Mars Inc Voluntary Employees Beneficiary Association

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

EIN: 363768068 ✦ Hackettstown, NJ ✦ Designated as a 501(c)(9)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Mars Inc Voluntary Employees Beneficiary Association?

Mars Inc Voluntary Employees Beneficiary Association is a nonprofit organization in Hackettstown, New Jersey, dedicated to providing health, welfare, and life benefits to its members. The organization processes payments for these benefits, ensuring the well-being and financial security of its members. The mission of Mars Inc Voluntary Employees Beneficiary Association is centered around delivering essential services and support to those connected with Mars Inc.

Is Mars Inc Voluntary Employees Beneficiary Association legitimate?

Mars Inc Voluntary Employees Beneficiary Association is a legitimate nonprofit organization registered as a 501(c)(9) entity. Mars Inc Voluntary Employees Beneficiary Association 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: $72,573
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Mars Inc Voluntary Employees Beneficiary Association?

The Mars Inc Voluntary Employees Beneficiary Association is dedicated to providing health, welfare, and life benefits for its members. This organization's primary mission is to ensure the wellbeing of those it serves. By making these essential benefits available, the Association enhances the quality of life for its members and their families. The Association's commitment extends beyond just financial support, as it also seeks to foster peace of mind and security for those who depend on its services. The Association's mission is carried out through the consistent and reliable payment of various benefits, ultimately contributing to the overall wellbeing and happiness of its membership.

Who is the CEO of Mars Inc Voluntary Employees Beneficiary Association?

Jason Naskiewicz is the Trustee of Mars Inc Voluntary Employees Beneficiary Association.

What is the revenue of Mars Inc Voluntary Employees Beneficiary Association?

Mars Inc Voluntary Employees Beneficiary Association's revenue in 2022 was $24,840,832.

Who are the executives of Mars Inc Voluntary Employees Beneficiary Association and what are their salaries?


There is 1 key member and their salary:


The Northern Trust Company (Trustee)
  • Compensation: $9,395
  • Related: $0
  • Other: $0
Where can I find the form 990 for Mars Inc Voluntary Employees Beneficiary Association?

Mars Inc Voluntary Employees Beneficiary Association's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Mars Inc Voluntary Employees Beneficiary Association

Mars Inc Voluntary Employees Beneficiary Association, also known as MIVBAA, is a nonprofit organization dedicated to providing health, welfare, and life benefits for its members. The association's primary mission is to ensure the wellbeing of its members by managing and distributing various benefits.

MIVBAA's role goes beyond just processing and disbursing payments. It acts as a safety net for its members, offering them financial security and peace of mind during times of need. The organization's commitment to its members' health and welfare is unwavering, making it an essential part of the Mars Inc community.

The Mars Inc Voluntary Employees Beneficiary Association is not just a payer of benefits; it is a supportive partner. It provides essential services that help its members navigate through life's challenges, enabling them to focus on their health and wellbeing rather than financial concerns. By managing and administering these benefits, MIVBAA empowers its members to live their lives to the fullest, knowing that they have the necessary support when they need it.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

Mars Inc Voluntary Employees Beneficiary Association plays a crucial role in providing vital health, welfare, and life benefits to its members. By offering financial assistance in these areas, the organization enhances the well-being and security of its members, ensuring they have access to necessary resources and support during challenging times. This focus on mutual benefit fosters a sense of community, as members can rely on one another and the organization for assistance when needed. Operating out of Hackettstown, NJ, the association is dedicated to improving the quality of life for its members through its comprehensive benefits program.




This information is meant to be a general summary of Mars Inc Voluntary Employees Beneficiary Association. 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
$24,840,832 (2022)
Expenses
$36,313,263 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $15,912,150
  • Program Service Revenue: $8,928,682
  • Gross Receipts: $41,681,104

Assets and Liabilities:

  • Total Assets: $22,814,073
  • Total Liabilities: $975,740
  • Net Assets: $21,838,333

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

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

PARTICIPANT CONTRIBUTIONS

Revenue

$8,830,855

EMPLOYER CONTRIBUTIONS

Revenue

$97,827

Organization Details

Founding Year

1999

Principal Officer

Jason Naskiewicz

Main Address

C/O MARS INVMTS 800 HIGH STREET, HACKETTSTOWN, NJ, 07840

NTEE Category

Code: Y40 - Mutual benefit

If you are a representative of Mars Inc Voluntary Employees Beneficiary Association and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.