Edgewood Management Corp Voluntary Employee Benefit Trust

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

EIN: 526237120 ✦ Gaithersburg, MD ✦ Designated as a 501(c)(9)

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Overview

What is Edgewood Management Corp Voluntary Employee Benefit Trust?

Edgewood Management Corp Voluntary Employee Benefit Trust is a nonprofit organization situated in Gaithersburg, Maryland. Their primary focus is to offer a range of insurance benefits to employees, which includes group medical coverage, vision and dental plans, basic and voluntary life insurance, supplemental life coverage, accidental death and dismemberment insurance, short-term disability, and long-term disability insurance. This organization serves as a resource for providing various insurance services, aiming to ensure the well-being of its beneficiaries.

Is Edgewood Management Corp Voluntary Employee Benefit Trust legitimate?

Edgewood Management Corp Voluntary Employee Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Edgewood Management Corp Voluntary 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

What is the mission statement of Edgewood Management Corp Voluntary Employee Benefit Trust?

The Edgewood Management Corp Voluntary Employee Benefit Trust's mission is centered around providing various insurance coverages to its clients. Specifically, they offer group medical, vision, dental, basic life, voluntary life, supplemental life, accidental death and dismemberment, short-term disability, and long-term disability insurance. Their primary objective is to ensure the wellbeing of their beneficiaries by offering comprehensive insurance solutions.

Who is the CEO of Edgewood Management Corp Voluntary Employee Benefit Trust?

Jason Salamon is the Trustee of Edgewood Management Corp Voluntary Employee Benefit Trust.

What is the revenue of Edgewood Management Corp Voluntary Employee Benefit Trust?

Edgewood Management Corp Voluntary Employee Benefit Trust's revenue in 2022 was $4,412,120.

Who are the executives of Edgewood Management Corp Voluntary Employee Benefit Trust and what are their salaries?


Here are 6 key members and their salaries:


Jason Salamon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Leithead (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Walker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Liotta-Atkinson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Monique Lim (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Sanquist Until 33122 (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Edgewood Management Corp Voluntary Employee Benefit Trust?

Edgewood Management Corp Voluntary Employee Benefit Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Edgewood Management Corp Voluntary Employee Benefit Trust

Edgewood Management Corp Voluntary Employee Benefit Trust is dedicated to offering a range of insurance benefits to its clients. Its mission is to provide group medical, vision, dental, basic life, voluntary life, supplemental life, accidental death and dismemberment, short-term disability, and long-term disability insurance. By offering these various insurance options, Edgewood Management Corp Voluntary Employee Benefit Trust aims to support its clients in maintaining their health and financial well-being. The trust serves as a reliable provider of health, dental, life, accidental death and dismemberment, long-term disability, and prescription insurance, ensuring that its clients have the protection they need in case of unexpected health issues or accidents.

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Impact




October, 2024

Edgewood Management Corp Voluntary Employee Benefit Trust plays a crucial role in enhancing the well-being of its members by providing essential insurance coverage. The trust offers a comprehensive range of benefits including group medical, vision, dental, life insurance, accidental death and dismemberment, and both short-term and long-term disability insurance.

By ensuring access to health services, dental care, and life insurance, the trust significantly contributes to the overall health and financial security of its employees and their families. This support helps reduce the stress associated with unexpected medical expenses or loss of income due to disability, allowing members to focus on their personal and professional lives with greater peace of mind.

Furthermore, the trust's commitment to providing diverse benefits fosters a sense of community and mutual support among employees, making it an essential component of their overall compensation package. In essence, the Edgewood Management Corp Voluntary Employee Benefit Trust not only safeguards the health of individuals but also strengthens the workplace environment by promoting employee welfare and retention.




This information is meant to be a general summary of Edgewood Management Corp Voluntary 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
$4,412,120 (2022)
Expenses
$6,096,600 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $24,901
  • Program Service Revenue: $4,387,219
  • Gross Receipts: $4,412,120

Assets and Liabilities:

  • Total Assets: $3,828,686
  • Total Liabilities: $0
  • Net Assets: $3,828,686

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$3,021,223

EMPLOYEE CONTRIBUTIONS

Revenue

$1,096,275

REIMBURSEMENT INCOME

Revenue

$240,952

COBRA DEPOSITS

Revenue

$28,769

Organization Details

Founding Year

1982

Principal Officer

Jason Salamon

Main Address

9711 WASHINGTONIAN BLVD 200, GAITHERSBURG, MD, 20878

NTEE Category

Code: Y40 - Mutual benefit

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