Kellogg Company Retired Ees Welfare Benefit Trust For Cbe

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

EIN: 251802024 ✦ Battle creek, MI ✦ Designated as a 501(c)(9)

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Overview

What is Kellogg Company Retired Ees Welfare Benefit Trust For Cbe?

Kellogg Company Retired Ees Welfare Benefit Trust For Cbe is a nonprofit organization, specifically established for retired employees of Kellogg Company. Based in Battle Creek, Michigan, its primary mission is to provide medical and dental coverage for these retirees, ensuring they have access to necessary healthcare services in their post-employment phase. The trust operates under the collective bargaining agreements between Kellogg Company and its retired employees, demonstrating a commitment to their well-being beyond their working years.

Is Kellogg Company Retired Ees Welfare Benefit Trust For Cbe legitimate?

Kellogg Company Retired Ees Welfare Benefit Trust For Cbe is a legitimate nonprofit organization registered as a 501(c)(9) entity. Kellogg Company Retired Ees Welfare Benefit Trust For Cbe 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: $2,937,656
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Kellogg Company Retired Ees Welfare Benefit Trust For Cbe?

The Kellogg Company Retired Ees Welfare Benefit Trust for Cbe is dedicated to providing medical and dental coverage for its retired collectively-bargained employees. Its primary mission is to alleviate the financial burden of healthcare expenses for these retirees, ensuring they maintain their well-being post-employment. The trust focuses on offering comprehensive medical and dental coverage, serving as a crucial safety net for its beneficiaries. By providing this essential service, the trust demonstrates its commitment to the well-being of its retired employees.

Who is the CEO of Kellogg Company Retired Ees Welfare Benefit Trust For Cbe?

Kellogg Company is the Trustee of Kellogg Company Retired Ees Welfare Benefit Trust For Cbe.

What is the revenue of Kellogg Company Retired Ees Welfare Benefit Trust For Cbe?

Kellogg Company Retired Ees Welfare Benefit Trust For Cbe's revenue in 2022 was -$55,411,866.

Who are the executives of Kellogg Company Retired Ees Welfare Benefit Trust For Cbe and what are their salaries?


Here are 2 key members and their salaries:


The Northern Trust (Trustee)
  • Compensation: $2,937,656
  • Related: $0
  • Other: $0
Erisa Finance Committee (Oversight Committee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Kellogg Company Retired Ees Welfare Benefit Trust For Cbe?

Kellogg Company Retired Ees Welfare Benefit Trust For Cbe's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Kellogg Company Retired Ees Welfare Benefit Trust For Cbe

The Kellogg Company Retired Ees Welfare Benefit Trust For Cbe is dedicated to providing medical and dental coverage for retired employees who have collectively bargained with Kellogg Company. This nonprofit organization's mission is centered around alleviating the financial burden associated with healthcare expenses for these retired individuals. By taking on this responsibility, the Kellogg Company Retired Ees Welfare Benefit Trust For Cbe plays a significant role in ensuring the well-being and financial security of its beneficiaries during their retirement years.

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Impact




October, 2024

The Kellogg Company Retired Employees Welfare Benefit Trust for CBE plays a vital role in supporting the health and well-being of retired collectively-bargained employees of Kellogg Company. By providing financial assistance for medical and dental expenses, the Trust alleviates some of the burdens that retirees face as they navigate healthcare costs. This support fosters a sense of security and peace of mind among retirees, enabling them to focus on their quality of life in retirement.

The Trust's mission to cover essential medical and dental expenses not only underscores the company's commitment to its former employees but also enhances the overall welfare of the community in Battle Creek, MI. By ensuring that retirees have access to necessary healthcare services, the Trust contributes positively to their physical and emotional well-being, reinforcing the importance of mutual benefit and support within the workforce.




This information is meant to be a general summary of Kellogg Company Retired Ees Welfare Benefit Trust For Cbe. 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
-$55,411,866 (2022)
Expenses
$45,953,922 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$35,617,518
  • Program Service Revenue: -$19,794,348
  • Gross Receipts: $894,206,630

Assets and Liabilities:

  • Total Assets: $1,087,910,300
  • Total Liabilities: $11,338,073
  • Net Assets: $1,076,572,227

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

-$19,934,820

PARTICIPANT CONTRIBUTIONS

Revenue

$140,472

Organization Details

Founding Year

1987

Principal Officer

Kellogg Company

Main Address

PO BOX 3599, BATTLE CREEK, MI, 490163599

NTEE Category

Code: Y40 - Mutual benefit

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