Overview
What is Employes' Mutual Benefit Association?
Employees' Mutual Benefit Association is a nonprofit organization situated in Milwaukee, Wisconsin, specifically at 231 W Michigan Street. Their primary mission is to offer short-term disability insurance for purchase by their members. In times of need, the association ensures the distribution of these funds to the members themselves. The organization's primary activity revolves around providing sickness and accident insurance, aiming to support its members financially during difficult health situations.
Is Employes' Mutual Benefit Association legitimate?
Employes' Mutual Benefit Association is a legitimate nonprofit organization registered as a 501(c)(8) entity. Employes' Mutual Benefit Association 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: $33,553
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,244
For more financial information, click here
What is the mission statement of Employes' Mutual Benefit Association?
The Employees' Mutual Benefit Association's mission is centered around providing short-term disability insurance for employees to purchase. In case of need, the association also ensures the distribution of funds to its members. In simpler terms, the organization's objective is to offer disability insurance and manage a fund that can be distributed to its members in times of hardship. The association operates a sickness and accident fund for this purpose.
Who is the CEO of Employes' Mutual Benefit Association?
Timothy Smith is the Secretary of Employes' Mutual Benefit Association.
What is the revenue of Employes' Mutual Benefit Association?
Employes' Mutual Benefit Association's revenue in 2022 was $197,319.
Who are the executives of Employes' Mutual Benefit Association and what are their salaries?
Here are 18 key members and their salaries:
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Where can I find the form 990 for Employes' Mutual Benefit Association?
Employes' Mutual Benefit Association's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Employes' Mutual Benefit Association
Employees' Mutual Benefit Association is dedicated to offering short-term disability insurance for purchase by employees. Their mission is to ensure the distribution of these funds to members in need when they encounter sickness or accidents. In simpler terms, this organization serves as a safety net for its members, providing financial assistance during challenging health situations. The association operates a sickness and accident fund, which empowers employees to secure disability insurance to safeguard their financial well-being during temporary illnesses or accidents. This nonprofit's mission underscores its commitment to supporting employees during challenging times, providing a vital safety net when they need it most.
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Impact
October, 2024
Employes' Mutual Benefit Association plays a crucial role in supporting workers through short-term disability insurance options, enabling employees to purchase coverage that addresses their financial needs during unforeseen circumstances. Its focus on providing sickness and accident insurance fosters a safety net for members, helping them navigate challenging health issues without the added stress of financial uncertainty.
By facilitating the distribution of funds to members in need, the association strengthens community ties and nurtures a sense of solidarity among its members, ensuring that individuals facing difficulties can sustain themselves and their families. This emphasis on mutual aid reinforces the importance of collective support in maintaining workforce stability and well-being in Milwaukee, WI, and beyond. Ultimately, Employes' Mutual Benefit Association empowers employees by providing essential resources that promote resilience in the face of life's adversities.
This information is meant to be a general summary of Employes' Mutual Benefit Association. 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: $5,564
- Program Service Revenue: $174,772
- Gross Receipts: $197,319
Assets and Liabilities:
- Total Assets: $768,346
- Total Liabilities: $51,261
- Net Assets: $717,085
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PREMIUMS - SICKNESS & ACCIDENT
Revenue
$174,772
Organization Details
Founding Year
1912
Phone
(414) 221-2997Principal Officer
Timothy Smith
Main Address
231 W Michigan Street, Milwaukee, WI, 53203
NTEE Category
Code: Y20 - Mutual benefit
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