Central Supply Coinc Employee Benefit Trust

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

EIN: 310992764 ✦ Indianapolis, IN ✦ Designated as a 501(c)(9)

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Overview

What is Central Supply Coinc Employee Benefit Trust?

Central Supply Coinc Employee Benefit Trust is a nonprofit organization situated in Indianapolis, Indiana. Its primary focus is providing comprehensive medical care benefits, including hospital, surgical, and major medical coverage, as well as offering weekly disability benefits to its members. The organization's mission revolves around offering these essential health benefits to its members, aiming to support their well-being.

Is Central Supply Coinc Employee Benefit Trust legitimate?

Central Supply Coinc Employee Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Central Supply Coinc Employee Benefit 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 Central Supply Coinc Employee Benefit Trust?

The Central Supply Coinc Employee Benefit Trust is dedicated to providing comprehensive medical care benefits, specifically covering hospital, surgical, and major medical expenses. Additionally, they offer weekly disability benefits as part of their services. In essence, their mission is to safeguard the health and financial well-being of their beneficiaries during medical emergencies and periods of disability.

What is the revenue of Central Supply Coinc Employee Benefit Trust?

Central Supply Coinc Employee Benefit Trust's revenue in 2023 was $3,541,528.

Who are the executives of Central Supply Coinc Employee Benefit Trust and what are their salaries?

Here are 2 key members and their salaries:


Central Supply Company Inc (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph D Hughes (Plan Admin.)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Central Supply Coinc Employee Benefit Trust?

Central Supply Coinc Employee Benefit Trust's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Central Supply Coinc Employee Benefit Trust

Central Supply Coinc Employee Benefit Trust is a fund dedicated to providing group medical care benefits, specifically for hospital, surgical, and major medical needs. This nonprofit organization also offers weekly disability benefits to its members. By offering these benefits, Central Supply Coinc Employee Benefit Trust aims to provide financial support and assistance to its employees during times of medical emergencies and temporary disability. This mission is crucial in ensuring that individuals can access necessary medical care without facing undue financial burden. The trust's focus on group medical care and disability benefits demonstrates its commitment to the well-being and financial security of its members.

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Impact




October, 2024

Central Supply Coinc Employee Benefit Trust plays a crucial role in providing group medical care and weekly disability benefits to its members. By offering comprehensive hospital, surgical, and major medical benefits, it ensures that employees have access to necessary healthcare services, thereby promoting overall well-being. This financial support can alleviate the burden of medical expenses, allowing employees to focus on their health and productivity without the stress of unaffordable healthcare costs. Additionally, the trust supports workers during times of disability, which can be vital for maintaining financial stability during recovery. Overall, its impact fosters a healthier workforce, enhancing employee morale and retention, while contributing to a more secure and supportive workplace environment.




This information is meant to be a general summary of Central Supply Coinc Employee Benefit 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
$3,541,528 (2023)
Expenses
$3,230,450 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $3,541,528
  • Gross Receipts: $3,541,528

Assets and Liabilities:

  • Total Assets: $310,006
  • Total Liabilities: $126,252
  • Net Assets: $183,754

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$2,380,017

REINSURANCE RECEIPTS

Revenue

$753,351

EMPLOYEE, RETIREE, COB

Revenue

$304,708

REFUNDS INCOME

Revenue

$103,452

Organization Details

Founding Year

1975

Principal Officer

Joseph D Hughes

NTEE Category

Code: Y40 - Mutual benefit

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