Macy's Inc Welfare Benefits Trust

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

EIN: 510160964 ✦ Springdale, OH ✦ Designated as a 501(c)(9)

Overview

What is Macy's Inc Welfare Benefits Trust?

The Macy's Welfare Benefits Trust is a nonprofit organization based in Springdale, Ohio, serving as a fraternal beneficiary society and voluntary employees association. They focus on providing medical benefits to their members, acting as a crucial support system for those enrolled. By pursuing this mission, they contribute significantly to enhancing the health and wellbeing of their members.


Is Macy's Inc Welfare Benefits Trust legitimate?

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

Mission Statement of Macy's Inc Welfare Benefits Trust

The Macy's Welfare Benefits Trust, a fraternal beneficiary society and voluntary employees association, is dedicated to providing medical benefits for its valued members. This mission-driven organization exists to ensure the well-being of its members by shoulder-ing the financial burden of their healthcare needs. The Trust, located in Springdale, Ohio, prides itself on its unwavering commitment to delivering essential medical benefits to those it serves. By providing these benefits, the Trust enhances the quality of life for its members, allowing them to focus on their health and wellbeing rather than the financial stressors that often accompany medical care. The Trust's steadfast dedication to its members' medical needs is a testament to its strong commitment to promoting their overall well-being and peace of mind.

Impact

This information is meant to be a general summary of Macy's Inc 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

Macy's Inc Welfare Benefits Trust's impact is primarily focused on the payment of member medical benefits. As a fraternal beneficiary society and voluntary employees association, its mission is to provide benefits to or for its members by covering their medical expenses. This support helps ensure that members have access to the healthcare they need, contributing to their overall well-being and financial security. Located in Springdale, OH, the trust plays a crucial role in supporting the health and welfare of its members through the provision of essential medical benefits.





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 2023.

  • Investment Income: $282,205
  • Program Service Revenue: $74,053,515
  • Gross Receipts: $74,335,720

    • Assets and Liabilities:
  • Total Assets: $13,480,833
  • Total Liabilities: $0
  • Net Assets: $13,480,833
  • Programs

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

    EMPLOYEE CONTRIBUTIONS

    Revenue

    $74,053,515

    Organization Details

    Principal Officer

    Matthew Schroeder

    Main Address

    145 PROGRESS PLACE, SPRINGDALE, OH, 45246

    NTEE Category

    Code: Y40 - Mutual benefit

    If you are a representative of Macy's Inc Welfare Benefits 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.