Overview
What is Sodexo Inc Vacation Plan & Trust Agreement?
The Sodexo Vacation Plan and Trust Agreement functions as a nonprofit program, offering vacation benefits to eligible participants. This initiative is run by Marc Blass in Gaithersburg, Maryland, through the means of a fraternal beneficiary society and a voluntary employees association. Their mission focuses on providing vacation benefits to those who qualify, ensuring they can enjoy well-deserved time off.
Is Sodexo Inc Vacation Plan & Trust Agreement legitimate?
Sodexo Inc Vacation Plan & Trust Agreement is a legitimate nonprofit organization registered as a 501(c)(9) entity. Sodexo Inc Vacation Plan & Trust Agreement 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
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What is the mission statement of Sodexo Inc Vacation Plan & Trust Agreement?
The Sodexo Vacation Plan and Trust Agreement is designed to offer vacation benefits to eligible participants. This is facilitated through a fraternal beneficiary society and a voluntary employees association. The agreement aims to enhance the work-life balance of eligible employees by providing them with well-deserved time off. The program is managed and overseen to ensure its effective implementation. It is an initiative that prioritizes the well-being and satisfaction of its members.
Who is the CEO of Sodexo Inc Vacation Plan & Trust Agreement?
Marc Blass is the Trustee of Sodexo Inc Vacation Plan & Trust Agreement.
What is the revenue of Sodexo Inc Vacation Plan & Trust Agreement?
Sodexo Inc Vacation Plan & Trust Agreement's revenue in 2023 was $150,279,938.
Who are the executives of Sodexo Inc Vacation Plan & Trust Agreement and what are their salaries?
Here are 2 key members and their salaries:
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- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Sodexo Inc Vacation Plan & Trust Agreement?
Sodexo Inc Vacation Plan & Trust Agreement's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Sodexo Inc Vacation Plan & Trust Agreement
The Sodexo Vacation Plan and Trust Agreement is a mission-driven organization dedicated to providing vacation benefits to eligible participants. Operating as a fraternal beneficiary society and a voluntary employees association, it offers this perk to deserving individuals. The organization's mission is skillfully managed by Marc Blass from Gaithersburg, MD.
The Sodexo Vacation Plan and Trust Agreement is a beacon of hope for eligible participants in need of a well-deserved break. By harnessing the power of a fraternal beneficiary society and a voluntary employees association, it is able to effectively distribute vacation benefits to its members. Under the experienced guidance of Marc Blass, the organization has gained significant momentum in achieving its mission.
Through the Sodexo Vacation Plan and Trust Agreement, eligible participants have the opportunity to recharge and rejuvenate, allowing them to return to their daily lives with renewed energy and focus. The organization's mission is to make a positive impact on the lives of those it serves, offering them a chance to unwind and relax. With a commitment to helping individuals reclaim their vitality, the Sodexo Vacation Plan and Trust Agreement serves as a vital resource for eligible participants, enhancing their overall well-being and quality of life.
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Impact
October, 2024
The Sodexo Inc Vacation Plan & Trust Agreement significantly enhances the vacation benefits available to eligible plan participants, providing them with crucial support when it comes to paid time off. This plan deepens the engagement of employees by ensuring they can take advantage of vacation time without financial strain, ultimately promoting work-life balance.
Managed by Marc Blass in Gaithersburg, MD, the program operates through a fraternal beneficiary society and voluntary employees association, which fosters a sense of community and mutual benefit among participants. This structure not only safeguards the vacation entitlements but also encourages collaboration and camaraderie among employees, reinforcing a supportive workplace culture.
The impact of this vacation plan is multifaceted: it enables employees to recharge through time away from work, reduces burnout, and increases overall job satisfaction. As a result, the agreement not only serves the immediate needs of the participants but also supports long-term organizational goals by fostering a healthier, more productive workforce.
This information is meant to be a general summary of Sodexo Inc Vacation Plan & Trust Agreement. 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 2023.
- Investment Income: $218,522
- Program Service Revenue: $150,061,416
- Gross Receipts: $150,279,938
Assets and Liabilities:
- Total Assets: $1,803,262
- Total Liabilities: $78,650,372
- Net Assets: -$76,847,110
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
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Organization Details
Founding Year
1998
Phone
(301) 987-4243Principal Officer
Marc Blass
Main Address
9801 WASHINGTONIAN BLVD STE 122, GAITHERSBURG, MD, 208787367
NTEE Category
Code: Y43 - Mutual benefit
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