Overview
What is Corning Incorporated Long Term Disability?
Corning Incorporated Long Term Disability is a nonprofit trust based in Pittsburgh, Pennsylvania. Its primary mission is to provide long-term disability benefits to salaried employees of Corning Incorporated and health benefits to both active employees and union retirees. The trust's objective is to ensure financial security and well-being for these individuals in the event of long-term disabilities. The trust's activities encompass the administration and distribution of these benefits, ensuring that eligible employees and retirees have access to essential coverage and support during challenging times.
Is Corning Incorporated Long Term Disability legitimate?
Corning Incorporated Long Term Disability is a legitimate nonprofit organization registered as a 501(c)(9) entity. Corning Incorporated Long Term Disability 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: $5,898
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Corning Incorporated Long Term Disability?
Corning Incorporated's Long Term Disability trust is committed to delivering long-term disability benefits to salaried employees and offering health benefits to active employees and union retirees. The trust's primary objective is to provide essential support for the wellbeing of its workforce. It aims to ensure financial security for employees who face long-term disabilities and to maintain the health of active employees. The trust's dedication extends to union retirees, demonstrating a strong commitment to the Corning Incorporated community.
Who is the CEO of Corning Incorporated Long Term Disability?
Unavailable
What is the revenue of Corning Incorporated Long Term Disability?
Corning Incorporated Long Term Disability's revenue in 2022 was $78,781,343.
Who are the executives of Corning Incorporated Long Term Disability and what are their salaries?
There is 1 key member and their salary:
- Compensation: $5,898
- Related: $0
- Other: $0
Where can I find the form 990 for Corning Incorporated Long Term Disability?
Corning Incorporated Long Term Disability's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Corning Incorporated Long Term Disability
Corning Incorporated Long Term Disability, also known as the Trust, is a mission-driven organization dedicated to providing essential benefits to the salaried employees of Corning Incorporated and their union retirees. The Trust's primary focus lies in offering long-term disability benefits to its eligible members, ensuring financial security and stability during their most challenging times. Alongside disability benefits, the organization extends health benefits to active employees, further enhancing their overall well-being.
In its commitment to supporting Corning Incorporated's workforce, the Trust plays a vital role in safeguarding the financial futures of its constituents. By providing long-term disability benefits, the organization alleviates the burden of extended periods of absence due to illness or injury, enabling individuals to focus on their recovery while their financial needs are addressed. The Trust's dedication to the well-being of its members extends beyond disability benefits, as it also provides health benefits to active employees, ensuring they have access to essential healthcare services.
Additionally, the Trust extends its benefits to union retirees, reinforcing its long-standing commitment to the Corning Incorporated community. By offering these comprehensive benefits, the Trust fosters a strong sense of security and loyalty among its members, allowing them to focus on their personal and professional growth without the added stress of financial uncertainty.
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Impact
October, 2024
Corning Incorporated Long Term Disability plays a critical role in supporting the well-being and security of salaried employees, as well as active employees and union retirees. By providing long-term disability benefits, the program ensures that employees who face health challenges can maintain financial stability and peace of mind. This safety net allows individuals to focus on recovery without the added stress of financial insecurity, fostering a supportive work environment. Additionally, the provision of health benefits for active employees and retirees further enhances overall employee welfare and strengthens community ties among the workforce. The impact of these benefits extends beyond individual recipients, contributing to a culture of care and responsibility within Corning Incorporated. Overall, this trust serves as a vital resource that underscores the company's commitment to its employees' long-term health and financial well-being.
This information is meant to be a general summary of Corning Incorporated Long Term Disability. 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: $361,898
- Program Service Revenue: $78,416,713
- Gross Receipts: $78,781,343
Assets and Liabilities:
- Total Assets: $10,184,924
- Total Liabilities: $0
- Net Assets: $10,184,924
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYEE CONTRIBUTION
Revenue
$53,416,713
EMPLOYER CONTRIBUTION
Revenue
$25,000,000
Organization Details
Founding Year
1988
Phone
(412) 234-2242Main Address
C/O THE BNYM PO BOX 535007, PITTSBURGH, PA, 152535007
NTEE Category
Code: Y40 - Mutual benefit
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