Overview
What is South Carolina Automobile Dealers Employee Benefit Trust?
The South Carolina Automobile Dealers Employee Benefit Trust is a nonprofit organization based in Columbia, South Carolina, located at 526 Hampton Street, ZIP code 29201. Their primary mission is to provide essential insurance coverage, specifically group life, dental, and hospitalization, to eligible members of the South Carolina Automobile Dealers Association. This coverage benefits approximately 1600 families and individuals within the association.
What are the reviews and ratings of this charity?
The South Carolina Automobile Dealers Employee Benefit Trust currently does not have a rating from Charity Navigator. The lack of a rating is due to its classification as a non-501(c)(3) organization, which means it falls outside the scope of Charity Navigator's evaluation criteria. It's important to note that the absence of a rating does not imply a negative or positive judgment of the organization's operations or impact.
Charity Navigator typically evaluates organizations based on various beacons such as Accountability & Finance, and Impact & Measurement. However, because the South Carolina Automobile Dealers Employee Benefit Trust does not meet the required criteria, it isn't eligible for these assessments. This limitation is inherent due to its registration status, rather than reflecting specific organizational weaknesses.
In the absence of a comprehensive rating framework applicable to this nonprofit, potential evaluators or stakeholders might consider seeking information from alternative sources or direct organizational insight to understand its effectiveness, financial health, or impact, if needed. The user reviews on GreatNonprofits are also unavailable, providing no further insights from the public or beneficiaries at this time.
This AI summary has been generated from information found on Charity Navigator.
Is South Carolina Automobile Dealers Employee Benefit Trust legitimate?
South Carolina Automobile Dealers Employee Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. South Carolina Automobile Dealers 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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What is the mission statement of South Carolina Automobile Dealers Employee Benefit Trust?
The South Carolina Automobile Dealers Employee Benefit Trust is dedicated to extending group life, dental, and hospitalization insurance coverage to eligible members of the South Carolina Automobile Dealers Association. This organization serves approximately 1600 families and individuals, ensuring they have access to essential insurance benefits. By offering these coverages, the Trust aims to provide financial security and peace of mind for its members. Through its mission, it enhances the wellbeing and protection of those connected to the automobile dealership industry in South Carolina.
Who is the CEO of South Carolina Automobile Dealers Employee Benefit Trust?
Esims Floyd is the Trustee of South Carolina Automobile Dealers Employee Benefit Trust.
What is the revenue of South Carolina Automobile Dealers Employee Benefit Trust?
South Carolina Automobile Dealers Employee Benefit Trust's revenue in 2022 was $14,040,560.
Who are the executives of South Carolina Automobile Dealers Employee Benefit Trust and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for South Carolina Automobile Dealers Employee Benefit Trust?
South Carolina Automobile Dealers Employee Benefit Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of South Carolina Automobile Dealers Employee Benefit Trust
The South Carolina Automobile Dealers Employee Benefit Trust, a renowned organization, is dedicated to extending group life, dental, and hospitalization insurance coverage to eligible members of the South Carolina Automobile Dealers Association. With a mission to safeguard and support the well-being of these individuals, the Trust currently serves approximately 1600 families and individuals. By offering these essential insurance benefits, the Trust ensures peace of mind for its members, enabling them to focus on their professional pursuits within the automobile dealership industry. Through its insurance offerings, the Trust fosters security and stability for its beneficiaries, ultimately contributing to their overall well-being and quality of life.
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Impact
October, 2024
The South Carolina Automobile Dealers Employee Benefit Trust significantly enhances the well-being of eligible members of the S.C. Automobile Dealers Association by offering group life, dental, and hospitalization insurance coverage. This initiative ensures that approximately 1,600 families and individuals have access to essential health care services and financial protection in the event of unexpected circumstances.
By providing comprehensive insurance options, the Trust helps to alleviate the financial burden associated with medical expenses and unexpected life events. This support fosters a sense of security among members, which can lead to improved job satisfaction and workforce stability within the automobile dealership sector. In addition, access to quality health care benefits contributes to the overall health and productivity of employees, benefiting their families and the wider community.
The Trust plays a critical role in reinforcing the value of member organizations, promoting a culture of mutual benefit that strengthens the automotive industry in South Carolina. Through its services, it addresses the pressing need for reliable insurance coverage, empowering members to focus on their professional goals and responsibilities with peace of mind.
This information is meant to be a general summary of South Carolina Automobile Dealers 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.
- Investment Income: $10,155
- Program Service Revenue: $14,030,405
- Gross Receipts: $14,099,070
Assets and Liabilities:
- Total Assets: $667,402
- Total Liabilities: $439,495
- Net Assets: $227,907
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INSURANCE PREMIUMS
Revenue
$13,748,685
ADMINISTRATIVE FEE
Revenue
$265,918
PREMIUM REFUND
Revenue
$15,802
Organization Details
Founding Year
1983
Phone
(803) 252-0205Principal Officer
Esims Floyd
Main Address
526 HAMPTON STREET, COLUMBIA, SC, 29201
NTEE Category
Code: Y40 - Mutual benefit
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