Nm Group Global Llc Health Benefit Trust

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

EIN: 467518358 ✦ Tiffin, OH ✦ Designated as a 501(c)(9)

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Overview

What is Nm Group Global Llc Health Benefit Trust?

Nm Group Global Llc Health Benefit Trust is a nonprofit organization established to serve as a financial resource for the medical, dental, and vision benefits of eligible employees at National Machinery LLC. Situated in Tiffin, Ohio, the organization's primary purpose is to facilitate access to these essential healthcare services for its employees. The trust operates as a funding mechanism, ensuring that the benefits are readily available for those who are qualified within the company.

Is Nm Group Global Llc Health Benefit Trust legitimate?

Nm Group Global Llc Health Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Nm Group Global Llc Health 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: $5,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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What is the mission statement of Nm Group Global Llc Health Benefit Trust?

The Nm Group Global Llc Health Benefit Trust was established with the purpose of serving as a financial resource for providing medical, dental, and vision benefits to the eligible employees of National Machinery LLC. Its primary mission is to ensure the availability of these benefits to the eligible employees, thereby enhancing their overall health and well-being. The Trust acts as a funding mechanism, providing financial support for these essential healthcare services, thereby contributing to the overall health and welfare of the employees. The Trust's role is crucial in ensuring that the employees of National Machinery LLC have access to necessary healthcare services, thus promoting a healthier workforce.

Who is the CEO of Nm Group Global Llc Health Benefit Trust?

Jean Sommer is the Trustee of Nm Group Global Llc Health Benefit Trust.

What is the revenue of Nm Group Global Llc Health Benefit Trust?

Nm Group Global Llc Health Benefit Trust's revenue in 2022 was $4,750,871.

Who are the executives of Nm Group Global Llc Health Benefit Trust and what are their salaries?


There is 1 key member and their salary:


Fifth Third Bank (Trustee)
  • Compensation: $5,000
  • Related: $0
  • Other: $0
Where can I find the form 990 for Nm Group Global Llc Health Benefit Trust?

Nm Group Global Llc Health Benefit Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Nm Group Global Llc Health Benefit Trust

Nm Group Global Llc Health Benefit Trust was established with a mission to serve as a financial foundation for providing medical, dental, and vision benefits to the eligible employees of National Machinery LLC. The organization's primary role is to facilitate the offering and funding of these essential health benefits, ensuring the well-being and healthcare needs of the company's employees are met. By acting as a funding mechanism, Nm Group Global Llc Health Benefit Trust plays a critical role in enhancing the overall health and wellness of the workforce, thereby contributing to a more productive and satisfied employee base within National Machinery LLC.

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Impact




October, 2024

Nm Group Global LLC Health Benefit Trust serves as a critical funding mechanism for the medical, dental, and vision benefits of eligible employees at National Machinery LLC. By providing financial support for these health benefits, the Trust enhances employee well-being, supports workforce retention, and contributes to a healthier workforce. This impact extends beyond individual employees, fostering a more productive work environment and promoting morale. The Trust's focus on mutual benefit underscores its commitment to ensuring that employees have access to essential health care services, which can lead to improved job satisfaction and overall quality of life. Located in Tiffin, OH, the organization plays a vital role in supporting the health and security of the employees it serves.




This information is meant to be a general summary of Nm Group Global Llc Health 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
$4,750,871 (2022)
Expenses
$5,001,622 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5,817
  • Program Service Revenue: $4,745,054
  • Gross Receipts: $4,750,871

Assets and Liabilities:

  • Total Assets: $374,848
  • Total Liabilities: $78,631
  • Net Assets: $296,217

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Programs

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

Employer Contributions

Revenue

$3,953,823

Employee Contributions

Revenue

$791,231

Organization Details

Founding Year

2014

Principal Officer

Jean Sommer

Main Address

161 Greenfield Street, Tiffin, OH, 448832499

NTEE Category

Code: Y43 - Mutual benefit

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