Overview
What is New England Automobile Dealers Insurance Trust?
New England Automobile Dealers Insurance Trust is a nonprofit organization based in East Bridgwater, Massachusetts. Their primary focus is to provide group insurance administration services for employees of participating automobile dealers in the New England region. Specifically, they administer disability, dental, and life insurance plans, ensuring that dealerships have comprehensive coverage for their workforce. With a single employee, the Trust is dedicated to serving its members effectively and ensuring their employees receive necessary insurance benefits.
Official website here: www.neadinsurancetrust.org
Is New England Automobile Dealers Insurance Trust legitimate?
New England Automobile Dealers Insurance Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. New England Automobile Dealers Insurance 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: $44,959
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,732
For more financial information, click here
Official website here: www.neadinsurancetrust.org
What is the mission statement of New England Automobile Dealers Insurance Trust?
The New England Automobile Dealers Insurance Trust's mission is centered around providing insurance administration services to its members. Specifically, the trust currently manages disability, dental, and life insurance plans for automobile dealers across the region. Their primary activity involves the placement and administration of group insurance for the employees of participating dealerships.
Official website here: www.neadinsurancetrust.org
Who is the CEO of New England Automobile Dealers Insurance Trust?
Charles A Muise is the General Managing Trustee of New England Automobile Dealers Insurance Trust.
Official website here: www.neadinsurancetrust.org
What is the revenue of New England Automobile Dealers Insurance Trust?
New England Automobile Dealers Insurance Trust's revenue in 2022 was $2,180,158.
Official website here: www.neadinsurancetrust.org
Who are the executives of New England Automobile Dealers Insurance Trust and what are their salaries?
The average compensation at New England Automobile Dealers Insurance Trust during 2022 was $52,691. There is 1 employee at New England Automobile Dealers Insurance Trust.
Here are 5 key members and their salaries:
- Compensation: $44,959
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.neadinsurancetrust.org
Where can I find the form 990 for New England Automobile Dealers Insurance Trust?
New England Automobile Dealers Insurance Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.neadinsurancetrust.org
Learn more at the official website: www.neadinsurancetrust.org
Mission Statement of New England Automobile Dealers Insurance Trust
New England Automobile Dealers Insurance Trust, abbreviated as NEAD, is committed to providing insurance administration services to its members. Their primary mission involves administering disability, dental, and life plans for automobile dealers spread across New England. In simpler terms, NEAD plays a significant role in managing group insurance plans for the employees of participating dealerships in the New England region.
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Impact
October, 2024
New England Automobile Dealers Insurance Trust plays a significant role in supporting the automotive industry by facilitating access to essential insurance services for its members. The organization specializes in the placement and administration of group insurance, specifically catering to the employees of participating automobile dealers across New England.
By managing a diverse range of insurance plans, including disability, dental, and life insurance, the Trust enhances employee benefits for dealers, contributing to their overall financial security and well-being. This support not only helps businesses attract and retain talent but also strengthens the automotive community as a whole. Furthermore, the Trust’s ability to pool resources allows its members to leverage better coverage options at favorable rates, leading to cost savings and improved operational efficiency for participating dealers.
This information is meant to be a general summary of New England Automobile Dealers Insurance 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $20,226
- Program Service Revenue: $2,159,932
- Gross Receipts: $2,199,269
Assets and Liabilities:
- Total Assets: $326,143
- Total Liabilities: $237,119
- Net Assets: $89,024
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INSURANCE PREMIUMS
Revenue
$2,159,932
Organization Details
Founding Year
1951
Phone
(781) 706-6944Principal Officer
Charles A Muise
Main Address
541 HARVARD STREET PO BOX 24, EAST BRIDGWATER, MA, 02333
Website
www.neadinsurancetrust.orgNTEE Category
Code: Y40 - Mutual benefit
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