Overview
What is Midwest Construction & Distribution?
Midwest Construction & Distribution, identified as Industry Benefit Trust in its operations, is a nonprofit organization situated in Eagan, Minnesota. Its primary focus is to provide health, dental, life, short-term disability, and accidental death and dismemberment benefits to eligible employees of participating employers. The organization self-funds most of these benefits, while life and accidental death and dismemberment benefits are covered through insurance policies. To safeguard against catastrophic losses in the self-funded benefits, Midwest Construction & Distribution carries stop-loss insurance. The organization's mission is to ensure the well-being of its employees by offering comprehensive healthcare and welfare benefits.
Is Midwest Construction & Distribution legitimate?
Midwest Construction & Distribution is a legitimate nonprofit organization registered as a 501(c)(9) entity. Midwest Construction & Distribution 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 Midwest Construction & Distribution?
Midwest Construction & Distribution's mission is centered around providing health and welfare benefits for eligible employees of participating employers. This organization ensures the availability of comprehensive benefits such as health, dental, life, short-term disability, and accidental death and dismemberment coverage. While most benefits are self-funded, life and accidental death and dismemberment benefits are secured through insurance policies. To protect participants from catastrophic losses in the self-funded benefits, the plan carries stop-loss insurance.
Who is the CEO of Midwest Construction & Distribution?
Greg Skagerberg is the Trustee of Midwest Construction & Distribution.
What is the revenue of Midwest Construction & Distribution?
Midwest Construction & Distribution's revenue in 2023 was $2,015,638.
Who are the executives of Midwest Construction & Distribution and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Midwest Construction & Distribution?
Midwest Construction & Distribution's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Midwest Construction & Distribution
Midwest Construction & Distribution, as a organization, is committed to providing health and welfare benefits for eligible employees of participating employers. This mission is accomplished through a self-funded plan that offers a range of benefits, including health, dental, life, short-term disability, and accidental death and dismemberment coverage. The plan covers most benefits, with life and accidental death and dismemberment benefits being supplemented through insurance policies. To safeguard the participants in the case of a catastrophic loss in the self-funded benefit, Midwest Construction & Distribution carries stop-loss insurance. This proactive approach ensures that eligible employees of participating employers have access to comprehensive health and welfare benefits, thereby contributing to their overall well-being.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Midwest Construction & Distribution plays a crucial role in enhancing the health and welfare of employees within the construction sector. By providing a comprehensive benefits plan that includes health, dental, life, short-term disability, and accidental death and dismemberment coverage, the organization ensures that eligible employees have access to essential healthcare services and financial security. This support not only directly improves the quality of life for workers and their families but also fosters a more stable and motivated workforce for participating employers.
The plan's self-funding model, supplemented by insurance policies for life and accidental death benefits, demonstrates a commitment to efficient resource management while protecting participants from catastrophic losses. By offering these essential benefits in a structured manner, Midwest Construction & Distribution helps to create a more equitable workplace environment, encouraging employee retention and productivity.
Based in Eagan, Minnesota, the organization serves as a vital resource, underscoring the importance of mutual benefit in the construction industry. Through its mission, it strengthens the overall welfare of the community by prioritizing the health and well-being of its workforce, ensuring that employees are not only cared for but also empowered to contribute meaningfully to their employers and society at large.
This information is meant to be a general summary of Midwest Construction & Distribution. 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 2023.
- Investment Income: $71,650
- Program Service Revenue: $1,943,988
- Gross Receipts: $2,015,638
Assets and Liabilities:
- Total Assets: $4,394,816
- Total Liabilities: $43,231
- Net Assets: $4,351,585
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTION
Revenue
$1,943,251
EMPLOYEE CONTRIBUTION
Revenue
$737
Organization Details
Founding Year
1970
Principal Officer
Greg Skagerberg
Main Address
2919 EAGANDALE BLVD STE 120, EAGAN, MN, 55121
NTEE Category
Code: Y40 - Mutual benefit
If you are a representative of Midwest Construction & Distribution and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.