Overview
What is R & M Food Services Inc Vacation Benefit Plan?
R & M Food Services Inc Vacation Benefit Plan is a beneficial scheme based in Brea, California. Its primary objective is to offer vacation pay benefits to qualified employees and participants, utilizing a Vacation Employee Benefit Association (VEBA) trust. This plan serves to enhance work-life balance for its eligible members.
Is R & M Food Services Inc Vacation Benefit Plan legitimate?
R & M Food Services Inc Vacation Benefit Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. R & M Food Services Inc Vacation Benefit Plan submitted a form 990EZ, 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 R & M Food Services Inc Vacation Benefit Plan?
The R & M Food Services Inc Vacation Benefit Plan's mission is centered around offering vacation benefits to eligible employees and participants. It accomplishes this by establishing a Vacation Pay Employee Benefit Trust (VEBA). The primary objective of the plan is to provide financial support for vacation time, enhancing the overall work-life balance of its qualified members. Although the plan does not have a stated mission statement in the traditional sense, its purpose can be inferred from its activities. The plan's mission, in essence, is to ensure that eligible employees can enjoy well-deserved time off, thus promoting employee satisfaction and work-life balance.
What is the revenue of R & M Food Services Inc Vacation Benefit Plan?
R & M Food Services Inc Vacation Benefit Plan's revenue in 2023 was $24,773.
Who are the executives of R & M Food Services Inc Vacation Benefit Plan 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 990EZ for R & M Food Services Inc Vacation Benefit Plan?
R & M Food Services Inc Vacation Benefit Plan's most recent form 990EZ was submitted in 2023 and can be accessed here.
Mission Statement of R & M Food Services Inc Vacation Benefit Plan
R&M Food Services Inc's Vacation Benefit Plan is committed to offering vacation pay benefits to eligible employees and participants. This is accomplished through a Voluntary Employees' Beneficiary Association (VEBA) trust. The mission of this plan is to provide financial support for time off, enhancing the work-life balance of its qualified participants. Although the specific location of the plan is mentioned as Brea, California, the focus of the R&M Food Services Inc Vacation Benefit Plan is on the provision of these vacation benefits, rather than its geographical location.
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Impact
October, 2024
The R & M Food Services Inc Vacation Benefit Plan plays a significant role in enhancing employee satisfaction and retention by providing qualified employees with benefits for vacation pay through its trust (VEBA). This financial support allows employees to take well-deserved time off without the stress of lost income, promoting a healthier work-life balance. By ensuring that employees have access to vacation pay, the plan encourages a culture of rest and rejuvenation, which can lead to increased productivity and overall workplace morale. This initiative underscores the commitment to mutual benefit, fostering loyalty and minimizing turnover among staff in Brea, CA.
This information is meant to be a general summary of R & M Food Services Inc Vacation Benefit 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Program Service Revenue: $24,773
- Gross Receipts: $24,773
Assets and Liabilities:
- Total Assets: $131
- Total Liabilities: $0
- Net Assets: $131
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Organization Details
Principal Officer
Millie Villavicencio
NTEE Category
Code: Y40 - Mutual benefit
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