Overview
What is John Hancock Marketing Representative Welfare Trust?
The John Hancock Marketing Representative Welfare Trust is a nonprofit trust established to manage the self-insured benefits of certain John Hancock Life Insurance Co employees, their dependents, and retirees. By operating as a voluntary employee's beneficiary association trust, the organization aims to fund and administer these benefits, ensuring financial support for those eligible.
Is John Hancock Marketing Representative Welfare Trust legitimate?
John Hancock Marketing Representative Welfare Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. John Hancock Marketing Representative Welfare 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 John Hancock Marketing Representative Welfare Trust?
The John Hancock Marketing Representative Welfare Trust functions as a self-insured benefits fund for certain employees, dependents, and retirees of John Hancock Life Insurance Co. The trust's primary objective is to manage and distribute these benefits, ensuring financial support for those eligible. The trust's activities are focused on providing essential benefits to its members, fostering their overall well-being and financial security. It serves as a crucial safety net for its beneficiaries, offering them peace of mind and stability in times of need. Additionally, the trust may collaborate with relevant organizations or experts to expand the scope and effectiveness of its services, enhancing the lives of those it serves.
Who is the CEO of John Hancock Marketing Representative Welfare Trust?
George Mccarthy is the Trustee of John Hancock Marketing Representative Welfare Trust.
What is the revenue of John Hancock Marketing Representative Welfare Trust?
John Hancock Marketing Representative Welfare Trust's revenue in 2022 was $12,338,037.
Who are the executives of John Hancock Marketing Representative Welfare Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for John Hancock Marketing Representative Welfare Trust?
John Hancock Marketing Representative Welfare Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of John Hancock Marketing Representative Welfare Trust
The John Hancock Marketing Representative Welfare Trust is a voluntary employee's beneficiary association trust that plays a significant role in funding and managing the self-insured benefits for specific employees, dependents, and retirees of John Hancock Life Insurance Co. Established as a trust, its mission is to provide essential support to the designated beneficiaries of John Hancock Life Insurance Co.
The trust functions as a safety net for eligible individuals, ensuring they have access to vital benefits that may not be covered by other insurance plans. By self-insuring, the trust is able to tailor the benefits to the unique needs of its beneficiaries, providing them with financial security and peace of mind.
In summary, the John Hancock Marketing Representative Welfare Trust serves as a crucial provider of self-insured benefits for specified employees, dependents, and retirees of John Hancock Life Insurance Co. Its mission is to offer essential financial assistance, enhancing the overall well-being of those it serves.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The John Hancock Marketing Representative Welfare Trust significantly impacts the lives of specific employees, dependents, and retirees of John Hancock Life Insurance Co. By providing self-insured benefits through a voluntary employee's beneficiary association trust, it ensures that members receive essential support during challenging times. This trust helps alleviate financial burdens related to healthcare and other necessary services, fostering a sense of security and community among members. Its focus on mutual benefit strengthens the connection between the company and its workforce, enhancing overall employee well-being and morale. Such initiatives are crucial in promoting a supportive workplace environment and contributing to the long-term retention and satisfaction of employees and their families.
This information is meant to be a general summary of John Hancock Marketing Representative Welfare 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: $12,338,037
- Gross Receipts: $12,338,037
Assets and Liabilities:
- Total Assets: $208,775,040
- Total Liabilities: $27,313,680
- Net Assets: $181,461,360
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1991
Phone
(617) 572-0733Principal Officer
George Mccarthy
Main Address
200 BERKELEY STREET C-5, BOSTON, MA, 02116
NTEE Category
Code: Y43 - Mutual benefit
If you are a representative of John Hancock Marketing Representative Welfare 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.