Overview
What is Armco Inc Supplemental B Unemployment?
Armco Inc Supplemental B Unemployment is a funding mechanism established to support a supplemental unemployment compensation plan for employees of AK Steel Company LP, formerly known as Armco Steel Company LP, during the current tax year. This initiative aims to provide financial assistance to workers who may lose their jobs or experience unemployment, offering additional benefits beyond the standard unemployment compensation program. The specific details of the plan, such as eligibility criteria and benefit amounts, are not provided in the information provided.
Is Armco Inc Supplemental B Unemployment legitimate?
Armco Inc Supplemental B Unemployment is a legitimate nonprofit organization registered as a 501(c)(17) entity. Armco Inc Supplemental B Unemployment 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: $3,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Armco Inc Supplemental B Unemployment?
Armco Inc Supplemental B Unemployment's primary objective is to provide funding for a supplemental unemployment compensation plan. This plan is designed to support employees of ARMCO Steel Company LP, now known as AK Steel Company LP. The purpose of this initiative is to offer additional financial assistance during periods of unemployment. The funding, provided annually, aims to alleviate some of the financial burden experienced by affected employees during unemployment. The plan's implementation serves as a safety net, providing a source of additional income during challenging times.
Who is the CEO of Armco Inc Supplemental B Unemployment?
Unavailable
What is the revenue of Armco Inc Supplemental B Unemployment?
Armco Inc Supplemental B Unemployment's revenue in 2022 was $2,509.
Who are the executives of Armco Inc Supplemental B Unemployment and what are their salaries?
There is 1 key member and their salary:
- Compensation: $3,000
- Related: $0
- Other: $0
Where can I find the form 990 for Armco Inc Supplemental B Unemployment?
Armco Inc Supplemental B Unemployment's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Armco Inc Supplemental B Unemployment
Armco Inc Supplemental B Unemployment, a funding entity, is committed to providing supplemental unemployment compensation for the employees of Armco Steel Company LP, now known as AK Steel Company LP. This mission is carried out by providing financial support for a supplemental unemployment plan, thus ensuring financial security for the company's workforce during periods of unemployment. The organization's activities are geared towards enhancing the well-being of its employees, offering them a safety net during challenging times. The mission of Armco Inc Supplemental B Unemployment is crucial in maintaining a stable workforce, as it demonstrates the organization's commitment to the financial and emotional well-being of its employees.
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Impact
October, 2024
Armco Inc Supplemental B Unemployment plays a critical role in providing financial support to employees of Armco Steel Company LP, now known as AK Steel Company LP. By funding the Supplemental Unemployment Compensation Plan, it helps to bridge the financial gap for workers who may face unemployment due to downsizing, closures, or other economic challenges.
This funding ensures that employees receive assistance during periods of unemployment, allowing them to maintain a degree of financial stability. This support not only helps individuals and their families but also contributes to the overall economic health of the community in Pittsburgh, PA, where the company operates.
Furthermore, the provision of supplemental unemployment benefits fosters a sense of security among employees, which can positively impact morale and job performance during stable employment periods. The mission to provide these benefits underscores the importance of mutual benefit and solidarity among workers, reinforcing the safety net for those affected by the uncertainties of the steel industry.
This information is meant to be a general summary of Armco Inc Supplemental B Unemployment. 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: $9
- Gross Receipts: $2,509
Assets and Liabilities:
- Total Assets: $428
- Total Liabilities: $0
- Net Assets: $428
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Organization Details
Founding Year
1989
Phone
(216) 222-8220Main Address
116 ALLEGHENY CENTER MALL P8YB3502L, PITTSBURGH, PA, 15212
NTEE Category
Code: Y20 - Mutual benefit
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