Johnson Controls Employment Transition Benefits Plan

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

EIN: 650953989 ✦ Glendale, WI ✦ Designated as a 501(c)(17)

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Overview

What is Johnson Controls Employment Transition Benefits Plan?

Johnson Controls Employment Transition Benefits Plan is a trust established to offer unemployment compensation to employees who part ways with Tyco International through a transition benefits plan. The trust's primary mission is to provide financial aid during periods of unemployment, supporting employees during their transition periods. This assistance contributes to their overall well-being and stability during this critical life phase. The trust is based in Glendale, Wisconsin.


Official website here: www.tyco.com

Is Johnson Controls Employment Transition Benefits Plan legitimate?

Johnson Controls Employment Transition Benefits Plan is a legitimate nonprofit organization registered as a 501(c)(17) entity. Johnson Controls Employment Transition Benefits 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

For more financial information, click here


Official website here: www.tyco.com

What is the mission statement of Johnson Controls Employment Transition Benefits Plan?

The Johnson Controls Employment Transition Benefits Plan was established with the mission to provide unemployment compensation to employees who part ways with the company, under the Tyco International Employment Transition Benefits Plan. This initiative aims to offer financial assistance during times of job loss, thereby providing a safety net for affected employees during their transition period. The plan's primary objective is to ensure that employees have some financial stability during their job search or career transition. The trust operates based on this mission, providing unemployment benefits to eligible employees in accordance with its established guidelines.


Official website here: www.tyco.com

Who is the CEO of Johnson Controls Employment Transition Benefits Plan?

John Nawrath is the Principal Officer of Johnson Controls Employment Transition Benefits Plan.


Official website here: www.tyco.com

What is the revenue of Johnson Controls Employment Transition Benefits Plan?

Johnson Controls Employment Transition Benefits Plan's revenue in 2022 was $9,662,897.


Official website here: www.tyco.com

Who are the executives of Johnson Controls Employment Transition Benefits Plan and what are their salaries?

There 5 volunteers at Johnson Controls Employment Transition Benefits Plan.


Here are 5 key members and their salaries:


Marlon J Sullivan (Chief Human Resources Offi)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jody Yaeger (Vp Global Total Rewards)
  • Compensation: $0
  • Related: $0
  • Other: $0
Corinne Carlson (Vp Global Benefits)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pieter Lens (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Olivier Leonetti (Chief Financial Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.tyco.com

Where can I find the form 990 for Johnson Controls Employment Transition Benefits Plan?

Johnson Controls Employment Transition Benefits Plan's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.tyco.com

Learn more at the official website: www.tyco.com

Mission Statement of Johnson Controls Employment Transition Benefits Plan

Johnson Controls Employment Transition Benefits Plan, established with a specific purpose, aims to provide unemployment compensation to employees who part ways with Tyco International as part of the Employment Transition Benefits Plan. This trust serves as a safety net for affected employees, offering them financial support during their job transition period. The mission of Johnson Controls Employment Transition Benefits Plan is centered around providing a sense of security and stability during a potentially challenging time, enabling employees to navigate their separation from Tyco International more smoothly.

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Impact




October, 2024

The Johnson Controls Employment Transition Benefits Plan significantly impacts employees by providing essential financial support during periods of unemployment following separation from service. This trust establishes a safety net for participants in the Tyco International Employment Transition Benefits Plan, ensuring they receive unemployment compensation that can help facilitate their transition to new employment. By offering this benefit, the plan alleviates some of the stress and uncertainty associated with job loss, helping affected employees maintain their financial stability while they search for new opportunities. Ultimately, it promotes a smoother transition and supports those in need during a critical time in their careers.




This information is meant to be a general summary of Johnson Controls Employment Transition Benefits 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.

Revenue
$9,662,897 (2022)
Expenses
$9,662,897 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $9,662,897
  • Gross Receipts: $9,662,897

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$9,662,897

Organization Details

Founding Year

1999

Principal Officer

John Nawrath

Main Address

5757 N GREEN BAY AVE MAIL STOPX-, GLENDALE, WI, 53209

NTEE Category

Code: Y24 - Mutual benefit

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