Komatsu Mining Corp Employer Pay-All Retiree Medical Savings Account Trust

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

EIN: 020788073 ✦ Milwaukee, WI ✦ Designated as a 501(c)(9)

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Overview

What is Komatsu Mining Corp Employer Pay-All Retiree Medical Savings Account Trust?

Komatsu Mining Corp Employer Pay-All Retiree Medical Savings Account Trust is a nonprofit entity established to provide specific welfare benefits exclusively for eligible employees of Komatsu Mining Corp. Located in Milwaukee, Wisconsin, this trust operates with a mission to ensure the well-being of Komatsu Mining Corp's retired employees by managing a medical savings account. The trust serves as a financial resource, providing crucial healthcare benefits to the eligible employees of the company.

Is Komatsu Mining Corp Employer Pay-All Retiree Medical Savings Account Trust legitimate?

Komatsu Mining Corp Employer Pay-All Retiree Medical Savings Account Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Komatsu Mining Corp Employer Pay-All Retiree Medical Savings Account 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: $37,851
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Komatsu Mining Corp Employer Pay-All Retiree Medical Savings Account Trust?

The Komatsu Mining Corp Employer Pay-All Retiree Medical Savings Account Trust is committed to providing certain welfare benefits exclusively for the eligible employees of Komatsu Mining Corp. This trust serves the purpose of offering retirement medical benefits to its eligible employees. By establishing this trust, Komatsu Mining Corp demonstrates its dedication to the well-being of its workforce, providing them with essential healthcare benefits during their retirement years.

Who is the CEO of Komatsu Mining Corp Employer Pay-All Retiree Medical Savings Account Trust?

Bmo Harris Bank Na is the Trustee of Komatsu Mining Corp Employer Pay-All Retiree Medical Savings Account Trust.

What is the revenue of Komatsu Mining Corp Employer Pay-All Retiree Medical Savings Account Trust?

Komatsu Mining Corp Employer Pay-All Retiree Medical Savings Account Trust's revenue in 2022 was $677,213.

Who are the executives of Komatsu Mining Corp Employer Pay-All Retiree Medical Savings Account Trust and what are their salaries?


There is 1 key member and their salary:


Bmo Harris Bank Na (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Komatsu Mining Corp Employer Pay-All Retiree Medical Savings Account Trust?

Komatsu Mining Corp Employer Pay-All Retiree Medical Savings Account Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Komatsu Mining Corp Employer Pay-All Retiree Medical Savings Account Trust

Komatsu Mining Corp Employer Pay-All Retiree Medical Savings Account Trust is committed to providing specific welfare benefits, exclusively for the eligible employees of Komatsu Mining Corp. The mission of this trust is centered around offering these benefits, ensuring the well-being of its employees in their retirement years. The trust serves as a retirement medical savings account, providing a financial safety net for the employees' healthcare needs during their post-employment phase. By doing so, Komatsu Mining Corp Employer Pay-All Retiree Medical Savings Account Trust contributes to the overall welfare and security of its employees, demonstrating a dedication to their well-being beyond their active employment.

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Impact




October, 2024

The Komatsu Mining Corp Employer Pay-All Retiree Medical Savings Account Trust significantly enhances the financial security of eligible employees by providing dedicated welfare benefits. By establishing a retirement medical savings account, the trust ensures that employees have access to necessary healthcare resources during their retirement years, addressing a critical need for medical expense coverage.

This program reflects a commitment to the well-being of employees, offering them peace of mind knowing that their medical expenses can be managed more effectively post-retirement. The trust fosters loyalty and morale among the workforce, as employees feel valued and supported in planning for their future healthcare needs. Overall, it serves as an important tool for enhancing the quality of life for retirees connected to Komatsu Mining Corp, making it a vital component of their employee benefits package.




This information is meant to be a general summary of Komatsu Mining Corp Employer Pay-All Retiree Medical Savings Account 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
$677,213 (2022)
Expenses
$776,607 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $542,061
  • Program Service Revenue: $135,152
  • Gross Receipts: $7,682,987

Assets and Liabilities:

  • Total Assets: $9,520,938
  • Total Liabilities: $0
  • Net Assets: $9,520,938

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Programs

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

CONTRIBUTIONS FROM SPONSOR FOR WE

Revenue

$135,152

Organization Details

Founding Year

2004

Principal Officer

Bmo Harris Bank Na

Main Address

PO BOX 554, MILWAUKEE, WI, 53201

NTEE Category

Code: Y43 - Mutual benefit

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