Ngs Non-Exempt Employee Benefit Trust

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

EIN: 473550479 ✦ Indianapolis, IN ✦ Designated as a 501(c)(9)

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Overview

What is Ngs Non-Exempt Employee Benefit Trust?

NGS Non-Exempt Employee Benefit Trust is a nonprofit organization based in Indianapolis that offers welfare benefits to eligible employees. They facilitate the delivery of these benefits through fraternal beneficiary societies and voluntary employees associations. The Trust's primary mission is to enhance the wellbeing of their employees by providing essential services and resources.

What are the reviews and ratings of this charity?

The Ngs Non-Exempt Employee Benefit Trust is not currently rated by Charity Navigator, primarily because it is not registered as a 501(c)(3) organization. Without this designation, the nonprofit cannot be evaluated for its Accountability & Finance or its Impact & Measurement. While this lack of rating may seem concerning, it does not imply any specific positive or negative evaluation of the organization.

Missing data on total revenue, expenses, and key personnel salaries presents a challenge in assessing the financial health and organizational efficiency of the Ngs Non-Exempt Employee Benefit Trust. Typically, Charity Navigator provides insights into these areas, but without the necessary information, donors and stakeholders cannot form a comprehensive understanding from this source alone.

Additionally, user reviews from GreatNonprofits are unavailable, leaving a gap in understanding the community and donor sentiment about the organization. This limits insights into the nonprofit's effectiveness, culture, and community impact from those who may have firsthand experience.


This AI summary has been generated from information found on Charity Navigator.

Is Ngs Non-Exempt Employee Benefit Trust legitimate?

Ngs Non-Exempt Employee Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Ngs Non-Exempt 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: $541
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Ngs Non-Exempt Employee Benefit Trust?

The NGS Non-Exempt Employee Benefit Trust is dedicated to offering welfare benefits to eligible employees. This is accomplished through collaboration with fraternal beneficiary societies and voluntary employees associations. In essence, the trust serves as a bridge, providing essential benefits to employees in need. By working with these organizations, the Trust ensures access to valuable resources that enhance the well-being of its members. Through this mission, the Trust aims to contribute positively to the lives of those it serves.

Who is the CEO of Ngs Non-Exempt Employee Benefit Trust?

Jp Morgan Chase Bank Na is the Trustee of Ngs Non-Exempt Employee Benefit Trust.

What is the revenue of Ngs Non-Exempt Employee Benefit Trust?

Ngs Non-Exempt Employee Benefit Trust's revenue in 2022 was $14,455,320.

Who are the executives of Ngs Non-Exempt Employee Benefit Trust and what are their salaries?


There is 1 key member and their salary:


Jp Morgan Chase Bank Na (Trustee)
  • Compensation: $541
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ngs Non-Exempt Employee Benefit Trust?

Ngs Non-Exempt Employee Benefit Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ngs Non-Exempt Employee Benefit Trust

NGS Non-Exempt Employee Benefit Trust is a mission-driven organization that extends welfare benefits to qualified employees. It achieves this goal through the collaboration of fraternal beneficiary societies and voluntary employees associations. The Trust's commitment to employee welfare is significant, making a difference in the lives of many.

By providing essential benefits to its eligible members, NGS Non-Exempt Employee Benefit Trust ensures that its employees have access to resources that enhance their overall wellbeing. The organization's approach to employee welfare not only strengthens the workforce but also fosters a sense of community and support among its members.

Through the partnerships with fraternal beneficiary societies and voluntary employees associations, NGS Non-Exempt Employee Benefit Trust is able to offer a wide range of benefits tailored to its employees' needs. These benefits may include health and wellness programs, financial assistance, and other resources designed to promote employee well-being and job satisfaction. In essence, the organization acts as a safety net, offering vital support that can make a significant impact on an employee's life.

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Impact




October, 2024

NGS Non-Exempt Employee Benefit Trust plays a significant role in providing welfare benefits to eligible employees in Indianapolis. By offering these benefits through fraternal beneficiary societies and voluntary employee associations, the trust enhances the overall well-being and financial security of its members.

The impact of the trust is multifaceted: it not only supports employee health and wellness but also fosters a sense of community and solidarity among workers. Through its programs, eligible employees gain access to essential welfare benefits, which can include health insurance, retirement plans, and other forms of support that contribute to their long-term stability and productivity.

Furthermore, by focusing on mutual benefit, the trust helps establish a collaborative environment where employees can support one another, reinforcing a culture of teamwork and shared goals within the workforce. This collective approach not only benefits individual employees but also strengthens the overall productivity and morale within organizations in the region.




This information is meant to be a general summary of Ngs Non-Exempt 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
$14,455,320 (2022)
Expenses
$13,195,730 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $165,153
  • Program Service Revenue: $14,290,167
  • Gross Receipts: $14,455,320

Assets and Liabilities:

  • Total Assets: $12,611,488
  • Total Liabilities: $0
  • Net Assets: $12,611,488

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$12,032,421

EMPLOYEE CONTRIBUTIONS

Revenue

$2,257,746

Organization Details

Founding Year

2014

Principal Officer

Jp Morgan Chase Bank Na

Main Address

220 VIRGINIA AVE, Indianapolis, IN, 46204

NTEE Category

Code: Y43 - Mutual benefit

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