Voluntary Benefits Plan For Retired Employees Of White Motor Corporation

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

EIN: 341388262 ✦ Richmond hts, OH ✦ Designated as a 501(c)(9)

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Overview

What is Voluntary Benefits Plan For Retired Employees Of White Motor Corporation?

The Voluntary Benefits Plan for Retired Employees of White Motor Corporation is a program designed to support the health and financial security of retired employees from the company. This nonprofit initiative offers both health and death benefits, aiming to enhance the welfare and stability of its retiree beneficiaries. The plan is open to all eligible retired employees of White Motor Corporation, providing them with essential benefits that contribute to their overall wellbeing.

Is Voluntary Benefits Plan For Retired Employees Of White Motor Corporation legitimate?

Voluntary Benefits Plan For Retired Employees Of White Motor Corporation is a legitimate nonprofit organization registered as a 501(c)(9) entity. Voluntary Benefits Plan For Retired Employees Of White Motor Corporation 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: $83,921
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Voluntary Benefits Plan For Retired Employees Of White Motor Corporation?

The Voluntary Benefits Plan for Retired Employees of White Motor Corporation is dedicated to providing health and death benefits to its retired employees. The primary mission of this plan is to assist these retirees in maintaining their wellbeing and financial stability. The plan offers programs specifically designed to deliver these essential benefits, ensuring that retired employees of White Motor Corporation can enjoy peace of mind in their post-employment years. The Voluntary Benefits Plan is available to all eligible retired employees of the company, providing them with a valuable resource during their retirement.

Who is the CEO of Voluntary Benefits Plan For Retired Employees Of White Motor Corporation?

John T Grigsby Jr is the Benefits Committee Chair of Voluntary Benefits Plan For Retired Employees Of White Motor Corporation.

What is the revenue of Voluntary Benefits Plan For Retired Employees Of White Motor Corporation?

Voluntary Benefits Plan For Retired Employees Of White Motor Corporation's revenue in 2022 was $59,410.

Who are the executives of Voluntary Benefits Plan For Retired Employees Of White Motor Corporation and what are their salaries?

There 1 volunteer at Voluntary Benefits Plan For Retired Employees Of White Motor Corporation.


Here are 6 key members and their salaries:


John T Grigsby Jr (Benefits Committee Chair)
  • Compensation: $33,120
  • Related: $0
  • Other: $0
Drew Davidoff (Benefits Committee Member)
  • Compensation: $19,785
  • Related: $0
  • Other: $0
Richard Lichtenstein (Benefits Committee Member)
  • Compensation: $19,785
  • Related: $0
  • Other: $0
Principal Bank (Trustee)
  • Compensation: $6,281
  • Related: $0
  • Other: $0
Renee Turner Bailey (Benefits Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doris Rericha Until 01052022 (Benefits Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Voluntary Benefits Plan For Retired Employees Of White Motor Corporation?

Voluntary Benefits Plan For Retired Employees Of White Motor Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Voluntary Benefits Plan For Retired Employees Of White Motor Corporation

The Voluntary Benefits Plan for Retired Employees of White Motor Corporation is dedicated to serving its retired members by offering health and death benefits. This nonprofit organization's mission is to enhance the wellbeing and financial security of its eligible retirees from White Motor Corporation by providing them with essential health benefits and death benefits. The plan's activities and operations are centered around this mission, aiming to support the retired employees in maintaining a comfortable and secure post-retirement life.

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Impact




October, 2024

The Voluntary Benefits Plan for Retired Employees of White Motor Corporation significantly impacts the lives of retired employees by ensuring they have access to essential health and death benefits. By focusing on these specific programs, the plan helps retirees maintain their wellbeing and financial stability during a critical phase of life.

Health benefits provided through this plan can alleviate the financial burden of medical expenses, which can be substantial for retirees. This promotes not only physical health but also peace of mind, knowing that healthcare needs are covered. Additionally, the death benefits offer financial support to retirees' families, providing an added layer of security and support during difficult times.

Overall, the Voluntary Benefits Plan acts as a vital resource for retired employees, enhancing their quality of life and enabling them to navigate the challenges that often accompany retirement. The availability of these benefits fosters a sense of community and support among retirees, reinforcing the legacy of White Motor Corporation and showcasing the company's commitment to its former employees' welfare.




This information is meant to be a general summary of Voluntary Benefits Plan For Retired Employees Of White Motor Corporation. 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
$59,410 (2022)
Expenses
$1,283,820 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$73,909
  • Program Service Revenue: $31,179
  • Gross Receipts: $8,088,904

Assets and Liabilities:

  • Total Assets: $9,326,394
  • Total Liabilities: $29,468
  • Net Assets: $9,296,926

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Programs

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

CMS SUBSIDY

Revenue

$21,372

PARTICIPANT CONTRIBUTIONS

Revenue

$9,807

Organization Details

Founding Year

1983

Principal Officer

John T Grigsby Jr

Main Address

26301 CURTISS-WRIGHT PARKWAY 105, RICHMOND HTS, OH, 44143

NTEE Category

Code: Y30Z - Mutual benefit

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