Overview
What is Wm Emergency Employee Support Fund?
The Wm Emergency Employee Support Fund is a charitable organization, specifically designed to offer financial aid to employees and their dependents of Waste Management, Inc. This fund provides necessary assistance during unforeseen financial crises, such as those resulting from natural disasters, family illnesses, or personal losses. In 2022, the fund offered aid to 100 employees facing these challenges. Its primary objective is to alleviate distress and provide temporary relief to individuals who have encountered financial hardships beyond their control.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67% (Two-Star out of Four Stars)
The Wm Emergency Employee Support Fund has received a rating of 67% from Charity Navigator, which results in a Two-Star designation. This score is primarily based on the charity's performance in the Accountability & Finance category, indicating that while there are positive aspects, there are areas that may require improvement to enhance overall effectiveness and transparency.
One of the notable strengths of this organization includes its fully independent board, comprised entirely of independent members, which reflects strong governance practices. Additionally, the charity has demonstrated excellent financial management, with a 0.00% liabilities to assets ratio and a 100% program expense ratio, suggesting that all funds are directed towards its mission without financial encumbrances.
However, the overall score could be improved, as it solely relies on the Accountability & Finance beacon. There are no indications of material diversion of assets, which is a positive aspect. Still, potential donors may want to consider this limited assessment and look for additional information regarding the charity's effectiveness and impact on its beneficiaries.
This AI summary has been generated from information found on Charity Navigator.
Is Wm Emergency Employee Support Fund legitimate?
Wm Emergency Employee Support Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wm Emergency Employee Support Fund 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 Wm Emergency Employee Support Fund?
The Wm Emergency Employee Support Fund is established to provide essential aid to individuals who have encountered financial hardship due to circumstances beyond their control or as a result of a disaster. Its mission is to offer temporary relief to those in distress, ensuring they can meet their basic living necessities. The fund provides financial assistance to employees and their dependents of Waste Management, Inc., offering aid during unforeseen financial difficulties caused by natural disasters, family illnesses, or personal losses throughout the year. In 2022, financial assistance was provided to 100 employees due to natural disasters and family illnesses/deaths.
Who is the CEO of Wm Emergency Employee Support Fund?
David L Reed is the Treasurer of Wm Emergency Employee Support Fund.
What is the revenue of Wm Emergency Employee Support Fund?
Wm Emergency Employee Support Fund's revenue in 2022 was $674,450.
Who are the executives of Wm Emergency Employee Support Fund and what are their salaries?
There 7 volunteers at Wm Emergency Employee Support Fund.
Here are 5 key members and their salaries:
- Compensation: $0
- 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
Where can I find the form 990 for Wm Emergency Employee Support Fund?
Wm Emergency Employee Support Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Wm Emergency Employee Support Fund
The Wm Emergency Employee Support Fund is a charitable organization that aims to provide essential necessities to individuals who have encountered financial hardship due to circumstances beyond their control, or offer temporary relief to those distressed due to a disaster. Its mission is to extend financial assistance to Waste Management, Inc.'s employees and their dependents, enabling them to meet basic living needs caused by unforeseen financial difficulties related to natural disasters, family illnesses, or other personal losses throughout the year. In 2022, the fund provided financial aid related to natural disasters and family illnesses or deaths to 100 employees.
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Impact
July, 2024
The Wm Emergency Employee Support Fund provides crucial financial assistance to Waste Management, Inc.'s employees and their dependents who are facing unforeseen financial hardships due to natural disasters, family illnesses, or other personal losses. In 2022, the fund supported 100 employees by distributing aid related to natural disasters and family illnesses/deaths, ensuring that these individuals could meet their basic living necessities during challenging times. This support plays a significant role in helping affected employees cope with emergencies and maintain stability in their lives.
This information is meant to be a general summary of Wm Emergency Employee Support Fund. 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.
- Gross Receipts: $674,450
Assets and Liabilities:
- Total Assets: $1,970,843
- Total Liabilities: $0
- Net Assets: $1,970,843
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Organization Details
Founding Year
2005
Phone
(312) 558-5986Principal Officer
David L Reed
Main Address
800 CAPITOL STREET SUITE 3000, HOUSTON, TX, 77002
NTEE Category
Code: P60 - Human services
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