Overview
What is Farm Credit Foundations Welfare Benefits Trust?
The Farm Credit Foundations Welfare Benefits Trust is a nonprofit organization dedicated to offering essential benefits to its members. Through collective contributions from employees and employers, the Trust provides funding for a comprehensive range of benefits, including medical, dental, accidental death and dismemberment, life insurance, flexible spending, vision, and long-term disability coverage. The primary mission of the Trust is to ensure the wellbeing of its members by providing these essential employee benefits.
Is Farm Credit Foundations Welfare Benefits Trust legitimate?
Farm Credit Foundations Welfare Benefits Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Farm Credit Foundations Welfare Benefits 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Farm Credit Foundations Welfare Benefits Trust?
The Farm Credit Foundations Welfare Benefits Trust is an organization dedicated to offering medical, dental, accident and disability, life, flex, vision, and long-term disability benefits to its members. Employees and employers contribute to a fund that covers these benefits, with the primary objective of providing essential employee benefits. The organization's purpose is to ensure the welfare and wellbeing of its members by offering these comprehensive benefits. It aims to provide peace of mind and security, allowing members to focus on their personal and professional lives without worrying about their health and financial security. The Trust's mission is to enhance the quality of life for its members by offering a range of benefits that cater to various health and wellness needs.
Who is the CEO of Farm Credit Foundations Welfare Benefits Trust?
Teresa Heath-Alva is the Principal Officer of Farm Credit Foundations Welfare Benefits Trust. The CEO's salary of Farm Credit Foundations Welfare Benefits Trust is $0 and their total compensation is $0.
What is the revenue of Farm Credit Foundations Welfare Benefits Trust?
Farm Credit Foundations Welfare Benefits Trust's revenue in 2022 was $190,444,638.
Who are the executives of Farm Credit Foundations Welfare Benefits Trust and what are their salaries?
Here are 9 key members and their salaries (Farm Credit Foundations Welfare Benefits Trust's CEO's salary is $0 and their total compensation is $0):
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Where can I find the form 990 for Farm Credit Foundations Welfare Benefits Trust?
Farm Credit Foundations Welfare Benefits Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Farm Credit Foundations Welfare Benefits Trust
Farm Credit Foundations Welfare Benefits Trust is a nonprofit organization that prioritizes the well-being of its members by offering a comprehensive range of employee benefits. The Trust's mission is to provide medical, dental, accident and disability, life, flex, vision, and long-term disability benefits to its members. The funding for these benefits comes from the regular contributions made by employees and employers, ensuring the sustainability of this vital program.
The organization's primary goal is to enhance the quality of life for its members by offering them access to essential health and wellness services. Farm Credit Foundations Welfare Benefits Trust is dedicated to providing its members with peace of mind, knowing they are supported with a robust benefits package during times of need. By offering these benefits, the Trust enables its members to focus on their personal and professional growth, free from the burden of worrying about their health and financial security.
The Trust's commitment to its members extends beyond just providing benefits. It strives to create a sense of community and support, pooling resources together to ensure that each member receives the care and coverage they need. With a strong focus on employee well-being, Farm Credit Foundations Welfare Benefits Trust stands as a beacon of security and stability for its members, empowering them to live their lives to the fullest.
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Impact
October, 2024
Farm Credit Foundations Welfare Benefits Trust plays a crucial role in enhancing the well-being of its members by providing a comprehensive suite of employee benefits. These include essential medical, dental, and life insurance coverage, as well as long-term disability, vision, and accidental death and dismemberment (AD&D) benefits. By facilitating the collection of contributions from employees and their employers, the Trust ensures that these vital benefits remain accessible and sustainable.
The impact of these offerings is significant, as they contribute to the overall health and financial security of members, enabling them to focus on their work and personal lives with greater peace of mind. The Trust's mission to deliver a robust benefits package fosters a supportive environment for its members, ultimately enhancing workplace morale and productivity. In this way, the Farm Credit Foundations Welfare Benefits Trust serves as a vital resource for individuals and families, helping to mitigate the financial strain associated with health-related issues and unforeseen life events.
This information is meant to be a general summary of Farm Credit Foundations Welfare Benefits 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: $556,310
- Program Service Revenue: $189,888,328
- Gross Receipts: $190,444,638
Assets and Liabilities:
- Total Assets: $25,396,278
- Total Liabilities: $17,113,564
- Net Assets: $8,282,714
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYEE/ER CONTRIBUTIONS
Revenue
$180,933,474
EMPLOYER/EEINS PREMIUMS
Revenue
$8,954,854
Organization Details
Founding Year
1990
Phone
(651) 282-8365Principal Officer
Teresa Heath-Alva
Main Address
30 E 7TH STREET 3000, ST PAUL, MN, 55101
NTEE Category
Code: Y40 - Mutual benefit
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