Industrial Manufacturing And Professional Commercial Trust

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

EIN: 616096328 ✦ Lexington, KY ✦ Designated as a 501(c)(9)

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Overview

What is Industrial Manufacturing And Professional Commercial Trust?

The Industrial Manufacturing and Professional Commercial Trust is a trust located in Lexington, Kentucky, dedicated to providing health and welfare benefits for around 17,500 individuals. The trust's scope of support encompasses various aspects, including medical, dental, accidental death and dismemberment, and group life insurance coverage. By offering these essential benefits, the trust plays a significant role in enhancing the overall wellbeing of its participants.

Is Industrial Manufacturing And Professional Commercial Trust legitimate?

Industrial Manufacturing And Professional Commercial Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Industrial Manufacturing And Professional Commercial 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 Industrial Manufacturing And Professional Commercial Trust?

The Industrial Manufacturing and Professional Commercial Trust is a charitable trust dedicated to providing health and welfare benefits for a substantial number of participants. Approximately 17,500 individuals reap the rewards of this trust's offerings, which encompass essential services such as medical, dental, accidental death and dismemberment, and group life insurance. The trust's primary focus lies in safeguarding the wellbeing of its beneficiaries.

Who is the CEO of Industrial Manufacturing And Professional Commercial Trust?

Central Bank Trust is the Trustee of Industrial Manufacturing And Professional Commercial Trust.

What is the revenue of Industrial Manufacturing And Professional Commercial Trust?

Industrial Manufacturing And Professional Commercial Trust's revenue in 2022 was $45,044,196.

Who are the executives of Industrial Manufacturing And Professional Commercial Trust and what are their salaries?


There is 1 key member and their salary:


Central Bank Trust (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Industrial Manufacturing And Professional Commercial Trust?

Industrial Manufacturing And Professional Commercial Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Industrial Manufacturing And Professional Commercial Trust

The Industrial Manufacturing and Professional Commercial Trust, often referred to as IMPACT, is a significant entity dedicated to providing health and welfare benefits for an impressive population of approximately 17,500 individuals. Its mission extends beyond the mere provision of benefits, touching various aspects of the participants' well-being.

IMPACT's commitment to its beneficiaries goes beyond the essentials of medical, dental, accidental death, and dismemberment insurance. It is an organization that prioritizes the overall health and well-being of its members. By offering a comprehensive range of health and welfare benefits, IMPACT plays a vital role in ensuring its participants have access to the necessary resources to maintain their wellness and address unforeseen health issues.

Moreover, the Trust's dedication to its mission is palpable in its relentless pursuit to provide the best possible benefits to its members. By being a trusted source of vital services, IMPACT empowers its participants to face life's challenges with confidence and peace of mind. The organization's commitment to enhancing the lives of those it serves is truly commendable. In summary, the Industrial Manufacturing and Professional Commercial Trust, or IMPACT, is a vital organization that provides health and welfare benefits to over 17,000 people, helping them maintain their well-being and navigate life's uncertainties.

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Impact




October, 2024

Industrial Manufacturing and Professional Commercial Trust has a significant impact by providing essential health and welfare benefits to approximately 17,500 participants. By offering comprehensive coverage that includes medical, dental, accidental death and dismemberment, and group life insurance, it enhances the quality of life for its beneficiaries. This support fosters a healthier workforce, promotes financial stability, and provides peace of mind during challenging times, thereby contributing positively to the overall well-being of communities in and around Lexington, KY. The trust’s commitment to mutual benefit strengthens both individual lives and the broader industrial sector it serves.




This information is meant to be a general summary of Industrial Manufacturing And Professional Commercial 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
$45,044,196 (2022)
Expenses
$45,680,840 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $117,312
  • Program Service Revenue: $44,926,884
  • Gross Receipts: $45,044,196

Assets and Liabilities:

  • Total Assets: $7,742,453
  • Total Liabilities: $3,619,326
  • Net Assets: $4,123,127

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$44,926,884

Organization Details

Founding Year

1975

Principal Officer

Central Bank Trust

Main Address

230 LEXINGTON GREEN CIRCLE STE 400, LEXINGTON, KY, 40503

NTEE Category

Code: Y40 - Mutual benefit

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