Cem Health And Welfare Benefit Trust

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

EIN: 581813097 ✦ Matthews, NC ✦ Designated as a 501(c)(9)

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Overview

What is Cem Health And Welfare Benefit Trust?

The Cem Health and Welfare Benefit Trust is a nonprofit organization situated in Matthews, North Carolina, specifically at 3100 Smith Farm Road. Its primary mission is to extend health benefits to the employees of CEM Corporation and their qualified dependents. This nonprofit organization is dedicated to ensuring the well-being and health care needs of its beneficiaries by providing them with appropriate coverage.

Is Cem Health And Welfare Benefit Trust legitimate?

Cem Health And Welfare Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Cem Health And Welfare 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:

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

For more financial information, click here

What is the mission statement of Cem Health And Welfare Benefit Trust?

The CEM Health and Welfare Benefit Trust is dedicated to providing health benefits to the employees and their covered dependents of CEM Corporation. Its mission involves financially supporting the healthcare needs of this group, ensuring they have access to necessary medical services and resources. The Trust serves as a crucial entity, contributing to the overall well-being and health maintenance of its beneficiaries, thereby enhancing their quality of life. It is essential to note that the Trust's role is limited to the provision of health benefits and does not involve any other activities or services.

Who is the CEO of Cem Health And Welfare Benefit Trust?

Julie Bolton-Williams is the Trustee/Officer of Cem Health And Welfare Benefit Trust.

What is the revenue of Cem Health And Welfare Benefit Trust?

Cem Health And Welfare Benefit Trust's revenue in 2023 was $4,813,358.

Who are the executives of Cem Health And Welfare Benefit Trust and what are their salaries?


Here are 3 key members and their salaries:


Michael J Collins (Trustee/Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Bolton-Williams (Trustee/Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Fonseca (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Cem Health And Welfare Benefit Trust?

Cem Health And Welfare Benefit Trust's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Cem Health And Welfare Benefit Trust

Cem Health and Welfare Benefit Trust, as its mission statement suggests, is dedicated to providing health benefits to the employees and their dependent family members of CEM Corporation. This nonprofit organization serves as a financial resource, ensuring that the necessary medical care is accessible and affordable for the individuals it serves. By offering health benefits, Cem Health and Welfare Benefit Trust plays a crucial role in promoting the well-being and overall health of its beneficiaries, thereby contributing to a stronger and healthier community.

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Impact




October, 2024

CEM Health And Welfare Benefit Trust significantly impacts the well-being of CEM Corporation's employees and their covered dependents by ensuring access to essential health benefits. This support helps alleviate financial burdens associated with medical expenses, promoting a healthier workforce. By covering a range of health benefits, the Trust enhances employee morale, fosters loyalty, and contributes to a more stable and productive work environment in Matthews, NC. Ultimately, it strengthens the overall health and security of families associated with CEM Corporation, demonstrating a commitment to mutual benefit and employee welfare.




This information is meant to be a general summary of Cem Health And Welfare 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
$4,813,358 (2023)
Expenses
$4,720,991 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $332
  • Program Service Revenue: $4,813,026
  • Gross Receipts: $4,813,358

Assets and Liabilities:

  • Total Assets: $342,506
  • Total Liabilities: $0
  • Net Assets: $342,506

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Programs

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

Contributions- CEM Corporation

Revenue

$3,173,755

Contributions- CEM Employees

Revenue

$1,087,458

Contributions- Stop Loss Carrier

Revenue

$551,813

Organization Details

Founding Year

1988

Principal Officer

Julie Bolton-Williams

Main Address

3100 Smith Farm Road, Matthews, NC, 28104

NTEE Category

Code: Y40 - Mutual benefit

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