Overview
What is Glenn O Hawbaker Inc Employee Welfare Benefit Trust?
Glenn O Hawbaker Inc Employee Welfare Benefit Trust is a nonprofit organization established to shield eligible employees and their dependents from select health expenses. Based in State College, Pennsylvania, the trust's primary mission is to safeguard employees against potential financial hardships caused by injury or sickness. The trust sponsor focuses on controlling healthcare costs through innovative and efficient plan design and cost containment measures, adhering to the plan document to allocate resources effectively to help participants in the plan.
Is Glenn O Hawbaker Inc Employee Welfare Benefit Trust legitimate?
Glenn O Hawbaker Inc Employee Welfare Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Glenn O Hawbaker Inc Employee Welfare 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Glenn O Hawbaker Inc Employee Welfare Benefit Trust?
The Glenn O Hawbaker Inc Employee Welfare Benefit Trust is established with the purpose of shielding eligible employees and their dependents from specific health expenses. The trust aims to help mitigate the financial burdens arising from injuries or sicknesses. To accomplish this goal, the trust sponsor must focus on controlling and minimizing healthcare costs through innovative and efficient plan designs and cost containment provisions. Adhering to the terms of the plan document is essential to effectively allocate resources to help participants in the plan to the greatest extent possible.
Who is the CEO of Glenn O Hawbaker Inc Employee Welfare Benefit Trust?
Daniel R Hawbaker is the Trustee of Glenn O Hawbaker Inc Employee Welfare Benefit Trust.
What is the revenue of Glenn O Hawbaker Inc Employee Welfare Benefit Trust?
Glenn O Hawbaker Inc Employee Welfare Benefit Trust's revenue in 2022 was $12,393,671.
Who are the executives of Glenn O Hawbaker Inc Employee Welfare Benefit Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Glenn O Hawbaker Inc Employee Welfare Benefit Trust?
Glenn O Hawbaker Inc Employee Welfare Benefit Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Glenn O Hawbaker Inc Employee Welfare Benefit Trust
Glenn O Hawbaker Inc Employee Welfare Benefit Trust is a mission-driven organization aimed at shielding eligible employees and their dependents from significant health expenses. By establishing this trust, the plan sponsor intends to provide a safety net against the financial burdens that arise from injury or sickness.
To accomplish this purpose, the plan sponsor of Glenn O Hawbaker Inc Employee Welfare Benefit Trust is dedicated to controlling and minimizing healthcare costs through innovative and efficient plan design and cost containment provisions. The trust's primary goal is to allocate available resources effectively to help participants in the plan to the fullest extent possible.
The plan sponsor's commitment to protecting the health and financial wellbeing of its employees necessitates a thoughtful approach to managing costs while adhering to the terms of the plan document. Glenn O Hawbaker Inc Employee Welfare Benefit Trust strives to ensure that the resources at its disposal are used wisely and efficiently to support participants in their time of need.
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Impact
October, 2024
Glenn O Hawbaker Inc Employee Welfare Benefit Trust plays a crucial role in supporting eligible employees and their dependents by providing financial protection against certain health expenses. The trust is designed to mitigate the financial strain caused by injuries or illnesses, ensuring that employees have access to necessary healthcare without overwhelming financial burdens.
By focusing on innovative plan design and cost containment, the trust efficiently manages healthcare costs while delivering essential benefits to its participants. This strategic approach not only enhances the well-being of employees but also fosters a more secure and productive work environment. The trust’s commitment to upholding the terms of the plan reinforces its mission, allowing it to effectively allocate resources and support those in need. Overall, the trust significantly impacts the lives of employees and their families, contributing to a healthier workforce and a stronger community in State College, PA.
This information is meant to be a general summary of Glenn O Hawbaker Inc Employee Welfare 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $12,393,671
- Gross Receipts: $12,393,671
Assets and Liabilities:
- Total Assets: $9,896,625
- Total Liabilities: $0
- Net Assets: $9,896,625
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PLAN CONTRIBUTIONS
Revenue
$12,393,671
Organization Details
Founding Year
1984
Phone
(814) 237-1444Principal Officer
Daniel R Hawbaker
Main Address
1952 WADDLE RD, STATE COLLEGE, PA, 16803
NTEE Category
Code: Y43 - Mutual benefit
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