Hmshost Corporation Vacation Benefits Plan And Trust

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

EIN: 526329856 ✦ Bethesda, MD ✦ Designated as a 501(c)(9)

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Overview

What is Hmshost Corporation Vacation Benefits Plan And Trust?

Hmshost Corporation Vacation Benefits Plan And Trust is a nonprofit organization specifically established to offer vacation benefits to eligible employees of HMSHost Corporation and its affiliates. This is accomplished through a VEBA trust and an ERISA benefit plan. The assets of the plan are strategically invested, and benefits are distributed to eligible employees as per the plan's requirements. The primary mission of this organization is to enhance the work-life balance of its employees by providing vacation benefits, thereby contributing positively to their overall well-being.

Is Hmshost Corporation Vacation Benefits Plan And Trust legitimate?

Hmshost Corporation Vacation Benefits Plan And Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Hmshost Corporation Vacation Benefits Plan And 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 Hmshost Corporation Vacation Benefits Plan And Trust?

The HMSHost Corporation Vacation Benefits Plan and Trust is designed to offer vacation benefits to eligible employees and affiliates. This is carried out through a VEBA trust and an ERISA benefit plan. The assets of the plan are invested, and the benefits are distributed to eligible employees as per the requirements. In essence, the mission of this organization is to ensure that eligible employees of HMSHost Corporation and its affiliates enjoy vacation benefits, with the necessary financial resources being managed appropriately.

Who is the CEO of Hmshost Corporation Vacation Benefits Plan And Trust?

Laura Fitzrandolph is the Trustee of Hmshost Corporation Vacation Benefits Plan And Trust.

What is the revenue of Hmshost Corporation Vacation Benefits Plan And Trust?

Hmshost Corporation Vacation Benefits Plan And Trust's revenue in 2022 was $9,128,530.

Who are the executives of Hmshost Corporation Vacation Benefits Plan And Trust and what are their salaries?


Here are 2 key members and their salaries:


Randall Davenport (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Fitzrandolph (Plan Administrator)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Hmshost Corporation Vacation Benefits Plan And Trust?

Hmshost Corporation Vacation Benefits Plan And Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Hmshost Corporation Vacation Benefits Plan And Trust

The HMSHost Corporation Vacation Benefits Plan and Trust is dedicated to providing vacation benefits to eligible employees and affiliates of HMSHost Corporation. This is accomplished through a VEBA trust and an ERISA benefit plan. The plan's resources are allocated for the purpose of investing, with the ultimate goal of providing benefits to the eligible employees of HMSHost Corporation as required. The mission of this organization is to ensure that eligible employees can enjoy vacation benefits, with the necessary financial backing provided by the trust and the ERISA plan.

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Impact




October, 2024

Hmshost Corporation Vacation Benefits Plan And Trust plays a critical role in enhancing the welfare of eligible employees of HMSHost Corporation and its affiliates. By providing vacation benefits through a Voluntary Employees' Beneficiary Association (VEBA) trust and an Employee Retirement Income Security Act (ERISA) benefit plan, it ensures that employees have financial support to take necessary time off.

The organization’s structured approach to managing assets allows for effective investment strategies that help maintain the sustainability of the vacation benefits provided. This planning not only promotes employee well-being but also contributes to overall job satisfaction and productivity. When employees feel supported and can take proper vacations, it leads to a more engaged and motivated workforce.

Moreover, this benefit plan promotes a culture of work-life balance within the company, recognizing that adequate time away from work is essential for mental and physical health. By facilitating access to vacation benefits, Hmshost Corporation Vacation Benefits Plan And Trust ultimately fosters a more positive workplace environment, helping to retain talent and reduce turnover rates.




This information is meant to be a general summary of Hmshost Corporation Vacation Benefits Plan And 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
$9,128,530 (2022)
Expenses
$9,308,619 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,968
  • Program Service Revenue: $9,125,562
  • Gross Receipts: $9,128,530

Assets and Liabilities:

  • Total Assets: $2,156,047
  • Total Liabilities: $837,849
  • Net Assets: $1,318,198

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Programs

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

Employer Contributions

Revenue

$9,125,562

Organization Details

Founding Year

1995

Principal Officer

Laura Fitzrandolph

Main Address

6905 Rockledge Dr, Bethesda, MD, 20817

NTEE Category

Code: Y40 - Mutual benefit

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