Overview
What is Supercon Incorporated Voluntary Employee Benefit Trust?
Supercon Incorporated Voluntary Employee Benefit Trust is a nonprofit organization situated in Shrewsbury, Massachusetts. Its primary purpose is to offer various benefits, such as health, disability, and life insurance, to its eligible employees, their dependents, or designated beneficiaries. The trust aims to provide vacation, holiday, sick time, and other similar perks, as stated in its mission description. In essence, it serves to support and enhance the well-being of Supercon Incorporated's employees by administering and managing these benefits.
Is Supercon Incorporated Voluntary Employee Benefit Trust legitimate?
Supercon Incorporated Voluntary Employee Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Supercon Incorporated Voluntary Employee Benefit 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
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What is the mission statement of Supercon Incorporated Voluntary Employee Benefit Trust?
The Supercon Incorporated Voluntary Employee Benefit Trust's mission is centered around providing and managing benefits for eligible employees of Supercon Incorporated. This extends to the eligible dependents of the employees as well. The trust's activities include facilitating the payment of health, disability, life insurance, vacation, holiday, sick time, and other similar benefits for its participants, their dependents, or designated beneficiaries. In essence, the trust's role is to enhance the well-being and financial security of its participants by administering a comprehensive range of employee benefits.
Who is the CEO of Supercon Incorporated Voluntary Employee Benefit Trust?
Michael Reilly is the Trustee of Supercon Incorporated Voluntary Employee Benefit Trust.
What is the revenue of Supercon Incorporated Voluntary Employee Benefit Trust?
Supercon Incorporated Voluntary Employee Benefit Trust's revenue in 2022 was $1,350,180.
Who are the executives of Supercon Incorporated Voluntary Employee Benefit Trust and what are their salaries?
Here are 2 key members and their salaries:
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Where can I find the form 990 for Supercon Incorporated Voluntary Employee Benefit Trust?
Supercon Incorporated Voluntary Employee Benefit Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Supercon Incorporated Voluntary Employee Benefit Trust
Supercon Incorporated Voluntary Employee Benefit Trust is an organization dedicated to providing and managing benefits for eligible employees of Supercon Incorporated. Its mission, in simpler terms, is to ensure the well-being of its participants and their dependents or designated beneficiaries by offering various benefits such as health, disability, life insurance, vacation, holiday, sick time, and similar perks. This trust serves as a safety net, providing financial support and resources during challenging times, enhancing the overall quality of life for its participants. The trust's primary objective is to administer these benefits effectively, ensuring that eligible employees of Supercon Incorporated can enjoy peace of mind, knowing that they have access to crucial resources during times of need.
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Impact
October, 2024
Supercon Incorporated Voluntary Employee Benefit Trust plays a significant role in enhancing the welfare of eligible employees and their families. By providing a structured framework for health benefits, disability coverage, life insurance, vacation, holiday, and sick leave, the trust ensures that employees have access to essential support that contributes to their overall well-being.
This initiative helps to create a more secure working environment, promoting job satisfaction and employee loyalty. The availability of these benefits not only aids in retaining talent but also attracts new employees who value comprehensive benefits as part of their employment package. Additionally, by covering dependents or designated beneficiaries, the trust extends its support to families, fostering a sense of security that positively impacts both employee performance and workplace morale.
Overall, the trust's commitment to administering these benefits underscores its crucial role in the employment landscape, enhancing both individual and organizational stability.
This information is meant to be a general summary of Supercon Incorporated Voluntary Employee Benefit 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.
- Program Service Revenue: $1,350,180
- Gross Receipts: $1,350,180
Assets and Liabilities:
- Total Assets: $1,099,583
- Total Liabilities: $175,147
- Net Assets: $924,436
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$1,243,590
EMPLOYEE CONTRIBUTIONS
Revenue
$106,590
Organization Details
Founding Year
1999
Phone
(508) 842-0174Principal Officer
Michael Reilly
Main Address
830 BOSTON TURNPIKE, SHREWSBURY, MA, 01545
NTEE Category
Code: J19 - Employment
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