K & W Electric Inc Voluntary Employee Benefit Trust

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

EIN: 421396835 ✦ Cedar falls, IA ✦ Designated as a 501(c)(9)

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Overview

What is K & W Electric Inc Voluntary Employee Benefit Trust?

K & W Electric Inc Voluntary Employee Benefit Trust is a nonprofit entity situated at 1127 Lincoln St, Cedar Falls, Iowa 50613. Its primary role is to offer vacation and holiday pay benefits to the employees of K&W Electric Inc. This trust serves as a means to enhance the overall well-being of the company's workforce by providing them with time off and special paid days, thereby contributing to their overall satisfaction and work-life balance.

Is K & W Electric Inc Voluntary Employee Benefit Trust legitimate?

K & W Electric Inc Voluntary Employee Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. K & W Electric Inc Voluntary Employee 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.


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 K & W Electric Inc Voluntary Employee Benefit Trust?

The mission of K & W Electric Inc Voluntary Employee Benefit Trust is centered around providing vacation and holiday pay to the employees of K&W Electric Inc. This objective is aimed at enhancing the work-life balance of the employees, allowing them to take time off and rejuvenate, thereby improving their overall well-being and productivity. By offering vacation and holiday pay, the trust aims to demonstrate its commitment to the welfare of its employees and contribute to their overall job satisfaction. The provision of these benefits serves as a recognition of the employees' hard work and dedication to the company.

Who is the CEO of K & W Electric Inc Voluntary Employee Benefit Trust?

Kevin Martin is the Trustee of K & W Electric Inc Voluntary Employee Benefit Trust.

What is the revenue of K & W Electric Inc Voluntary Employee Benefit Trust?

K & W Electric Inc Voluntary Employee Benefit Trust's revenue in 2022 was $592,595.

Who are the executives of K & W Electric Inc Voluntary Employee Benefit Trust and what are their salaries?

There 3 volunteers at K & W Electric Inc Voluntary Employee Benefit Trust.


Here are 7 key members and their salaries:


Joanna Brown (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Endorf (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Brandt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Martin (Director/Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Devries (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Steinkamp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rich Muller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for K & W Electric Inc Voluntary Employee Benefit Trust?

K & W Electric Inc Voluntary Employee Benefit Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of K & W Electric Inc Voluntary Employee Benefit Trust

K&W Electric Inc Voluntary Employee Benefit Trust is committed to serving its affiliated company, K&W Electric Inc., by providing its employees with vacation and holiday pay. This mission is integral to ensuring that the employees of K&W Electric Inc. have the opportunity to take time off and celebrate various holidays, thereby promoting work-life balance and overall employee well-being. By offering vacation and holiday pay, K&W Electric Inc Voluntary Employee Benefit Trust contributes to the overall morale and productivity of the workforce, enabling them to return to their jobs refreshed and rejuvenated. This initiative, in turn, benefits the company as a whole, as motivated and satisfied employees tend to contribute more effectively to the organization's success.

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Impact




October, 2024

K & W Electric Inc Voluntary Employee Benefit Trust significantly enhances the welfare of K&W Electric Inc.'s employees by providing essential benefits such as vacation and holiday pay. This support fosters a positive work environment, encouraging employee retention and job satisfaction. By ensuring that employees have access to paid time off, the trust helps alleviate financial stress and promotes a better work-life balance, ultimately contributing to a more motivated and productive workforce. Additionally, this commitment to employee benefits reflects a strong organizational culture that values and invests in its personnel, which can be a key factor in attracting talent in a competitive job market. Overall, the trust plays a vital role in enhancing the overall quality of life for employees, thereby benefiting the organization as a whole.




This information is meant to be a general summary of K & W Electric Inc Voluntary Employee 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.

Revenue
$592,595 (2022)
Expenses
$443,266 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $592,595

Assets and Liabilities:

  • Total Assets: $174,020
  • Total Liabilities: $0
  • Net Assets: $174,020

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Organization Details

Founding Year

1993

Principal Officer

Kevin Martin

Main Address

1127 Lincoln St, Cedar Falls, IA, 50613

NTEE Category

Code: Y40 - Mutual benefit

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