Madden Contracting Co Inc Employee Benefit Plan & Trust

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

EIN: 581805549 ✦ Minden, LA ✦ Designated as a 501(c)(9)

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Overview

What is Madden Contracting Co Inc Employee Benefit Plan & Trust?

Madden Contracting Co Inc Employee Benefit Plan & Trust is a welfare benefit program established to support the employees of its sponsor. Located in Minden, Louisiana, this plan offers a range of benefits, including medical, life, dental, and accidental death and dismemberment coverage. The primary mission of this trust is to provide these essential benefits to its employees, ensuring their well-being and financial security.

Is Madden Contracting Co Inc Employee Benefit Plan & Trust legitimate?

Madden Contracting Co Inc Employee Benefit Plan & Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Madden Contracting Co Inc Employee Benefit Plan & 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:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Madden Contracting Co Inc Employee Benefit Plan & Trust?

The Madden Contracting Co Inc Employee Benefit Plan & Trust is dedicated to providing essential welfare benefits to its employees. Specifically, this plan aims to offer medical, life, dental, and accidental death and dismemberment (AD&D) benefits to the employees of the plan sponsor. By providing these benefits, the plan seeks to enhance the well-being and security of its employees, contributing to their overall quality of life. The plan serves as a safety net, offering financial support and medical coverage in times of need, thereby demonstrating its commitment to the employees' welfare.

Who is the CEO of Madden Contracting Co Inc Employee Benefit Plan & Trust?

Bob Moorehead is the Trustee of Madden Contracting Co Inc Employee Benefit Plan & Trust.

What is the revenue of Madden Contracting Co Inc Employee Benefit Plan & Trust?

Madden Contracting Co Inc Employee Benefit Plan & Trust's revenue in 2022 was $2,294,074.

Who are the executives of Madden Contracting Co Inc Employee Benefit Plan & Trust and what are their salaries?


Here are 2 key members and their salaries:


Doug Madden (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Moorehead (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Madden Contracting Co Inc Employee Benefit Plan & Trust?

Madden Contracting Co Inc Employee Benefit Plan & Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Madden Contracting Co Inc Employee Benefit Plan & Trust

Madden Contracting Co Inc Employee Benefit Plan & Trust is dedicated to providing essential welfare benefits to its sponsor's employees. The primary mission of this plan is to extend medical, life, dental, and accidental death and dismemberment (AD&D) benefits to the employees under its purview. By offering these comprehensive benefits, Madden Contracting Co Inc Employee Benefit Plan & Trust aims to support the overall well-being and health of its employees, thereby fostering a more secure and content workforce.

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Impact




October, 2024

Madden Contracting Co Inc Employee Benefit Plan & Trust significantly impacts the workforce by providing essential welfare benefits to its employees. By delivering medical, life, dental, and accidental death and dismemberment (AD&D) benefits, the plan enhances the overall well-being and security of its participants.

This comprehensive benefits package supports employees' health care needs, ensuring access to necessary medical services and financial protection for their families in unforeseen circumstances. By investing in the welfare of its employees, the plan fosters a sense of security and loyalty, which can lead to increased job satisfaction and productivity.

Moreover, the plan serves as a critical tool for attracting and retaining talent in a competitive job market, demonstrating the organization’s commitment to the welfare of its workforce. In Minden, Louisiana, this initiative plays a vital role in contributing to the community by promoting the health and stability of its labor force, ultimately benefiting both the employees and the organization as a whole.




This information is meant to be a general summary of Madden Contracting Co Inc Employee Benefit Plan & 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
$2,294,074 (2022)
Expenses
$2,294,074 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $2,294,074
  • Gross Receipts: $2,294,074

Assets and Liabilities:

  • Total Assets: $58,767
  • Total Liabilities: $58,767
  • 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 CONTRIBUTIONS

Revenue

$1,376,465

EMPLOYEE CONTRIBUTIONS

Revenue

$799,228

INSURANCE REIMBURSEMEN

Revenue

$104,001

COBRA CONTRIBUTIONS

Revenue

$14,380

Organization Details

Founding Year

1987

Principal Officer

Bob Moorehead

Main Address

P O BOX 856, MINDEN, LA, 71058

NTEE Category

Code: Y40 - Mutual benefit

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