Overview
What is Dynetics Inc Employee Health And Welfare Plan?
Dynetics Inc Employee Health and Welfare Plan is a trust fund that manages the employee and employer contributions for Dynetics, Inc.'s health and welfare program. The trust is responsible for paying the premiums to insurance providers on behalf of all Dynetics employees. This arrangement ensures that the workforce has access to health insurance coverage through the organization's contributions.
Is Dynetics Inc Employee Health And Welfare Plan legitimate?
Dynetics Inc Employee Health And Welfare Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Dynetics Inc Employee Health And Welfare 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
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What is the mission statement of Dynetics Inc Employee Health And Welfare Plan?
The Dynetics Inc Employee Health and Welfare Plan Trust oversees the collection and payment of contributions for the company's health and welfare benefits. It acts as an intermediary, settling premiums directly with insurance providers on behalf of all Dynetics Inc employees. The trust's primary role is to ensure the effective administration of the health and welfare benefits program, managing both employer and employee contributions and maintaining smooth relationships with insurance providers. By managing these contributions and premium payments, the trust enables Dynetics Inc to offer comprehensive health and welfare benefits to its workforce.
Who is the CEO of Dynetics Inc Employee Health And Welfare Plan?
Kay Gray is the Trustee of Dynetics Inc Employee Health And Welfare Plan.
What is the revenue of Dynetics Inc Employee Health And Welfare Plan?
Dynetics Inc Employee Health And Welfare Plan's revenue in 2022 was $37,917,444.
Who are the executives of Dynetics Inc Employee Health And Welfare Plan and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $445,567
- Other: $37,966
- Compensation: $0
- Related: $2,447,865
- Other: $44,081
- Compensation: $0
- Related: $565,062
- Other: $20,544
Where can I find the form 990 for Dynetics Inc Employee Health And Welfare Plan?
Dynetics Inc Employee Health And Welfare Plan's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Dynetics Inc Employee Health And Welfare Plan
The Dynetics Inc Employee Health and Welfare Plan serves as a vital resource for managing the contributions made by both employees and employers towards the health and welfare benefits of Dynetics, Inc. staff. In this capacity, the trust takes on the responsibility of making premium payments to insurance providers on behalf of all employees.
By effectively managing these contributions and payments, the Dynetics Inc Employee Health and Welfare Plan ensures that the workforce has access to essential health and wellness benefits. The trust's mission is to facilitate the smooth administration of these benefits, allowing employees to focus on their roles within the organization while having peace of mind knowing their health care needs are being met.
In essence, the Dynetics Inc Employee Health and Welfare Plan acts as a dedicated intermediary, handling the financial aspects of health and welfare benefits for the company's employees. By managing these contributions and payments, the trust enables Dynetics, Inc. to offer comprehensive benefits to its workforce, ultimately contributing to a happier and healthier workforce.
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Impact
October, 2024
Dynetics Inc Employee Health And Welfare Plan plays a crucial role in managing the health and welfare benefits for its employees. By efficiently overseeing employee and employer contributions, the plan ensures that the necessary funds are allocated to cover health-related expenses. This includes managing premium payments to various insurance providers on behalf of employees, which helps to alleviate the financial burden of healthcare costs.
The impact of this program extends beyond financial management. It fosters a healthier workforce by providing access to necessary medical services, promoting employee well-being, and enhancing job satisfaction. This trust not only serves the immediate interests of employees but also contributes to the overall stability and productivity of the organization. By investing in the health of its workforce, Dynetics Inc demonstrates its commitment to the welfare of its employees, ultimately leading to a more engaged and motivated workforce in Huntsville, Alabama, and beyond.
This information is meant to be a general summary of Dynetics Inc Employee Health And Welfare 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: $2,099
- Program Service Revenue: $37,915,345
- Gross Receipts: $37,917,444
Assets and Liabilities:
- Total Assets: $1,705,178
- Total Liabilities: $140,516
- Net Assets: $1,564,662
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYEE AND EMPLOYER CONTRIBUTIO
Revenue
$37,915,345
Organization Details
Founding Year
2005
Phone
(256) 964-4387Principal Officer
Kay Gray
Main Address
1000 EXPLORER BLVD NW, HUNTSVILLE, AL, 35806
NTEE Category
Code: Y43 - Mutual benefit
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