Central Coated Products Inc

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

EIN: 341678523 ✦ Alliance, OH ✦ Designated as a 501(c)(9)

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Overview

What is Central Coated Products Inc?

Central Coated Products Inc is a nonprofit organization that, as per the provided information, is responsible for offering health and welfare benefits to its participants through the Central Coated Products Inc. Health Protection Plan. In 2022, they distributed a total of $426,880 to approximately 68 beneficiaries, providing them with essential healthcare benefits and insurance coverage. The specifics of this nonprofit's activities, such as the scope of its operations or its reach beyond the mentioned benefits, are not disclosed in the provided data.


Official website here: www.centralcoatedproducts.com

Is Central Coated Products Inc legitimate?

Central Coated Products Inc is a legitimate nonprofit organization registered as a 501(c)(9) entity. Central Coated Products Inc 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


Official website here: www.centralcoatedproducts.com

What is the mission statement of Central Coated Products Inc?

Central Coated Products Inc's mission, as indicated by its activities, is centered around providing health and welfare benefits to its participants. Specifically, the company runs a Health Protection Plan, under which it provides various benefits and insurance coverage. In 2022, the trust associated with this plan disbursed $426,880 to support around 68 individuals enrolled in the plan. This suggests that Central Coated Products Inc is committed to the well-being of its employees or associated individuals, offering financial assistance for healthcare needs.


Official website here: www.centralcoatedproducts.com

Who is the CEO of Central Coated Products Inc?

Thomas A Tormey is the Trustee of Central Coated Products Inc.


Official website here: www.centralcoatedproducts.com

What is the revenue of Central Coated Products Inc?

Central Coated Products Inc's revenue in 2022 was $429,409.


Official website here: www.centralcoatedproducts.com

Who are the executives of Central Coated Products Inc and what are their salaries?


Here are 2 key members and their salaries:


Thomas A Tormey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven T Porter (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.centralcoatedproducts.com

Where can I find the form 990 for Central Coated Products Inc?

Central Coated Products Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.centralcoatedproducts.com

Learn more at the official website: www.centralcoatedproducts.com

Mission Statement of Central Coated Products Inc

Central Coated Products Inc, through its Health Protection Plan Trust, is committed to providing health and welfare benefits to its participating members. This nonprofit organization allocates resources to ensure that these individuals receive necessary benefits and insurance coverage. In the year 2022, Central Coated Products Inc spent an amount of $426,880, catering to approximately 68 participants. This investment in their well-being ensures that they have access to essential health services.

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Impact




October, 2024

Central Coated Products Inc has a significant impact on the well-being of its participants through the provision of essential health and welfare benefits. In 2022 alone, the organization disbursed $426,880 to support approximately 68 participants under its health protection plan, ensuring access to vital insurance coverage and health resources. By focusing on the welfare of its members, Central Coated Products Inc plays a critical role in enhancing the quality of life for its participants in Alliance, Ohio, fostering a secure and supportive environment that addresses their health needs.




This information is meant to be a general summary of Central Coated Products Inc. 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
$429,409 (2022)
201120122013201420152016201720182019202020212022$0$150k$300k$450k$600k
Expenses
$426,880 (2022)
201120122013201420152016201720182019202020212022$0$150k$300k$450k$600k
Efficiency
2011201220132014201520162017201820192020202120220%0.2%0.4%0.6%0.8%1%

Other financial information:

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

  • Program Service Revenue: $429,409
  • Gross Receipts: $429,409

Assets and Liabilities:

  • Total Assets: $8,975
  • Total Liabilities: $0
  • Net Assets: $8,975

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Organization Details

Founding Year

1990

Principal Officer

Thomas A Tormey

Main Address

2025 MCCREA STREET, ALLIANCE, OH, 446012794

NTEE Category

Code: Y40 - Mutual benefit

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