Overview
What is Contitech Usa Inc Supp Benefits Trust?
Contitech Usa Inc Supp Benefits Trust is a specialized trust established to support eligible employees of Contitech USA, Inc. This nonprofit entity provides supplemental unemployment benefits to its employees in accordance with the terms set out in the trust plan. The primary purpose of this trust is to offer financial assistance during periods of job loss, enhancing the financial security of the affected employees.
Is Contitech Usa Inc Supp Benefits Trust legitimate?
Contitech Usa Inc Supp Benefits Trust is a legitimate nonprofit organization registered as a 501(c)(17) entity. Contitech Usa Inc Supp Benefits 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
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What is the mission statement of Contitech Usa Inc Supp Benefits Trust?
The Contitech Usa Inc Supp Benefits Trust is established with the mission to provide supplemental unemployment benefits to eligible employees of Contitech USA, Inc. According to its purpose, the trust makes funds available for these employees, enabling them to receive additional unemployment benefits, in compliance with the specific terms of the plan. This initiative aims to offer financial support during periods of unemployment, providing a safety net for the affected employees.
Who is the CEO of Contitech Usa Inc Supp Benefits Trust?
Tim Rogers is the Benefit Committee Member of Contitech Usa Inc Supp Benefits Trust.
What is the revenue of Contitech Usa Inc Supp Benefits Trust?
Contitech Usa Inc Supp Benefits Trust's revenue in 2022 was $180,396.
Who are the executives of Contitech Usa Inc Supp Benefits Trust and what are their salaries?
Here are 3 key members and their salaries:
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- Related: $0
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Where can I find the form 990 for Contitech Usa Inc Supp Benefits Trust?
Contitech Usa Inc Supp Benefits Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Contitech Usa Inc Supp Benefits Trust
Contitech Usa Inc Supp Benefits Trust is a mission-driven entity that aims to offer supplemental unemployment benefits to eligible employees of Contitech USA, Inc. This trust provides financial assistance to its beneficiaries based on the specifications outlined in the plan. The primary objective of Contitech Usa Inc Supp Benefits Trust is to ensure that its employees have additional financial support during periods of unemployment, thereby alleviating some of the financial strain they may experience. This initiative demonstrates the organization's commitment to supporting its employees during challenging times, thereby maintaining a stable workforce and fostering a sense of security among its employees.
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Impact
October, 2024
Contitech USA Inc Supp Benefits Trust plays a significant role in supporting eligible employees of Contitech USA, Inc. by providing supplemental unemployment benefits. This financial assistance acts as a safety net for employees during periods of unemployment, helping to mitigate the challenges they face when they lose their jobs.
By offering these supplemental benefits, the trust enhances financial stability for employees, allowing them to better manage their expenses while searching for new employment opportunities. This support not only benefits individuals but also contributes positively to the overall morale and retention of the workforce. When employees feel secure knowing that they have access to additional resources during tough times, it fosters a sense of loyalty and commitment to the company.
Furthermore, this initiative can help reduce the economic impact on the community by ensuring that individuals have the means to continue meeting their basic needs, which in turn supports local businesses. Overall, the Contitech USA Inc Supp Benefits Trust plays a vital role in promoting employee welfare and enhancing the economic resilience of the region.
This information is meant to be a general summary of Contitech Usa Inc Supp Benefits 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: $6,511
- Program Service Revenue: $173,885
- Gross Receipts: $180,396
Assets and Liabilities:
- Total Assets: $422,104
- Total Liabilities: $0
- Net Assets: $422,104
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$173,885
Organization Details
Founding Year
2007
Phone
(330) 664-7000Principal Officer
Tim Rogers
Main Address
703 S CLEVELAND MASSILLON RD, FAIRLAWN, OH, 44333
NTEE Category
Code: Y24 - Mutual benefit
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