G B S Inc Employees Welfare Benefit Plan And Trust

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

EIN: 341433976 ✦ North canton, OH ✦ Designated as a 501(c)(9)

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Overview

What is G B S Inc Employees Welfare Benefit Plan And Trust?

G B S Inc Employees Welfare Benefit Plan And Trust is a nonprofit organization that offers various employee welfare and benefit plans. Their primary focus is on providing hospital medical care, dental services, prescription drug coverage, long-term disability support, and term life insurance to their employees. This plan aims to ensure the well-being and financial security of its workforce, offering essential healthcare and insurance benefits.

Is G B S Inc Employees Welfare Benefit Plan And Trust legitimate?

G B S Inc Employees Welfare Benefit Plan And Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. G B S Inc Employees Welfare Benefit Plan And Trust 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 G B S Inc Employees Welfare Benefit Plan And Trust?

The mission of G B S Inc Employees Welfare Benefit Plan And Trust is centered around providing comprehensive employee welfare benefits. This encompasses coverage for hospital care, medical services, dental treatments, prescription drugs, long-term disability, and term life insurance. The primary objective of this plan is to ensure the well-being and financial security of its employees in these critical areas. By offering these benefits, the trust aims to enhance the overall quality of life and peace of mind for its employees.

Who is the CEO of G B S Inc Employees Welfare Benefit Plan And Trust?

Michele Benson is the Trustee of G B S Inc Employees Welfare Benefit Plan And Trust.

What is the revenue of G B S Inc Employees Welfare Benefit Plan And Trust?

G B S Inc Employees Welfare Benefit Plan And Trust's revenue in 2020 was $2,927,549.

Who are the executives of G B S Inc Employees Welfare Benefit Plan And Trust and what are their salaries?


Here are 2 key members and their salaries:


Ml Merriman (Trustee)
  • Compensation: $0
  • Related: $285,000
  • Other: $0
Jennifer Ostapiak (Trustee)
  • Compensation: $0
  • Related: $82,150
  • Other: $0
Where can I find the form 990 for G B S Inc Employees Welfare Benefit Plan And Trust?

G B S Inc Employees Welfare Benefit Plan And Trust's most recent form 990 was submitted in 2020 and can be accessed here.

Mission Statement of G B S Inc Employees Welfare Benefit Plan And Trust

G B S Inc Employees Welfare Benefit Plan And Trust is dedicated to providing employee welfare and benefit plans, focusing on hospital care, medical services, dental care, prescription drugs, long-term disability, and term life insurance. This nonprofit organization's mission is to ensure the well-being of its employees by offering comprehensive benefit packages, aiming to provide financial support and security during various life situations. By offering these services, G B S Inc Employees Welfare Benefit Plan And Trust demonstrates its commitment to the well-being and peace of mind of its employees, recognizing the importance of these benefits in maintaining a healthy and content workforce.

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Impact




October, 2024

G B S Inc Employees Welfare Benefit Plan And Trust significantly enhances the well-being of its participants by providing a comprehensive array of benefits that cater to critical aspects of employee health and financial security. This includes coverage for hospital and medical care, dental services, and prescription drugs. By ensuring access to essential health services, the plan fosters a healthier workforce, which can lead to increased productivity and job satisfaction.

The long-term disability coverage offers financial stability to employees in the event of unforeseen circumstances that may hinder their ability to work. This not only supports the individual but also reduces stress for families, contributing to overall community wellness.

Additionally, the term life insurance aspect of the plan provides peace of mind, ensuring that employees can safeguard their loved ones' financial futures. This holistic approach to employee welfare emphasizes the organization's commitment to supporting its workforce, fostering loyalty and reducing turnover. Overall, G B S Inc Employees Welfare Benefit Plan And Trust plays a vital role in enhancing the quality of life for employees in North Canton, Ohio, while strengthening the overall health and well-being of the community.




This information is meant to be a general summary of G B S Inc Employees Welfare Benefit Plan And Trust. 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
$2,927,549 (2020)
Expenses
$2,765,698 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Program Service Revenue: $2,927,549
  • Gross Receipts: $2,927,549

Assets and Liabilities:

  • Total Assets: $256,437
  • Total Liabilities: $3,274
  • Net Assets: $253,163

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Programs

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

Participant Contributions

Revenue

$670,147

Employer Contributios

Revenue

$2,257,402

Organization Details

Founding Year

1989

Principal Officer

Michele Benson

Main Address

7233 Freedom Ave NW, North Canton, OH, 44720

NTEE Category

Code: Y40 - Mutual benefit

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