Cooperative Welfare Benefits Fund (Ks Mo & Il)

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

EIN: 320164973 ✦ West des moines, IA ✦ Designated as a 501(c)(9)

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Overview

What is Cooperative Welfare Benefits Fund (Ks Mo & Il)?

The Cooperative Welfare Benefits Fund (Ks Mo & Il) is a nonprofit organization based in West Des Moines, Iowa. Its primary mission is to offer health and welfare benefits to employees and their dependents of participating employers. This includes providing coverage for unfortunate events such as death, disability, and accidents, as well as dependent care and medical benefits. The purpose of these benefits is to improve the overall health and well-being of the employees and their families. The fund was established to serve this specific role, ensuring that participating employers can offer comprehensive employee benefits packages.

Is Cooperative Welfare Benefits Fund (Ks Mo & Il) legitimate?

Cooperative Welfare Benefits Fund (Ks Mo & Il) is a legitimate nonprofit organization registered as a 501(c)(9) entity. Cooperative Welfare Benefits Fund (Ks Mo & Il) 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 Cooperative Welfare Benefits Fund (Ks Mo & Il)?

The Cooperative Welfare Benefits Fund, established to cater to participating employers and their employees, was instituted with the objective of providing various benefits designed to enhance their health and welfare. These benefits encompass death, disability, AD&D, dependent care, and medical coverage, among others. The fund's primary purpose is to bolster the overall well-being of the employees and their dependents by offering these benefits.

Who is the CEO of Cooperative Welfare Benefits Fund (Ks Mo & Il)?

Rick Smithpeter is the Trustee of Cooperative Welfare Benefits Fund (Ks Mo & Il).

What is the revenue of Cooperative Welfare Benefits Fund (Ks Mo & Il)?

Cooperative Welfare Benefits Fund (Ks Mo & Il)'s revenue in 2022 was $360,497.

Who are the executives of Cooperative Welfare Benefits Fund (Ks Mo & Il) and what are their salaries?

There 8 volunteers at Cooperative Welfare Benefits Fund (Ks Mo & Il).


Here are 8 key members and their salaries:


Carla Elliott (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joshua Coughlin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Streit (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Hughes (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Netten (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Mommer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Lyons (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Smithpeter (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Cooperative Welfare Benefits Fund (Ks Mo & Il)?

Cooperative Welfare Benefits Fund (Ks Mo & Il)'s most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Cooperative Welfare Benefits Fund (Ks Mo & Il)

The Cooperative Welfare Benefits Fund (Ks Mo & Il) was established with a mission to enhance the health and welfare of employees and their dependents associated with participating employers. To achieve this, the fund provides various benefits, including death, disability, accidental death and dismemberment (AD&D), dependent care, and medical benefits. This comprehensive approach to employee and dependent care is designed to elevate the overall well-being of the workforce. The fund's mission is centered around the belief that investing in the health and welfare of its beneficiaries can lead to a more content and productive workforce.

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Impact




October, 2024

Cooperative Welfare Benefits Fund (Ks Mo & Il) plays a significant role in enhancing the well-being of employees and their dependents by providing essential health and welfare benefits. Established to support the financial security of individuals in the workforce, this fund specifically addresses critical areas such as death, disability, accidental death and dismemberment (AD&D), dependent care, and medical benefits.

By offering these benefits, the fund not only helps alleviate the financial burdens that can arise from unforeseen circumstances but also promotes a healthier and more secure environment for employees. This support contributes to greater peace of mind, enabling workers to focus on their job performance without the additional stress of potential health crises or family emergencies.

Ultimately, the impact of the Cooperative Welfare Benefits Fund is profound, fostering a culture of mutual benefit and care within the workplace. By prioritizing the health and welfare of employees and their families, it strengthens the overall workforce, leading to increased productivity and engagement. This foundation of support ensures that participating employers can attract and retain talent while reinforcing a commitment to the community's well-being.




This information is meant to be a general summary of Cooperative Welfare Benefits Fund (Ks Mo & Il). 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
$360,497 (2022)
Expenses
$358,394 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,492
  • Program Service Revenue: $358,005
  • Gross Receipts: $360,497

Assets and Liabilities:

  • Total Assets: $314,464
  • Total Liabilities: $8,149
  • Net Assets: $306,315

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Programs

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

PREMIUM/FSA CONTRIBUTIONS

Revenue

$358,005

Organization Details

Founding Year

2005

Principal Officer

Rick Smithpeter

Main Address

1415 28TH STREET, WEST DES MOINES, IA, 502661450

NTEE Category

Code: Y43 - Mutual benefit

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