Union Workers Benefits Trust

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

EIN: 010501407 ✦ Bath, ME ✦ Designated as a 501(c)(9)

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Overview

What is Union Workers Benefits Trust?

Union Workers Benefits Trust is a nonprofit organization situated in Bath, Maine. Their primary focus is to offer dental, supplemental accident and sickness, and long-term disability insurance benefits to eligible members. By providing these insurance benefits, the Trust aims to support its members financially during challenging health situations. This organization's mission is centered around enhancing the well-being and financial security of its eligible members, ensuring they receive adequate coverage during difficult times.

Is Union Workers Benefits Trust legitimate?

Union Workers Benefits Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Union Workers Benefits 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 tax deductible.


Heare 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 Union Workers Benefits Trust?

Union Workers Benefits Trust is committed to providing insurance benefits to eligible members. This organization offers dental, supplemental accident and sickness, as well as long-term disability insurance benefits to its eligible members. The mission of Union Workers Benefits Trust is centered around ensuring the financial security and well-being of its members by providing essential insurance coverage. This organization serves as a safety net, offering protection against unforeseen medical expenses, accidents, and long-term disabilities. By doing so, Union Workers Benefits Trust empowers its members to focus on their health and livelihoods with peace of mind.

Who is the CEO of Union Workers Benefits Trust?

Glenn Burroughs is the Chairman of Union Workers Benefits Trust.

What is the revenue of Union Workers Benefits Trust?

Union Workers Benefits Trust's revenue in 2022 was $5,593,355.

Who are the executives of Union Workers Benefits Trust and what are their salaries?


Here are 7 key members and their salaries:


Glenn Burroughs (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danny Loudermilk (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trent Vellella (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donyule Rector (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Goodwin-Chubbuck (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allyce Pepin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lorraine Beaulieu (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Union Workers Benefits Trust?

Union Workers Benefits Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Union Workers Benefits Trust

Union Workers Benefits Trust is an organization dedicated to providing insurance benefits to eligible members. Their primary mission, as stated, is to offer dental, supplemental accident and sickness, and long-term disability insurance benefits to those who meet the eligibility criteria. This nonprofit is committed to safeguarding the health and financial well-being of its members by offering these essential insurance benefits. By providing these benefits, Union Workers Benefits Trust aims to offer peace of mind and security to its members, ensuring they can face unexpected health challenges or financial setbacks with confidence.

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Impact




October, 2024

Union Workers Benefits Trust significantly impacts its community by providing essential insurance benefits to eligible members. By offering a range of coverage, including dental, supplemental accident and sickness, and long-term disability insurance, it ensures that members have vital support in times of need. This comprehensive benefits package helps to protect the health and financial well-being of workers and their families, fostering a sense of security and stability. Located in Bath, ME, the trust plays a crucial role in enhancing the quality of life for workers, reinforcing the importance of mutual benefit within the labor community.




This information is meant to be a general summary of Union Workers Benefits Trust. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$5,593,355 (2022)
Expenses
$5,597,556 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $40,704
  • Program Service Revenue: $5,552,651
  • Gross Receipts: $5,651,912

Assets and Liabilities:

  • Total Assets: $2,127,206
  • Total Liabilities: $857,825
  • Net Assets: $1,269,381

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Programs

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

PARTICIPANTS CONTRIBUTIONS

Revenue

$5,552,651

Organization Details

Founding Year

1995

Principal Officer

Glenn Burroughs

Main Address

722 WASHINGTON STREET, BATH, ME, 04530

NTEE Category

Code: Y40 - Mutual benefit

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