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Bancroft Neurohealth Workers Compensation Trust

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

EIN: 223318849 ✦ North brunswick, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Bancroft Neurohealth Workers Compensation Trust?

Bancroft Neurohealth Workers Compensation Trust is a nonprofit organization situated in North Brunswick, New Jersey, specifically at 3803 Birchwood Court. Its primary mission is to provide Workers Compensation insurance coverage to employees of Bancroft Neurohealth, in accordance with New Jersey's Workers Compensation laws. This organization's activities are focused on offering Workers Compensation benefits to the employees of Bancroft Neurohealth, ensuring financial and medical support in case of workplace injuries or occupational illnesses.

Is Bancroft Neurohealth Workers Compensation Trust legitimate?

Bancroft Neurohealth Workers Compensation Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bancroft Neurohealth Workers Compensation 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 Bancroft Neurohealth Workers Compensation Trust?

The Bancroft Neurohealth Workers Compensation Trust's mission is centered around providing workers compensation benefits to the employees of Bancroft Neurohealth. This organization ensures compliance with New Jersey's workers compensation laws by offering insurance coverage. The primary objective is to safeguard the financial well-being of the employees in case of work-related injuries or illnesses. The trust's activities are geared towards offering a safety net, providing financial support during challenging times, and promoting a secure work environment for the employees of Bancroft Neurohealth.

Who is the CEO of Bancroft Neurohealth Workers Compensation Trust?

Michael Salerno is the Trustee of Bancroft Neurohealth Workers Compensation Trust.

What is the revenue of Bancroft Neurohealth Workers Compensation Trust?

Bancroft Neurohealth Workers Compensation Trust's revenue in 2023 was $3,933,784.

Who are the executives of Bancroft Neurohealth Workers Compensation Trust and what are their salaries?


There is 1 key member and their salary:


Bancroft Neurohealth (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Bancroft Neurohealth Workers Compensation Trust?

Bancroft Neurohealth Workers Compensation Trust's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Bancroft Neurohealth Workers Compensation Trust

Bancroft Neurohealth Workers Compensation Trust is an organization with a mission to provide workers compensation benefits to the employees of Bancroft Neurohealth. This mission is carried out in compliance with the workers compensation laws of New Jersey. The trust serves as a safety net for employees who may suffer work-related injuries or illnesses, ensuring they receive the necessary financial and medical support during their recovery period. By offering workers compensation insurance coverage, Bancroft Neurohealth Workers Compensation Trust demonstrates its commitment to the well-being and protection of its employees, fostering a safe and secure work environment.

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Impact




October, 2024

Bancroft Neurohealth Workers Compensation Trust plays a vital role in supporting the well-being of employees within the organization. By providing workers' compensation insurance coverage, it ensures that staff members who may face workplace injuries or illnesses receive the necessary benefits in accordance with New Jersey workers' compensation laws. This commitment not only protects the financial stability of employees but also promotes a safer and more supportive work environment. Additionally, the Trust's focus on community improvement underscores its dedication to fostering a healthier workplace, ultimately benefiting both employees and the broader community in North Brunswick, NJ.




This information is meant to be a general summary of Bancroft Neurohealth Workers Compensation 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
$3,933,784 (2023)
Expenses
$4,206,127 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $15,734
  • Program Service Revenue: $3,918,050
  • Gross Receipts: $3,933,784

Assets and Liabilities:

  • Total Assets: $315,763
  • Total Liabilities: $2,205,043
  • Net Assets: -$1,889,280

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$3,738,000

Organization Details

Founding Year

1995

Principal Officer

Michael Salerno

Main Address

3803 BIRCHWOOD COURT, NORTH BRUNSWICK, NJ, 08902

NTEE Category

Code: S50I - Community improvement

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