Co-Op Health And Welfare Plan & Trust

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

EIN: 621216426 ✦ Lavergne, TN ✦ Designated as a 501(c)(9)

Overview

What is Co-Op Health And Welfare Plan & Trust?

Co-Op Health and Welfare Plan & Trust is a nonprofit organization based in Tennessee, specifically at PO Box 3013, Lavergne, 37086. Their main objective is to offer health, life, and disability insurance to employees of Farmer Cooperatives in Tennessee. They extend this benefit to eligible employees of Tennessee Farmers Cooperative, subsidiaries, and participating member cooperatives. Through this provision, employees are protected against significant medical expenses with certain co-pays.


Is Co-Op Health And Welfare Plan & Trust legitimate?

Co-Op Health And Welfare Plan & Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Co-Op Health And Welfare 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 Co-Op Health And Welfare Plan & Trust?
What is the revenue of Co-Op Health And Welfare Plan & Trust?
Who are the executives of Co-Op Health And Welfare Plan & Trust and what are their salaries?
Where can I find the form 990 for Co-Op Health And Welfare Plan & Trust?

Mission Statement of Co-Op Health And Welfare Plan & Trust

Co-Op Health and Welfare Plan & Trust is a dedicated organization that focuses on offering health, life, and disability insurance to employees of Farmer Cooperatives based in Tennessee. The primary objective of this nonprofit is to extend benefits to eligible employees of Tennessee Farmers Cooperative, subsidiaries, and participating member cooperatives. By providing these essential insurance services, the organization shields employees from substantial medical expenses.

The Co-Op Health and Welfare Plan & Trust takes pride in its mission to safeguard the health and wellbeing of its members. With a strong commitment to the cooperative, it ensures that employees have access to individual and family coverage, complete with reasonable co-pays to mitigate the financial burden of major medical costs. The organization's insurance offerings serve as a vital safety net for Tennessee farmers and their families, enabling them to focus on their livelihoods while having peace of mind concerning their health.

In summary, Co-Op Health and Welfare Plan & Trust is a nonprofit organization that provides indispensable health, life, and disability insurance to employees of Farmer Cooperatives within the State of Tennessee. Through its efforts, the organization offers eligible employees and their families the financial security they need to face significant medical expenses, ensuring they can focus on their personal and professional pursuits.

Impact

This information is meant to be a general summary of Co-Op Health And Welfare 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 Co-Op Health And Welfare Plan & Trust impact is significant in providing essential health, life, and disability insurance coverage to employees of Farmer COOPS in the State of Tennessee. This ensures that eligible employees of Tennessee FARMERS COOP, subsidiaries, and participating member COOPS are protected against major medical expenses. By offering individual and family coverage with specific co-pays, the organization plays a crucial role in safeguarding the well-being and financial security of workers in the agricultural sector.





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: $-691,254
  • Program Service Revenue: $22,013,790
  • Gross Receipts: $34,529,732

    • Assets and Liabilities:
  • Total Assets: $16,259,334
  • Total Liabilities: $3,456,528
  • Net Assets: $12,802,806
  • Programs

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

    EMPLOYER AND PARTICIPANT CONTRIBUTIONS

    Revenue

    $22,013,790

    Organization Details

    Founding Year

    1984

    Main Address

    PO Box 3003, Lavergne, TN, 37086

    NTEE Category

    Code: Y40 - Mutual benefit

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