Overview
What is Genesco Long Term Disability Plan?
Genesco Long Term Disability Plan is a fund established to offer monthly supplemental disability insurance benefits to eligible employees enrolled in the corresponding ERISA plan. Based in Nashville, Tennessee, this initiative aims to provide financial support during periods of extended disability, ensuring financial stability for participating employees during their recovery. The plan falls under the broader category of nonprofit organizations, although it primarily serves an employment-related purpose.
Is Genesco Long Term Disability Plan legitimate?
Genesco Long Term Disability Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Genesco Long Term Disability 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: $0
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What is the mission statement of Genesco Long Term Disability Plan?
The Genesco Long Term Disability Plan's mission, as outlined, is centered around providing monthly supplemental disability insurance benefits to its participating employees, in accordance with the Employee Retirement Income Security Act (ERISA). Essentially, the plan exists to offer financial support to its employees who encounter prolonged periods of disability, thereby alleviating some of their financial burdens during their recovery period.
Who is the CEO of Genesco Long Term Disability Plan?
Cynthia Dempsey is the Trustee of Genesco Long Term Disability Plan.
What is the revenue of Genesco Long Term Disability Plan?
Genesco Long Term Disability Plan's revenue in 2022 was $0.
Who are the executives of Genesco Long Term Disability Plan and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Genesco Long Term Disability Plan?
Genesco Long Term Disability Plan's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Genesco Long Term Disability Plan
Genesco Long Term Disability Plan, as described in the provided information, is a fund with a mission to offer monthly supplemental disability insurance benefits to its participating employees. This mission is in line with the Employee Retirement Income Security Act (ERISA) plan, which it adheres to. In simpler terms, Genesco Long Term Disability Plan serves to provide financial support to its employees who are unable to work due to long-term disabilities, offering them an additional layer of financial security during challenging times. The fund's purpose is to alleviate some of the financial stress that comes with prolonged periods of disability, thereby supporting the employees' overall well-being.
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Impact
October, 2024
The Genesco Long Term Disability Plan serves as a crucial safety net for participating employees by providing monthly supplemental disability insurance benefits. This support helps employees maintain financial stability during times when they are unable to work due to a qualifying disability. By offering these benefits, the plan alleviates economic stress and enhances the overall well-being of its participants.
Located in Nashville, TN, the plan operates under the guidelines of the Employee Retirement Income Security Act (ERISA), ensuring compliance and protection for its beneficiaries. The focus on mutual benefit highlights a commitment to supporting employees in their most challenging times, fostering a sense of security that can lead to greater workforce morale and productivity. Overall, the Genesco Long Term Disability Plan plays a vital role in safeguarding the financial interests of employees facing disabilities, allowing them to navigate difficult circumstances with greater resilience.
This information is meant to be a general summary of Genesco Long Term Disability 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: $30,223
- Program Service Revenue: $209,246
Assets and Liabilities:
- Total Assets: $1,504,872
- Total Liabilities: $0
- Net Assets: $1,504,872
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Empl. Contribution
Revenue
$209,246
Organization Details
Founding Year
1980
Phone
(615) 367-7853Principal Officer
Cynthia Dempsey
Main Address
535 Marriott Drive, Nashville, TN, 37214
NTEE Category
Code: Y40 - Mutual benefit
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