Overview
What is Kentucky Construction Industry Trust?
The Kentucky Construction Industry Trust is a nonprofit organization committed to offering welfare benefits to its subscribing employees. Their services include dental, vision, accidental death and dismemberment insurance, along with group life insurance benefits. As of March 31, 2019, they boasted a membership of 7,431 individuals, demonstrating their extensive reach within the construction industry in Kentucky.
Is Kentucky Construction Industry Trust legitimate?
Kentucky Construction Industry Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Kentucky Construction Industry 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.
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What is the mission statement of Kentucky Construction Industry Trust?
The Kentucky Construction Industry Trust is dedicated to providing welfare benefits to its subscribing employees. This includes offering dental, vision, accidental death and dismemberment insurance, as well as group life insurance benefits. As of March 31, 2019, the Trust had 7,431 participating employees. The organization's primary mission is to ensure the well-being of its employees by providing them with essential insurance benefits. This initiative aims to support and protect the workforce in the construction industry in Kentucky.
Who is the CEO of Kentucky Construction Industry Trust?
Stephanie Cooley is the Institutional Trustee of Kentucky Construction Industry Trust.
What is the revenue of Kentucky Construction Industry Trust?
Kentucky Construction Industry Trust's revenue in 2022 was $2,576,274.
Who are the executives of Kentucky Construction Industry Trust and what are their salaries?
There 25 volunteers at Kentucky Construction Industry Trust.
Here are 25 key members and their salaries:
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Where can I find the form 990 for Kentucky Construction Industry Trust?
Kentucky Construction Industry Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Kentucky Construction Industry Trust
The Kentucky Construction Industry Trust, as a nonprofit organization, focuses on providing welfare benefits to its subscribing employees. This includes dental, vision, accidental death and dismemberment insurance, as well as group life insurance benefits. As of March 31, 2019, this trust had 7,431 participating employees. The trust aims to support the well-being of its employees in the construction industry by offering these valuable benefits, thereby enhancing their overall quality of life.
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Impact
October, 2024
Kentucky Construction Industry Trust significantly enhances the quality of life for construction workers by providing essential welfare benefits. By offering comprehensive plans that include dental, vision, accidental death and dismemberment insurance, as well as group life insurance, the Trust supports the well-being and financial security of its members. As of March 31, 2019, it had 7,431 participating employees, illustrating its broad reach and the critical safety net it creates for those in the construction sector. This initiative not only aids individual workers but also fosters a healthier workforce, ultimately contributing to the stability and productivity of the construction industry in Kentucky.
This information is meant to be a general summary of Kentucky Construction Industry 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: $287,438
- Program Service Revenue: $2,288,836
- Gross Receipts: $2,988,148
Assets and Liabilities:
- Total Assets: $6,265,971
- Total Liabilities: $403,894
- Net Assets: $5,862,077
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$2,288,836
Organization Details
Founding Year
1975
Phone
(859) 226-1765Principal Officer
Stephanie Cooley
Main Address
230 LEXINGTON GREEN CIRCLE STE 400, LEXINGTON, KY, 40503
NTEE Category
Code: Y20 - Mutual benefit
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