Overview
What is Maine Workers Compensation Policyholder Trust?
Maine Workers Compensation Policyholder Trust is a nonprofit organization situated at 45 Melville St 1, Augusta, ME 04330. Their primary objective is to utilize funds to support Maine employers and organizations, aiming to foster a stronger, safer, healthier, and more prosperous workforce and economy within the state. The Trust focuses on activities that will enhance the future of Maine's workforce and economy, utilizing funds in a manner that benefits employees who purchased workers' compensation insurance between September 1995 and November 2001, specifically concerning workers' compensation matters in Maine.
Is Maine Workers Compensation Policyholder Trust legitimate?
Maine Workers Compensation Policyholder Trust is a legitimate nonprofit organization registered as a 501(c)(4) entity. Maine Workers Compensation Policyholder 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.
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What is the mission statement of Maine Workers Compensation Policyholder Trust?
The Maine Workers Compensation Policyholder Trust's mission is to utilize the funds at its disposal to aid Maine employers and organizations in fostering a stronger, safer, healthier, and more prosperous workforce and economy within the state. This mission is carried out by using the funds in a manner that benefits Maine employees who purchased workers' compensation insurance between specific periods. The goal is to enhance the overall well-being and success of the workforce and the economy, thereby contributing positively to the state as a whole.
Who is the CEO of Maine Workers Compensation Policyholder Trust?
Unavailable
What is the revenue of Maine Workers Compensation Policyholder Trust?
Maine Workers Compensation Policyholder Trust's revenue in 2022 was $326,317.
Who are the executives of Maine Workers Compensation Policyholder Trust and what are their salaries?
There 3 volunteers at Maine Workers Compensation Policyholder Trust.
Here are 4 key members and their salaries:
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Where can I find the form 990 for Maine Workers Compensation Policyholder Trust?
Maine Workers Compensation Policyholder Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Maine Workers Compensation Policyholder Trust
The Maine Workers Compensation Policyholder Trust is a mission-driven organization with a primary objective. Utilizing funds at its disposal, this entity aims to assist Maine employers and organizations in their endeavors to construct a more robust, secure, healthier, and prosperous future workforce and economy within the State of Maine. The trust's purpose is to channel the funds it manages in relation to workers' compensation matters in Maine, in a manner that benefits those employees who purchased workers' compensation insurance between September 1995 and November 2001. The trust's activities are aimed at fostering growth and well-being within Maine's workforce and economy, thereby contributing positively to the state's overall development.
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Impact
October, 2024
The Maine Workers Compensation Policyholder Trust plays a vital role in enhancing the state's workforce and economy by providing targeted financial assistance to employers and organizations. By focusing on activities that improve workplace safety and health, the Trust aims to foster a stronger and more resilient workforce. Its commitment to utilizing funds judiciously ensures that the benefits directly impact Maine employees who purchased workers' compensation insurance during a specific period, from September 1995 to November 2001.
Through various initiatives, the Trust contributes to building a culture of safety and health in the workplace, ultimately leading to reduced injuries and associated costs for employers. This not only supports the well-being of employees but also promotes a more stable and efficient economy in Maine. By encouraging proactive measures and investments in worker safety, the Trust helps create a sustainable environment where businesses can thrive, thus enhancing the overall quality of life in the state.
This information is meant to be a general summary of Maine Workers Compensation Policyholder 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: $326,317
- Gross Receipts: $1,001,786
Assets and Liabilities:
- Total Assets: $12,978,623
- Total Liabilities: $3,939
- Net Assets: $12,974,684
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Organization Details
Founding Year
2015
Phone
(207) 623-1149Main Address
45 Melville St 1, Augusta, ME, 04330
NTEE Category
Code: T90 - Philanthropy
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