Pioneer Products Inc Employee Health & Welfare Trust

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

EIN: 391604675 ✦ Racine, WI ✦ Designated as a 501(c)(9)

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Overview

What is Pioneer Products Inc Employee Health & Welfare Trust?

Pioneer Products Inc Employee Health & Welfare Trust is a nonprofit organization established to support the health and well-being of Pioneer Products Inc's employees. Situated in Racine, Wisconsin, this organization operates as a Voluntary Employee Benefit Association (VEBA). Its primary mission is to provide various health care benefits, such as group term life insurance, accidental death and dismemberment insurance, short-term disability, and medical benefits. The organization assumes the responsibility of paying the premiums for the insured portion of the plan and delivers payment directly to the members under the self-insured portion of the plan. The trust's aim is to promote employee health and efficiency by funding benefits for Pioneer Products Inc's health and welfare plans.

Is Pioneer Products Inc Employee Health & Welfare Trust legitimate?

Pioneer Products Inc Employee Health & Welfare Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Pioneer Products Inc Employee Health & Welfare 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Pioneer Products Inc Employee Health & Welfare Trust?

The Pioneer Products Inc Employee Health & Welfare Trust is established with the mission to provide financial support for the health care benefits of the company's employees. This includes group term life insurance, accidental death and dismemberment insurance, short-term disability, and medical benefits. The organization covers the premiums for the insured portion of the plan, making direct payments to the members under the self-insured portion. The company's aim is to promote employee health and efficiency by adopting health care and welfare plans and funding these benefits through a Voluntary Employee Benefit Association.

Who is the CEO of Pioneer Products Inc Employee Health & Welfare Trust?

Thomas Schaefer is the Trustee of Pioneer Products Inc Employee Health & Welfare Trust.

What is the revenue of Pioneer Products Inc Employee Health & Welfare Trust?

Pioneer Products Inc Employee Health & Welfare Trust's revenue in 2022 was $1,667,731.

Who are the executives of Pioneer Products Inc Employee Health & Welfare Trust and what are their salaries?


Here are 2 key members and their salaries:


Thomas Schaefer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald Mainland (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Pioneer Products Inc Employee Health & Welfare Trust?

Pioneer Products Inc Employee Health & Welfare Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Pioneer Products Inc Employee Health & Welfare Trust

The Pioneer Products Inc Employee Health & Welfare Trust, as established, aims to promote the health and efficiency of its employees. The organization achieves this by adopting health care and welfare plans for the benefit of its workforce. To fund these benefits, the trust operates through a Voluntary Employee Benefit Association, which is responsible for providing health care benefits to the company's employees. The trust assumes the premiums for the insured portion of the plan and makes direct payments to the members under the self-insured portion. In essence, the Pioneer Products Inc Employee Health & Welfare Trust is committed to supporting the well-being of its employees through comprehensive health care and welfare benefits, funded by a voluntary employee association.

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Impact




October, 2024

Pioneer Products Inc Employee Health & Welfare Trust plays a crucial role in enhancing the well-being and security of employees at Pioneer Products, Inc. By providing a comprehensive range of healthcare benefits, including group term life insurance, accidental death and dismemberment insurance, short-term disability, and medical benefits, the Trust directly contributes to the financial and physical health of the workforce.

The Trust's mission focuses on promoting the health and efficiency of employees, ensuring that they have access to essential benefits that can alleviate the stresses associated with medical costs and unforeseen circumstances. This support not only benefits individual employees but also fosters a more stable and productive work environment, ultimately benefiting the company as a whole.

By funding these benefits through a voluntary employee benefit association, the Trust ensures that employees are protected, allowing them to focus on their work and personal well-being. The Trust's initiatives reflect a commitment to creating a supportive workplace culture that values the health and welfare of its staff, enhancing both employee satisfaction and loyalty.




This information is meant to be a general summary of Pioneer Products Inc Employee Health & Welfare 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.

Revenue
$1,667,731 (2022)
Expenses
$1,667,731 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $1,667,731
  • Gross Receipts: $1,667,731

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Programs

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

HEALTH BENEFIT CONTRIB

Revenue

$1,667,731

Organization Details

Founding Year

1988

Principal Officer

Thomas Schaefer

Main Address

1917 SOUTH MEMORIAL DRIVE, RACINE, WI, 53403

NTEE Category

Code: Y40 - Mutual benefit

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