Overview
What is Mrt Welfare Benefit Trust?
The Mrt Welfare Benefit Trust is a charitable organization situated in Houston, Texas. Established to receive financial contributions from its associated company, this nonprofit entity provides health and welfare benefits for eligible retired employees and their dependents. A key component of their services is the VeBa Trust, which focuses on employee welfare benefits. The trust's primary purpose is to ensure the well-being and support of retired employees, investing in their health and overall quality of life.
Is Mrt Welfare Benefit Trust legitimate?
Mrt Welfare Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Mrt 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.
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What is the mission statement of Mrt Welfare Benefit Trust?
The MRT Welfare Benefit Trust was established with the purpose of receiving funds from the company and providing health and welfare benefits for eligible retired employees and their dependents. The trust's main objective is to ensure the well-being of retired employees post their service period. It accomplishes this by utilizing contributions from the company to cover various health and welfare benefits. The trust also manages a program called VeBa Trust, which is dedicated to providing employee welfare benefits.
Who is the CEO of Mrt Welfare Benefit Trust?
Brad Tutunjian is the Committee Member of Mrt Welfare Benefit Trust.
What is the revenue of Mrt Welfare Benefit Trust?
Mrt Welfare Benefit Trust's revenue in 2022 was $254,972.
Who are the executives of Mrt Welfare Benefit Trust and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Mrt Welfare Benefit Trust?
Mrt Welfare Benefit Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mrt Welfare Benefit Trust
The Mrt Welfare Benefit Trust, established with contributions from a company, is dedicated to providing health and welfare benefits for eligible retired employees of that company and their dependents. The primary mission of this trust is to ensure the financial well-being of retired employees, offering them the necessary support during their retirement years. By managing these benefits, the Mrt Welfare Benefit Trust plays a vital role in enhancing the quality of life for its beneficiaries, providing them with the peace of mind they deserve after a lifetime of service. The trust's activities are centered around the VeBa Trust, which specifically focuses on employee welfare benefits.
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Impact
October, 2024
The Mrt Welfare Benefit Trust significantly impacts eligible retired employees and their dependents by providing crucial health and welfare benefits. By facilitating contributions from the company, the Trust ensures that retired employees have access to essential services that enhance their quality of life and financial security during retirement. One of its key programs, the VeBa Trust, specifically focuses on offering employee welfare benefits, thereby addressing the unique needs of retirees.
Located in Houston, TX, the Trust plays a vital role in fostering a supportive community for those who have dedicated their careers to the company. By paying for health and welfare benefits, it alleviates some of the financial burdens that often accompany retirement, allowing retirees and their families to focus on their well-being without the stress of economic uncertainty. Overall, the Mrt Welfare Benefit Trust not only aids in maintaining the health of its beneficiaries but also reinforces the sense of loyalty and community between the company and its retired workforce.
This information is meant to be a general summary of Mrt 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: $134,644
- Program Service Revenue: $76,367
- Gross Receipts: $613,517
Assets and Liabilities:
- Total Assets: $7,092,581
- Total Liabilities: $0
- Net Assets: $7,092,581
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRIBUTIONS
Revenue
$76,367
Organization Details
Founding Year
1997
Phone
(713) 207-1111Principal Officer
Brad Tutunjian
Main Address
1111 LOUISIANA ST 3811E, HOUSTON, TX, 770025230
NTEE Category
Code: Y23 - Mutual benefit
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