Employee Benefit Trust Of Bank Of

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

EIN: 366551984 ✦ Pittsburgh, PA ✦ Designated as a 501(c)(9)

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Overview

What is Employee Benefit Trust Of Bank Of?

Employee Benefit Trust of Bank of is a nonprofit organization dedicated to offering health and welfare benefits to its members. Based on the provided information, the trust achieves its primary tax-exempt purpose by financially supporting various health and welfare plans for its participants and their dependents. This organization focuses on enhancing the wellbeing of its members through the payment of premiums and benefits.

Is Employee Benefit Trust Of Bank Of legitimate?

Employee Benefit Trust Of Bank Of is a legitimate nonprofit organization registered as a 501(c)(9) entity. Employee Benefit Trust Of Bank Of 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 Employee Benefit Trust Of Bank Of?

The Employee Benefit Trust of Bank Of is dedicated to offering health and welfare benefits to its members. This organization achieves its main tax-exempt goal by providing and funding health and welfare coverage for plan participants and their dependents. The Trust prioritizes the well-being of its members, ensuring they have access to essential benefits and premiums. By focusing on the provision of health and welfare services, it enhances the overall quality of life for those enrolled.

Who is the CEO of Employee Benefit Trust Of Bank Of?

Brent Heintzelman is the Principal Officer of Employee Benefit Trust Of Bank Of.

What is the revenue of Employee Benefit Trust Of Bank Of?

Employee Benefit Trust Of Bank Of's revenue in 2022 was $152,760,593.

Who are the executives of Employee Benefit Trust Of Bank Of and what are their salaries?


There is 1 key member and their salary:


The Bank Of New York Mellon (Trustee (See Schedule O))
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Employee Benefit Trust Of Bank Of?

Employee Benefit Trust Of Bank Of's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Employee Benefit Trust Of Bank Of

Employee Benefit Trust of Bank Of, a nonprofit organization, is dedicated to providing health and welfare benefits for its members. This trust's primary mission is realized through the payment of benefits and premiums for plan participants and their dependents.

The Employee Benefit Trust of Bank Of focuses on enhancing the well-being of its members by delivering essential health and welfare benefits. By fulfilling this role, the organization ensures that those it serves have access to vital coverage and resources, ultimately contributing to their overall health and quality of life.

In practice, the trust pays out health and welfare benefits to the individuals it serves. By achieving its primary exempt purpose in this manner, the Employee Benefit Trust of Bank Of continues to make a positive impact on the lives of its members.

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Impact




October, 2024

Employee Benefit Trust of Bank Of has a significant impact by providing essential health and welfare benefits to its members. Based in Pittsburgh, PA, the organization facilitates access to crucial health services and supports the overall well-being of participants and their dependents. By covering health and welfare benefits and premiums, it helps alleviate financial burdens associated with healthcare, ensuring that members can receive necessary medical care without undue stress. This support not only enhances individual member health but also contributes to a healthier community overall, fostering a sense of security and stability among its participants. Through its mission, the Trust demonstrates a commitment to mutual benefit, prioritizing the welfare of its members and reinforcing the importance of accessible healthcare.




This information is meant to be a general summary of Employee Benefit Trust Of Bank Of. 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
$152,760,593 (2022)
Expenses
$155,905,998 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $187,259
  • Program Service Revenue: $152,573,334
  • Gross Receipts: $152,760,593

Assets and Liabilities:

  • Total Assets: $15,885,610
  • Total Liabilities: $0
  • Net Assets: $15,885,610

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Programs

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

EMPLOYEE CONTRIBUTION

Revenue

$39,361,986

EMPLOYER CONTRIBUTION

Revenue

$113,211,348

Organization Details

Founding Year

1973

Principal Officer

Brent Heintzelman

Main Address

C/O THE BNYM PO BOX 535007, PITTSBURGH, PA, 152535007

NTEE Category

Code: Y43 - Mutual benefit

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