Pickens-Kane Moving & Storage Co Employee Beneficiary Assoc

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

EIN: 363311968 ✦ Chicago, IL ✦ Designated as a 501(c)(9)

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Overview

What is Pickens-Kane Moving & Storage Co Employee Beneficiary Assoc?

Pickens-Kane Moving & Storage Co Employee Beneficiary Assoc is a nonprofit organization situated in Chicago, Illinois. This association, operating under the Internal Revenue Code Section 501(c)(9), serves as a Voluntary Employees' Beneficiary Association (VEBA). Its main purpose is to provide various health care benefits to its 50 members, including coverage for life, sickness, and accidents. The association offers these permissible benefits, aiming to support and cater to the wellbeing of its employees.

Is Pickens-Kane Moving & Storage Co Employee Beneficiary Assoc legitimate?

Pickens-Kane Moving & Storage Co Employee Beneficiary Assoc is a legitimate nonprofit organization registered as a 501(c)(9) entity. Pickens-Kane Moving & Storage Co Employee Beneficiary Assoc 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 Pickens-Kane Moving & Storage Co Employee Beneficiary Assoc?

The Pickens-Kane Moving & Storage Co Employee Beneficiary Association, as a tax-exempt IRC501(c)(9) Voluntary Employees' Beneficiary Association (VEBA), is primarily established with the mission to provide various beneficial coverages, such as life, sickness, and accident protection, among other permissible offerings. This organization's primary goal is to safeguard the well-being of its 50 members by offering health care benefits, as per the guidelines set by IRC Section 501(c)(9). The association aims to ensure financial security and peace of mind for its members during challenging times, offering them essential protection and assistance.

What is the revenue of Pickens-Kane Moving & Storage Co Employee Beneficiary Assoc?

Pickens-Kane Moving & Storage Co Employee Beneficiary Assoc's revenue in 2024 was $560,097.

Who are the executives of Pickens-Kane Moving & Storage Co Employee Beneficiary Assoc and what are their salaries?

There 4 volunteers at Pickens-Kane Moving & Storage Co Employee Beneficiary Assoc.

Here are 4 key members and their salaries:


James P Munroe (Na)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael F Munroe Jr (Na)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas L Broderick (Na)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph M Burgher (Controller)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Pickens-Kane Moving & Storage Co Employee Beneficiary Assoc?

Pickens-Kane Moving & Storage Co Employee Beneficiary Assoc's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Pickens-Kane Moving & Storage Co Employee Beneficiary Assoc

Pickens-Kane Moving & Storage Co Employee Beneficiary Assoc, as a tax-exempt Voluntary Employees' Beneficiary Association (VEBA) under IRC 501(c)(9), is dedicated to providing a range of benefits for its 50 members. The primary focus of this organization is to offer life, sickness, accident, and other permissible forms of coverage. This association aims to ensure the well-being of its members by providing them with essential healthcare benefits. The mission of Pickens-Kane Moving & Storage Co Employee Beneficiary Assoc is to safeguard the financial security of its members during various life circumstances, offering them the necessary support and assistance.

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Impact




October, 2024

Pickens-Kane Moving & Storage Co Employee Beneficiary Association significantly enhances the well-being of its members by providing crucial financial support during times of need. By focusing on health care benefits, life insurance, and accident coverage, the organization plays a pivotal role in ensuring that its 50 members have access to essential services that can alleviate the financial burdens associated with medical emergencies and health-related issues.

This mutual benefit association fosters a sense of community and support among employees, promoting not just individual well-being but also collective security. The targeted assistance for sickness and accidents helps members navigate challenging situations with greater ease and confidence, underscoring the importance of such support systems in the workplace. By prioritizing these benefits, the association contributes to a more resilient workforce, enhancing overall morale and job satisfaction within the Pickens-Kane Moving & Storage community.




This information is meant to be a general summary of Pickens-Kane Moving & Storage Co Employee Beneficiary Assoc. 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
$560,097 (2024)
Expenses
$985,014 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $97
  • Program Service Revenue: $560,000
  • Gross Receipts: $560,097

Assets and Liabilities:

  • Total Assets: $470,991
  • Total Liabilities: $0
  • Net Assets: $470,991

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Programs

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

Employer and Member Contributions

Revenue

$560,000

Organization Details

Founding Year

1983

Principal Officer

James P Munroe

NTEE Category

Code: Y40 - Mutual benefit

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