Jeol Usa Inc Voluntary Employees Benefit Plan Trust

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

EIN: 042790522 ✦ Peabody, MA ✦ Designated as a 501(c)(9)

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Overview

What is Jeol Usa Inc Voluntary Employees Benefit Plan Trust?

Jeol Usa Inc Voluntary Employees Benefit Plan Trust is a charitable organization situated in Peabody, Massachusetts. Its primary mission is to provide comprehensive medical and dental benefits to the employees of Jeol USA Inc. The trust serves as a means to ensure the well-being of its participants by offering various health-related benefits. The trust's activities include providing medical and dental coverage for all employees of Jeol USA Inc, thereby contributing to their overall health and wellness.

Is Jeol Usa Inc Voluntary Employees Benefit Plan Trust legitimate?

Jeol Usa Inc Voluntary Employees Benefit Plan Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Jeol Usa Inc Voluntary Employees Benefit 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 tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $4,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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What is the mission statement of Jeol Usa Inc Voluntary Employees Benefit Plan Trust?

The Jeol Usa Inc Voluntary Employees Benefit Plan Trust is committed to providing medical, dental, and other benefits for all employees of Jeol USA, Inc. Its mission is to ensure that participants of the Jeol USA, Inc Voluntary Employee Benefit Association have access to these essential health benefits. The trust aims to enhance the well-being of its beneficiaries by offering comprehensive healthcare plans. It serves as a vital resource for Jeol USA, Inc employees, providing them with the necessary medical and dental coverage to maintain their health and wellness. The trust's activities are centered around offering and administering these benefits for the benefit of Jeol USA, Inc employees.

Who is the CEO of Jeol Usa Inc Voluntary Employees Benefit Plan Trust?

Kazuhito Yokota is the Trustee of Jeol Usa Inc Voluntary Employees Benefit Plan Trust.

What is the revenue of Jeol Usa Inc Voluntary Employees Benefit Plan Trust?

Jeol Usa Inc Voluntary Employees Benefit Plan Trust's revenue in 2022 was $4,838,408.

Who are the executives of Jeol Usa Inc Voluntary Employees Benefit Plan Trust and what are their salaries?


There is 1 key member and their salary:


Bank Of America (Trustee)
  • Compensation: $4,000
  • Related: $0
  • Other: $0
Where can I find the form 990 for Jeol Usa Inc Voluntary Employees Benefit Plan Trust?

Jeol Usa Inc Voluntary Employees Benefit Plan Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Jeol Usa Inc Voluntary Employees Benefit Plan Trust

Jeol Usa Inc Voluntary Employees Benefit Plan Trust is dedicated to providing a range of medical and dental benefits for all employees of Jeol USA, Inc. In essence, this trust serves as a means to ensure that the participants of Jeol USA, Inc's Voluntary Employee Benefit Association have access to necessary healthcare services. The mission of Jeol Usa Inc Voluntary Employees Benefit Plan Trust is to prioritize the well-being of its beneficiaries by offering them comprehensive medical and dental coverage.

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Impact




October, 2024

Jeol USA Inc Voluntary Employees Benefit Plan Trust significantly impacts its participants by offering essential medical and dental benefits. By providing these benefits, the trust enhances the overall well-being of employees at Jeol USA, Inc., ensuring they have access to necessary healthcare services. This support not only promotes healthier lifestyles among employees but also boosts employee morale and satisfaction, ultimately contributing to a more productive work environment. Additionally, the trust fosters a sense of mutual benefit among participants by creating a safety net that addresses healthcare needs while strengthening community ties within the organization.




This information is meant to be a general summary of Jeol Usa Inc Voluntary Employees Benefit Plan 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
$4,838,408 (2022)
Expenses
$5,919,342 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $272
  • Program Service Revenue: $4,838,136
  • Gross Receipts: $4,838,408

Assets and Liabilities:

  • Total Assets: $1,948,079
  • Total Liabilities: $0
  • Net Assets: $1,948,079

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Programs

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

CONTRIBUTIONS-EMPLOYER

Revenue

$4,405,805

CONTRIBUTIONS-PARTICIP

Revenue

$432,331

Organization Details

Founding Year

1983

Principal Officer

Kazuhito Yokota

Main Address

11 DEARBORN ROAD, PEABODY, MA, 01960

NTEE Category

Code: Y20 - Mutual benefit

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