Honda Mfg Health And Welfare Benefits Trust

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

EIN: 311231708 ✦ Marysville, OH ✦ Designated as a 501(c)(9)

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Overview

What is Honda Mfg Health And Welfare Benefits Trust?

The Honda Mfg Health and Welfare Benefits Trust is a nonprofit entity based in Marysville, Ohio, with an address at 24025 Honda Parkway. Its primary mission is to manage and administer a 501(c)(9) health and welfare plan, providing essential benefits to participants and their dependents. By performing these functions, the Trust plays a significant role in promoting the well-being and health of those involved.

Is Honda Mfg Health And Welfare Benefits Trust legitimate?

Honda Mfg Health And Welfare Benefits Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Honda Mfg Health And Welfare 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Honda Mfg Health And Welfare Benefits Trust?

The Honda Mfg Health and Welfare Benefits Trust focuses on managing a 501(c)(9) health and welfare plan designed to benefit participants and their dependents. In simple terms, its mission revolves around administering this plan to ensure the well-being of its members. By performing this essential function, the Trust plays a significant role in providing vital health and welfare services to those it serves. Its primary goal is to ensure the smooth operation of the plan, bringing peace of mind to its members and their families. The Trust's administration encompasses various aspects of the plan, including its management and day-to-day operations.

Who is the CEO of Honda Mfg Health And Welfare Benefits Trust?

Taimi Riley is the Custodian of Honda Mfg Health And Welfare Benefits Trust.

What is the revenue of Honda Mfg Health And Welfare Benefits Trust?

Honda Mfg Health And Welfare Benefits Trust's revenue in 2022 was $31,829,946.

Who are the executives of Honda Mfg Health And Welfare Benefits Trust and what are their salaries?


There is 1 key member and their salary:


Northern Trust (Custodian)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Honda Mfg Health And Welfare Benefits Trust?

Honda Mfg Health And Welfare Benefits Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Honda Mfg Health And Welfare Benefits Trust

The Honda Mfg Health and Welfare Benefits Trust, a 501(c)(9) organization, is dedicated to managing and administering a health and welfare plan designed for the benefit of eligible participants and their dependents. In simple terms, the Trust ensures the efficient operation of a welfare program that caters to the health needs of the targeted group. By assuming this role, the Trust takes on the responsibility of processing claims, maintaining records, and overseeing the distribution of benefits to those enrolled in the plan. It serves as a vital intermediary between the plan's participants and the various healthcare providers, ensuring that essential healthcare services are accessible and affordable. The primary goal is to create a supportive system that enables participants to maintain their health and well-being, ultimately contributing to their overall quality of life.

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Impact




October, 2024

Honda Mfg Health And Welfare Benefits Trust significantly impacts the well-being of its participants and their dependents by providing essential health and welfare benefits. Administering a 501(c)(9) health and welfare plan, the Trust ensures access to vital healthcare services, which helps to enhance the overall quality of life for individuals covered under its plan. Located in Marysville, Ohio, the Trust plays a critical role in supporting employees and their families, addressing their health needs, and promoting a healthier workforce. This support can lead to increased job satisfaction, improved employee retention, and lower absenteeism, ultimately benefiting both the workforce and the organization as a whole. By focusing on health and welfare, the Trust fosters a culture of care and stability within the community it serves.




This information is meant to be a general summary of Honda Mfg Health And Welfare 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
$31,829,946 (2022)
Expenses
$125,168,932 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $14,409
  • Program Service Revenue: $31,786,073
  • Gross Receipts: $31,829,946

Assets and Liabilities:

  • Total Assets: $25,343,889
  • Total Liabilities: $0
  • Net Assets: $25,343,889

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Programs

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

Employee Contributions

Revenue

$30,154,094

Rebates, Refunds, Corrections

Revenue

$1,631,979

Organization Details

Founding Year

1989

Principal Officer

Taimi Riley

Main Address

24025 Honda Parkway, Marysville, OH, 430409251

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