Cardinal Health Care Trust Fund

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

EIN: 431231947 ✦ Webb city, MO ✦ Designated as a 501(c)(9)

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Overview

What is Cardinal Health Care Trust Fund?

The Cardinal Health Care Trust Fund is a charitable organization specifically established to cater to the health care needs of Cardinal Scale Manufacturing Company's employees. This nonprofit entity is responsible for covering premiums related to health, disability, and life insurance for its beneficiaries. Moreover, the trust fund also takes charge of financing the health care benefits of the participants within the program. In essence, the Cardinal Health Care Trust Fund plays a crucial role in ensuring the medical well-being of Cardinal Scale Manufacturing Company's workforce.

Is Cardinal Health Care Trust Fund legitimate?

Cardinal Health Care Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Cardinal Health Care Trust Fund 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 Cardinal Health Care Trust Fund?

The Cardinal Health Care Trust Fund has a mission to provide health care solutions for the employees of Cardinal Scale Manufacturing Company. This is achieved by offering premiums for health, disability, and life insurance, as well as covering the health care benefits of the program participants. The trust fund is dedicated to ensuring the well-being of its employees by providing them with essential health care services. It serves as a vital support system, ensuring that the employees of Cardinal Scale Manufacturing Company have access to necessary healthcare provisions.

Who is the CEO of Cardinal Health Care Trust Fund?

Matt Stovern is the President of Cardinal Health Care Trust Fund.

What is the revenue of Cardinal Health Care Trust Fund?

Cardinal Health Care Trust Fund's revenue in 2022 was $3,185,080.

Who are the executives of Cardinal Health Care Trust Fund and what are their salaries?

There 3 volunteers at Cardinal Health Care Trust Fund.


Here are 4 key members and their salaries:


Matt Stovern (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
William H Perry Iii (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bradley Swaim (Plan Adminis)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cardinal Scale Mfg Co (Plan Sponsor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Cardinal Health Care Trust Fund?

Cardinal Health Care Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Cardinal Health Care Trust Fund

The Cardinal Health Care Trust Fund is committed to providing health care support to the employees of Cardinal Scale Manufacturing Company. This mission is carried out by offering health, disability, and life insurance premiums, as well as covering the health care benefits of the program participants. In essence, the trust fund serves to enhance the well-being of its beneficiaries by ensuring they have access to necessary medical services.

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Impact




October, 2024

The Cardinal Health Care Trust Fund plays a vital role in ensuring the well-being of employees at Cardinal Scale Manufacturing Company in Webb City, MO. By providing health care programs, it covers premiums for health, disability, and life insurance, which significantly reduces the financial burden on employees and their families. This support not only enhances access to necessary medical services but also promotes a healthier workforce, contributing to overall employee satisfaction and productivity. Additionally, the trust fund's commitment to covering health care benefits directly impacts the quality of life for workers, fostering a sense of security and enabling them to focus on their roles within the company. Through its comprehensive approach to employee health care, the Trust Fund serves as a critical resource for promoting mutual benefit among the workforce.




This information is meant to be a general summary of Cardinal Health Care Trust Fund. 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
$3,185,080 (2022)
Expenses
$2,709,324 (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: $3,185,080
  • Gross Receipts: $3,185,080

Assets and Liabilities:

  • Total Assets: $561,697
  • Total Liabilities: $0
  • Net Assets: $561,697

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$2,059,693

REINSURANCE BENEFITS

Revenue

$657,525

EMPLOYEE CONTRIBUTIONS

Revenue

$467,862

Organization Details

Founding Year

1980

Principal Officer

Matt Stovern

Main Address

102 E DAUGHERTY, WEBB CITY, MO, 64870

NTEE Category

Code: Y40 - Mutual benefit

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