Overview
What is Itt Carbon Employee Benefit Trust?
Itt Carbon Employee Benefit Trust is a specialized trust established to manage contributions towards employee benefits. This trust receives, holds, invests, and subsequently distributes both employer and employee contributions for employee benefit programs. The trust serves as a vital intermediary, ensuring the proper allocation and management of funds dedicated to employee welfare. The exact nature and scope of the benefits provided by the trust are not specified in the information provided, but it is clear that it plays a crucial role in facilitating the financial aspect of employee benefit arrangements.
Is Itt Carbon Employee Benefit Trust legitimate?
Itt Carbon Employee Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Itt Carbon 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Itt Carbon Employee Benefit Trust?
The Itt Carbon Employee Benefit Trust was established with a mission to serve as a platform for collecting, holding, investing, and subsequently distributing funds from both employers and employees for employee benefit purposes. This trust aims to manage contributions effectively, ensuring they are utilized to provide necessary employee benefits. By performing these functions, the trust aims to support the well-being and welfare of the employees. It serves as a financial intermediary, bridging the gap between employer contributions and employee benefit programs.
Who is the CEO of Itt Carbon Employee Benefit Trust?
Michael Savinelli is the Vice President, Finance, Chief Tax Officer & Treasurer of Itt Carbon Employee Benefit Trust.
What is the revenue of Itt Carbon Employee Benefit Trust?
Itt Carbon Employee Benefit Trust's revenue in 2020 was $172,829.
Who are the executives of Itt Carbon Employee Benefit Trust and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Itt Carbon Employee Benefit Trust?
Itt Carbon Employee Benefit Trust's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of Itt Carbon Employee Benefit Trust
The Itt Carbon Employee Benefit Trust, established with a specific purpose, is designed to receive, hold, and invest contributions from both employers and employees for employee benefits. This trust serves as a vital mechanism for managing funds that contribute to various employee benefit programs. The mission of the Itt Carbon Employee Benefit Trust is to receive, hold, invest, and ultimately distribute these contributions in order to facilitate the provision of employee benefits. This mission is instrumental in ensuring that employees have access to the necessary support and resources to enhance their well-being and overall work experience.
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
Itt Carbon Employee Benefit Trust serves a crucial role in providing financial support for employee benefits by receiving, holding, investing, and remitting contributions from both employers and employees. This trust ensures that funds are effectively managed to enhance the welfare of employees, thereby promoting mutual benefit. By facilitating access to various employee benefits, such as health care, retirement plans, and other financial incentives, it contributes to the overall well-being and job satisfaction of the workforce. Its operations in White Plains, NY, underscore its commitment to supporting local employees through a structured and reliable financial framework. Ultimately, the trust helps create a more sustainable and supportive work environment, fostering loyalty and productivity among employees.
This information is meant to be a general summary of Itt Carbon 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2020.
- Investment Income: $172,829
- Gross Receipts: $1,695,682
Assets and Liabilities:
- Total Assets: $517,438
- Total Liabilities: $0
- Net Assets: $517,438
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1999
Phone
(914) 641-2124Principal Officer
Michael Savinelli
Main Address
1133 Westchester Avenue, White Plains, NY, 10604
NTEE Category
Code: Y43 - Mutual benefit
If you are a representative of Itt Carbon Employee Benefit 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.