Woodcraft Employee Benefit Trust

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

EIN: 581448394 ✦ Morristown, TN ✦ Designated as a 501(c)(9)

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Overview

What is Woodcraft Employee Benefit Trust?

The Woodcraft Employee Benefit Trust is a nonprofit organization, serving as both a fraternal beneficiary society and a voluntary employees association. Its primary purpose is to establish a benefit trust account for its workforce. This trust aims to provide financial assistance and support to its employees, acting as a safety net during various life situations. The organization's mission is centered around this principle, ensuring the wellbeing of its employees through this unique benefit system.

Is Woodcraft Employee Benefit Trust legitimate?

Woodcraft Employee Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Woodcraft Employee Benefit Trust submitted a form 990EZ, 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

For more financial information, click here

What is the mission statement of Woodcraft Employee Benefit Trust?

The Woodcraft Employee Benefit Trust serves as a fraternal beneficiary society and voluntary employees association, carrying out its mission to establish a benefit trust account for its employees. Essentially, the organization aims to offer financial support to its workforce through this trust account. This mission statement underscores the organization's commitment to its employees, ensuring they have access to financial assistance when needed.

What is the revenue of Woodcraft Employee Benefit Trust?

Woodcraft Employee Benefit Trust's revenue in 2024 was $15,000.

Who are the executives of Woodcraft Employee Benefit Trust and what are their salaries?

There is 1 key member and their salary:


Timothy Elliott (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Woodcraft Employee Benefit Trust?

Woodcraft Employee Benefit Trust's most recent form 990EZ was submitted in 2024 and can be accessed here.

Mission Statement of Woodcraft Employee Benefit Trust

The Woodcraft Employee Benefit Trust, as a fraternal beneficiary society and voluntary employees association, is committed to its mission. This mission involves establishing and maintaining a benefit trust account specifically for its employees. The primary objective is to provide financial assistance and support to its workforce, ensuring their well-being and security. By operating under these principles, the Woodcraft Employee Benefit Trust demonstrates its dedication to its employees, fostering a sense of community and mutual support within the organization.

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Impact




October, 2024

The Woodcraft Employee Benefit Trust serves a significant role in enhancing employee welfare by providing a structured benefit trust account for its members. This initiative operates as a fraternal beneficiary society, fostering a sense of community and support among employees. By pooling resources, it enables employees to access various benefits, which can include financial assistance, insurance, and other valuable services aimed at promoting their well-being.

Located in Morristown, TN, the trust strengthens employee relationships through mutual aid and solidarity. Such programs not only improve employee satisfaction but can also lead to enhanced productivity and loyalty, ultimately benefiting the entire organization. The Woodcraft Employee Benefit Trust exemplifies how employee-focused initiatives can create a supportive environment that prioritizes the health and financial security of its members.




This information is meant to be a general summary of Woodcraft 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.

Revenue
$15,000 (2024)
Expenses
$16,636 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Program Service Revenue: $15,000
  • Gross Receipts: $15,000

Assets and Liabilities:

  • Total Assets: $12,584
  • Total Liabilities: $0
  • Net Assets: $12,584

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Organization Details

Principal Officer

Timothy Elliott

NTEE Category

Code: Y40 - Mutual benefit

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