Overview
What is Indiana State University Benefit Plan Trust?
Indiana State University Benefit Plan Trust is a nonprofit organization, responsible for offering various welfare benefits to eligible employees and their dependent family members of Indiana State University. These benefits encompass life, sickness, hospitalization, major medical, accident, disability, and other related welfare services, all under numerous employee welfare benefit plans approved by the university. Jacob Panagouleas oversees the operation of this trust fund.
Is Indiana State University Benefit Plan Trust legitimate?
Indiana State University Benefit Plan Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Indiana State University Benefit Plan 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: $71,250
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Indiana State University Benefit Plan Trust?
The Indiana State University Benefit Plan Trust is established with the primary objective of offering various welfare benefits, including life, sickness, hospitalization, major medical, accident, disability, and other related services, to eligible employees of Indiana State University and their dependent family members. The trust operates by implementing numerous employee welfare benefit plans, adopted by the university, to provide these benefits. The trust's purpose is to ensure the well-being and financial security of the university's workforce and their families. The trust is not solely responsible for providing these benefits; rather, it serves as a facilitator, overseeing the implementation of these benefit plans.
Who is the CEO of Indiana State University Benefit Plan Trust?
Jacob Panagouleas is the Trustee of Indiana State University Benefit Plan Trust.
What is the revenue of Indiana State University Benefit Plan Trust?
Indiana State University Benefit Plan Trust's revenue in 2023 was -$69,079.
Who are the executives of Indiana State University Benefit Plan Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $71,250
- Related: $0
- Other: $0
Where can I find the form 990 for Indiana State University Benefit Plan Trust?
Indiana State University Benefit Plan Trust's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Indiana State University Benefit Plan Trust
The Indiana State University Benefit Plan Trust, in its mission, aims to extend various welfare benefits to the eligible employees of Indiana State University and their dependents. This trust fund is committed to providing life, sickness, hospitalization, major medical, accident, and disability coverage, among other benefits, through numerous employee welfare benefit plans that have been adopted by the university. The trust is overseen by Jacob Panagouleas, ensuring the effective and efficient delivery of these beneficial services.
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Impact
October, 2024
The Indiana State University Benefit Plan Trust plays a crucial role in supporting the well-being of eligible employees and their dependents at Indiana State University. By offering a comprehensive array of benefits—such as life insurance, disability coverage, and major medical assistance—the trust ensures that employees have access to essential healthcare and financial protection during times of need.
This support not only enhances the quality of life for employees but also fosters a more productive and engaged workforce. As employees feel secure in their health and financial situations, it can lead to increased job satisfaction and loyalty to the institution.
Jacob Panagouleas oversees the trust, ensuring that it operates smoothly and aligns with the university’s mission to provide a supportive work environment. The benefits offered through the trust help to attract and retain talent, which is vital for the university's growth and success in the competitive educational landscape.
Overall, the Indiana State University Benefit Plan Trust significantly impacts the campus community by promoting the health, safety, and welfare of its employees and by extension, their families.
This information is meant to be a general summary of Indiana State University Benefit Plan 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 2023.
- Investment Income: -$69,079
- Gross Receipts: $31,251,279
Assets and Liabilities:
- Total Assets: $96,124,764
- Total Liabilities: $0
- Net Assets: $96,124,764
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Organization Details
Founding Year
1998
Phone
(812) 238-6257Principal Officer
Jacob Panagouleas
Main Address
PO Box 540, Terre Haute, IN, 478080540
NTEE Category
Code: Y43 - Mutual benefit
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