Sodexo Inc Dependent Care Plan

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

EIN: 311640231 ✦ North bethesda, MD ✦ Designated as a 501(c)(9)

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Overview

What is Sodexo Inc Dependent Care Plan?

Sodexo Inc Dependent Care Plan is a nonprofit organization, functioning as a fraternal beneficiary society and voluntary employees association, situated in Gaithersburg, Maryland. The primary mission of this organization is to provide a Dependent Care Benefit for eligible participants. Last year, Sodexo Inc Dependent Care Plan reported a total revenue of $989,440. This nonprofit operates with the goal of offering support and benefits to its members, without specifying the exact nature of the dependent care services provided.

Is Sodexo Inc Dependent Care Plan legitimate?

Sodexo Inc Dependent Care Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Sodexo Inc Dependent Care Plan 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 Sodexo Inc Dependent Care Plan?

Sodexo Inc's Dependent Care Plan serves as a benefit for eligible participants. As a fraternal beneficiary society and voluntary employees association, its primary activity is to provide this service. Although the information does not provide a specific mission statement, it can be inferred that the plan's mission is to support eligible participants by offering a dependent care benefit. The organization's operations are governed by its headquarters, generating a revenue of $989,440 last year. However, the focus of these operations remains on providing the dependent care benefit.

What is the revenue of Sodexo Inc Dependent Care Plan?

Sodexo Inc Dependent Care Plan's revenue in 2024 was $751,587.

Who are the executives of Sodexo Inc Dependent Care Plan and what are their salaries?

Here are 2 key members and their salaries:


Marc Blass (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Skrzat (Head Of Hr Noram)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Sodexo Inc Dependent Care Plan?

Sodexo Inc Dependent Care Plan's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Sodexo Inc Dependent Care Plan

Sodexo Inc Dependent Care Plan serves as a resource for eligible participants, providing them with a Dependent Care Benefit. Acting as a fraternal beneficiary society and voluntary employees association, this organization operates with a mission to support its members. While the specifics of their activities are not detailed, the information provided indicates that Sodexo Inc Dependent Care Plan generates revenue, suggesting a level of financial sustainability and commitment to its mission. The organization's focus on providing a Dependent Care Benefit highlights its role in supporting families and individuals in need, offering a valuable service that can help ease the burden of childcare costs.

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Impact




October, 2024

Sodexo Inc Dependent Care Plan significantly impacts eligible participants by providing essential support for childcare expenses, allowing employees to better balance their work and family responsibilities. This benefit is designed to ease the financial burden of dependent care, facilitating greater focus and productivity at work. Furthermore, the plan fosters a supportive workplace culture, enhancing employee satisfaction and retention. By prioritizing the needs of employees with dependents, Sodexo promotes a more inclusive and equitable workforce, contributing to the overall well-being of its participants and their families.




This information is meant to be a general summary of Sodexo Inc Dependent Care Plan. 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
$751,587 (2024)
Expenses
$723,266 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $8,978
  • Program Service Revenue: $742,609
  • Gross Receipts: $751,587

Assets and Liabilities:

  • Total Assets: $1,138,324
  • Total Liabilities: $182,456
  • Net Assets: $955,868

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Organization Details

Founding Year

1999

Principal Officer

Marc Blass

NTEE Category

Code: Y43 - Mutual benefit

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