Overview
What is Kencrest Svcs Inc Workers Comp Trust?
Kencrest Svcs Inc Workers Comp Trust is a nonprofit organization situated in Jenkintown, Pennsylvania, specifically at 101 West Ave Suite 150. Its primary mission is to serve as a reliable source of funds and ensure sufficient reserves for the payment of workers compensation benefits and associated claims. The trust's primary activity revolves around managing and providing financial support for these benefits, ensuring that workers who sustain injuries on the job receive the necessary assistance.
Is Kencrest Svcs Inc Workers Comp Trust legitimate?
Kencrest Svcs Inc Workers Comp Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kencrest Svcs Inc 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Kencrest Svcs Inc Workers Comp Trust?
The Kencrest Services Inc. Workers Comp Trust was established with the purpose of serving as a reliable source of funds and ensuring adequate reserves for the payment of workers compensation benefits and related claims. The primary objective of this trust is to provide financial support during times when workers may require compensation due to work-related injuries or incidents. The trust's mission is centered around maintaining sufficient reserves to fulfill these obligations, ensuring stability and security for those who rely on these benefits.
Who is the CEO of Kencrest Svcs Inc Workers Comp Trust?
Jeffrey J Bogacki is the Committee Member of Kencrest Svcs Inc Workers Comp Trust.
What is the revenue of Kencrest Svcs Inc Workers Comp Trust?
Kencrest Svcs Inc Workers Comp Trust's revenue in 2022 was $2,289,094.
Who are the executives of Kencrest Svcs Inc Workers Comp Trust and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990 for Kencrest Svcs Inc Workers Comp Trust?
Kencrest Svcs Inc Workers Comp Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Kencrest Svcs Inc Workers Comp Trust
Kencrest Svcs Inc Workers Comp Trust was established with a specific purpose in mind. Its mission is to serve as a reliable source of funds and ensure the maintenance of adequate reserves for the payment of workers compensation benefits and related claims. This nonprofit organization is committed to providing financial support for individuals who have suffered work-related injuries or illnesses, ensuring they receive the necessary compensation to cover their medical expenses and lost wages. By maintaining adequate reserves, Kencrest Svcs Inc Workers Comp Trust ensures that it can fulfill its obligations in a timely and efficient manner, providing peace of mind to both the beneficiaries and the employers involved.
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Impact
October, 2024
Kencrest Svcs Inc Workers Comp Trust significantly impacts the community by providing vital financial resources for workers' compensation benefits and related claims. Located in Jenkintown, PA, the Trust ensures that adequate reserves are maintained to facilitate timely and efficient payments for injured workers. This support not only helps employees recover from work-related injuries but also promotes workplace safety and stability within various organizations. By fulfilling these obligations, the Trust contributes to a more secure environment for workers and employers alike, enhancing the overall well-being of the workforce.
This information is meant to be a general summary of Kencrest Svcs Inc 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $19,094
- Program Service Revenue: $2,270,000
- Gross Receipts: $2,289,094
Assets and Liabilities:
- Total Assets: $3,575,056
- Total Liabilities: $4,906,350
- Net Assets: -$1,331,294
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INSURANCE CONTRIBUTIONS
Revenue
$1,983,052
INSURANCE RECOVERIES
Revenue
$286,948
Organization Details
Founding Year
1992
Phone
(267) 289-1776Principal Officer
Jeffrey J Bogacki
Main Address
101 WEST AVE SUITE 150, JENKINTOWN, PA, 19046
NTEE Category
Code: Y20 - Mutual benefit
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