Overview
What is Unum Group Employees Short-Term Disability Plan Trust?
Unum Group Employees Short-Term Disability Plan Trust is a tax-exempt trust, established under IRC Section 501(C)(9), located in Chattanooga, Tennessee. This nonprofit organization, specifically designed for Unum Group employees, provides disability benefits on a bi-weekly basis during short-term disabilities. Its primary focus is to offer financial support to employees during challenging periods of illness or injury, ensuring they receive the necessary financial aid during their recovery.
Is Unum Group Employees Short-Term Disability Plan Trust legitimate?
Unum Group Employees Short-Term Disability Plan Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Unum Group Employees Short-Term Disability Plan 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 Unum Group Employees Short-Term Disability Plan Trust?
The Unum Group Employees Short-Term Disability Plan Trust is a tax-exempt trust established under IRC Section 501(C)(9) as a Voluntary Employees' Beneficiary Association (VEBA). Its primary mission is to provide short-term disability benefits to employees of Unum Group on a bi-weekly basis. This trust is designed to support employees during periods of disability, offering financial assistance during their recovery. The trust's activity revolves around making short-term disability payments to eligible Unum Group employees, providing them with a financial safety net during their temporary incapacity.
Who is the CEO of Unum Group Employees Short-Term Disability Plan Trust?
Rob Hecker is the Trustee of Unum Group Employees Short-Term Disability Plan Trust.
What is the revenue of Unum Group Employees Short-Term Disability Plan Trust?
Unum Group Employees Short-Term Disability Plan Trust's revenue in 2022 was $7,891,342.
Who are the executives of Unum Group Employees Short-Term Disability Plan Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Unum Group Employees Short-Term Disability Plan Trust?
Unum Group Employees Short-Term Disability Plan Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Unum Group Employees Short-Term Disability Plan Trust
The Unum Group Employees Short-Term Disability Plan Trust is a tax-exempt trust established under IRC Section 501(c)(9), known as a Voluntary Employees' Beneficiary Association (VEBA). Its primary mission is to provide disability benefits to employees of Unum Group on a bi-weekly basis during periods of short-term disability. This trust serves as a safety net for workers, ensuring they receive financial assistance during their recovery and temporary inability to work due to illness or injury. By providing these disability payments, the Unum Group Employees Short-Term Disability Plan Trust contributes to the overall well-being and financial security of Unum Group's employees during challenging times.
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Impact
October, 2024
The Unum Group Employees Short-Term Disability Plan Trust plays a crucial role in supporting employees facing short-term disabilities. By providing bi-weekly disability benefits, it ensures financial stability for employees who are temporarily unable to work due to medical conditions. This assistance mitigates the economic impact of losing income during recovery periods, allowing employees to focus on their health without the stress of financial strain. Established as a tax-exempt trust under IRC Section 501(c)(9) and operating as a Voluntary Employees' Beneficiary Association (VEBA), the plan underscores a commitment to mutual benefit, fostering a supportive work environment within Unum Group. Based in Chattanooga, TN, it serves as a vital safety net for employees, reinforcing the organization's dedication to their well-being.
This information is meant to be a general summary of Unum Group Employees Short-Term Disability Plan 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.
- Investment Income: $17,370
- Program Service Revenue: $7,883,600
- Gross Receipts: $7,891,342
Assets and Liabilities:
- Total Assets: $1,100,611
- Total Liabilities: $955,786
- Net Assets: $144,825
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
UNUM GROUP CONTRIBUTIONS
Revenue
$7,883,600
Organization Details
Founding Year
2005
Phone
(423) 294-1578Principal Officer
Rob Hecker
Main Address
1 FOUNTAIN SQUARE Suite E1S2, CHATTANOOGA, TN, 37402
NTEE Category
Code: Y43 - Mutual benefit
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