Fringe Benefit Plan For Davis-Bacon And Related Acts Employees Of Servicesource

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

EIN: 276927830 ✦ Oakton, VA ✦ Designated as a 501(c)(9)

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Overview

What is Fringe Benefit Plan For Davis-Bacon And Related Acts Employees Of Servicesource?

The Fringe Benefit Plan for Davis-Bacon and Related Acts Employees of Servicesource is a nonprofit initiative, specifically designed to provide comprehensive medical, dental, vision, and prescription drug coverage for the employees and their dependents of Servicesource Inc. Based in Oakton, Virginia, this plan had 599 participants as of December 31, 2022. The primary objective of this plan is to ensure that substantially all Davis-Bacon and Related Acts (DBRA) employees of Servicesource Inc. have access to essential health benefits, enhancing their overall well-being.


Official website here: www.servicesource.org

Is Fringe Benefit Plan For Davis-Bacon And Related Acts Employees Of Servicesource legitimate?

Fringe Benefit Plan For Davis-Bacon And Related Acts Employees Of Servicesource is a legitimate nonprofit organization registered as a 501(c)(9) entity. Fringe Benefit Plan For Davis-Bacon And Related Acts Employees Of Servicesource 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.servicesource.org

What is the mission statement of Fringe Benefit Plan For Davis-Bacon And Related Acts Employees Of Servicesource?

The Fringe Benefit Plan for Davis-Bacon and Related Acts Employees of Servicesource aims to provide comprehensive medical insurance coverage and other qualified benefits to a substantial majority of its employees under the Davis-Bacon and Related Acts (DBRA). This plan covers the medical, dental, vision, and prescription drug expenses for the employees of Servicesource and their dependents. As of December 31, 2022, the plan had 599 participants. In essence, the mission of this plan is to ensure the health and well-being of its employees by providing them with essential medical benefits.


Official website here: www.servicesource.org

Who is the CEO of Fringe Benefit Plan For Davis-Bacon And Related Acts Employees Of Servicesource?

Nate Hoover is the Trustee of Fringe Benefit Plan For Davis-Bacon And Related Acts Employees Of Servicesource.


Official website here: www.servicesource.org

What is the revenue of Fringe Benefit Plan For Davis-Bacon And Related Acts Employees Of Servicesource?

Fringe Benefit Plan For Davis-Bacon And Related Acts Employees Of Servicesource's revenue in 2022 was $4,746,133.


Official website here: www.servicesource.org

Who are the executives of Fringe Benefit Plan For Davis-Bacon And Related Acts Employees Of Servicesource and what are their salaries?


There is 1 key member and their salary:


Nate Hoover (Trustee)
  • Compensation: $0
  • Related: $343,563
  • Other: $0


Official website here: www.servicesource.org

Where can I find the form 990 for Fringe Benefit Plan For Davis-Bacon And Related Acts Employees Of Servicesource?

Fringe Benefit Plan For Davis-Bacon And Related Acts Employees Of Servicesource's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.servicesource.org

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

Mission Statement of Fringe Benefit Plan For Davis-Bacon And Related Acts Employees Of Servicesource

The Fringe Benefit Plan for Davis-Bacon and Related Acts Employees of Servicesource is committed to providing extensive medical insurance coverage and various qualified benefits to substantially all employees falling under the Davis-Bacon and Related Acts (DBRA) of Servicesource, Inc. This plan serves as a crucial support system, ensuring that these employees and their dependents have their medical, dental, vision, and prescription drug expenses covered. As of December 31, 2022, this plan boasted 599 participants.

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Impact




October, 2024

The Fringe Benefit Plan for Davis-Bacon and Related Acts Employees of ServiceSource plays a crucial role in supporting the well-being of employees by providing essential medical insurance coverage and other qualified benefits. This plan is specifically designed to cover substantially all employees working under the Davis-Bacon and Related Acts (DBRA), ensuring they have access to necessary healthcare services.

By offering comprehensive benefits, including medical, dental, vision, and prescription drug coverage, the plan addresses the varied healthcare needs of employees and their dependents. As of December 31, 2022, the plan had 599 participants, reflecting its significant reach and importance within this workforce.

The provision of these benefits not only enhances the quality of life for employees but also contributes to a more stable and productive work environment. Access to healthcare can reduce absenteeism and improve overall job satisfaction, making the plan an essential component of the employment framework for DBRA workers. This emphasis on mutual benefit fosters a stronger, healthier community among employees, ultimately benefiting both the workers and the organization.




This information is meant to be a general summary of Fringe Benefit Plan For Davis-Bacon And Related Acts Employees Of Servicesource. 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
$4,746,133 (2022)
Expenses
$4,767,818 (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: $4,746,133
  • Gross Receipts: $4,746,133

Assets and Liabilities:

  • Total Assets: $99,099
  • Total Liabilities: $127,131
  • Net Assets: -$28,032

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$3,891,350

EMPLOYEE CONTRIBUTIONS

Revenue

$854,783

Organization Details

Founding Year

2011

Principal Officer

Nate Hoover

Main Address

10467 WHITE GRANITE DRIVE, OAKTON, VA, 22124

NTEE Category

Code: Y43 - Mutual benefit

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