Overview
What is The Ackerman Employee Benefit Trust?
The Ackerman Employee Benefit Trust is a tax-exempt organization situated in Jasper, Indiana. Its primary purpose is to offer benefits as outlined in an approved plan to all eligible employees on a non-discriminatory basis. This mission is made possible through contributions from the employer, active employees, and eligible COBRA beneficiaries. The trust is established with the sole intention of providing these benefits to its employees, ensuring a sense of security and support within the workforce.
Is The Ackerman Employee Benefit Trust legitimate?
The Ackerman Employee Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. The Ackerman 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
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What is the mission statement of The Ackerman Employee Benefit Trust?
The Ackerman Employee Benefit Trust is established with a singular purpose: to provide benefits as outlined in the approved plan to all eligible employees on a non-discriminatory basis. This is achieved through contributions from the employer, active employees, and eligible COBRA beneficiaries. The trust's primary objective is to ensure that eligible employees have access to the benefits outlined in the approved plan, fostering a sense of security and support within the workforce.
Who is the CEO of The Ackerman Employee Benefit Trust?
Michael E Ackerman is the Trustee of The Ackerman Employee Benefit Trust.
What is the revenue of The Ackerman Employee Benefit Trust?
The Ackerman Employee Benefit Trust's revenue in 2022 was $441,786.
Who are the executives of The Ackerman Employee Benefit Trust and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The Ackerman Employee Benefit Trust?
The Ackerman Employee Benefit Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Ackerman Employee Benefit Trust
The Ackerman Employee Benefit Trust is established with a singular purpose: to provide benefits as outlined in the approved plan, ensuring equitable access for all eligible employees. This tax-exempt trust serves as a collective contribution from the employer, active employees, and eligible COBRA beneficiaries, ensuring a comprehensive and non-discriminatory benefits system.
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Impact
October, 2024
The Ackerman Employee Benefit Trust has a significant impact on the financial security and well-being of eligible employees in Jasper, IN. By maintaining a tax-exempt trust designed to provide employee benefits, it ensures that all contributions—whether from the employer, active employees, or eligible COBRA beneficiaries—are pooled to support the approved benefit plans in a non-discriminatory manner.
This approach fosters an inclusive environment where employees are assured of receiving the benefits they are entitled to, contributing to improved morale and retention. The Trust's commitment to equitable benefit distribution enhances employees' overall quality of life and supports the workforce's stability in the region, thus playing a crucial role in mutual benefit for both the employees and the employer.
This information is meant to be a general summary of The Ackerman 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,140
- Program Service Revenue: $409,092
- Gross Receipts: $441,786
Assets and Liabilities:
- Total Assets: $776,412
- Total Liabilities: $40,000
- Net Assets: $736,412
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPONSOR CONTRIBUTIONS
Revenue
$243,229
PARTICIPANT CONTRIBUTIONS
Revenue
$165,863
Organization Details
Founding Year
1998
Phone
(812) 378-9960Principal Officer
Michael E Ackerman
Main Address
PO BOX 806, JASPER, IN, 47547
NTEE Category
Code: Y43 - Mutual benefit
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