Versability Resources Inc Fringe Benefit Plan

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

EIN: 276203765 ✦ Hampton, VA ✦ Designated as a 501(c)(9)

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Overview

What is Versability Resources Inc Fringe Benefit Plan?

Versability Resources Inc Fringe Benefit Plan is a trust committed to offering additional perks to its eligible employees who are covered under the Service Contract Act. The plan ensures that employee benefits, encompassing health, dental, vision, life, and short-term disability insurance, as well as paid time off, adhere to the mandatory minimum prevailing wage rates as stipulated by the Act. The primary role of this trust is to provide these fringe benefits to its employees, thereby enhancing their overall work experience and well-being.


Official website here: www.versability.org

Is Versability Resources Inc Fringe Benefit Plan legitimate?

Versability Resources Inc Fringe Benefit Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Versability Resources Inc Fringe Benefit Plan 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.versability.org

What is the mission statement of Versability Resources Inc Fringe Benefit Plan?

The Versability Resources Inc Fringe Benefit Plan's primary objective is to offer supplementary benefits to its eligible employees, as stipulated by the Service Contract Act. These benefits encompass essential services such as health, dental, vision, life, and short-term disability insurance, as well as paid time off. The plan is designed to ensure these benefits meet the minimum prevailing wage rates as mandated under the Act. The plan's purpose is to enhance the overall employee welfare and compensation package.


Official website here: www.versability.org

Who is the CEO of Versability Resources Inc Fringe Benefit Plan?

Kathryn J Grzelkowski is the Trustee of Versability Resources Inc Fringe Benefit Plan.


Official website here: www.versability.org

What is the revenue of Versability Resources Inc Fringe Benefit Plan?

Versability Resources Inc Fringe Benefit Plan's revenue in 2022 was $648,753.


Official website here: www.versability.org

Who are the executives of Versability Resources Inc Fringe Benefit Plan and what are their salaries?

There 10 volunteers at Versability Resources Inc Fringe Benefit Plan.


Here are 2 key members and their salaries:


Kathryn J Grzelkowski (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tammy Robbs (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.versability.org

Where can I find the form 990 for Versability Resources Inc Fringe Benefit Plan?

Versability Resources Inc Fringe Benefit Plan's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.versability.org

Learn more at the official website: www.versability.org

Mission Statement of Versability Resources Inc Fringe Benefit Plan

Versability Resources Inc's Fringe Benefit Plan is dedicated to providing supplementary benefits to employees who fall under the Service Contract Act. To ensure compliance with the act, the plan offers a range of employee benefits, including health, dental, vision, life, and short-term disability insurance, as well as paid time off. These benefits are all required to meet the minimum prevailing wage rates as mandated under the Service Contract Act. By offering these benefits, Versability Resources Inc's Fringe Benefit Plan aims to enhance the overall well-being and compensation of its covered employees, contributing to their overall job satisfaction and productivity.

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Impact




October, 2024

The Versability Resources Inc Fringe Benefit Plan plays a crucial role in supporting employees covered by the Service Contract Act. By providing essential fringe benefits such as health, dental, vision, life insurance, short-term disability insurance, and paid time off, the plan ensures that employees receive necessary support that is aligned with minimum prevailing wage rates.

This comprehensive approach not only enhances the overall well-being of the workforce but also promotes job satisfaction and stability. Employees benefit from a safety net of resources that can alleviate financial stress, ultimately contributing to improved productivity and morale in the workplace. The plan's commitment to meeting and exceeding the requirements of the Service Contract Act underscores its importance in fostering a fair and supportive environment for employees in Hampton, VA.




This information is meant to be a general summary of Versability Resources Inc Fringe Benefit Plan. 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
$648,753 (2022)
Expenses
$676,706 (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: $648,753
  • Gross Receipts: $648,753

Assets and Liabilities:

  • Total Assets: $184,462
  • Total Liabilities: $327,466
  • Net Assets: -$143,004

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Programs

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

EMPLOYEE CONTRIBUTIONS

Revenue

$49,248

EMPLOYER CONTRIBUTIONS

Revenue

$599,505

Organization Details

Founding Year

2009

Principal Officer

Kathryn J Grzelkowski

Main Address

2520 58TH STREET, HAMPTON, VA, 23661

NTEE Category

Code: Y40 - Mutual benefit

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