W G Yates & Sons Construction Co Medical Benefits Plan Trust

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

EIN: 582048957 ✦ Philadelphia, MS ✦ Designated as a 501(c)(9)

Overview

What is W G Yates & Sons Construction Co Medical Benefits Plan Trust?

W. G. Yates & Sons Construction Co Medical Benefits Plan Trust is a philanthropic organization based in Philadelphia, Mississippi. The trust's primary role is to manage and invest assets for the medical benefits plan, which extends medical coverage to the employees of W. G. Yates & Sons Construction Company and its affiliated organizations. By holding and growing the trust's assets, this nonprofit ensures the financial sustainability of the medical benefits program, securing access to essential healthcare services for the workforce.


Is W G Yates & Sons Construction Co Medical Benefits Plan Trust legitimate?

W G Yates & Sons Construction Co Medical Benefits Plan Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. W G Yates & Sons Construction Co Medical Benefits Plan 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 W G Yates & Sons Construction Co Medical Benefits Plan Trust?
Who is the CEO of W G Yates & Sons Construction Co Medical Benefits Plan Trust?
What is the revenue of W G Yates & Sons Construction Co Medical Benefits Plan Trust?
Who are the executives of W G Yates & Sons Construction Co Medical Benefits Plan Trust and what are their salaries?
Where can I find the form 990 for W G Yates & Sons Construction Co Medical Benefits Plan Trust?

Mission Statement of W G Yates & Sons Construction Co Medical Benefits Plan Trust

W. G. Yates & Sons Construction Co Medical Benefits Plan Trust is a trust that holds and invests assets for the medical benefit plan that caters to the employees of W. G. Yates & Sons Construction Company and its affiliated companies. In simpler terms, this trust serves as a financial foundation for the medical benefits program that secures healthcare coverage for the workforce of W. G. Yates & Sons Construction Company and related enterprises. The trust's primary objective is to ensure the wellbeing of the employees by managing their medical benefits.

Impact

This information is meant to be a general summary of W G Yates & Sons Construction Co Medical Benefits Plan Trust. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The impact of W G Yates & Sons Construction Co Medical Benefits Plan Trust is significant as it plays a crucial role in providing medical benefits for the employees of W. G. Yates & Sons Construction Company and its affiliated companies. By holding and investing assets for the medical benefits plan, the Trust ensures that employees have access to necessary healthcare services and support. This ensures the well-being and health of the company's workforce, contributing to a positive work environment and employee satisfaction.





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: $5,132
  • Program Service Revenue: $14,588,736
  • Gross Receipts: $14,593,868

    • Assets and Liabilities:
  • Total Assets: $539,237
  • Total Liabilities: $512,010
  • Net Assets: $27,227
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $7,206,629

    PARTICIPANT CONTRIBUTIONS

    Revenue

    $7,188,648

    REINSURANCE BENEFITS

    Revenue

    $147,918

    COBRA

    Revenue

    $45,541

    Organization Details

    Founding Year

    1992

    Principal Officer

    William G Yates Jr

    Main Address

    PO BOX 456, PHILADELPHIA, MS, 393500456

    NTEE Category

    Code: Y40 - Mutual benefit

    If you are a representative of W G Yates & Sons Construction Co Medical Benefits Plan 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.