Overview
What is Deere & Company Welfare Benefit Trust 1?
Deere & Company Welfare Benefit Trust #1 is a fraternal beneficiary society and employees association headquartered in Pittsburgh, PA. They serve as a nonprofit organization dedicated to providing essential benefits to eligible members. As a voluntary association, they aim to uphold the wellbeing of their members through their mission.
What are the reviews and ratings of this charity?
Deere & Company Welfare Benefit Trust 1 is not currently rated by Charity Navigator. This lack of rating is not an indication of the organization's performance but rather reflects that a formal evaluation has not been conducted due to its status as a non-501(c)(3) entity. Charity Navigator typically evaluates organizations with an IRS 501(c)(3) status which limits its ability to assess this trust.
The organization falls outside the typical assessment criteria used by Charity Navigator, such as Accountability & Finance and Impact & Measurement due to its non-501(c)(3) status. As a result, specific financial data like total revenue, expenses, and salary of key persons are unavailable, leaving gaps in understanding the trust's financial efficiency and transparency.
Given the absence of user reviews on GreatNonprofits and the non-applicability of Charity Navigator's standard evaluation methods, forming a detailed appraisal of Deere & Company Welfare Benefit Trust 1's overall impact and operations is challenging for potential contributors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Deere & Company Welfare Benefit Trust 1 legitimate?
Deere & Company Welfare Benefit Trust #1 is a legitimate nonprofit organization registered as a 501(c)(9) entity. Deere & Company Welfare Benefit Trust #1 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: $62,951
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Deere & Company Welfare Benefit Trust 1?
Deere & Company Welfare Benefit Trust #1 serves as a fraternal beneficiary society and voluntary employees association. The primary objective of this organization is to offer benefits to eligible members. By providing these advantages, the Trust aims to enhance the well-being and livelihood of those it serves. The mission is carried out through a sense of community and solidarity among its members. The Trust's goal is to create a supportive network where individuals can rely on each other and the organization for essential assistance. The benefits offered cover a range of needs, ensuring that members have access to vital resources. The organization's dedication to providing benefits strengthens the bonds within the community and fosters a sense of security and stability for its members.
Who is the CEO of Deere & Company Welfare Benefit Trust 1?
The Bank Of New York Mellon is the Trustee (See Schedule O) of Deere & Company Welfare Benefit Trust #1.
What is the revenue of Deere & Company Welfare Benefit Trust 1?
Deere & Company Welfare Benefit Trust 1's revenue in 2022 was $1,183,141,603.
Who are the executives of Deere & Company Welfare Benefit Trust 1 and what are their salaries?
There is 1 key member and their salary:
- Compensation: $62,951
- Related: $0
- Other: $0
Where can I find the form 990 for Deere & Company Welfare Benefit Trust 1?
Deere & Company Welfare Benefit Trust 1's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Deere & Company Welfare Benefit Trust 1
Deere and Company Welfare Benefit Trust #1, headquartered as a fraternal beneficiary society and voluntary employees association, is dedicated to extending support and benefits to its eligible members. This trust, with a mission centered around generosity, aims to make a meaningful difference in the lives of those it serves.
By providing benefits, Deere and Company Welfare Benefit Trust #1 fosters a sense of community and solidarity among its members. It is an organization that prioritizes the well-being of its members and strives to offer them essential assistance when they need it most.
The mission of Deere and Company Welfare Benefit Trust #1 is to offer a helping hand and ensure that its members have access to the resources they require to overcome various challenges. The trust's commitment extends beyond just financial support, as it also focuses on creating an inclusive and supportive environment for its members. This commitment allows the Trust to make a significant impact on the lives of its members, ultimately enriching their experiences and fostering a strong sense of belonging.
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Impact
October, 2024
Deere & Company Welfare Benefit Trust 1 plays a critical role in enhancing the well-being of its members by providing valuable benefits tailored to their needs. Located in Pittsburgh, PA, this organization operates as a fraternal beneficiary society and voluntary employees association, focusing on creating a supportive community for eligible members.
Through its mission, the Trust aims to deliver various benefits, which can include financial assistance, health-related services, and support initiatives. This focus not only strengthens the social fabric among its members but also fosters a sense of security and belonging. By prioritizing members' welfare, Deere & Company Welfare Benefit Trust 1 significantly contributes to improving their quality of life—helping them navigate challenges and enhancing their overall resilience.
In summary, the Trust's impact is evident in its commitment to mutual benefit, providing essential support and resources that empower its members in meaningful ways.
This information is meant to be a general summary of Deere & Company Welfare Benefit Trust 1. 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: $145,811,544
- Program Service Revenue: $1,000,000,000
- Gross Receipts: $3,346,091,510
Assets and Liabilities:
- Total Assets: $2,353,833,712
- Total Liabilities: $25,690,630
- Net Assets: $2,328,143,082
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$1,000,000,000
Organization Details
Founding Year
2004
Phone
(412) 234-2242Principal Officer
The Bank Of New York Mellon
Main Address
C/O THE BNYM PO BOX 535007, PITTSBURGH, PA, 152535007
NTEE Category
Code: Y43 - Mutual benefit
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