Overview
What is Burlington Northern Santa Fe Welfare Benefit Trust?
The Burlington Northern Santa Fe Welfare Benefit Trust is a charitable trust based in Fort Worth, Texas, with the primary mission of serving as a funding mechanism for the group health and welfare benefit plans of participating companies. By acting as a central financing entity, the Trust ensures that employees under these plans receive essential benefits. This organization's activities are dedicated to the well-being of employees covered by the plans and are a vital resource for the companies involved.
Is Burlington Northern Santa Fe Welfare Benefit Trust legitimate?
Burlington Northern Santa Fe Welfare Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Burlington Northern Santa Fe Welfare Benefit 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: $20,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Burlington Northern Santa Fe Welfare Benefit Trust?
The Burlington Northern Santa Fe Welfare Benefit Trust serves as a funding tool for health and welfare benefit plans designed for employees at companies that participate in the trust. Its primary mission is to facilitate the provision of group benefits, ensuring the wellbeing of the workforce. By acting as a financial intermediary, the trust enables participating employers to offer comprehensive health and welfare packages to their staff. The trust's function is crucial in helping companies manage the costs and logistics of employee benefits, ultimately contributing to a more supportive and attractive work environment.
Who is the CEO of Burlington Northern Santa Fe Welfare Benefit Trust?
Unavailable
What is the revenue of Burlington Northern Santa Fe Welfare Benefit Trust?
Burlington Northern Santa Fe Welfare Benefit Trust's revenue in 2022 was $120,228,382.
Who are the executives of Burlington Northern Santa Fe Welfare Benefit Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $20,000
Where can I find the form 990 for Burlington Northern Santa Fe Welfare Benefit Trust?
Burlington Northern Santa Fe Welfare Benefit Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Burlington Northern Santa Fe Welfare Benefit Trust
Burlington Northern Santa Fe Welfare Benefit Trust, a vital funding vehicle, is dedicated to supporting group health and welfare plans that cater to the employees of participating companies. Established with a single purpose, the Trust functions as a financial backbone, ensuring the sustainability of benefits packages for its covered workforce.
The Trust's primary role revolves around facilitating the financial aspects of employee benefits, particularly those related to group health and welfare. By acting as a funding tool, it enables participating companies to provide comprehensive benefits plans for their employees, ultimately contributing to their overall well-being and job satisfaction.
Through its unwavering commitment to employee welfare, the Trust plays a pivotal role in bridging the gap between employers and their workforce. Its mission to provide financial resources for group health and welfare benefits plans empowers companies to care for their employees, fostering a loyal and productive work environment.
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Impact
October, 2024
The Burlington Northern Santa Fe Welfare Benefit Trust serves a crucial role in funding health and welfare benefits for employees of participating companies. By acting as a funding vehicle, it ensures that employees have access to essential group health and welfare benefits, contributing to their overall well-being and financial security. This trust supports a structured approach to benefits administration, allowing companies to efficiently provide necessary health care and welfare services to their workforce.
Located in Fort Worth, Texas, the trust facilitates a collaborative effort among various companies, fostering mutual benefit and enhancing employee satisfaction. By prioritizing the health needs of employees, it not only helps individuals secure necessary health services but also aids in building a more dedicated and productive workforce, ultimately benefiting the companies involved by attracting and retaining talent.
This information is meant to be a general summary of Burlington Northern Santa Fe Welfare Benefit 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $47,497
- Program Service Revenue: $120,180,885
- Gross Receipts: $120,228,382
Assets and Liabilities:
- Total Assets: $5,934,548
- Total Liabilities: $0
- Net Assets: $5,934,548
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Employer Contribution
Revenue
$84,969,515
Employee Contribution
Revenue
$35,211,370
Organization Details
Phone
(817) 352-1667Main Address
2301 Lou Menk Drive - HR/GOB - G3W, Fort Worth, TX, 76131
NTEE Category
Code: Y40 - Mutual benefit
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