Overview
What is Yokohama Tire Co & Loc 1023 Salem?
Yokohama Tire Co & Loc 1023 Salem, situated in Santa Ana, California, is an organization dedicated to offering supplemental unemployment benefits. Based on the provided information, this entity collaborates with eligible employees by providing supplemental unemployment benefits during temporary layoffs. They supplement existing state unemployment benefits and also offer one-time payments to employees who have been on extended unemployment status. This initiative aims to support workers during challenging periods of job loss.
Is Yokohama Tire Co & Loc 1023 Salem legitimate?
Yokohama Tire Co & Loc 1023 Salem is a legitimate nonprofit organization registered as a 501(c)(17) entity. Yokohama Tire Co & Loc 1023 Salem 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 Yokohama Tire Co & Loc 1023 Salem?
Yokohama Tire Co, in its mission, aims to provide supplemental unemployment benefits for eligible employees. This is achieved through both employer contributions and, as stated in some instances, employee contributions as well. The primary objective is to offer financial assistance during short periods of layoff, supplementing existing state unemployment benefits. Additionally, the company provides one-time payments for workers who have been on long-term payoff status.
What is the revenue of Yokohama Tire Co & Loc 1023 Salem?
Yokohama Tire Co & Loc 1023 Salem's revenue in 2024 was $75,488.
Who are the executives of Yokohama Tire Co & Loc 1023 Salem 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 Yokohama Tire Co & Loc 1023 Salem?
Yokohama Tire Co & Loc 1023 Salem's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Yokohama Tire Co & Loc 1023 Salem
Yokohama Tire Co & Loc 1023, as a mission-driven organization, focuses on providing supplemental unemployment benefits for eligible employees. This is achieved through contributions made by the employer. In simpler terms, the company endeavors to support its employees who may face temporary unemployment by offering additional financial aid to supplement existing state unemployment benefits. Furthermore, the organization also extends one-time payments to workers who have been on long-term payoff status. This proactive approach to employee welfare sets Yokohama Tire Co & Loc 1023 apart, demonstrating their commitment to the well-being of their workforce during periods of unemployment.
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Impact
October, 2024
Yokohama Tire Co & Loc 1023 Salem plays a significant role in supporting employees during challenging times by providing supplemental unemployment benefits. This initiative aims to assist eligible employees during short periods of layoffs, allowing them to bridge the financial gap while they transition back to work. The organization's contribution enhances existing state unemployment benefits, ensuring that workers can maintain a certain level of financial stability during their periods of unemployment.
By offering one-time payments to those on long-term layoff status, Yokohama Tire Co & Loc 1023 Salem serves to alleviate economic hardship and fosters a sense of security among its workforce. The program not only promotes the wellbeing of employees but also strengthens the overall resilience of the workforce by ensuring they have the necessary support during tough economic times. The emphasis on mutual benefit highlights a commitment to caring for employees, ultimately contributing to a more engaged and loyal workforce.
This information is meant to be a general summary of Yokohama Tire Co & Loc 1023 Salem. 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 2024.
- Investment Income: $15,439
- Program Service Revenue: $60,049
- Gross Receipts: $107,747
Assets and Liabilities:
- Total Assets: $208,329
- Total Liabilities: $35,252
- Net Assets: $173,077
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
employment benefit from employer
Revenue
$60,049
Organization Details
Founding Year
1986
Principal Officer
Thomas Masuguchi
NTEE Category
Code: Y20 - Mutual benefit
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