Lancaster Colony Corporation Hourly Employees' Benefit Trust

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

EIN: 311011215 ✦ Westerville, OH ✦ Designated as a 501(c)(9)

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Overview

What is Lancaster Colony Corporation Hourly Employees' Benefit Trust?

The Lancaster Colony Corporation Hourly Employees' Benefit Trust is a nonprofit organization dedicated to providing health and welfare benefits to its members. Based on the provided information, the Trust's primary mission revolves around offering essential services, ensuring the well-being of its members. They have not shared further details about their activities, reach, or employee count. However, their commitment to health and welfare benefits is clear.

Is Lancaster Colony Corporation Hourly Employees' Benefit Trust legitimate?

Lancaster Colony Corporation Hourly Employees' Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Lancaster Colony Corporation Hourly Employees' 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 Lancaster Colony Corporation Hourly Employees' Benefit Trust?

The Lancaster Colony Corporation Hourly Employees' Benefit Trust is dedicated to delivering health and welfare benefits to its members. The organization's primary mission is to enhance the wellbeing of its constituents by providing essential coverage and services. Through the trust, members gain access to a range of benefits designed to support their overall health and financial security. The trust strives to ensure that its offerings are comprehensive and tailored to the unique needs of hourly employees. By focusing on the provision of vital benefits, the trust plays a crucial role in promoting the health and welfare of those it serves.

Who is the CEO of Lancaster Colony Corporation Hourly Employees' Benefit Trust?

Thomas Pigott is the Principal Officer of Lancaster Colony Corporation Hourly Employees' Benefit Trust.

What is the revenue of Lancaster Colony Corporation Hourly Employees' Benefit Trust?

Lancaster Colony Corporation Hourly Employees' Benefit Trust's revenue in 2022 was $15,728,163.

Who are the executives of Lancaster Colony Corporation Hourly Employees' Benefit Trust and what are their salaries?


There is 1 key member and their salary:


Huntington National Bank (Trustee)
  • Compensation: $3,000
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lancaster Colony Corporation Hourly Employees' Benefit Trust?

Lancaster Colony Corporation Hourly Employees' Benefit Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Lancaster Colony Corporation Hourly Employees' Benefit Trust

The Lancaster Colony Corporation Hourly Employees' Benefit Trust is a mission-driven organization dedicated to providing essential health and welfare benefits to its members. In simple terms, this trust serves as a safety net for the hourly workforce of Lancaster Colony Corporation, ensuring they have access to vital resources that enhance their overall wellbeing.

By offering health and welfare benefits, the Trust goes beyond the scope of typical employment compensation. It strives to create a sense of security for its members, allowing them to focus on their personal and professional growth without the added stress of worrying about their well-being. The trust's commitment to its members' health extends beyond medical coverage, as it also aims to address various aspects of their welfare.

As a caring and supportive entity, the Lancaster Colony Corporation Hourly Employees' Benefit Trust plays a pivotal role in improving the lives of its members. By providing these essential benefits, it not only helps individuals access necessary healthcare but also contributes to the overall well-being and morale of the workforce. The organization's unwavering dedication to its members ultimately fosters a strong and cohesive work community.

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Impact




October, 2024

The Lancaster Colony Corporation Hourly Employees' Benefit Trust plays a vital role in providing health and welfare benefits to its members. By ensuring access to essential healthcare services and resources, the Trust contributes to the overall well-being and financial security of hourly employees. This support not only enhances the quality of life for individuals and their families but also fosters a more productive and engaged workforce.

As a mutual benefit organization, the Trust facilitates a collaborative approach to employee welfare, allowing participants to collectively address their health and welfare needs. Situated in Westerville, Ohio, the Trust's mission underscores its commitment to ensuring that members receive necessary benefits, ultimately promoting a healthier and more secure community. This focus on employee well-being can lead to increased job satisfaction, reduced turnover, and improved morale within the workplace, benefiting both the employees and the Lancaster Colony Corporation as a whole.




This information is meant to be a general summary of Lancaster Colony Corporation Hourly Employees' 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
$15,728,163 (2022)
Expenses
$15,623,671 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $10,397
  • Program Service Revenue: $15,717,766
  • Gross Receipts: $15,728,163

Assets and Liabilities:

  • Total Assets: $1,150,741
  • Total Liabilities: $0
  • Net Assets: $1,150,741

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$12,644,647

EMPLOYEE CONTRIBUTIONS

Revenue

$3,073,119

Organization Details

Founding Year

1979

Principal Officer

Thomas Pigott

Main Address

380 POLARIS PARKWAY 400, WESTERVILLE, OH, 43082

NTEE Category

Code: Y40 - Mutual benefit

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