Overview
What is The Cultural Institutions Group Life And Welfare Benefits Plan?
The Cultural Institutions Group Life and Welfare Benefits Plan, often referred to as CIRS, serves as a provision for purchasing life insurance for eligible employees at various participating cultural institutions. Based in New York City, CIRS primarily aims to provide this important financial protection to its beneficiaries. The organization's main mission revolves around securing life insurance coverage for its qualified employees, thereby contributing to their peace of mind and well-being. The plan operates within a network of participating cultural institutions, providing a safety net for their staff members.
Official website here: www.cirsplans.org
Is The Cultural Institutions Group Life And Welfare Benefits Plan legitimate?
The Cultural Institutions Group Life And Welfare Benefits Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. The Cultural Institutions Group Life And Welfare Benefits Plan 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
Official website here: www.cirsplans.org
What is the mission statement of The Cultural Institutions Group Life And Welfare Benefits Plan?
The Cultural Institutions Group Life and Welfare Benefits Plan, often referred to as CIRS, is primarily dedicated to purchasing life insurance for eligible employees of various participating cultural institutions. This plan serves as a provision for securing the lives of these employees, ensuring financial security for their families in the event of their demise. The purpose of CIRS is to offer this valuable benefit to a wide array of cultural institutions and their employees.
Official website here: www.cirsplans.org
Who is the CEO of The Cultural Institutions Group Life And Welfare Benefits Plan?
Maureen T Scaduto is the Board Of Trustees of The Cultural Institutions Group Life And Welfare Benefits Plan.
Official website here: www.cirsplans.org
What is the revenue of The Cultural Institutions Group Life And Welfare Benefits Plan?
The Cultural Institutions Group Life And Welfare Benefits Plan's revenue in 2022 was $1,192,903.
Official website here: www.cirsplans.org
Who are the executives of The Cultural Institutions Group Life And Welfare Benefits Plan and what are their salaries?
There 9 volunteers at The Cultural Institutions Group Life And Welfare Benefits Plan.
Here are 12 key members and their salaries:
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- Related: $192,407
- Other: $23,457
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- Related: $166,587
- Other: $9,574
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.cirsplans.org
Where can I find the form 990 for The Cultural Institutions Group Life And Welfare Benefits Plan?
The Cultural Institutions Group Life And Welfare Benefits Plan's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cirsplans.org
Learn more at the official website: www.cirsplans.org
Mission Statement of The Cultural Institutions Group Life And Welfare Benefits Plan
The Cultural Institutions Group Life and Welfare Benefits Plan, often referred to as CIRS, is a mission-driven entity aimed at providing life insurance coverage for eligible employees working at various participating cultural institutions. The primary objective of CIRS is to procure life insurance policies for these employees, ensuring financial security for their families in the event of their untimely demise. By purchasing life insurance, CIRS serves as a safety net for the employees and their loved ones, offering peace of mind and financial stability during difficult times.
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Impact
October, 2024
The Cultural Institutions Group Life and Welfare Benefits Plan provides critical financial security to employees of participating cultural institutions in New York City through the provision and purchase of life insurance. By offering this benefit, the plan enhances the overall welfare of employees, ensuring that they have a safety net for their families in the event of unforeseen circumstances. This support not only fosters a sense of job security and peace of mind among employees but also contributes to the retention of talent within the cultural sector.
By pooling resources across various institutions, the plan allows for more comprehensive coverage at potentially lower costs than individual policies, maximizing the financial benefits for both employees and institutions. This collaborative approach emphasizes mutual support and shared responsibility within the cultural community, reinforcing the value placed on employee well-being.
Overall, the impact of the Cultural Institutions Group Life and Welfare Benefits Plan extends beyond financial assistance; it plays a pivotal role in cultivating a supportive and stable work environment in the cultural sector, ultimately benefiting the institutions themselves through enhanced employee morale and loyalty.
This information is meant to be a general summary of The Cultural Institutions Group Life And Welfare Benefits Plan. 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: $6,227
- Program Service Revenue: $1,186,676
- Gross Receipts: $1,192,903
Assets and Liabilities:
- Total Assets: $1,870,001
- Total Liabilities: $526,920
- Net Assets: $1,343,081
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYERS CONTRIBUTION
Revenue
$1,186,676
Organization Details
Founding Year
1962
Phone
(212) 674-0101Principal Officer
Maureen T Scaduto
Main Address
CO CIRS 225 W 34TH ST 1106, NEW YORK, NY, 10122
Website
www.cirsplans.orgNTEE Category
Code: Y40 - Mutual benefit
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