Accra-Fab Inc Employee Benefits Trust

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

EIN: 266150766 ✦ Liberty lake, WA ✦ Designated as a 501(c)(9)

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Overview

What is Accra-Fab Inc Employee Benefits Trust?

Accra-Fab Inc Employee Benefits Trust is a nonprofit entity based in Liberty Lake, Washington. Its primary mission is to offer medical benefits to its employees and eligible dependents. In pursuit of this goal, the trust established a VEBAs (Voluntary Employees' Beneficiary Associations) trust under Section 501(c)(9) of the Internal Revenue Code. During 2022, the trust provided $676,072 worth of health benefits to its participants. This trust serves as a valuable resource for Accra-Fab Inc employees, ensuring they receive essential medical coverage.


Official website here: www.accrafab.com

Is Accra-Fab Inc Employee Benefits Trust legitimate?

Accra-Fab Inc Employee Benefits Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Accra-Fab Inc Employee Benefits 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.accrafab.com

What is the mission statement of Accra-Fab Inc Employee Benefits Trust?

The Accra-Fab Inc Employee Benefits Trust was established with the primary objective of providing medical benefits to its eligible employees and covered dependents. The trust, functioning under Section 501(C)(9) of the Internal Revenue Code, serves this purpose by offering health benefits from the VEBA Trust fund. During the year 2022, the VEBA Trust distributed $676,072 worth of health benefits to its participants, demonstrating its commitment to fulfilling this mission.


Official website here: www.accrafab.com

Who is the CEO of Accra-Fab Inc Employee Benefits Trust?

Greg Konkol is the Trustee of Accra-Fab Inc Employee Benefits Trust.


Official website here: www.accrafab.com

What is the revenue of Accra-Fab Inc Employee Benefits Trust?

Accra-Fab Inc Employee Benefits Trust's revenue in 2022 was $731,000.


Official website here: www.accrafab.com

Who are the executives of Accra-Fab Inc Employee Benefits Trust and what are their salaries?


Here are 2 key members and their salaries:


Greg Konkol (Trustee)
  • Compensation: $0
  • Related: $154,404
  • Other: $5,492
Don Hemmer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.accrafab.com

Where can I find the form 990 for Accra-Fab Inc Employee Benefits Trust?

Accra-Fab Inc Employee Benefits Trust's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.accrafab.com

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

Mission Statement of Accra-Fab Inc Employee Benefits Trust

Accra-Fab Inc Employee Benefits Trust, as its name suggests, is a trust established with the primary exempt purpose of providing medical benefits to its eligible employees and their covered dependents. The organization operates under Section 501(C)(9) of the Internal Revenue Code, and its mission is to administer health benefits through a VEBA trust. In 2022, this trust provided a total of $676,072 in medical benefits to its participants, demonstrating its commitment to the wellbeing of its employees. The trust serves as a vital resource for the employees of Accra-Fab Inc, ensuring they have access to essential healthcare services.

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Impact




October, 2024

Accra-Fab Inc Employee Benefits Trust significantly impacts its participants by ensuring access to essential medical benefits. In 2022 alone, the trust provided $676,072 in health benefits to eligible employees and their covered dependents, reflecting a strong commitment to the well-being of its workforce. By establishing a Voluntary Employees' Beneficiary Association (VEBA) trust, Accra-Fab Inc enables employees to receive health benefits under IRS Code Section 501(c)(9). This initiative not only enhances employee satisfaction and retention but also fosters a healthier workforce, which can contribute to improved productivity and morale within the organization. The support provided through this trust underscores the importance of mutual benefit and shared responsibility between the employer and employees in maintaining health and wellness.




This information is meant to be a general summary of Accra-Fab Inc Employee Benefits 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
$731,000 (2022)
Expenses
$703,157 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $731,000
  • Gross Receipts: $731,000

Assets and Liabilities:

  • Total Assets: $56,565
  • Total Liabilities: $0
  • Net Assets: $56,565

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Programs

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

PARTICIPANT AND EMPLOY

Revenue

$731,000

Organization Details

Founding Year

2008

Principal Officer

Greg Konkol

Main Address

PO BOX 641, LIBERTY LAKE, WA, 99019

NTEE Category

Code: Y20 - Mutual benefit

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