Farm Credit Foundations Welfare Benefits Trust

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

EIN: 486173114 ✦ St paul, MN ✦ Designated as a 501(c)(9)

Overview

What is Farm Credit Foundations Welfare Benefits Trust?

The Farm Credit Foundations Welfare Benefits Trust is a nonprofit organization dedicated to offering essential benefits to its members. Through collective contributions from employees and employers, the Trust provides funding for a comprehensive range of benefits, including medical, dental, accidental death and dismemberment, life insurance, flexible spending, vision, and long-term disability coverage. The primary mission of the Trust is to ensure the wellbeing of its members by providing these essential employee benefits.


Is Farm Credit Foundations Welfare Benefits Trust legitimate?

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

Mission Statement of Farm Credit Foundations Welfare Benefits Trust

Farm Credit Foundations Welfare Benefits Trust is a nonprofit organization that prioritizes the well-being of its members by offering a comprehensive range of employee benefits. The Trust's mission is to provide medical, dental, accident and disability, life, flex, vision, and long-term disability benefits to its members. The funding for these benefits comes from the regular contributions made by employees and employers, ensuring the sustainability of this vital program.

The organization's primary goal is to enhance the quality of life for its members by offering them access to essential health and wellness services. Farm Credit Foundations Welfare Benefits Trust is dedicated to providing its members with peace of mind, knowing they are supported with a robust benefits package during times of need. By offering these benefits, the Trust enables its members to focus on their personal and professional growth, free from the burden of worrying about their health and financial security.

The Trust's commitment to its members extends beyond just providing benefits. It strives to create a sense of community and support, pooling resources together to ensure that each member receives the care and coverage they need. With a strong focus on employee well-being, Farm Credit Foundations Welfare Benefits Trust stands as a beacon of security and stability for its members, empowering them to live their lives to the fullest.

Impact

This information is meant to be a general summary of Farm Credit Foundations Welfare Benefits Trust. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Farm Credit Foundations Welfare Benefits Trust provides essential medical, dental, AD&D, life, flexible spending accounts, vision, and long-term disability benefits to its members. Through the collection of contributions from employees and employers, the organization ensures that its members have access to crucial healthcare coverage and financial protection in case of unexpected circumstances. By offering these comprehensive benefits, Farm Credit Foundations Welfare Benefits Trust plays a vital role in supporting the well-being and security of its members, enabling them to focus on their work without worrying about healthcare costs or unforeseen financial challenges.





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: $556,310
  • Program Service Revenue: $189,888,328
  • Gross Receipts: $190,444,638

    • Assets and Liabilities:
  • Total Assets: $25,396,278
  • Total Liabilities: $17,113,564
  • Net Assets: $8,282,714
  • Programs

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

    EMPLOYEE/ER CONTRIBUTIONS

    Revenue

    $180,933,474

    EMPLOYER/EEINS PREMIUMS

    Revenue

    $8,954,854

    Organization Details

    Founding Year

    1990

    Principal Officer

    Teresa Heath-Alva

    Main Address

    30 E 7TH STREET 3000, ST PAUL, MN, 55101

    NTEE Category

    Code: Y40 - Mutual benefit

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