Source International Corp Employee Benefits Trust

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

EIN: 043401853 ✦ Sutton, MA ✦ Designated as a 501(c)(9)

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Overview

What is Source International Corp Employee Benefits Trust?

Source International Corp Employee Benefits Trust is a nonprofit organization situated in Sutton, Massachusetts, specifically at 17 Gilmore Drive. Its primary objective is to offer and manage various benefits, including medical coverage, life insurance, and vacation/sick days, to eligible employees of Source International Corp. The trust aims to enhance the well-being and welfare of these employees by providing these essential benefits.

Is Source International Corp Employee Benefits Trust legitimate?

Source International Corp Employee Benefits Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Source International Corp Employee 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 Source International Corp Employee Benefits Trust?

The Source International Corp Employee Benefits Trust is committed to providing and managing benefits for eligible employees of Source International Corp. This includes funding for essential services such as life insurance, health insurance, and time off for vacation and sickness. The trust ensures the payment of medical expenses and other benefits to its participants, their dependents, or designated beneficiaries, serving as a crucial support system for the employees.

Who is the CEO of Source International Corp Employee Benefits Trust?

Eric Mueller is the Trustee of Source International Corp Employee Benefits Trust.

What is the revenue of Source International Corp Employee Benefits Trust?

Source International Corp Employee Benefits Trust's revenue in 2022 was $994,583.

Who are the executives of Source International Corp Employee Benefits Trust and what are their salaries?


Here are 2 key members and their salaries:


U Karl Mueller (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Mueller (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Source International Corp Employee Benefits Trust?

Source International Corp Employee Benefits Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Source International Corp Employee Benefits Trust

Source International Corp Employee Benefits Trust is dedicated to providing and managing various benefits for eligible employees of Source International Corp. Their mission encompasses offering funding for essential benefits such as life insurance, health insurance, and time off for vacation or sick days. This trust serves to ensure that eligible employees are supported with these vital benefits, thereby enhancing their overall well-being. The provision of the trust includes covering medical expenses and providing other benefits to its participants, their dependents, or designated beneficiaries, thereby safeguarding the financial and health security of the employees.

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Impact




October, 2024

Source International Corp Employee Benefits Trust plays a vital role in enhancing the well-being of eligible employees of Source International Corp by providing a comprehensive range of benefits. Its primary focus is to administer benefits that include medical expense coverage and life insurance, as well as financial support for personal time off, such as vacation and sick pay.

By ensuring access to health insurance and related benefits, the Trust not only alleviates financial burdens associated with medical expenses but also promotes overall employee morale and job satisfaction. These benefits contribute to a supportive work environment where employees feel valued and secure, ultimately enhancing productivity and retention.

In Sutton, MA, the Trust's mission to provide these essential benefits helps foster a culture of mutual support and well-being among employees and their families, ensuring that they can thrive both personally and professionally.




This information is meant to be a general summary of Source International Corp Employee 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
$994,583 (2022)
Expenses
$902,690 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $846
  • Program Service Revenue: $993,737
  • Gross Receipts: $994,583

Assets and Liabilities:

  • Total Assets: $744,397
  • Total Liabilities: $0
  • Net Assets: $744,397

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$836,000

PARTICIPANT CONTRIBUT

Revenue

$157,737

Organization Details

Founding Year

1997

Principal Officer

Eric Mueller

Main Address

17 GILMORE DRIVE, SUTTON, MA, 01590

NTEE Category

Code: Y43 - Mutual benefit

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