Bommer Industries Inc Medical Benefit Plan

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

EIN: 570741999 ✦ Landrum, SC ✦ Designated as a 501(c)(9)

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Overview

What is Bommer Industries Inc Medical Benefit Plan?

Bommer Industries Inc Medical Benefit Plan is a health benefits program established to cater to a substantial portion of the workforce at Bommer Industries Inc. The primary goal of this plan is to ensure comprehensive healthcare coverage for its employees, encompassing various medical necessities. Based in Landrum, South Carolina, this plan serves as a vital support system for Bommer Industries Inc employees, contributing to their overall well-being.

Is Bommer Industries Inc Medical Benefit Plan legitimate?

Bommer Industries Inc Medical Benefit Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Bommer Industries Inc Medical Benefit Plan 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 Bommer Industries Inc Medical Benefit Plan?

The Bommer Industries Inc Medical Benefit Plan is committed to providing extensive health benefits for a substantial majority of its employees. This mission is carried out by offering a plan that covers various healthcare needs, ensuring comprehensive coverage for the workforce. The plan serves as a significant resource for the employees, aiming to enhance their overall well-being and health. By providing this benefit, the company demonstrates its commitment to the well-being of its employees, further strengthening the workforce and fostering a healthy work environment.

Who is the CEO of Bommer Industries Inc Medical Benefit Plan?

Charles A Martin is the Plan Administrator of Bommer Industries Inc Medical Benefit Plan.

What is the revenue of Bommer Industries Inc Medical Benefit Plan?

Bommer Industries Inc Medical Benefit Plan's revenue in 2022 was $1,061,278.

Who are the executives of Bommer Industries Inc Medical Benefit Plan and what are their salaries?


Here are 2 key members and their salaries:


Peter E Frohlich (Plan Administrator)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles A Martin (Plan Administrator)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Bommer Industries Inc Medical Benefit Plan?

Bommer Industries Inc Medical Benefit Plan's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Bommer Industries Inc Medical Benefit Plan

Bommer Industries Inc Medical Benefit Plan is committed to delivering substantial health benefits to a significant portion of its workforce. In essence, the plan's mission is to ensure that the health needs of a majority of Bommer Industries Inc employees are met through comprehensive and extensive health coverage. This endeavor aims to safeguard the wellbeing of the company's employees, thereby fostering a healthier and more productive workforce.

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Impact




October, 2024

Bommer Industries Inc Medical Benefit Plan significantly impacts its workforce by providing comprehensive health benefits to nearly all employees of Bommer Industries, Inc. Located in Landrum, SC, the program ensures that employees have access to necessary medical care, which can lead to improved overall health and well-being. This enhancement in health coverage fosters a supportive work environment, potentially increasing employee satisfaction and retention. By prioritizing health benefits, the plan not only aids employees in managing their medical expenses but also contributes to their productivity and peace of mind, ultimately benefiting the organization as a whole.




This information is meant to be a general summary of Bommer Industries Inc Medical Benefit Plan. 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
$1,061,278 (2022)
Expenses
$1,184,042 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $316
  • Program Service Revenue: $1,060,962
  • Gross Receipts: $1,061,278

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Programs

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

EMPLOYER CONTRIB.

Revenue

$1,029,814

EMPLOYEE CONTRIB,

Revenue

$31,148

Organization Details

Founding Year

1982

Principal Officer

Charles A Martin

Main Address

POST OFFICE BOX 187, LANDRUM, SC, 29356

NTEE Category

Code: Y40 - Mutual benefit

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