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.
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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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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?
- State Street Bank And Trust (Company Trustee)
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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2020.
- Assets and Liabilities:
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
Phone
(408) 765-8080
Principal Officer
Sharon L Heck
Main Address
2200 MISSION COLLEGE BLVD RNB 5-1, SANTA CLARA, CA, 95054
Website
www.intel.com
NTEE Category
Code: Y40 - Mutual benefit
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