Mccormick And Co Employee Benefit Trust

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

EIN: 526181385 ✦ Hunt valley, MD ✦ Designated as a 501(c)(9)

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Overview

What is Mccormick And Co Employee Benefit Trust?

Mccormick And Co Employee Benefit Trust is a nonprofit organization, established by McCormick & Company, Inc., with a primary mission to fund employee benefit programs. Located in Hunt Valley, Maryland, the trust's main objective is to provide disability benefit payments for its members. The trust operates within the boundaries of a short-term benefit fund, ensuring support for its members during challenging times. By doing so, Mccormick And Co Employee Benefit Trust plays an essential role in safeguarding the well-being of its affiliated individuals.


Official website here: www.mccormickcorporation.com

Is Mccormick And Co Employee Benefit Trust legitimate?

Mccormick And Co Employee Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Mccormick And Co 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.mccormickcorporation.com

What is the mission statement of Mccormick And Co Employee Benefit Trust?

The Mccormick And Co Employee Benefit Trust was established with the primary objective of funding various employee benefit programs. Its primary mission is to provide disability benefit payments to its members. The organization, founded by McCormick & Company, Inc., is dedicated to offering financial aid during short-term periods, ensuring support for its members during challenging times. The Trust's activities primarily revolve around managing and distributing disability benefits, ensuring financial security for its members during their time of need.


Official website here: www.mccormickcorporation.com

Who is the CEO of Mccormick And Co Employee Benefit Trust?

Sarah Piper is the N/A of Mccormick And Co Employee Benefit Trust.


Official website here: www.mccormickcorporation.com

What is the revenue of Mccormick And Co Employee Benefit Trust?

Mccormick And Co Employee Benefit Trust's revenue in 2022 was $2,960,397.


Official website here: www.mccormickcorporation.com

Who are the executives of Mccormick And Co Employee Benefit Trust and what are their salaries?


There is 1 key member and their salary:


Na (N/A)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mccormickcorporation.com

Where can I find the form 990 for Mccormick And Co Employee Benefit Trust?

Mccormick And Co Employee Benefit Trust's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mccormickcorporation.com

Learn more at the official website: www.mccormickcorporation.com

Mission Statement of Mccormick And Co Employee Benefit Trust

The McCormick and Co Employee Benefit Trust, established by McCormick & Company, Inc., was formed with a primary objective to fund various employee benefit programs. Its primary purpose is to provide disability benefit payments to its members, ensuring financial support during temporary incapacitation. The trust is committed to disbursing short-term benefit funds to its members, offering a safety net during challenging times.

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Impact




October, 2024

Mccormick And Co Employee Benefit Trust plays a crucial role in supporting the financial well-being of employees through its focus on funding essential employee benefit programs. Its primary mission is to provide disability benefit payments, which are vital for employees facing temporary disabilities that impact their ability to work.

By facilitating short-term benefit payments, the trust helps ensure that employees receive necessary financial support during challenging times. This not only aids individuals in maintaining their livelihoods but also contributes to overall employee morale and job security within the organization. The trust's impact extends beyond individual beneficiaries, fostering a supportive workplace culture at Mccormick & Company, Inc. in Hunt Valley, MD.




This information is meant to be a general summary of Mccormick And Co 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
$2,960,397 (2022)
Expenses
$3,119,268 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,891
  • Program Service Revenue: $2,958,506
  • Gross Receipts: $2,960,397

Assets and Liabilities:

  • Total Assets: $532,349
  • Total Liabilities: $211,385
  • Net Assets: $320,964

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Programs

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

EMPLOYEE CONTRIBUTIONS

Revenue

$2,477,576

EMPLOYER CONTRIBUTIONS

Revenue

$480,930

Organization Details

Founding Year

1995

Principal Officer

Sarah Piper

Main Address

24 SCHILLING ROAD, HUNT VALLEY, MD, 21031

NTEE Category

Code: Y40 - Mutual benefit

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