Kinder Morgan Employees' Benefit Trust

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

EIN: 954422978 ✦ Houston, TX ✦ Designated as a 501(c)(9)

Overview

What is Kinder Morgan Employees' Benefit Trust?

The Kinder Morgan Employees' Benefit Trust functions as a fraternal beneficiary society and voluntary employees association. Last year, they reported generating $19.9 million in revenues. Their primary mission is to extend health and other benefits to specific employees and retirees of Kinder Morgan, Inc.


Is Kinder Morgan Employees' Benefit Trust legitimate?

Kinder Morgan Employees' Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Kinder Morgan Employees' Benefit 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 Kinder Morgan Employees' Benefit Trust?
Who is the CEO of Kinder Morgan Employees' Benefit Trust?
What is the revenue of Kinder Morgan Employees' Benefit Trust?
Who are the executives of Kinder Morgan Employees' Benefit Trust and what are their salaries?
Where can I find the form 990 for Kinder Morgan Employees' Benefit Trust?

Mission Statement of Kinder Morgan Employees' Benefit Trust

Kinder Morgan Employees' Benefit Trust, a fraternal beneficiary society and voluntary employees association, dedicates itself to providing health and other essential benefits for certain employees and retirees of Kinder Morgan, Inc. In simple terms, this nonprofit organization serves the wellbeing of a select group of individuals by offering a range of beneficial services.

The Kinder Morgan Employees' Benefit Trust generates an impressive annual revenue of $19,885,527, allowing it to effectively fulfill its mission. By operating as a trusted and vital resource, the Trust ensures that eligible employees and retirees of Kinder Morgan, Inc. have access to essential benefits when they need them most. The organization's unwavering commitment to the wellbeing of its members is a testament to its importance within the Kinder Morgan community.

In practice, the Kinder Morgan Employees' Benefit Trust functions as a safety net for those who are part of the Kinder Morgan family. By offering health benefits, the Trust helps its members maintain their physical and emotional wellbeing, ensuring they can focus on their personal and professional growth. The organization's mission goes beyond just health coverage, as it also strives to provide a sense of security and peace of mind to its members. It serves as a reminder that even in the bustling corporate world of Kinder Morgan, there is a caring and compassionate entity that puts the needs of its employees first.

Impact

This information is meant to be a general summary of Kinder Morgan Employees' Benefit Trust. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Kinder Morgan Employees' Benefit Trust plays a crucial role in providing health and other benefits for certain employees and retirees of Kinder Morgan, Inc. This support contributes to the well-being and security of those individuals, ensuring they have access to essential services and assistance. The Trust's impact extends beyond just the financial aspect, as it plays a key role in promoting the overall welfare and satisfaction of Kinder Morgan's workforce.





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: $14,067,233
  • Program Service Revenue: $10,439,438
  • Gross Receipts: $29,221,644

    • Assets and Liabilities:
  • Total Assets: $258,635,014
  • Total Liabilities: $109,364
  • Net Assets: $258,525,650
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $8,727,211

    RETIREE CONTRIBUTIONS

    Revenue

    $1,712,227

    Organization Details

    Founding Year

    1992

    Principal Officer

    Same As C Above

    Main Address

    1001 LOUISIANA STREET SUITE 1000, HOUSTON, TX, 77002

    NTEE Category

    Code: Y40 - Mutual benefit

    If you are a representative of Kinder Morgan Employees' Benefit 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.