The Gillette Company Employee Benefit Trust

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

EIN: 223055220 ✦ Cincinnati, OH ✦ Designated as a 501(c)(9)

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Overview

What is The Gillette Company Employee Benefit Trust?

The Gillette Company Employee Benefit Trust is a nonprofit organization based in Cincinnati, Ohio, with the address Two Procter Gamble Plaza. Their primary mission is to extend health, life, and disability benefits to eligible members post-retirement. By providing these essential benefits, the Trust aims to support the well-being and financial security of its members.

Is The Gillette Company Employee Benefit Trust legitimate?

The Gillette Company Employee Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. The Gillette Company Employee Benefit 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: $23,693
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of The Gillette Company Employee Benefit Trust?

The Gillette Company Employee Benefit Trust focuses on providing essential benefits to eligible members. Its primary mission is to ensure the well-being of retirees by offering health, life, and disability benefits. The trust aims to safeguard the health and financial security of those who have contributed significantly to The Gillette Company. The benefits extended by the trust contribute to the peace of mind and overall well-being of the eligible members. The trust's commitment is to provide a safety net for its members in their retirement years.

Who is the CEO of The Gillette Company Employee Benefit Trust?

Kevin Whitham is the Investment Committee Membe of The Gillette Company Employee Benefit Trust.

What is the revenue of The Gillette Company Employee Benefit Trust?

The Gillette Company Employee Benefit Trust's revenue in 2022 was $12,995,636.

Who are the executives of The Gillette Company Employee Benefit Trust and what are their salaries?


Here are 5 key members and their salaries:


Kevin Whitham (Investment Committee Membe)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Janzaurk (Investment Committee Membe)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colleen Helker (Investment Committee Membe)
  • Compensation: $0
  • Related: $0
  • Other: $0
State Street Bank (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
The Northern Trust Company (Trustee)
  • Compensation: $23,693
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Gillette Company Employee Benefit Trust?

The Gillette Company Employee Benefit Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The Gillette Company Employee Benefit Trust

The Gillette Company Employee Benefit Trust, a notable organization, is dedicated to extending essential health, life, and disability benefits to eligible members. In simpler terms, its mission revolves around providing retirees with these vital benefits.

By assuming the responsibility of offering retiree health, life, and disability benefits, the Trust plays a significant role in ensuring the well-being of its members. The organization's commitment is unwavering, providing retirees with peace of mind and necessary support as they transition into retirement.

Through its provision of these benefits, the Gillette Company Employee Benefit Trust aims to promote the overall health and financial security of its members. By doing so, the Trust contributes to their quality of life and enables them to focus on their personal growth and development during their golden years.

Moreover, the Trust's mission is an essential component of The Gillette Company's broader employee benefits package, demonstrating the organization's dedication to its workforce, both current and retired. By offering extensive benefits, The Gillette Company not only supports its employees but also strengthens its standing as a responsible and compassionate employer.

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Impact




October, 2024

The Gillette Company Employee Benefit Trust plays a crucial role in ensuring the well-being of its eligible members by providing essential health, life, and disability benefits. By offering these benefits, the Trust supports retirees, helping them navigate the challenges associated with healthcare and financial security in their post-employment years. This not only enhances the quality of life for retirees in Cincinnati, OH, but also fosters a sense of stability and community among them.

The impact of the Trust extends beyond individual beneficiaries; it contributes to overall employee satisfaction and loyalty, as current workers recognize the value placed on their future well-being. Furthermore, by ensuring that retirees have access to necessary health services and financial resources, the Trust helps mitigate the burden on public healthcare systems and social services.

In essence, the Gillette Company Employee Benefit Trust is instrumental in promoting mutual benefit, providing critical support to retirees, and reinforcing commitment to employee welfare within the community.




This information is meant to be a general summary of The Gillette Company Employee Benefit 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
$12,995,636 (2022)
Expenses
$21,475,424 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $304,801
  • Program Service Revenue: $12,690,835
  • Gross Receipts: $19,903,517

Assets and Liabilities:

  • Total Assets: $108,826,479
  • Total Liabilities: $0
  • Net Assets: $108,826,479

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Programs

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

CONTRIBUTIONS

Revenue

$12,690,835

Organization Details

Founding Year

1988

Principal Officer

Kevin Whitham

Main Address

TWO PROCTER GAMBLE PLAZA, CINCINNATI, OH, 45202

NTEE Category

Code: Y40 - Mutual benefit

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