Tang Industries Inc Employee Welfare Be

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

EIN: 363288421 ✦ Las vegas, NV ✦ Designated as a 501(c)(9)

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Overview

What is Tang Industries Inc Employee Welfare Be?

Tang Industries Inc Employee Welfare Be is a nonprofit organization specializing in insurance providers and services. They are committed to extending medical benefits to the employees of Tang Industries Inc. By operating a Health Insurance Premiums and Health Benefits Program, they ensure their workforce has access to essential healthcare services. This organization's primary objective is to improve the well-being of its employees, contributing positively to their overall health and productivity.

What are the reviews and ratings of this charity?

Tang Industries Inc Employee Welfare Be is not currently rated by Charity Navigator. The lack of a rating is not indicative of the nonprofit’s quality or effectiveness but rather reflects the absence of requisite data for evaluation, such as an Accountability & Finance beacon or Impact & Measurement beacon. As it is not a 501(c)(3) registered nonprofit, several evaluation metrics are not applicable, including Leadership & Adaptability, and Culture & Community.

The organization functions independently, meaning it does not operate as a branch or subsidiary of a larger entity. Despite the unavailability of data regarding revenue, expenses, or salaries of key personnel, this independent status might offer some flexibility in decision-making and operations, which could be a potential strength. However, without measurable data on impact or financial accountability, concrete conclusions about performance or organizational health are hard to draw.

As the nonprofit lacks reviews on GreatNonprofits, there’s no public feedback available to gauge individual experiences or perceptions about its work. This absence indicates a need for more transparency or outreach to encourage community engagement and feedback.


This AI summary has been generated from information found on Charity Navigator.

Is Tang Industries Inc Employee Welfare Be legitimate?

Tang Industries Inc Employee Welfare Be is a legitimate nonprofit organization registered as a 501(c)(9) entity. Tang Industries Inc Employee Welfare Be 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 Tang Industries Inc Employee Welfare Be?

Tang Industries Inc's Employee Welfare Be is dedicated to offering medical benefits to its workforce. This initiative is executed through the Health Insurance Premiums and Health Benefits Program. The organization functions as an insurance provider and service, focusing on the well-being of its employees by granting them access to essential medical coverage. By providing medical benefits, Tang Industries Inc's Employee Welfare Be plays a crucial role in promoting the health and welfare of its team members. This commitment enhances the overall productivity and morale within the organization.

Who is the CEO of Tang Industries Inc Employee Welfare Be?

Vytas Ambutas is the Officer of Tang Industries Inc Employee Welfare Be.

What is the revenue of Tang Industries Inc Employee Welfare Be?

Tang Industries Inc Employee Welfare Be's revenue in 2022 was $16,439,234.

Who are the executives of Tang Industries Inc Employee Welfare Be and what are their salaries?


Here are 2 key members and their salaries:


Michael Tang (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vytas Ambutas (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Tang Industries Inc Employee Welfare Be?

Tang Industries Inc Employee Welfare Be's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Tang Industries Inc Employee Welfare Be

Tang Industries Inc Employee Welfare Be, also known as Tang Industries' employee benefits program, is a committed initiative aimed at enhancing the wellbeing of the company's workforce. By providing medical benefits, this program serves as a safety net for employees, ensuring they have access to essential healthcare services. Tang Industries Inc Employee Welfare Be operates as an insurance provider and services organization, offering health insurance premiums and health benefits to its staff.

In order to safeguard the health and welfare of its employees, Tang Industries Inc Employee Welfare Be has established a Health Insurance Premiums and Health Benefits Program. Through this program, the organization extends medical coverage to its employees, enabling them to receive necessary healthcare services. By offering these benefits, Tang Industries Inc Employee Welfare Be demonstrates its dedication to the wellbeing of its workforce, fostering a healthy and productive work environment.

As an insurance provider and services organization, Tang Industries Inc Employee Welfare Be plays a crucial role in providing medical benefits to its employees. The organization's mission is to ensure that its staff can access the healthcare services they need, enabling them to maintain their health and focus on their work. By offering comprehensive health insurance premiums and benefits, Tang Industries Inc Employee Welfare Be is able to prioritize the wellbeing of its employees, ultimately contributing to the overall success of the organization.

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Impact




October, 2024

Tang Industries Inc Employee Welfare Be significantly enhances the well-being of its workforce by providing crucial medical benefits through its Health Insurance Premiums and Health Benefits Program. Located in Las Vegas, NV, this organization focuses on ensuring that employees have access to essential health services, thereby promoting a healthier and more secure work environment.

By offering comprehensive medical benefits, Tang Industries empowers employees to prioritize their health without the burden of substantial out-of-pocket expenses. This initiative not only fosters a sense of security among the workforce but also promotes morale and enhances overall job satisfaction. When employees feel supported in their health needs, they are more likely to remain engaged and productive, ultimately leading to improved organizational performance.

Moreover, the commitment to employee welfare through health benefits can also reduce absenteeism and turnover rates, contributing to a more stable workforce. As employees experience the tangible benefits of health insurance, they are encouraged to seek preventive care and address health issues proactively, which can have long-term positive effects on their well-being and productivity.

In summary, Tang Industries Inc Employee Welfare Be plays a pivotal role in promoting employee health and well-being, which in turn supports the overall success of the organization.




This information is meant to be a general summary of Tang Industries Inc Employee Welfare Be. 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
$16,439,234 (2022)
Expenses
$16,103,558 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $16,439,234
  • Gross Receipts: $16,439,234

Assets and Liabilities:

  • Total Assets: $444,756
  • Total Liabilities: $0
  • Net Assets: $444,756

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Programs

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

Funding by Sponsor

Revenue

$14,843,008

Funding by Participant

Revenue

$1,596,226

Organization Details

Founding Year

1984

Principal Officer

Vytas Ambutas

Main Address

8960 SPANISH RIDGE AVENUE, LAS VEGAS, NV, 89148

NTEE Category

Code: Y40 - Mutual benefit

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