Employee Stock Ownership Plan Of Select Health Care Inc Trust

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

EIN: 276102475 ✦ Rome, GA ✦ Designated as a 501(c)(18)

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Overview

What is Employee Stock Ownership Plan Of Select Health Care Inc Trust?

The Employee Stock Ownership Plan of Select Health Care Inc Trust is a unique nonprofit organization that offers employee ownership and involvement in the success and advancement of the company. By providing a stake in the business, employees are encouraged to contribute to its growth and development. The trust's mission is to foster a sense of commitment and engagement among employees, ultimately benefiting the organization as a whole.

Is Employee Stock Ownership Plan Of Select Health Care Inc Trust legitimate?

Employee Stock Ownership Plan Of Select Health Care Inc Trust is a legitimate nonprofit organization registered as a 501(c)(18) entity. Employee Stock Ownership Plan Of Select Health Care Inc 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 Employee Stock Ownership Plan Of Select Health Care Inc Trust?

The Employee Stock Ownership Plan of Select Health Care Trust strives to give employees a stake in the organization's prosperity. By fostering ownership and participation among the workforce, the trust aspires to boost employee engagement and motivation. The plan aims to create a strong sense of community and commitment towards the company's growth and success. Through this employee-centric approach, the trust believes in empowering its workforce, ultimately contributing to the company's overall performance. The trust's primary goal is to align the interests of the employees and the organization, fostering a mutually beneficial relationship.

Who is the CEO of Employee Stock Ownership Plan Of Select Health Care Inc Trust?

Brad Bilbo is the President of Employee Stock Ownership Plan Of Select Health Care Inc Trust.

What is the revenue of Employee Stock Ownership Plan Of Select Health Care Inc Trust?

Employee Stock Ownership Plan Of Select Health Care Inc Trust's revenue in 2022 was $39,983,393.

Who are the executives of Employee Stock Ownership Plan Of Select Health Care Inc Trust and what are their salaries?


Here are 3 key members and their salaries:


Brad Bilbo (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Kimsey (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janice Morris (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Employee Stock Ownership Plan Of Select Health Care Inc Trust?

Employee Stock Ownership Plan Of Select Health Care Inc Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Employee Stock Ownership Plan Of Select Health Care Inc Trust

The Employee Stock Ownership Plan of Select Health Care Inc Trust, or ESOP Trust, is a unique initiative that sets out to give employees a stake in the company's prosperity. In simpler terms, this plan is designed to foster employee ownership and involvement in the organization's achievements and expansion.

By granting employees a share of the company's stocks, the ESOP Trust aims to create a strong sense of commitment and engagement among the workforce. Employees, in turn, are incentivized to work towards the organization's success, as they directly benefit from its growth. This employee-owned structure fosters a collaborative work environment, where every team member feels a personal connection to the company's mission and goals.

Moreover, the ESOP Trust's mission extends beyond merely providing financial gains to employees. It also seeks to instill a sense of pride and ownership among the workforce, as they become active participants in the organization's journey. This, in turn, can lead to improved morale, increased productivity, and a more committed and motivated team.

In summary, the Employee Stock Ownership Plan of Select Health Care Inc Trust is an innovative approach to employee engagement. By providing employees with a stake in the company's success, it fosters a strong sense of commitment, collaboration, and motivation among the workforce. This, in turn, can lead to better performance, increased productivity, and a more cohesive and engaged team.

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Impact




October, 2024

The Employee Stock Ownership Plan of Select Health Care Inc Trust significantly impacts both the employees and the organization itself by fostering a culture of ownership and engagement. By enabling employees to hold shares in the company, it enhances their stake in the organization's success and growth.

This ownership model not only motivates employees to perform at their best but also aligns their interests with the long-term goals of the company. With a vested interest in the company's performance, employees are likely to be more committed, resulting in higher productivity, loyalty, and job satisfaction. Additionally, the plan encourages employees to contribute to the company's success through their roles, leading to innovative ideas and improved operational efficiencies.

Furthermore, employee ownership can help in attracting and retaining talented individuals, as it offers them a sense of security and investment in their workplace. This can be particularly beneficial in competitive job markets. Overall, the Employee Stock Ownership Plan of Select Health Care Inc Trust serves to cultivate a collaborative work environment where employees feel valued and empowered to contribute to the organization's overall success.




This information is meant to be a general summary of Employee Stock Ownership Plan Of Select Health Care Inc 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
$39,983,393 (2022)
Expenses
$43,140,932 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $468,229
  • Gross Receipts: $39,983,393

Assets and Liabilities:

  • Total Assets: $1,513,085
  • Total Liabilities: $0
  • Net Assets: $1,513,085

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Organization Details

Founding Year

2009

Principal Officer

Brad Bilbo

Main Address

315 WEST 10TH ST, ROME, GA, 30165

NTEE Category

Code: Z99 - Unknown

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