Intel Corporation Short Term Disability Plan Trust

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

EIN: 942535992 ✦ Santa clara, CA ✦ Designated as a 501(c)(9)

Overview

What is Intel Corporation Short Term Disability Plan Trust?

The Intel Corporation Short Term Disability Plan Trust is a trust established by Intel Corporation to provide short-term disability benefits for its employees. Based in Santa Clara, California, this trust was initiated on May 1, 1977, for Intel's employees in Oregon and on October 1, 1977, for employees in all other United States locations except California, New Jersey, New York, and Rhode Island. As of January 1, 1983, employees in these three additional states have the option to supplement their coverage under state-mandated plans with the Intel trust. The trust aims to offer a degree of financial security during short-term disabilities, ensuring employees receive income protection when they need it most.


Official website here: www.intel.com

Is Intel Corporation Short Term Disability Plan Trust legitimate?

Intel Corporation Short Term Disability Plan Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Intel Corporation Short Term Disability 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


Official website here: www.intel.com

What is the mission statement of Intel Corporation Short Term Disability Plan Trust?

The Intel Corporation Short Term Disability Plan Trust offers income protection for employees during short-term disabilities. Established in 1977, the trust provides benefits for Intel employees in all United States locations, except for California, New Jersey, New York, and Rhode Island. As of 1983, employees in the last-mentioned states have the option to supplement coverage under state-mandated plans with the Intel trust. The primary objective of the trust is to ensure financial security for Intel employees facing temporary disabilities.


Official website here: www.intel.com

Who is the CEO of Intel Corporation Short Term Disability Plan Trust?

Sharon L Heck is the Company Trustee of Intel Corporation Short Term Disability Plan Trust.


Official website here: www.intel.com

What is the revenue of Intel Corporation Short Term Disability Plan Trust?

Intel Corporation Short Term Disability Plan Trust's revenue in 2020 was $22,029,560.


Official website here: www.intel.com

Who are the executives of Intel Corporation Short Term Disability Plan Trust and what are their salaries?

There is 1 key member and their salary:

    State Street Bank And Trust (Company Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.intel.com

    Where can I find the form 990 for Intel Corporation Short Term Disability Plan Trust?

    The Intel Corporation Short Term Disability Plan Trust’s most recent form 990 was submitted in 2020 and can be accessed here


    Official website here: www.intel.com

    Learn more at the official website: www.intel.com

    Mission Statement of Intel Corporation Short Term Disability Plan Trust

    The Intel Corporation Short Term Disability Plan Trust, a vital initiative established in 1977, offers income protection for employees during periods of short-term disabilities. This trust was initially designed to benefit Intel Corporation's employees in Oregon, and later expanded to include employees in other locations, excluding California, New Jersey, New York, and Rhode Island, on October 1, 1977. By January 1, 1983, employees in the aforementioned states were granted the opportunity to supplement coverage under state-mandated plans with the Intel Corporation Short Term Disability Plan Trust.

    In essence, the Intel Corporation Short Term Disability Plan Trust serves as a safety net for Intel employees, providing them with financial assistance when they are unable to work due to illness or injury. By offering short-term disability benefits, this trust enables employees to focus on their recovery rather than worrying about their financial situation. The mission of the Intel Corporation Short Term Disability Plan Trust is to ensure a degree of financial stability for its beneficiaries during challenging times, thereby fostering peace of mind and enabling them to return to work once they have recovered.

    Impact

    This information is meant to be a general summary of Intel Corporation Short Term Disability 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 the Intel Corporation Short Term Disability Plan Trust is primarily focused on providing a degree of income protection to Intel Corporation employees during short-term disabilities. Through this trust, employees are able to receive short term disability benefits, which can help alleviate financial burdens when they are unable to work due to a disability. This ensures that employees have some financial support in place during challenging times, which can contribute to their overall well-being and stability.





    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 2020.

  • Investment Income: $79,938
  • Program Service Revenue: $21,949,622
  • Gross Receipts: $22,029,560

    • Assets and Liabilities:
  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0
  • Programs

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

    EMPLOYER CONTRIBUTION

    Revenue

    $21,949,622

    Organization Details

    Founding Year

    1977

    Principal Officer

    Sharon L Heck

    Main Address

    2200 MISSION COLLEGE BLVD RNB 5-1, SANTA CLARA, CA, 95054

    NTEE Category

    Code: Y40 - Mutual benefit

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