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:
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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:
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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.
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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.
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
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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
Phone
(877) 924-3228Principal Officer
Jack Dykstra Ii
Main Address
PO BOX 825, JENISON, MI, 49429
Website
www.bctbenefitplans.comNTEE Category
Code: Y24 - Mutual benefit
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