Carolina Dealerships Inc Welfare Benef

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

EIN: 202026448 ✦ Winstonsalem, NC ✦ Designated as a 501(c)(9)

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Overview

What is Carolina Dealerships Inc Welfare Benef?

Carolina Dealerships Inc Welfare Benef is a nonprofit organization dedicated to providing comprehensive health and disability benefits for a substantial number of employees from participating employers. Based in Winston-Salem, North Carolina, the organization's primary mission revolves around extending essential coverage to a significant portion of the workforce. By offering health and disability benefits, Carolina Dealerships Inc Welfare Benef aims to improve the overall well-being and security of the employees.

Is Carolina Dealerships Inc Welfare Benef legitimate?

Carolina Dealerships Inc Welfare Benef is a legitimate nonprofit organization registered as a 501(c)(9) entity. Carolina Dealerships Inc Welfare Benef 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 Carolina Dealerships Inc Welfare Benef?

Carolina Dealerships Inc Welfare Benef aims to extend comprehensive health and disability coverage to a substantial number of employees working for the participating employers. The organization's primary objective is to ensure the well-being of these employees by providing them with essential benefits. Through this initiative, Carolina Dealerships Inc Welfare Benef seeks to enhance the overall health and financial security of the workforce. The program offers a wide range of benefits that cater to various health and disability needs. The organization's commitment to employee welfare not only fosters a positive work environment but also contributes to the overall productivity and success of the participating businesses.

Who is the CEO of Carolina Dealerships Inc Welfare Benef?

Tom Paulson is the Principal Officer of Carolina Dealerships Inc Welfare Benef.

What is the revenue of Carolina Dealerships Inc Welfare Benef?

Carolina Dealerships Inc Welfare Benef's revenue in 2022 was $23,004,589.

Who are the executives of Carolina Dealerships Inc Welfare Benef and what are their salaries?


Here are 3 key members and their salaries:


Chester A Michael Iii (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ched Neal (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
T David Neill (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Carolina Dealerships Inc Welfare Benef?

Carolina Dealerships Inc Welfare Benef's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Carolina Dealerships Inc Welfare Benef

Carolina Dealerships Inc Welfare Benef, a mission-driven organization, is dedicated to extending health and disability coverage to a substantial portion of the employees from the participating employers. By providing comprehensive benefits, the organization aims to ensure the wellbeing and peace of mind of the workforce.

In essence, Carolina Dealerships Inc Welfare Benef acts as a safety net, offering essential health and disability protection to employees. The organization's commitment to coverage extends to substantially all employees, making it an invaluable resource for the participating employers and their teams. The benefits package not only safeguards the employees' physical health but also addresses their financial security in the face of temporary or long-term disabilities.

Carolina Dealerships Inc Welfare Benef's mission is twofold. Firstly, it guarantees that a significant proportion of employees under the participating employers have access to critical healthcare services and financial assistance during times of need. Secondly, the organization takes a proactive stance on employee wellness. By offering extensive health and disability benefits, it empowers employees to focus on their recovery, improving their overall wellbeing and productivity in the workplace.

Through its unwavering dedication and commitment, Carolina Dealerships Inc Welfare Benef plays a crucial role in fostering a healthier, more secure workforce. The organization's mission resonates with its core belief that comprehensive benefits contribute to the overall success and wellbeing of both the employees and the employers.

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Impact




October, 2024

Carolina Dealerships Inc Welfare Benef focuses on providing health and disability benefits to a significant portion of the employees of participating employers in Winston-Salem, NC. By ensuring access to these essential benefits, the organization plays a crucial role in enhancing the overall well-being of employees, promoting financial security during health-related challenges, and fostering a healthier workforce. This support not only helps individuals but also contributes to a more productive and stable work environment within the participating businesses, ultimately benefiting the broader community.




This information is meant to be a general summary of Carolina Dealerships Inc Welfare Benef. 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
$23,004,589 (2022)
Expenses
$22,273,623 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $10,556
  • Program Service Revenue: $22,994,033
  • Gross Receipts: $23,004,589

Assets and Liabilities:

  • Total Assets: $4,477,910
  • Total Liabilities: $1,292,274
  • Net Assets: $3,185,636

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$11,953,771

EMPLOYEE CONTRIBUTIONS

Revenue

$11,040,262

Organization Details

Founding Year

2005

Principal Officer

Tom Paulson

Main Address

PO BOX 5657, WINSTONSALEM, NC, 27113

NTEE Category

Code: Y43 - Mutual benefit

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