Overview
What is Union Bank And Trust Company Welfare Benefits Trust?
Union Bank and Trust Company Welfare Benefits Trust is a nonprofit entity based in Lincoln, Nebraska. Its primary purpose is to manage and administer funds for offering health, welfare, and related benefits to eligible employees and their beneficiaries. The trust adheres to the provisions of the Union Bank and Trust Company Welfare Benefits Plan, ensuring compliance with relevant legal restrictions, such as Code Section 501(c)(9). By providing these benefits, the trust aims to support the well-being of its beneficiaries, thereby contributing positively to their overall quality of life.
Is Union Bank And Trust Company Welfare Benefits Trust legitimate?
Union Bank And Trust Company Welfare Benefits Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Union Bank And Trust Company Welfare 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
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What is the mission statement of Union Bank And Trust Company Welfare Benefits Trust?
The Union Bank And Trust Company Welfare Benefits Trust is dedicated to managing and overseeing the assets intended for the Union Bank and Trust Company Welfare Benefits Plan. This plan offers health, welfare, and related benefits to eligible employees and their beneficiaries. The Trust is responsible for administering the funds in accordance with the provisions of the Union Bank and Trust Company Welfare Benefits Plan and relevant legal restrictions. The primary goal is to ensure the proper distribution of benefits to the eligible individuals as outlined in the plan.
Who is the CEO of Union Bank And Trust Company Welfare Benefits Trust?
Angie Muhleisen is the Principal Officer of Union Bank And Trust Company Welfare Benefits Trust.
What is the revenue of Union Bank And Trust Company Welfare Benefits Trust?
Union Bank And Trust Company Welfare Benefits Trust's revenue in 2022 was $10,906,727.
Who are the executives of Union Bank And Trust Company Welfare Benefits Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Union Bank And Trust Company Welfare Benefits Trust?
Union Bank And Trust Company Welfare Benefits Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Union Bank And Trust Company Welfare Benefits Trust
Union Bank and Trust Company Welfare Benefits Trust is dedicated to managing and overseeing the resources allocated for the Union Bank and Trust Company Welfare Benefits Plan. The primary objective of this trust is to offer health, welfare, and related benefits to eligible employees and their dependents. The trust adheres to the guidelines outlined in Code Section 501(c)(9) and other relevant legislations, ensuring the beneficial use of the funds for the provision of benefits as stipulated in the Union Bank and Trust Company Welfare Benefits Plan.
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Impact
October, 2024
Union Bank And Trust Company Welfare Benefits Trust plays a critical role in supporting the well-being of employees and their beneficiaries. By maintaining and administering the net assets of the UBT Welfare Benefits Plan, the Trust ensures that eligible individuals have access to essential health and welfare benefits. This not only contributes to the financial stability of employees but also enhances their overall quality of life, promoting a healthier and more secure workforce.
The Trust operates under the regulations of Code Section 501(c)(9) and other applicable laws, which ensures that the benefits are managed responsibly and in compliance with legal requirements. By effectively overseeing the funds, the Trust safeguards the benefits intended for employees and their families, ultimately fostering a supportive work environment. In turn, this can lead to improved employee morale, retention, and productivity, benefiting not only the individuals but also the organization as a whole.
In summary, the impact of Union Bank And Trust Company Welfare Benefits Trust is profound, as it directly influences the health and welfare of employees, contributing to a more engaged and productive workforce in Lincoln, NE.
This information is meant to be a general summary of Union Bank And Trust Company Welfare 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $4,070
- Program Service Revenue: $10,522,878
- Gross Receipts: $10,906,727
Assets and Liabilities:
- Total Assets: $1,361,028
- Total Liabilities: $1,224,499
- Net Assets: $136,529
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ASSESSMENTS TO MEMBERS
Revenue
$10,522,878
Organization Details
Founding Year
2010
Phone
(402) 323-1783Principal Officer
Angie Muhleisen
Main Address
4243 Pioneer Woods Drive, Lincoln, NE, 685067550
NTEE Category
Code: Y43 - Mutual benefit
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