Caterpillar Inc Group Insurance Master Trust Agreement 22-46859

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

EIN: 366426495 ✦ Chicago, IL ✦ Designated as a 501(c)(9)

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Overview

What is Caterpillar Inc Group Insurance Master Trust Agreement 22-46859?

Caterpillar Inc's Group Insurance Master Trust Agreement 22-46859 functions as a nonprofit entity dedicated to providing health and welfare benefits to its members. Based in Chicago, Illinois, the trust agreement focuses on enhancing the wellbeing of those it serves. By offering health benefits, it aims to improve the overall quality of life for its members.

Is Caterpillar Inc Group Insurance Master Trust Agreement 22-46859 legitimate?

Caterpillar Inc Group Insurance Master Trust Agreement 22-46859 is a legitimate nonprofit organization registered as a 501(c)(9) entity. Caterpillar Inc Group Insurance Master Trust Agreement 22-46859 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: $101,043
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Caterpillar Inc Group Insurance Master Trust Agreement 22-46859?

The Caterpillar Inc Group Insurance Master Trust Agreement 22-46859 is dedicated to providing health and welfare benefits for its members. This organization's primary mission is to ensure the well-being of those it serves. Through various programs and initiatives, it strives to meet the health and welfare needs of its members, offering them essential support and coverage. By focusing on the provision of these benefits, the trust agreement seeks to promote the overall health and well-being of its members. Its commitment to this mission is unwavering, aimed at enhancing the quality of life for those it serves.

Who is the CEO of Caterpillar Inc Group Insurance Master Trust Agreement 22-46859?

Corporate is the Principal Officer of Caterpillar Inc Group Insurance Master Trust Agreement 22-46859.

What is the revenue of Caterpillar Inc Group Insurance Master Trust Agreement 22-46859?

Caterpillar Inc Group Insurance Master Trust Agreement 22-46859's revenue in 2022 was $213,121,623.

Who are the executives of Caterpillar Inc Group Insurance Master Trust Agreement 22-46859 and what are their salaries?


There is 1 key member and their salary:


The Northern Trust Company (Trustee)
  • Compensation: $101,043
  • Related: $0
  • Other: $0
Where can I find the form 990 for Caterpillar Inc Group Insurance Master Trust Agreement 22-46859?

Caterpillar Inc Group Insurance Master Trust Agreement 22-46859's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Caterpillar Inc Group Insurance Master Trust Agreement 22-46859

Caterpillar Inc Group Insurance Master Trust Agreement 22-46859 is a mission-driven organization, dedicated to providing health and welfare benefits for its members. In simple terms, it aims to enhance the well-being of those it serves. The Trust Agreement meticulously works towards ensuring its members have access to essential health and welfare benefits.

The organization's commitment to its members is unwavering. It strives to improve their overall quality of life by offering a comprehensive range of benefits. These benefits are designed to cater to various aspects of their health and well-being, ensuring that each member receives the support they need during challenging times. The Trust Agreement's primary focus is on providing security and peace of mind, enabling its members to focus on their personal and professional growth.

By offering health and welfare benefits, Caterpillar Inc Group Insurance Master Trust Agreement 22-46859 plays a vital role in promoting the well-being of its members. Its work extends beyond just providing financial coverage; it offers a safety net, providing reassurance and comfort during times of need. The organization's commitment is not limited to medical coverage; it also addresses the emotional and practical aspects of health and wellness. With its extensive range of benefits, Caterpillar Inc Group Insurance Master Trust Agreement 22-46859 stands as a beacon of support for its members, ensuring they have the resources they need to thrive and live their best lives.

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Impact




October, 2024

The Caterpillar Inc Group Insurance Master Trust Agreement 22-46859 plays a significant role in providing health and welfare benefits to its members. By facilitating access to essential health services, it enhances the overall well-being of employees and their families associated with Caterpillar Inc. This agreement ensures that members receive coverage for medical expenses, which can mitigate financial burdens related to healthcare costs.

Furthermore, by pooling resources and managing risks through a trust structure, the agreement can deliver more comprehensive benefits than individuals might be able to secure on their own. This collaborative approach promotes a healthier workforce, potentially leading to increased productivity and reduced absenteeism. As a result, the agreement not only supports individual members but also contributes positively to the organizational culture and economic health of the community in Chicago and beyond. In summary, its impact is multifaceted, promoting both personal health and broader organizational benefits.




This information is meant to be a general summary of Caterpillar Inc Group Insurance Master Trust Agreement 22-46859. 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
$213,121,623 (2022)
Expenses
$217,496,988 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$9,361,124
  • Program Service Revenue: $222,482,747
  • Gross Receipts: $406,969,184

Assets and Liabilities:

  • Total Assets: $102,010,725
  • Total Liabilities: $0
  • Net Assets: $102,010,725

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Programs

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

SPONSOR CONTRIBUTIONS

Revenue

$179,628,950

PARTICIPANT CONTRIBUTIONS

Revenue

$41,192,079

INTERPORTFOLIO TRANSFERS IN

Revenue

$1,661,718

Organization Details

Founding Year

2008

Principal Officer

Corporate

Main Address

PO BOX 804358, CHICAGO, IL, 60680

NTEE Category

Code: Y40 - Mutual benefit

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