General Dynamics Employment Transition Benefit Plan Trust Agreement

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

EIN: 562002440 ✦ Chicago, IL ✦ Designated as a 501(c)(17)

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Overview

What is General Dynamics Employment Transition Benefit Plan Trust Agreement?

The General Dynamics Employment Transition Benefit Plan Trust Agreement is a nonprofit entity that provides supplemental unemployment compensation benefits to its eligible beneficiaries. Its primary mission revolves around delivering financial assistance during periods of unemployment, thereby offering additional support during challenging times. The trust agreement serves as a safety net for its beneficiaries, helping them navigate their temporary financial hardships. The specific details regarding its operations, reach, or affiliations are not provided in the information array.

Is General Dynamics Employment Transition Benefit Plan Trust Agreement legitimate?

General Dynamics Employment Transition Benefit Plan Trust Agreement is a legitimate nonprofit organization registered as a 501(c)(17) entity. General Dynamics Employment Transition Benefit Plan Trust Agreement 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: $3
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of General Dynamics Employment Transition Benefit Plan Trust Agreement?

The General Dynamics Employment Transition Benefit Plan Trust Agreement is designed to provide supplemental unemployment compensation benefits to its eligible beneficiaries. The primary mission of this agreement is to offer financial assistance during periods of unemployment, thereby providing a financial safety net for its beneficiaries. This trust agreement serves as a crucial support system, helping individuals navigate through temporary job loss and financial hardship.

Who is the CEO of General Dynamics Employment Transition Benefit Plan Trust Agreement?

Randall Miller is the Principal Officer of General Dynamics Employment Transition Benefit Plan Trust Agreement.

What is the revenue of General Dynamics Employment Transition Benefit Plan Trust Agreement?

General Dynamics Employment Transition Benefit Plan Trust Agreement's revenue in 2022 was $908,053.

Who are the executives of General Dynamics Employment Transition Benefit Plan Trust Agreement and what are their salaries?


There is 1 key member and their salary:


The Northern Trust Company (Trustee)
  • Compensation: $3
  • Related: $0
  • Other: $0
Where can I find the form 990 for General Dynamics Employment Transition Benefit Plan Trust Agreement?

General Dynamics Employment Transition Benefit Plan Trust Agreement's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of General Dynamics Employment Transition Benefit Plan Trust Agreement

The General Dynamics Employment Transition Benefit Plan Trust Agreement is a entity that is committed to providing supplemental unemployment compensation benefits to its beneficiaries. In simpler terms, this organization serves to financially support individuals who are unemployed, offering them additional financial assistance beyond what traditional unemployment benefits may provide. By doing so, the General Dynamics Employment Transition Benefit Plan Trust Agreement aims to provide a safety net for those in need, helping them bridge the gap during periods of unemployment.

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Impact




October, 2024

The General Dynamics Employment Transition Benefit Plan Trust Agreement provides supplemental unemployment compensation benefits to eligible beneficiaries. By doing so, it serves to bridge the financial gap for individuals who have lost their jobs, ensuring they have some level of income during their transition to new employment. This assistance can alleviate financial stress, allowing individuals to focus on job searching or retraining without the immediate pressure of meeting daily expenses. Ultimately, the plan contributes to a more stable workforce and supports the community by helping individuals maintain their economic well-being during challenging times. It reinforces the social safety net by offering a mechanism for mutual benefit, aiding both individuals and the broader economy.




This information is meant to be a general summary of General Dynamics Employment Transition Benefit Plan Trust Agreement. 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
$908,053 (2022)
Expenses
$865,203 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $818
  • Program Service Revenue: $907,235
  • Gross Receipts: $908,053

Assets and Liabilities:

  • Total Assets: $67,340
  • Total Liabilities: $0
  • Net Assets: $67,340

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Programs

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

SPONSOR CONTRIBUTIONS

Revenue

$907,235

Organization Details

Founding Year

1998

Principal Officer

Randall Miller

Main Address

C/O NORTHERN TRUST 50 S LASALLE ST, CHICAGO, IL, 60603

NTEE Category

Code: Y20 - Mutual benefit

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