Newfields Companies Llc Voluntary Employee Benefit Assoc Trust

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

EIN: 274182894 ✦ Atlanta, GA ✦ Designated as a 501(c)(9)

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Overview

What is Newfields Companies Llc Voluntary Employee Benefit Assoc Trust?

Newfields Companies Llc Voluntary Employee Benefit Assoc Trust is a nonprofit organization situated in Atlanta, Georgia, specifically at 1349 W Peachtree St 1950. Its primary purpose is to offer health care benefits to its contributors, as outlined in its trust document and benefit contracts. This organization falls under the category of a voluntary employees' beneficiary association, which is established to provide life, sickness, accident, and related benefits to its members or their dependents or designated beneficiaries.

Is Newfields Companies Llc Voluntary Employee Benefit Assoc Trust legitimate?

Newfields Companies Llc Voluntary Employee Benefit Assoc Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Newfields Companies Llc Voluntary Employee Benefit Assoc 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 Newfields Companies Llc Voluntary Employee Benefit Assoc Trust?

The Newfields Companies Llc Voluntary Employee Benefit Assoc Trust is an organization established to offer voluntary employee benefits. Its primary mission is to provide life, sickness, and accident-related benefits to its members, their dependents, or designated beneficiaries. The association operates based on a trust document and benefit contracts, which outline the health care benefits offered to its contributors. The organization's purpose is to support its members during challenging times by providing necessary financial assistance.

Who is the CEO of Newfields Companies Llc Voluntary Employee Benefit Assoc Trust?

Lisa Maguire is the Trustee of Newfields Companies Llc Voluntary Employee Benefit Assoc Trust.

What is the revenue of Newfields Companies Llc Voluntary Employee Benefit Assoc Trust?

Newfields Companies Llc Voluntary Employee Benefit Assoc Trust's revenue in 2022 was $2,723,262.

Who are the executives of Newfields Companies Llc Voluntary Employee Benefit Assoc Trust and what are their salaries?


Here are 2 key members and their salaries:


William L Hall (Trustee)
  • Compensation: $0
  • Related: $544,101
  • Other: $0
Eric J Salnas (Trustee)
  • Compensation: $0
  • Related: $359,384
  • Other: $0
Where can I find the form 990 for Newfields Companies Llc Voluntary Employee Benefit Assoc Trust?

Newfields Companies Llc Voluntary Employee Benefit Assoc Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Newfields Companies Llc Voluntary Employee Benefit Assoc Trust

Newfields Companies Llc Voluntary Employee Benefit Assoc Trust is a voluntary employees' beneficiary association, dedicate to providing life, sick, and accident benefits to its members or their dependents or designated beneficiaries. The organization's primary mission is to offer financial support in these areas to its contributing members, as outlined in their trust document and benefit contracts. By doing so, Newfields Companies Llc Voluntary Employee Benefit Assoc Trust aims to provide peace of mind and security for its members during challenging times, ensuring they have the necessary resources to manage unexpected health issues or tragedies.

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Impact




October, 2024

Newfields Companies LLC Voluntary Employee Benefit Association Trust provides essential financial support through health care benefits and similar services to its members, their dependents, and designated beneficiaries. By organizing a structure that focuses on life insurance, sick benefits, and accident coverage, the Trust plays a crucial role in enhancing the financial security and well-being of its contributors. This organization effectively addresses the healthcare needs of its members, ensuring they have access to necessary benefits during times of illness or unforeseen circumstances. Operating in Atlanta, Georgia, its mission fosters a sense of mutual benefit, reinforcing community and solidarity among employees by providing the tools needed to navigate health-related challenges. The Trust ultimately aids in promoting a healthier and more secure environment for its members, contributing to their overall quality of life.




This information is meant to be a general summary of Newfields Companies Llc Voluntary Employee Benefit Assoc 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
$2,723,262 (2022)
Expenses
$2,964,299 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $411
  • Program Service Revenue: $2,722,851
  • Gross Receipts: $2,723,262

Assets and Liabilities:

  • Total Assets: $522,377
  • Total Liabilities: $572,430
  • Net Assets: -$50,053

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Programs

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

Sponsors Contributions

Revenue

$2,009,696

Participants Contribut

Revenue

$713,155

Organization Details

Founding Year

2011

Principal Officer

Lisa Maguire

Main Address

1349 W Peachtree St 1950, Atlanta, GA, 30309

NTEE Category

Code: Y43 - Mutual benefit

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