Container Royalty Supplemental Cash Benefit Plan

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

EIN: 570551096 ✦ Charleston, SC ✦ Designated as a 501(c)(5)

Overview

What is Container Royalty Supplemental Cash Benefit Plan?

The Container Royalty Supplemental Cash Benefit Plan is a nonprofit organization based in Charleston, South Carolina. Its primary objective is to distribute supplemental cash benefits to eligible participants, funded by container royalties from employers, primarily based on the handling of containers. The plan aims to enhance the financial well-being of its participants by providing them with additional cash benefits. The organization has a workforce of 1033 individuals dedicated to carrying out its mission.


Is Container Royalty Supplemental Cash Benefit Plan legitimate?

Container Royalty Supplemental Cash Benefit Plan is a legitimate nonprofit organization registered as a 501(c)(5) entity. Container Royalty Supplemental Cash Benefit Plan 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: $189,856

For more financial information, click here


What is the mission statement of Container Royalty Supplemental Cash Benefit Plan?
What is the revenue of Container Royalty Supplemental Cash Benefit Plan?
Who are the executives of Container Royalty Supplemental Cash Benefit Plan and what are their salaries?
Where can I find the form 990 for Container Royalty Supplemental Cash Benefit Plan?

Mission Statement of Container Royalty Supplemental Cash Benefit Plan

The Container Royalty Supplemental Cash Benefit Plan is a unique initiative that aims to provide supplemental cash benefits to eligible participants. This program is funded through container royalties contributed by employers, primarily based on the handling of containers.

At its core, the Container Royalty Supplemental Cash Benefit Plan serves to enhance the financial well-being of eligible individuals. The source of funding, derived from container royalties, sets this plan apart from traditional welfare programs. The handling of containers forms the basis for the financial contribution to the plan, making it a distinctive approach to providing cash benefits.

The mission of the Container Royalty Supplemental Cash Benefit Plan is twofold. First and foremost, it aims to provide financial assistance to eligible participants. This assistance can be invaluable in helping individuals meet their daily needs and improve their overall financial situation. Second, the program contributes to the economic system by encouraging employers to participate in the plan through their container handling activities. This results in a mutually beneficial arrangement, with the program providing financial support to individuals while also generating revenue through container royalties.

In summary, the Container Royalty Supplemental Cash Benefit Plan is an innovative initiative that provides supplemental cash benefits to eligible participants. The funding for the program comes from container royalties contributed by employers based on their handling of containers. By offering financial assistance to individuals and generating revenue through container royalties, the Container Royalty Supplemental Cash Benefit Plan plays a crucial role in supporting the financial well-being of its participants and contributing to the economic system.

Impact

This information is meant to be a general summary of Container Royalty Supplemental Cash Benefit Plan. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The Container Royalty Supplemental Cash Benefit Plan directly impacts eligible participants by providing them with supplemental cash benefits. These benefits are funded by container royalties collected from employers, typically based on the handling of containers. This plan aims to offer financial assistance to individuals who qualify, potentially improving their financial well-being and quality of life.





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: $11,362
  • Program Service Revenue: $39,733,497
  • Gross Receipts: $39,744,859

    • Assets and Liabilities:
  • Total Assets: $25,129,094
  • Total Liabilities: $25,129,094
  • Net Assets: $0
  • Programs

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

    CARRIERS CONTRIBUTIONS

    Revenue

    $32,719,447

    CONTRIB REIMB FROM CRCCF

    Revenue

    $7,014,050

    Organization Details

    Founding Year

    2014

    Main Address

    899 MORRISON DRIVE PO BOX 21889, CHARLESTON, SC, 29413

    NTEE Category

    Code: T00 - Philanthropy

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