crucial role in providing a safety net for its employees. The Trust's commitment to the wellbeing of its workforce not only offers peace of mind but also enables them to focus on their recovery and rehabilitation, rather than worrying about their financial situation. The trust's unwavering dedication to its mission is testament to its commitment to the overall wellbeing of its employees.

In summary, the General Dynamics Corporation Employee Benefit Welfare Trust is a compassionate organization that puts the needs of its employees first. Through its mission to provide long-term disability benefits, the Trust offers a vital service that enables its workforce to weather the challenges of disability and financial hardship, empowering them to focus on their recovery and rebuilding their lives.

Impact

This information is meant to be a general summary of General Dynamics Corporation Employee Benefit Welfare Trust. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The General Dynamics Corporation Employee Benefit Welfare Trust's impact is focused on providing long-term disability benefits for its employees. This helps support the financial security and well-being of employees who may experience disabilities that prevent them from working. By offering these benefits, the Trust plays a crucial role in ensuring that employees are supported during difficult circumstances, enhancing their overall job satisfaction and quality of life. This initiative aligns with the Trust's mission of providing essential support and assistance to its employees in times of need.





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: $174,301
  • Program Service Revenue: $17,952,288
  • Gross Receipts: $18,126,589

    • Assets and Liabilities:
  • Total Assets: $9,937,715
  • Total Liabilities: $191,325
  • Net Assets: $9,746,390
  • Programs

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

    EMPLOYER CONTRIBUTION

    Revenue

    $9,619,394

    PARTICIPANT CONTRIBUTION

    Revenue

    $8,332,894

    Organization Details

    Founding Year

    1977

    Principal Officer

    Randall Miller

    Main Address

    C/O NORTHERN TRUST 50 S LASALLE ST, CHICAGO, IL, 60603

    NTEE Category

    Code: Y40 - Mutual benefit

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