Overview
What is Kraft Heinz Company Group Benefit Trust I?
Kraft Heinz Company Group Benefit Trust I is a nonprofit organization based in Chicago, Illinois, specifically at 200 E Randolph St STE 7500. The primary mission of this trust is to provide group health and life insurance benefits to current employees and their dependents covered under the Kraft Heinz Company's group benefits plan. This trust ensures eligible employees and their families have access to essential healthcare and life insurance benefits as outlined in the Kraft Heinz Company Group Benefit Trust I.
What are the reviews and ratings of this charity?
The Kraft Heinz Company Group Benefit Trust I is not currently rated by Charity Navigator. This is primarily due to its status as a non-501(c)(3) organization, which exempts it from the standard evaluation methods applied to nonprofits in terms of Accountability & Finance, and Impact & Measurement. The organization lacks sufficient data, like total revenue, expenses, and key personnel salaries, as it has not filed a Form 990 with the IRS.
Without a 501(c)(3) designation, the organization does not qualify for tax-exempt status and cannot receive tax-deductible contributions, which are typical classifications for charities assessed by Charity Navigator. As an independent entity without affiliation to other nonprofit groupings, it remains outside the scope of typical nonprofit evaluations related to community impact and internal culture.
Since Charity Navigator does not provide a rating, this absence does not inherently imply any positive or negative connotations about the organization. The lack of available financial data and IRS documentation further contributes to the current inability to assess the organization's accountability and financial health.
There are no user reviews available for the Kraft Heinz Company Group Benefit Trust I on GreatNonprofits.
This AI summary has been generated from information found on Charity Navigator.
Is Kraft Heinz Company Group Benefit Trust I legitimate?
Kraft Heinz Company Group Benefit Trust I is a legitimate nonprofit organization registered as a 501(c)(9) entity. Kraft Heinz Company Group Benefit Trust I 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: $3,156
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Kraft Heinz Company Group Benefit Trust I?
The Kraft Heinz Company Group Benefit Trust I is established with the primary goal of providing group health and life insurance benefits to eligible employees and their dependents, as outlined in the Kraft Heinz Company Group Benefit Trust I. The trust focuses on enhancing the well-being of its beneficiaries by offering essential coverage through the Kraft Foods Group, Inc. group benefits plan. By delivering these benefits, the trust aims to improve the overall health and financial security of those it serves. The trust's mission aligns with ensuring the well-being and peace of mind of its beneficiaries, providing them with necessary coverage during their employment.
Who is the CEO of Kraft Heinz Company Group Benefit Trust I?
Shirley Weinstein is the Trustee of Kraft Heinz Company Group Benefit Trust I.
What is the revenue of Kraft Heinz Company Group Benefit Trust I?
Kraft Heinz Company Group Benefit Trust I's revenue in 2022 was $170,295,636.
Who are the executives of Kraft Heinz Company Group Benefit Trust I and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $3,156
- Related: $0
- Other: $0
Where can I find the form 990 for Kraft Heinz Company Group Benefit Trust I?
Kraft Heinz Company Group Benefit Trust I's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Kraft Heinz Company Group Benefit Trust I
Kraft Heinz Company Group Benefit Trust I is a charitable trust dedicated to providing group health and life insurance benefits to current employees and their dependents covered under the Kraft Foods Group, Inc. group benefits plan. The primary objective of this trust is to ensure the well-being of eligible employees and their families by offering essential healthcare and life insurance coverage.
Through the Kraft Heinz Company Group Benefit Trust I, thousands of employees and their dependents receive vital health and life insurance benefits. The trust's mission is to make a significant impact on the lives of those it serves by securing their access to essential healthcare services and financial security through life insurance coverage. By doing so, the trust enables its beneficiaries to focus on their personal and professional growth, without the added burden of worrying about their health or financial stability.
In summary, Kraft Heinz Company Group Benefit Trust I serves as a vital safety net for employees and their dependents covered under the Kraft Foods Group, Inc. group benefits plan. By providing comprehensive group health and life insurance benefits, the trust plays a crucial role in promoting the overall well-being and financial security of the individuals it supports.
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Impact
October, 2024
Kraft Heinz Company Group Benefit Trust I provides essential health care and life insurance benefits to eligible employees and their dependents. The trust serves as a critical resource for current employees of the Kraft Heinz Company, ensuring they have access to necessary medical services and financial protection in the event of unforeseen circumstances.
By facilitating the payment of these benefits, the trust greatly impacts employee well-being and morale. Access to quality health care supports a healthier workforce, leading to increased productivity and job satisfaction. Additionally, providing life insurance benefits offers peace of mind for employees and their families, which can enhance overall workplace stability and loyalty.
The trust's mission underscores the importance of supporting employees through comprehensive benefits packages, reinforcing the commitment of Kraft Heinz to the welfare of its workforce. This mutual benefit extends not only to the employees but also to the organization as a whole, fostering a positive corporate culture that values its people.
This information is meant to be a general summary of Kraft Heinz Company Group Benefit Trust I. 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 2022.
- Investment Income: $93,281
- Program Service Revenue: $170,202,355
- Gross Receipts: $170,295,636
Assets and Liabilities:
- Total Assets: $1,078,593
- Total Liabilities: $0
- Net Assets: $1,078,593
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTION
Revenue
$144,239,768
EMPLOYEE CONTRIBUTION
Revenue
$25,962,587
Organization Details
Founding Year
1998
Principal Officer
Shirley Weinstein
Main Address
200 E RANDOLPH ST STE 7500, CHICAGO, IL, 60601
NTEE Category
Code: Y40 - Mutual benefit
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