Wkus Benefits Trust

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

EIN: 363453154 ✦ Riverwoods, IL ✦ Designated as a 501(c)(9)

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Overview

What is Wkus Benefits Trust?

Wkus Benefits Trust is a nonprofit organization, whose primary function was to fund the Wolters Kluwer Paid Time Off plan. Although its status is currently listed as terminated or inactive, its mission involved providing financial support for this particular benefit program. This nonprofit's role in facilitating the Paid Time Off plan demonstrates its commitment to enhancing employee welfare within its associated organization.

Is Wkus Benefits Trust legitimate?

Wkus Benefits Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Wkus Benefits 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 Wkus Benefits Trust?

The Wkus Benefits Trust, as stated in the provided information, is no longer an active nonprofit organization. Its primary function, as per the data, was to fund the Wolters Kluwer Paid Time Off plan. However, due to the organization's termination, there is no mission statement or detailed activities available to summarize.

What is the revenue of Wkus Benefits Trust?

Wkus Benefits Trust's revenue in 2021 was $964.

Who are the executives of Wkus Benefits Trust and what are their salaries?

There is 1 key member and their salary:


The Northern Trust Company (Institutional Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Wkus Benefits Trust?

Wkus Benefits Trust's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Wkus Benefits Trust

Wkus Benefits Trust, as described in the provided information, was a nonprofit organization with a specific mission. Initially, its purpose was to fund the Wolters Kluwer Paid Time Off plan. However, the information indicates that this nonprofit is no longer active or terminated. Despite its inactivity, it's worth noting that its initial role was to support a paid time off plan for an unspecified organization, Wolters Kluwer. This nonprofit, while active, may have provided financial resources or administrative support for the implementation of the paid time off plan. However, due to its termination or inactivity, its full impact and extent of involvement are unknown.

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Impact




October, 2024

Wkus Benefits Trust was designed to support employee welfare by funding the Wolters Kluwer Paid Time Off Plan. By facilitating access to paid time off, it aimed to enhance employee well-being, job satisfaction, and productivity within the organization. Its impact can be seen in the potential for improved work-life balance for employees, which is crucial for overall morale and retention. Although the organization is no longer active, its mission contributed to a more supportive workplace environment during its operational period, reflecting the importance of mutual benefit in fostering a positive workplace culture.




This information is meant to be a general summary of Wkus Benefits 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
$964 (2021)
Expenses
$2,500 (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: $964
  • Gross Receipts: $964

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Programs

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

EMPLOYER CONTRIBUTIONS
0

Revenue

$964

Organization Details

Founding Year

1999

Principal Officer

Michele Balnius

NTEE Category

Code: Y40 - Mutual benefit

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