Cigna Benefit Plans Trust

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

EIN: 222483338 ✦ Pennington, NJ ✦ Designated as a 501(c)(9)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Cigna Benefit Plans Trust?

Cigna Benefit Plans Trust is a charitable trust located in Pennington, New Jersey. Its primary focus is to offer specific benefits to eligible domestic employees, their dependents, and designated beneficiaries. The trust's mission is clear: to provide essential benefits and support for those who qualify. The trust's operations are headquartered at Bank of America in Pennington, New Jersey, with a postal address in the same city and ZIP code (08534).

Is Cigna Benefit Plans Trust legitimate?

Cigna Benefit Plans Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Cigna Benefit Plans 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

For more financial information, click here

What is the mission statement of Cigna Benefit Plans Trust?

The Cigna Benefit Plans Trust is committed to granting specific benefits to eligible domestic employees, their dependents, and designated beneficiaries. The trust's primary objective is to ensure the wellbeing of these individuals by providing them with certain essential benefits. Through its mission, the trust aims to enhance the quality of life for those who meet the eligibility criteria, offering them financial security and peace of mind. By focusing on the provision of benefits, the trust plays a vital role in promoting the overall wellbeing and stability of the workforce it serves.

Who is the CEO of Cigna Benefit Plans Trust?

Bank Of America is the Principal Officer of Cigna Benefit Plans Trust.

What is the revenue of Cigna Benefit Plans Trust?

Cigna Benefit Plans Trust's revenue in 2022 was $45,748,095.

Who are the executives of Cigna Benefit Plans Trust and what are their salaries?


There is 1 key member and their salary:


Bank Of America Inst Retirement (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Cigna Benefit Plans Trust?

Cigna Benefit Plans Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Cigna Benefit Plans Trust

Cigna Benefit Plans Trust, a reputable organization, is dedicated to extending specific benefits to eligible domestic employees, their dependents, and designated beneficiaries. By supplying these advantages, the Trust plays a vital role in enhancing the well-being and financial security of its beneficiaries.

The mission of Cigna Benefit Plans Trust is multifaceted. Primarily, it ensures that eligible employees have access to essential benefits, thereby promoting their overall health and productivity. Additionally, the Trust extends its reach to the employees' dependents and designated beneficiaries, thereby encompassing a broader scope of support. In doing so, the Trust fosters stability and peace of mind, allowing its beneficiaries to focus on their personal and professional growth.

Furthermore, the Trust's commitment to its beneficiaries goes beyond the provision of basic benefits. It strives to provide a comprehensive suite of advantages tailored to the diverse needs of its members. By maintaining a strong focus on the welfare of its community, Cigna Benefit Plans Trust stands as a reliable partner and source of support for its beneficiaries.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

Cigna Benefit Plans Trust provides essential benefits to eligible domestic employees, their dependents, and designated beneficiaries. By focusing on the needs of these individuals, the Trust plays a vital role in enhancing the overall welfare and financial security of employees and their families. Its mission centers on ensuring that participants receive crucial support, which can include various health, retirement, and insurance benefits.

Based in Pennington, NJ, the Trust's initiatives contribute to a more stable and secure environment for employees, allowing them to focus on their work while knowing that their benefit needs are being met. The emphasis on mutual benefit underscores the Trust's commitment to fostering a supportive workplace culture where employees can thrive both personally and professionally. The impact of Cigna Benefit Plans Trust extends beyond financial assistance, promoting well-being and peace of mind for all its members.




This information is meant to be a general summary of Cigna Benefit Plans 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.

Revenue
$45,748,095 (2022)
Expenses
$45,510,741 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $229,063
  • Program Service Revenue: $45,519,032
  • Gross Receipts: $45,748,095

Assets and Liabilities:

  • Total Assets: $16,350,984
  • Total Liabilities: $0
  • Net Assets: $16,350,984

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

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

EMPLOYEE/EMPLOYER PYMNTS TO TRUST

Revenue

$45,519,032

Organization Details

Founding Year

1983

Principal Officer

Bank Of America

Main Address

C/O BANK OF AMERICA 1400 AMERICAN, PENNINGTON, NJ, 08534

NTEE Category

Code: Y40 - Mutual benefit

If you are a representative of Cigna Benefit Plans Trust and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.