Good Shepherd Home Workers Comp Trust

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

EIN: 232559227 ✦ King of prussia, PA ✦ Designated as a 501(c)(3)

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Overview

What is Good Shepherd Home Workers Comp Trust?

Good Shepherd Home Workers Comp Trust is a nonprofit organization situated in King of Prussia, Pennsylvania. The main purpose of this trust is to serve as a financial resource and maintain sufficient reserves for the payment of workers' compensation benefits and related claims. By providing these funds, the trust aims to offer support and assistance to individuals who have incurred such benefits due to work-related incidents. The trust's mission is centered around ensuring financial stability and security for those affected by workers' compensation matters.

Is Good Shepherd Home Workers Comp Trust legitimate?

Good Shepherd Home Workers Comp Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Good Shepherd Home Workers Comp 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 Good Shepherd Home Workers Comp Trust?

The Good Shepherd Home Workers Comp Trust was established with a primary objective. Its mission is to serve as a reliable source of funds and ensure the maintenance of sufficient reserves. This is primarily for the purpose of covering workers compensation benefits and related claims. The trust's role is crucial in providing financial support during such instances, ensuring that the necessary benefits are provided to those who require them.

Who is the CEO of Good Shepherd Home Workers Comp Trust?

Unavailable

What is the revenue of Good Shepherd Home Workers Comp Trust?

Good Shepherd Home Workers Comp Trust's revenue in 2022 was $2,549,675.

Who are the executives of Good Shepherd Home Workers Comp Trust and what are their salaries?


There is 1 key member and their salary:


Gregory S Famous Avi (Trust Administrator)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Good Shepherd Home Workers Comp Trust?

Good Shepherd Home Workers Comp Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Good Shepherd Home Workers Comp Trust

Good Shepherd Home Workers Comp Trust was established with a vital mission: to serve as a reliable source of funds and ensure adequate reserves for the payment of workers' compensation benefits and related claims. This nonprofit organization is dedicated to providing financial support during challenging times, ensuring that individuals who have sustained workplace injuries receive the necessary aid. By maintaining adequate reserves, the trust can ensure that it can meet its obligations in a timely and efficient manner, offering peace of mind to those who rely on its services.

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Impact




October, 2024

Good Shepherd Home Workers Comp Trust significantly enhances workplace safety and employee security by providing a reliable source of funds dedicated to the payment of workers' compensation benefits and related claims. Established specifically to maintain adequate reserves, the trust ensures that workers injured on the job receive timely and appropriate financial support. This capacity for sustained financial assistance not only alleviates the burden on both employees and employers during challenging times but also fosters a safer working environment in King of Prussia, PA. By prioritizing the well-being of workers, the Trust reinforces the mutual benefit framework, encouraging a culture of care and responsibility within the community.




This information is meant to be a general summary of Good Shepherd Home Workers Comp 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
$2,549,675 (2022)
Expenses
$2,038,377 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $296
  • Program Service Revenue: $2,549,379
  • Gross Receipts: $2,549,675

Assets and Liabilities:

  • Total Assets: $772,647
  • Total Liabilities: $4,903,261
  • Net Assets: -$4,130,614

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$2,549,379

Organization Details

Founding Year

1989

Main Address

200 N WARNER RD, KING OF PRUSSIA, PA, 19406

NTEE Category

Code: Y20Z - Mutual benefit

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