Overview
What is Hendrick Automotive Group Employee Benefit Trust?
The Hendrick Automotive Group Employee Benefit Trust is a Charlotte, North Carolina-based voluntary employees' beneficiary association. This nonprofit organization offers essential Health Care and Life Insurance Benefits to the employees of Hendrick Automotive Group. The trust's mission is to ensure employees have access to major medical and dental coverage, enhancing their overall well-being and peace of mind. The trust operates as an integral part of the organization, contributing significantly to the employees' overall employment experience.
Is Hendrick Automotive Group Employee Benefit Trust legitimate?
Hendrick Automotive Group Employee Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Hendrick Automotive Group 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Hendrick Automotive Group Employee Benefit Trust?
The Hendrick Automotive Group Employee Benefit Trust serves as a voluntary association that extends health care and life insurance benefits to the workforce of Hendrick Automotive Group. This trust aims to enhance the well-being of employees by offering comprehensive benefits, including major medical and dental coverage. By doing so, the trust plays a crucial role in ensuring the employees' overall health and financial security. It acts as a supportive organizational entity dedicated to improving the lives of its members within the Hendrick Automotive Group community.
Who is the CEO of Hendrick Automotive Group Employee Benefit Trust?
Scott Ennis is the Board Member of Hendrick Automotive Group Employee Benefit Trust.
What is the revenue of Hendrick Automotive Group Employee Benefit Trust?
Hendrick Automotive Group Employee Benefit Trust's revenue in 2022 was $95,078,969.
Who are the executives of Hendrick Automotive Group Employee Benefit Trust and what are their salaries?
Here are 3 key members and their salaries:
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Where can I find the form 990 for Hendrick Automotive Group Employee Benefit Trust?
Hendrick Automotive Group Employee Benefit Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hendrick Automotive Group Employee Benefit Trust
The Hendrick Automotive Group Employee Benefit Trust is a significant organization that prioritizes the wellbeing of its members, primarily being the employees of Hendrick Automotive Group. This voluntary employees beneficiary association focuses on delivering essential Health Care and Life Insurance Benefits.
In essence, the Trust functions as a safety net for Hendrick Automotive Group employees, ensuring they have access to critical health and life insurance coverage. The benefits package encompasses major medical and dental services, offering peace of mind and financial security.
The Hendrick Automotive Group Employee Benefit Trust is dedicated to enhancing the lives of its members by providing them with the necessary tools to maintain their health and wellbeing. By offering comprehensive health care and life insurance benefits, the Trust empowers employees to focus on their professional growth within the organization, knowing that their wellbeing is well taken care of.
In summary, the Hendrick Automotive Group Employee Benefit Trust plays a vital role in the lives of its members, strengthening their connection to the organization and enabling them to thrive both personally and professionally. The Trust's mission is to ensure the employees of Hendrick Automotive Group have access to essential health care and life insurance benefits, ultimately allowing them to focus on their careers and overall wellbeing.
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Impact
October, 2024
The Hendrick Automotive Group Employee Benefit Trust plays a crucial role in supporting the well-being of its employees by offering comprehensive health care and life insurance benefits. By providing access to major medical and dental plans, the Trust ensures that employees have the necessary resources to maintain their health and manage potential medical expenses. This support not only enhances the quality of life for employees and their families but also promotes a culture of care and security within the workplace.
Offering these benefits contributes significantly to employee satisfaction and retention, as individuals are more likely to feel valued and supported in their roles. The Trust's focus on health care and insurance reinforces the commitment of Hendrick Automotive Group to its workforce, fostering loyalty and engagement. Additionally, having a robust benefits package can be a strong incentive for attracting new talent, enhancing the company's overall competitive edge in the automotive industry.
Located in Charlotte, NC, the Trust serves as a key resource for employees, giving them peace of mind and allowing them to focus on their work without the stress of unmanageable health care costs. Through its mission, the Hendrick Automotive Group Employee Benefit Trust not only prioritizes the health and livelihood of its employees but also contributes to the long-term success and stability of the organization as a whole.
This information is meant to be a general summary of Hendrick Automotive Group 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $95,078,969
- Gross Receipts: $95,078,969
Assets and Liabilities:
- Total Assets: $22,177,746
- Total Liabilities: $0
- Net Assets: $22,177,746
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$78,878,451
EMPLOYEE CONTRIBUTIONS
Revenue
$16,200,518
Organization Details
Founding Year
1994
Phone
(704) 568-5550Principal Officer
Scott Ennis
Main Address
6000 MONROE ROAD 100, CHARLOTTE, NC, 28212
NTEE Category
Code: Y40 - Mutual benefit
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