Van Ausdall & Farrar Inc Employee Benefit Trust

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

EIN: 351694366 ✦ Indianapolis, IN ✦ Designated as a 501(c)(9)

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Overview

What is Van Ausdall & Farrar Inc Employee Benefit Trust?

Van Ausdall & Farrar Inc Employee Benefit Trust is a nonprofit organization based in Indianapolis, Indiana. Their primary objective is to offer medical expense benefits to eligible employees and other qualified participants of the Van Ausdall & Farrar, Inc. Employee Benefit Trust, also known as a welfare benefit plan. By providing these benefits, they aim to support the medical needs of their participating members, contributing to their overall well-being and health.

Is Van Ausdall & Farrar Inc Employee Benefit Trust legitimate?

Van Ausdall & Farrar Inc Employee Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Van Ausdall & Farrar Inc Employee Benefit 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 Van Ausdall & Farrar Inc Employee Benefit Trust?

The mission of Van Ausdall & Farrar Inc Employee Benefit Trust, as outlined, is centered around providing medical expense benefits. This mission is specifically directed towards participating employees and other qualified individuals who are part of the Van Ausdall & Farrar, Inc. Employee Benefit Trust, often referred to as a Welfare Benefit Plan. The trust aims to offer financial support for medical expenses, thereby alleviating some of the financial burden associated with healthcare for its beneficiaries.

What is the revenue of Van Ausdall & Farrar Inc Employee Benefit Trust?

Van Ausdall & Farrar Inc Employee Benefit Trust's revenue in 2021 was $847,442.

Who are the executives of Van Ausdall & Farrar Inc Employee Benefit Trust and what are their salaries?

Here are 2 key members and their salaries:


Tim Mullen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Von Grimmenstein (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Van Ausdall & Farrar Inc Employee Benefit Trust?

Van Ausdall & Farrar Inc Employee Benefit Trust's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Van Ausdall & Farrar Inc Employee Benefit Trust

Van Ausdall & Farrar Inc Employee Benefit Trust, in essence, is dedicated to providing medical expense benefits for its participating employees and eligible participants. This nonprofit organization operates under a welfare benefit plan, which serves as its primary mission. Its main objective is to extend financial aid to cover medical expenses for the employees and qualified participants who are part of its trust. This assistance is crucial in helping them manage their healthcare-related expenses, ensuring they have access to necessary medical care when needed.

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Impact




October, 2024

Van Ausdall & Farrar Inc Employee Benefit Trust significantly impacts the well-being of its participating employees and other qualified individuals by providing essential medical expense benefits. This support facilitates access to healthcare, easing the financial burden of medical costs for those covered by the plan. By offering these benefits, the trust plays a critical role in promoting the health and welfare of employees, fostering a more secure and productive work environment. The initiative not only helps maintain employee satisfaction but also strengthens the overall organizational culture by prioritizing the health needs of its members.




This information is meant to be a general summary of Van Ausdall & Farrar Inc Employee Benefit 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
$847,442 (2021)
Expenses
$853,014 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Program Service Revenue: $847,442
  • Gross Receipts: $847,442

Assets and Liabilities:

  • Total Assets: $1,000
  • Total Liabilities: $0
  • Net Assets: $1,000

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Programs

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

EMPLOYER CONTRIB
0

Revenue

$443,330

EMPLOYEE CONTRIB
0

Revenue

$319,410

REINSURANCE REIMBURSEMENTS
0

Revenue

$84,702

Organization Details

Founding Year

1987

Principal Officer

Van Ausdall Farrar Inc

NTEE Category

Code: Y40 - Mutual benefit

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