Owen Industries Health Care Plan Flexible Benefit Plan Trust

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

EIN: 470695670 ✦ Omaha, NE ✦ Designated as a 501(c)(9)

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Overview

What is Owen Industries Health Care Plan Flexible Benefit Plan Trust?

Owen Industries Health Care Plan Flexible Benefit Plan Trust is a nonprofit organization, specifically designed to offer comprehensive health, dental, life, long-term, and short-term disability benefits to eligible full-time employees and retirees of Owen Industries, Inc. Located in Omaha, Nebraska, this trust aims to enhance the wellbeing of its beneficiaries by providing them with essential medical and financial security measures. The organization's mission is to support the overall health and welfare of the employees and retirees of Owen Industries, ensuring they have access to necessary medical coverage and disability benefits.

Is Owen Industries Health Care Plan Flexible Benefit Plan Trust legitimate?

Owen Industries Health Care Plan Flexible Benefit Plan Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Owen Industries Health Care Plan Flexible Benefit Plan 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 Owen Industries Health Care Plan Flexible Benefit Plan Trust?

The Owen Industries Health Care Plan Flexible Benefit Plan Trust is dedicated to providing comprehensive health, dental, life, long-term, and short-term disability benefits for eligible full-time employees and retirees of Owen Industries, Inc. Its mission is to ensure the well-being of these individuals by offering essential health coverage, thereby enhancing their overall quality of life. The trust aims to safeguard their financial security during periods of illness or disability, providing a sense of security and peace of mind. This benevolent initiative underscores Owen Industries' commitment to its employees' welfare, promoting a healthier and more secure workforce.

Who is the CEO of Owen Industries Health Care Plan Flexible Benefit Plan Trust?

Darren Bennett is the Trustee of Owen Industries Health Care Plan Flexible Benefit Plan Trust.

What is the revenue of Owen Industries Health Care Plan Flexible Benefit Plan Trust?

Owen Industries Health Care Plan Flexible Benefit Plan Trust's revenue in 2020 was $4,700,514.

Who are the executives of Owen Industries Health Care Plan Flexible Benefit Plan Trust and what are their salaries?


Here are 4 key members and their salaries:


Robert E Owen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darren Bennett (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tyler R Owen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald Debord (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Owen Industries Health Care Plan Flexible Benefit Plan Trust?

Owen Industries Health Care Plan Flexible Benefit Plan Trust's most recent form 990 was submitted in 2020 and can be accessed here.

Mission Statement of Owen Industries Health Care Plan Flexible Benefit Plan Trust

Owen Industries Health Care Plan Flexible Benefit Plan Trust is dedicated to providing essential health, dental, life, long-term, and short-term disability benefits for eligible full-time employees and retirees of Owen Industries, Inc. This nonprofit organization's mission is to ensure the well-being and financial security of its beneficiaries during times of health challenges or disabilities. By offering a comprehensive range of benefits, Owen Industries Health Care Plan Flexible Benefit Plan Trust aims to support the overall health and wellness of its members, enabling them to maintain their quality of life and focus on their recovery. The trust's mission is an essential component of Owen Industries' commitment to their employees and retirees, demonstrating a strong sense of responsibility and care towards their workforce.

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Impact




October, 2024

The Owen Industries Health Care Plan Flexible Benefit Plan Trust plays a crucial role in enhancing the well-being of eligible employees and retirees of Owen Industries, Inc. by providing a comprehensive range of benefits. This includes health, dental, life, and both long-term and short-term disability coverage, which collectively contribute to the financial security and health of participants.

By offering these benefits, the Trust ensures that employees and retirees have access to essential health care services, which can significantly reduce the financial burden associated with medical expenses. This support not only promotes physical well-being but also fosters a sense of security and peace of mind, allowing employees to focus on their work and personal lives without the constant worry of how to manage health-related costs.

Moreover, the availability of life and disability benefits further protects employees’ families and their financial stability in the event of unforeseen circumstances. Such comprehensive support can lead to improved employee morale, higher job satisfaction, and increased retention rates, which are vital for the overall productivity and success of Owen Industries, Inc.

Overall, the Owen Industries Health Care Plan Flexible Benefit Plan Trust is instrumental in creating a supportive work environment that values the health and well-being of its workforce, contributing positively to both individual lives and the organizational culture.




This information is meant to be a general summary of Owen Industries Health Care Plan Flexible Benefit Plan 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
$4,700,514 (2020)
Expenses
$4,678,159 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Investment Income: $140
  • Program Service Revenue: $3,932,825
  • Gross Receipts: $4,700,514

Assets and Liabilities:

  • Total Assets: $527,587
  • Total Liabilities: $459,224
  • Net Assets: $68,363

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$2,564,110

EMPLOYEE CONTRIBUTIONS

Revenue

$1,368,715

Organization Details

Founding Year

1959

Principal Officer

Darren Bennett

Main Address

PO BOX 1085, OMAHA, NE, 681011085

NTEE Category

Code: Y43 - Mutual benefit

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