Builders & Contractors Supplemental Insurance Plan Trust

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

EIN: 260782338 ✦ Jenison, MI ✦ Designated as a 501(c)(17)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Builders & Contractors Supplemental Insurance Plan Trust?

Builders & Contractors Supplemental Insurance Plan Trust is a nonprofit organization situated in Jenison, Michigan. Their primary mission, as outlined in the information, is to offer supplemental unemployment benefits to eligible employees of members affiliated with the Builders and Contractors Supplemental Unemployment Insurance Plan. This assistance aims to provide a financial safety net for participants during periods of job loss. The trust, with a workforce of 1,023 individuals, is dedicated to fulfilling this mission and supporting the employees in the construction and building industry.


Official website here: www.bctbenefitplans.com

Is Builders & Contractors Supplemental Insurance Plan Trust legitimate?

Builders & Contractors Supplemental Insurance Plan Trust is a legitimate nonprofit organization registered as a 501(c)(17) entity. Builders & Contractors Supplemental Insurance Plan 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


Official website here: www.bctbenefitplans.com

What is the mission statement of Builders & Contractors Supplemental Insurance Plan Trust?

The Builders & Contractors Supplemental Insurance Plan Trust is committed to providing unemployment benefits for its participants. Their primary mission is to offer supplemental unemployment benefits to eligible employees of members within the Builders and Contractors Supplemental Unemployment Insurance Plan. This organization aims to provide a safety net for its participants during periods of unemployment, ensuring they receive additional support during challenging times.


Official website here: www.bctbenefitplans.com

Who is the CEO of Builders & Contractors Supplemental Insurance Plan Trust?

Jack Dykstra Ii is the Trustee of Builders & Contractors Supplemental Insurance Plan Trust.


Official website here: www.bctbenefitplans.com

What is the revenue of Builders & Contractors Supplemental Insurance Plan Trust?

Builders & Contractors Supplemental Insurance Plan Trust's revenue in 2022 was $7,405,331.


Official website here: www.bctbenefitplans.com

Who are the executives of Builders & Contractors Supplemental Insurance Plan Trust and what are their salaries?

There are 1023 employees at Builders & Contractors Supplemental Insurance Plan Trust.


Here are 7 key members and their salaries:


Kyle Brenner (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Dykstra Ii (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dean Leavitt (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Billy Martin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Mccormick (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacy Richardson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Theisen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bctbenefitplans.com

Where can I find the form 990 for Builders & Contractors Supplemental Insurance Plan Trust?

Builders & Contractors Supplemental Insurance Plan Trust's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bctbenefitplans.com

Learn more at the official website: www.bctbenefitplans.com

Mission Statement of Builders & Contractors Supplemental Insurance Plan Trust

The Builders & Contractors Supplemental Insurance Plan Trust is dedicated to providing a crucial service for its participants. At the heart of its mission, this organization offers supplemental unemployment benefits to eligible employees of its member businesses within the construction industry. This safety net aims to provide financial support during periods of unemployment, ensuring that workers are not left without resources during challenging times. By offering this benefit, the Builders & Contractors Supplemental Insurance Plan Trust contributes to the overall stability and well-being of its members' workforce, allowing them to weather unexpected job losses with a degree of financial security.

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

Builders & Contractors Supplemental Insurance Plan Trust plays a significant role in providing essential unemployment benefits to eligible employees within the construction and contracting sectors. By offering supplemental unemployment benefits, the Trust helps support workers during periods of job loss, ensuring they have financial assistance to bridge gaps in income. This focus on unemployment support helps stabilize the workforce in the industry, reducing the economic impact on individual workers and their families during difficult times.

Moreover, the Trust fosters a sense of security among employees, encouraging them to remain in the industry knowing that there is a safety net available should they face unemployment. By serving this vital function, Builders & Contractors Supplemental Insurance Plan Trust contributes to the overall resilience of the construction sector in communities throughout Michigan, particularly in Jenison, where it is based.




This information is meant to be a general summary of Builders & Contractors Supplemental Insurance Plan 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
$7,405,331 (2022)
Expenses
$6,919,998 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $123,968
  • Program Service Revenue: $7,281,363
  • Gross Receipts: $7,405,331

Assets and Liabilities:

  • Total Assets: $5,046,316
  • Total Liabilities: $533,628
  • Net Assets: $4,512,688

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$7,281,363

Organization Details

Founding Year

2007

Principal Officer

Jack Dykstra Ii

Main Address

PO BOX 825, JENISON, MI, 49429

NTEE Category

Code: Y24 - Mutual benefit

If you are a representative of Builders & Contractors Supplemental Insurance Plan 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.