Overview
What is Employers - Ila Nc Ports Welfare Plan?
Employers - Ila Nc Ports Welfare Plan is a nonprofit organization located in Wilmington, North Carolina. Their primary aim, as outlined in their Form 990, is to provide life insurance and short-term disability benefits for eligible participants of the plan. Additionally, they maintain participant eligibility information for collectively-bargained medical, dental, pharmacy, and vision benefits for all participants of the plan. This ensures that all participants have access to comprehensive healthcare benefits. The organization has a small team of eight employees dedicated to carrying out these services.
Is Employers - Ila Nc Ports Welfare Plan legitimate?
Employers - Ila Nc Ports Welfare Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Employers - Ila Nc Ports Welfare 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: $273,992
For more financial information, click here
What is the mission statement of Employers - Ila Nc Ports Welfare Plan?
The Employers - Ila Nc Ports Welfare Plan's primary objective is to offer life insurance and short-term disability benefits to eligible participants. Additionally, they maintain participant eligibility information for third-party collectively-bargained medical, dental, pharmacy, and vision benefits for all participants of the plan. This ensures comprehensive health benefits coverage for all participants, fostering their well-being and financial security.
Who is the CEO of Employers - Ila Nc Ports Welfare Plan?
Gregory Washington is the Union Truste of Employers - Ila Nc Ports Welfare Plan.
What is the revenue of Employers - Ila Nc Ports Welfare Plan?
Employers - Ila Nc Ports Welfare Plan's revenue in 2022 was $4,027,062.
Who are the executives of Employers - Ila Nc Ports Welfare Plan and what are their salaries?
The average compensation at Employers - Ila Nc Ports Welfare Plan during 2022 was $34,249. There are 8 employees at Employers - Ila Nc Ports Welfare Plan.
Here are 17 key members and their salaries:
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- Compensation: $28
- Related: $17,494
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- Compensation: $43
- Related: $17,494
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- Related: $17,494
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- Compensation: $15
- Related: $17,494
- Other: $0
- Compensation: $83
- Related: $0
- Other: $0
- Compensation: $83
- Related: $17,494
- Other: $0
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- Compensation: $3
- Related: $4,759
- Other: $0
- Compensation: $12
- Related: $17,494
- Other: $0
- Compensation: $302
- Related: $17,494
- Other: $0
- Compensation: $158,970
- Related: $0
- Other: $0
Where can I find the form 990 for Employers - Ila Nc Ports Welfare Plan?
Employers - Ila Nc Ports Welfare Plan's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Employers - Ila Nc Ports Welfare Plan
Employers - Ila Nc Ports Welfare Plan is dedicated to providing essential benefits to eligible participants of the plan. This nonprofit organization's primary mission involves offering life insurance and short-term disability coverage to its members. Furthermore, it maintains participant eligibility information for collectively-bargained medical, dental, pharmacy, and vision benefits that are accessible to all participants of the plan. By managing this information, Employers - Ila Nc Ports Welfare Plan ensures seamless and comprehensive healthcare coverage for its members, catering to their diverse needs.
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Impact
October, 2024
The Employers - Ila Nc Ports Welfare Plan plays a crucial role in enhancing the well-being of its eligible participants by offering essential benefits such as life insurance and short-term disability coverage. These services provide financial security and support to individuals facing unexpected challenges, ensuring that they have a safety net during difficult times.
Additionally, the plan is instrumental in maintaining important eligibility information for participants accessing third-party collectively-bargained benefits, which includes medical, dental, pharmacy, and vision services. This aspect helps streamline access to vital health care resources, ensuring that participants and their families can secure the comprehensive care they need without unnecessary barriers.
Overall, the impact of this welfare plan is significant, as it not only contributes to the welfare and financial stability of its participants but also fosters a supportive environment within the workplace. The services provided help enhance the quality of life for workers and their families, reflecting a commitment to their long-term health and security.
This information is meant to be a general summary of Employers - Ila Nc Ports Welfare 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $301,735
- Program Service Revenue: $3,139,786
- Gross Receipts: $4,027,062
Assets and Liabilities:
- Total Assets: $3,478,764
- Total Liabilities: $561,720
- Net Assets: $2,917,044
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$3,139,786
Organization Details
Founding Year
1957
Phone
(910) 763-8577Principal Officer
Gregory Washington
Main Address
PO BOX 1116, WILMINGTON, NC, 284021116
NTEE Category
Code: Y40 - Mutual benefit
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