Overview
What is Lakeshore Display Employee Benefit Trust Foundation?
Lakeshore Display Employee Benefit Trust Foundation is a nonprofit organization situated in Sheboyan, Wisconsin. Established with contributions from Lakeshore Display Company, Inc., the foundation ensures the timely payment of various employee benefits, such as medical expenses and life insurance. The trust was established to secure the financial well-being of its members, providing crucial support in meeting these benefit costs. Lakeshore Display Company contributes an amount equal to the cost of Part III benefits paid to its employees, ensuring their financial security.
Is Lakeshore Display Employee Benefit Trust Foundation legitimate?
Lakeshore Display Employee Benefit Trust Foundation is a legitimate nonprofit organization registered as a 501(c)(9) entity. Lakeshore Display Employee Benefit Trust Foundation 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
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What is the mission statement of Lakeshore Display Employee Benefit Trust Foundation?
The Lakeshore Display Employee Benefit Trust Foundation's mission is centered around ensuring the timely payment of benefits for its members. This is achieved through the contributions made by Lakeshore Display Company, Inc., equaling the cost of various employee benefits. The foundation primarily handles direct employee claims, specifically relating to medical expenses and life insurance. Its main objective is to provide financial support and security for its members during times of need.
Who is the CEO of Lakeshore Display Employee Benefit Trust Foundation?
Aaron Casper is the Trustee of Lakeshore Display Employee Benefit Trust Foundation.
What is the revenue of Lakeshore Display Employee Benefit Trust Foundation?
Lakeshore Display Employee Benefit Trust Foundation's revenue in 2022 was $340,000.
Who are the executives of Lakeshore Display Employee Benefit Trust Foundation and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $68,801
- Other: $0
Where can I find the form 990 for Lakeshore Display Employee Benefit Trust Foundation?
Lakeshore Display Employee Benefit Trust Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lakeshore Display Employee Benefit Trust Foundation
The Lakeshore Display Employee Benefit Trust Foundation was established with a mission to ensure the timely payments of benefits for its members. This nonprofit organization was initiated by Lakeshore Display Company, Inc., with contributions equal to the cost of various benefits offered to its employees under Part III. The trust's primary objective is to guarantee that employee claims, including medical expenses and life insurance, are settled promptly. By doing so, the foundation aims to provide financial security and support to its members, thereby promoting overall well-being and stability.
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Impact
October, 2024
Lakeshore Display Employee Benefit Trust Foundation plays a critical role in providing financial security and support to the employees of Lakeshore Display Company, Inc. by ensuring the timely payment of various employee benefits. The foundation is dedicated to covering direct employee claims, including medical expenses and life insurance, which significantly contribute to the well-being of its members.
By contributing amounts equal to the cost of these benefits, Lakeshore Display Company demonstrates a commitment to its workforce, fostering a sense of stability and trust among employees. This financial support allows employees to access necessary health care and protection in times of need, enhancing their overall quality of life.
Located in Sheboygan, Wisconsin, the foundation's mission to secure timely benefit payments reflects a proactive approach to employee welfare, ensuring that members receive the assistance they deserve without delays or complications. This commitment not only supports individual employees but also strengthens the company's workforce, promoting a positive workplace culture and mutual benefit among all stakeholders involved.
This information is meant to be a general summary of Lakeshore Display Employee Benefit Trust Foundation. 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.
- Program Service Revenue: $340,000
- Gross Receipts: $340,000
Assets and Liabilities:
- Total Assets: $15,487
- Total Liabilities: $0
- Net Assets: $15,487
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
VEBA SERVICE REVENUE
Revenue
$340,000
Organization Details
Founding Year
1980
Phone
(920) 457-3695Principal Officer
Aaron Casper
Main Address
2031 WASHINGTON AVENUE, SHEBOYGAN, WI, 530817039
NTEE Category
Code: Y40 - Mutual benefit
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