Overview
What is General Dynamics Corporation Employee Benefit Welfare Trust?
The General Dynamics Corporation Employee Benefit Welfare Trust is a charitable trust established to support the long-term disability needs of General Dynamics Corporation employees. Based in Chicago, Illinois, this nonprofit organization aims to provide essential benefits to employees in need. Through its programs, the Trust offers long-term disability benefits, ensuring financial assistance and security for those who face extended periods of incapacity. The Trust's mission is focused on enhancing the wellbeing of its employees during challenging times.
What are the reviews and ratings of this charity?
The General Dynamics Corporation Employee Benefit Welfare Trust is not currently rated on Charity Navigator. This is primarily because the organization does not have the necessary Accountability & Finance or Impact & Measurement data required for a rating. Charity Navigator focuses on evaluating nonprofits that are registered as 501(c)(3) organizations, which this organization is not.
The absence of a rating from Charity Navigator should not be taken as a positive or negative indication of the organization's performance. Historically, ratings have reflected financial accountability but not other crucial aspects like Leadership & Adaptability or Culture & Community. Key financial details such as total revenue, expenses, and salaries of key persons are also unavailable, leaving potential donors with limited insight.
Due to the lack of user reviews on GreatNonprofits, there's no additional feedback from stakeholders or beneficiaries to further gauge the organization's impact or community engagement.
This AI summary has been generated from information found on Charity Navigator.
Is General Dynamics Corporation Employee Benefit Welfare Trust legitimate?
General Dynamics Corporation Employee Benefit Welfare Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. General Dynamics Corporation Employee Benefit 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: $14,631
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of General Dynamics Corporation Employee Benefit Welfare Trust?
The General Dynamics Corporation Employee Benefit Welfare Trust focuses on delivering long-term disability benefits to its workforce. This trust is committed to ensuring financial security for employees facing extended periods of disability. Through its offerings, the Trust aims to provide a crucial safety net during challenging times. By offering these essential benefits, the Trust plays a vital role in enhancing the overall wellbeing and peace of mind for its beneficiaries. The Trust's mission is to alleviate the financial burden that comes with long-term disability, allowing employees to focus on their recovery and wellbeing.
Who is the CEO of General Dynamics Corporation Employee Benefit Welfare Trust?
Randall Miller is the Principal Officer of General Dynamics Corporation Employee Benefit Welfare Trust.
What is the revenue of General Dynamics Corporation Employee Benefit Welfare Trust?
General Dynamics Corporation Employee Benefit Welfare Trust's revenue in 2022 was $18,126,589.
Who are the executives of General Dynamics Corporation Employee Benefit Welfare Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $14,631
- Related: $0
- Other: $0
Where can I find the form 990 for General Dynamics Corporation Employee Benefit Welfare Trust?
General Dynamics Corporation Employee Benefit Welfare Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of General Dynamics Corporation Employee Benefit Welfare Trust
The General Dynamics Corporation Employee Benefit Welfare Trust is a dedicated organization that focuses on delivering long-term disability benefits for its employees. Established with a clear mission, this trust goes above and beyond to ensure the financial security of its workforce in times of need. The Trust's primary program encompasses the provision of extensive long-term disability benefits, helping employees maintain their livelihoods when faced with disabilities that hinder their ability to work.
By offering these essential benefits, the General Dynamics Corporation Employee Benefit Welfare Trust plays a crucial role in providing a safety net for its employees. The Trust's commitment to the wellbeing of its workforce not only offers peace of mind but also enables them to focus on their recovery and rehabilitation, rather than worrying about their financial situation. The trust's unwavering dedication to its mission is testament to its commitment to the overall wellbeing of its employees.
In summary, the General Dynamics Corporation Employee Benefit Welfare Trust is a compassionate organization that puts the needs of its employees first. Through its mission to provide long-term disability benefits, the Trust offers a vital service that enables its workforce to weather the challenges of disability and financial hardship, empowering them to focus on their recovery and rebuilding their lives.
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Impact
October, 2024
The General Dynamics Corporation Employee Benefit Welfare Trust plays a crucial role in supporting employees who may face long-term disability challenges. By offering long-term disability benefits, the Trust ensures that employees have a financial safety net during difficult times, allowing them to maintain a level of financial stability and security.
Located in Chicago, IL, the Trust is committed to the well-being of its beneficiaries, reflecting an investment in the workforce's health and future. The programs designed by the Trust not only assist employees during their recovery but also help promote a culture of care and responsibility within the organization. This focus on mutual benefit strengthens employee morale and loyalty, ultimately contributing to a more resilient and productive workforce.
In summary, the General Dynamics Corporation Employee Benefit Welfare Trust significantly impacts employees' lives by providing essential financial support during critical periods, fostering a supportive work environment, and reinforcing the organization's commitment to its workforce.
This information is meant to be a general summary of General Dynamics Corporation Employee Benefit 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $174,301
- Program Service Revenue: $17,952,288
- Gross Receipts: $18,126,589
Assets and Liabilities:
- Total Assets: $9,937,715
- Total Liabilities: $191,325
- Net Assets: $9,746,390
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTION
Revenue
$9,619,394
PARTICIPANT CONTRIBUTION
Revenue
$8,332,894
Organization Details
Founding Year
1977
Phone
(703) 876-3000Principal Officer
Randall Miller
Main Address
C/O NORTHERN TRUST 50 S LASALLE ST, CHICAGO, IL, 60603
NTEE Category
Code: Y40 - Mutual benefit
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