Overview
What is Hensel Phelps Construction Co Employee Benefit Trust?
Hensel Phelps Construction Co Employee Benefit Trust is a nonprofit organization based in Dallas, Texas, with a mission to manage funds designated for providing health and welfare benefits to current and eligible former employees of Hensel Phelps Construction Company and their dependents. Established as a holding vehicle, the trust ensures the monies are utilized to enhance the well-being of the employees. With a workforce of around 26 individuals, the trust offers essential services to support the health and welfare of the employees of this construction company.
Is Hensel Phelps Construction Co Employee Benefit Trust legitimate?
Hensel Phelps Construction Co Employee Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Hensel Phelps Construction Co Employee Benefit 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
What is the mission statement of Hensel Phelps Construction Co Employee Benefit Trust?
The Hensel Phelps Construction Co Employee Benefit Trust was created to serve as a financial vessel for the provision of health and welfare benefits to the employees of Hensel Phelps Construction Company and their eligible dependents. Its primary goal is to ensure the well-being of current and former employees by managing funds designated for the payment of various benefits. This trust acts as a crucial support system, contributing to the overall health and financial security of those associated with the construction company.
Who is the CEO of Hensel Phelps Construction Co Employee Benefit Trust?
Sherrita Wade -Comerica Bank is the Vp & Trust Officer of Hensel Phelps Construction Co Employee Benefit Trust.
What is the revenue of Hensel Phelps Construction Co Employee Benefit Trust?
Hensel Phelps Construction Co Employee Benefit Trust's revenue in 2022 was $41,513,971.
Who are the executives of Hensel Phelps Construction Co Employee Benefit Trust and what are their salaries?
There are 26 employees at Hensel Phelps Construction Co Employee Benefit Trust.
There is 1 key member and their salary:
- Compensation: $6,000
- Related: $0
- Other: $0
Where can I find the form 990 for Hensel Phelps Construction Co Employee Benefit Trust?
Hensel Phelps Construction Co Employee Benefit Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hensel Phelps Construction Co Employee Benefit Trust
The Hensel Phelps Construction Co Employee Benefit Trust is a specialized trust that serves as a financial vessel to ensure the provision of health and welfare benefits for the employees of Hensel Phelps Construction Company and their dependents. Established with a distinct purpose, this trust operates as a dedicated entity to maintain funds for the sole intention of enhancing the well-being and overall quality of life for current and eligible former employees of Hensel Phelps Construction Company.
By acting as a trusted intermediary, the Hensel Phelps Construction Co Employee Benefit Trust assumes responsibility for facilitating the distribution of essential health and welfare benefits to its beneficiaries. This includes covering various expenses related to healthcare, insurance, and other related services that contribute significantly to the employees' and their families' well-being.
The trust's ultimate objective is to provide a safety net for Hensel Phelps Construction Company employees, ensuring they have access to critical benefits that promote their overall health and well-being. By managing the financial resources allocated for these benefits, the trust plays a vital role in safeguarding the future of the employees and their families.
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Impact
August, 2024
The Hensel Phelps Construction Co Employee Benefit Trust directly impacts the employees and eligible former employees of Hensel Phelps Construction Company by providing for the payment of health and welfare benefits to them and their dependents. This trust serves as a vital resource to ensure that the workforce and their families are supported in terms of their health and financial well-being. By holding monies designated for employee benefits, this trust plays a crucial role in safeguarding the welfare of those associated with Hensel Phelps Construction Company.
This information is meant to be a general summary of Hensel Phelps Construction Co Employee Benefit 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: $71,704
- Program Service Revenue: $41,442,267
- Gross Receipts: $41,513,971
Assets and Liabilities:
- Total Assets: $3,822,591
- Total Liabilities: $12,205
- Net Assets: $3,810,386
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRIBUTIONS
Revenue
$41,442,267
Organization Details
Founding Year
2009
Phone
(877) 829-5500Principal Officer
Sherrita Wade -Comerica Bank
Main Address
8850 BOEDECKER 5TH FLOOR, DALLAS, TX, 75225
NTEE Category
Code: Y43 - Mutual benefit
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