Thompson Tractor Company Inc Employee Benefit Trust

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

EIN: 521585555 ✦ Birmingham, AL ✦ Designated as a 501(c)(9)

Overview

What is Thompson Tractor Company Inc Employee Benefit Trust?

The Thompson Tractor Company Employee Benefit Trust is a nonprofit organization dedicated to improving the wellbeing of its employees. Based on the provided information, this trust offers various benefits, including health coverage, accidental death and dismemberment insurance, and supplemental health reimbursements for medical and dental expenses to eligible employees. The organization's mission is centered around enhancing the welfare of its workforce, ensuring they have access to essential benefits and support when they need it most.


Is Thompson Tractor Company Inc Employee Benefit Trust legitimate?

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

Mission Statement of Thompson Tractor Company Inc Employee Benefit Trust

The Thompson Tractor Company Employee Benefit Trust is a dedicated entity focusing on enhancing the well-being of its eligible employees. By offering health benefits, accidental death and dismemberment coverage, and supplemental health benefits, the Trust aims to provide financial security and peace of mind to its workforce.

In more detail, the Trust extends health benefits to its employees, ensuring they can access essential medical services when needed. These benefits cover a spectrum of healthcare needs, from routine check-ups to more complex treatments. Furthermore, the Trust provides accidental death and dismemberment benefits as an added safety net for its employees. In the unfortunate event of a workplace accident resulting in death or injury, these benefits offer valuable financial support.

Lastly, the Trust offers supplemental health benefits in the form of reimbursement for medical and dental expenses. These benefits serve as a crucial safety net for employees, helping them cover out-of-pocket costs that may not be fully covered by their primary health insurance. By offering these comprehensive benefits, the Thompson Tractor Company Employee Benefit Trust not only prioritizes the health and well-being of its employees but also demonstrates a strong commitment to their overall well-being and job satisfaction.

Impact

This information is meant to be a general summary of Thompson Tractor Company Inc Employee Benefit Trust. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Thompson Tractor Company Inc Employee Benefit Trust's impact is significant in enhancing the welfare of its employees. Through providing health benefits, accidental death and dismemberment benefits, and supplemental health benefits in the form of reimbursement for medical and dental expenses, the trust plays a crucial role in ensuring the well-being of eligible employees. By offering these benefits, the trust contributes to the overall satisfaction, health, and security of the workforce, ultimately fostering a positive work environment and enhancing employee engagement.





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: $110,781
  • Program Service Revenue: $16,215,079
  • Gross Receipts: $16,325,860

    • Assets and Liabilities:
  • Total Assets: $6,849,887
  • Total Liabilities: $0
  • Net Assets: $6,849,887
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $9,447,222

    EMPLOYEE CONTRIBUTIONS

    Revenue

    $6,767,857

    Organization Details

    Founding Year

    1988

    Principal Officer

    Carol Diplacido

    Main Address

    POST OFFICE BOX 10367, BIRMINGHAM, AL, 35202

    NTEE Category

    Code: Y40 - Mutual benefit

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