Overview
What is American Greetings Corp Welfare Benefits?
American Greetings Corp Welfare Benefits is a trust established by American Greetings Corporation to administer and facilitate retirement benefits for its employees. The trust provides various welfare benefits such as life, sickness, accident, disability, and other similar benefits for retirees and their dependents. The company's intention is to provide a greater sense of security and welfare benefits to its employees upon retirement, administering the trust in accordance with the terms of the plan. The trust aims to fund any benefit programs that American Greetings Corporation designates for inclusion in the plan, enhancing the overall employee welfare.
Is American Greetings Corp Welfare Benefits legitimate?
American Greetings Corp Welfare Benefits is a legitimate nonprofit organization registered as a 501(c)(9) entity. American Greetings Corp Welfare Benefits 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: $29,448
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of American Greetings Corp Welfare Benefits?
American Greetings Corp's Welfare Benefits Trust was established with the purpose of managing a plan and any benefit programs designated by the company. The company and the trustee aim to administer the trust according to the plan's terms, except as otherwise specified in the agreement. The primary intent behind establishing this trust was to facilitate the administration of the plan and provide employees with a heightened sense of welfare benefits upon retirement. This trust is intended to enhance the retirement experience for American Greetings Corporation's employees by offering beneficial programs.
Who is the CEO of American Greetings Corp Welfare Benefits?
Unavailable
What is the revenue of American Greetings Corp Welfare Benefits?
American Greetings Corp Welfare Benefits's revenue in 2023 was $489,562.
Who are the executives of American Greetings Corp Welfare Benefits and what are their salaries?
There is 1 key member and their salary:
- Compensation: $29,448
- Related: $0
- Other: $0
Where can I find the form 990 for American Greetings Corp Welfare Benefits?
American Greetings Corp Welfare Benefits's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of American Greetings Corp Welfare Benefits
American Greetings Corp Welfare Benefits, as established by the company, serves the purpose of funding various welfare benefit programs designated by American Greetings Corporation. The intent behind establishing this trust is twofold: to facilitate the administration of these programs and to provide employees with an enhanced sense of welfare benefits upon retirement. The trust is intended to be administered in accordance with the terms of the plan, except where explicitly stated otherwise in the agreement. The establishment of this trust by American Greetings Corp Welfare Benefits aims to enhance the overall well-being of its employees by providing them with additional welfare benefits during their retirement.
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Impact
October, 2024
American Greetings Corp Welfare Benefits plays a crucial role in enhancing the welfare and security of employees and retirees associated with American Greetings Corporation. By establishing a trust dedicated to funding a comprehensive benefits plan, the organization ensures that employees, retirees, and their dependents receive essential support throughout their lives.
The trust facilitates the administration of various benefit programs, including life, sickness, accident, and disability benefits, which significantly contribute to the overall well-being of participants. This structured approach not only provides financial assistance during challenging times but also fosters a greater sense of security and peace of mind for employees approaching retirement.
Ultimately, the impact of the American Greetings Corp Welfare Benefits lies in its commitment to creating a sustainable and supportive environment for its members, promoting mutual benefit and long-term welfare through thoughtfully designed programs.
This information is meant to be a general summary of American Greetings Corp Welfare Benefits. 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.
- Investment Income: $428,597
- Program Service Revenue: $60,965
- Gross Receipts: $9,528,336
Assets and Liabilities:
- Total Assets: $20,442,293
- Total Liabilities: $0
- Net Assets: $20,442,293
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CLAIM REIMBURSEMENT
Revenue
$60,965
Organization Details
Founding Year
2004
Phone
(216) 689-3681Main Address
4900 TIEDEMAN ROAD OH-01-49-0381, BROOKLYN, OH, 44144
NTEE Category
Code: Y43 - Mutual benefit
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