Bergey's Electric Inc Trust

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

EIN: 232211086 ✦ Hatfield, PA ✦ Designated as a 501(c)(9)

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Overview

What is Bergey's Electric Inc Trust?

Bergey's Electric Inc Trust is a nonprofit organization, based in Hatfield, Pennsylvania, with a primary focus on providing medical hospitalization insurance and medical benefits for the employees of Bergey's Electric, Inc. The trust's mission is to ensure the well-being of its workforce by funding necessary medical care during hospitalizations and offering associated benefits. This philanthropic endeavor aims to support the employees of Bergey's Electric, Inc., enhancing their overall health and wellness.

Is Bergey's Electric Inc Trust legitimate?

Bergey's Electric Inc Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Bergey's Electric Inc 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 Bergey's Electric Inc Trust?

The Bergey's Electric Inc Trust is committed to funding medical hospitalization insurance and providing medical benefits for its employees. This initiative aims to ensure the wellbeing and healthcare coverage of the workforce, providing them with peace of mind and financial security in case of medical emergencies. The Trust serves as a safety net, offering essential medical protection that can significantly impact the lives of its employees. This support can potentially lead to improved employee health, higher morale, and overall increased job satisfaction.

Who is the CEO of Bergey's Electric Inc Trust?

Ronald L Bergey is the Trustee of Bergey's Electric Inc Trust.

What is the revenue of Bergey's Electric Inc Trust?

Bergey's Electric Inc Trust's revenue in 2022 was $553,603.

Who are the executives of Bergey's Electric Inc Trust and what are their salaries?


Here are 3 key members and their salaries:


Robert L Bergey (Trustee)
  • Compensation: $0
  • Related: $155,611
  • Other: $4,616
Ronald L Bergey (Trustee)
  • Compensation: $0
  • Related: $153,224
  • Other: $4,800
Dale Bergey (Trustee)
  • Compensation: $0
  • Related: $157,434
  • Other: $4,822
Where can I find the form 990 for Bergey's Electric Inc Trust?

Bergey's Electric Inc Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Bergey's Electric Inc Trust

Bergey's Electric Inc Trust is a nonprofit organization with a mission to provide medical hospitalization insurance and medical benefits for the employees of Bergey's Electric, Inc. This mission is aimed at ensuring the financial security and health well-being of the company's workforce during periods of medical need. The trust's primary objective is to establish and manage a fund that covers hospitalization expenses and other medical-related costs for the employees, thereby alleviating any financial burden associated with medical treatments. This initiative not only demonstrates the company's commitment to its employees but also underscores the importance of prioritizing employee health and wellness. By providing comprehensive medical benefits, Bergey's Electric Inc Trust is able to foster a supportive work environment and promote overall employee satisfaction and productivity.

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Impact




October, 2024

Bergey's Electric Inc Trust plays a crucial role in supporting the health and well-being of employees at Bergey's Electric, Inc. by providing funding for medical hospitalization insurance and medical benefits. This financial support ensures that employees have access to necessary healthcare services, promoting their overall health and stability. By alleviating some of the financial burdens associated with medical costs, the Trust fosters a more secure environment for employees, contributing to their morale and productivity. Located in Hatfield, PA, the Trust's mission directly benefits those who contribute to Bergey's Electric, Inc., demonstrating a commitment to the welfare of its workforce. The impact extends beyond individual health, as it cultivates a supportive workplace culture and enhances employee retention and satisfaction.




This information is meant to be a general summary of Bergey's Electric Inc 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
$553,603 (2022)
Expenses
$538,511 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $15,228
  • Program Service Revenue: $538,375
  • Gross Receipts: $553,603

Assets and Liabilities:

  • Total Assets: $436,992
  • Total Liabilities: $0
  • Net Assets: $436,992

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Programs

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

GROUP INSURANCE INCOME

Revenue

$538,375

Organization Details

Founding Year

1981

Principal Officer

Ronald L Bergey

Main Address

2880 PENN AVENUE, HATFIELD, PA, 19440

NTEE Category

Code: Y40 - Mutual benefit

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