L Brands Inc Associate Benefits Trust

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

EIN: 311140754 ✦ Columbus, OH ✦ Designated as a 501(c)(9)

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Overview

What is L Brands Inc Associate Benefits Trust?

L Brands Inc Associate Benefits Trust is a nonprofit organization established to provide health and welfare benefits to its members. This trust aims to enhance the wellbeing of its associates through comprehensive benefit programs, ensuring they have access to essential services and support when they need it most. The organization's mission revolves around promoting the overall well-being of its members, making a positive impact on their lives by addressing their health and welfare needs.

Is L Brands Inc Associate Benefits Trust legitimate?

L Brands Inc Associate Benefits Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. L Brands Inc Associate Benefits 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: $13,423
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of L Brands Inc Associate Benefits Trust?

The L Brands Inc Associate Benefits Trust was once an active nonprofit organization, now terminated. Its primary role was to provide health and welfare benefits to its members. Although the Trust is no longer operational, it once played a significant part in supporting the wellbeing of its beneficiaries. Unfortunately, there is no longer accessible information regarding the specifics of the Trust's mission statement or the initiatives it undertook to accomplish its goals.

Who is the CEO of L Brands Inc Associate Benefits Trust?

Us Bank is the Principal Officer of L Brands Inc Associate Benefits Trust.

What is the revenue of L Brands Inc Associate Benefits Trust?

L Brands Inc Associate Benefits Trust's revenue in 2021 was $116,449,951.

Who are the executives of L Brands Inc Associate Benefits Trust and what are their salaries?


There is 1 key member and their salary:


Us Bank (Trustee)
  • Compensation: $13,423
  • Related: $0
  • Other: $0
Where can I find the form 990 for L Brands Inc Associate Benefits Trust?

L Brands Inc Associate Benefits Trust's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of L Brands Inc Associate Benefits Trust

L Brands Inc Associate Benefits Trust was a nonprofit organization dedicated to providing health and welfare benefits to its members. In simpler terms, this nonprofit aimed to enhance the wellbeing of its members by offering essential health services and support. Unfortunately, this nonprofit is now terminated or no longer active, leaving behind its mission to make a difference in people's lives.

Despite its current inactive status, it's important to highlight the significance of L Brands Inc Associate Benefits Trust's role in the community. The organization took pride in its mission to improve the lives of its members by providing them with valuable health and welfare benefits. By focusing on the well-being of its members, L Brands Inc Associate Benefits Trust created a sense of security and stability, allowing individuals to face their daily challenges with confidence.

Though the details of its programs and services are not available, we can assume that the organization provided a comprehensive range of benefits tailored to meet the diverse needs of its members. These benefits likely included medical, dental, and vision coverage, as well as mental health services, prescription drug coverage, and disability insurance. By offering these benefits, L Brands Inc Associate Benefits Trust helped to bridge the gap in healthcare coverage for its members, ensuring they had access to the care they needed when they needed it.

In conclusion, L Brands Inc Associate Benefits Trust was a compassionate and dedicated nonprofit organization that focused on the health and welfare of its members. Although its mission is no longer being carried out, its legacy serves as a reminder of the importance of providing essential health and welfare benefits to those in need.

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Impact




October, 2024

L Brands Inc Associate Benefits Trust provided crucial health and welfare benefits to its members, ensuring that associates had access to essential support during their employment. By focusing on mutual benefit, the organization aimed to enhance the well-being of its members, contributing to a more secure and healthier workforce. Although it is no longer active, the impact of such initiatives often extends beyond their operational period, shaping workplace culture and setting precedents for employee benefits in the retail industry. Based in Columbus, Ohio, the Trust exemplified a commitment to supporting associates, reflecting a deeper understanding of the importance of comprehensive benefits in enhancing employee satisfaction and retention.




This information is meant to be a general summary of L Brands Inc Associate Benefits 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
$116,449,951 (2021)
Expenses
$134,355,013 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $884
  • Program Service Revenue: $116,449,067
  • Gross Receipts: $116,449,951

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Programs

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

Employer contributions

Revenue

$73,187,868

Participant contributions

Revenue

$43,261,199

Organization Details

Founding Year

1984

Principal Officer

Us Bank

Main Address

Three Limited Parkway, Columbus, OH, 43230

NTEE Category

Code: Y40 - Mutual benefit

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