Fabricut Inc Employee Benefit Trust

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

EIN: 731219902 ✦ Tulsa, OK ✦ Designated as a 501(c)(9)

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Overview

What is Fabricut Inc Employee Benefit Trust?

Fabricut Inc Employee Benefit Trust is a nonprofit organization that offers various benefits to its employees. In accordance with Section 501(c) (9) of the Internal Revenue Code, the trust provides life, sickness, accident, or other types of benefits to its members. These benefits are intended to support the employees in times of need, and the trust also covers administrative expenses related to these benefits. The trust's primary mission is to offer these benefits to its members, ensuring financial assistance and support during challenging periods.

Is Fabricut Inc Employee Benefit Trust legitimate?

Fabricut Inc Employee Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Fabricut Inc Employee Benefit 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 Fabricut Inc Employee Benefit Trust?

The Fabricut Inc Employee Benefit Trust is established with a mission to provide various benefits, such as those related to life, sickness, accidents, or other circumstances, for its members. This mission aligns with the guidelines set under Section 501(c) (9) of the Internal Revenue Code, which allows for voluntary employees' beneficiary associations. The trust offers financial aid to its members in times of need and also covers administrative expenses.

Who is the CEO of Fabricut Inc Employee Benefit Trust?

Ron Graham is the Trustee of Fabricut Inc Employee Benefit Trust.

What is the revenue of Fabricut Inc Employee Benefit Trust?

Fabricut Inc Employee Benefit Trust's revenue in 2022 was $4,799,621.

Who are the executives of Fabricut Inc Employee Benefit Trust and what are their salaries?


Here are 3 key members and their salaries:


David Finer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Graham (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Guterman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Fabricut Inc Employee Benefit Trust?

Fabricut Inc Employee Benefit Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Fabricut Inc Employee Benefit Trust

The Fabricut Employee Benefit Trust is a nonprofit organization with a mission to provide various benefits, including those related to life, sickness, accidents, and other circumstances. Operating under Section 501(c) (9) of the Internal Revenue Code, this voluntary employees' beneficiary association offers financial assistance to its members in the form of benefits payments. The trust also covers administrative expenses related to its operations. The Fabricut Employee Benefit Trust's primary role is to support its members during challenging times, providing a safety net that caters to their unique needs.

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Impact




October, 2024

Fabricut Inc Employee Benefit Trust plays a crucial role in supporting the welfare of its members by providing essential benefits related to life, sickness, and accidents. By enabling access to a range of benefits that align with the guidelines of a voluntary employees' beneficiary association, the Trust helps ensure financial stability and security for its members during times of need. Through this safety net, members can navigate health challenges and unforeseen circumstances with greater peace of mind.

The Trust not only covers direct benefits paid to members but also addresses administrative expenses, thereby maintaining efficient operations. With its base in Tulsa, Oklahoma, Fabricut Inc Employee Benefit Trust's mission directly impacts the quality of life for its members by fostering a supportive community focused on mutual assistance. This emphasis on collective well-being enhances the overall resilience of the workforce, ultimately contributing to a more stable and engaged employee base.




This information is meant to be a general summary of Fabricut Inc Employee Benefit 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
$4,799,621 (2022)
Expenses
$4,785,180 (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: $4,799,621
  • Gross Receipts: $4,799,621

Assets and Liabilities:

  • Total Assets: $3,271,430
  • Total Liabilities: $0
  • Net Assets: $3,271,430

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$3,273,000

PARTICIPANT CONTRIBUTI

Revenue

$1,526,621

Organization Details

Founding Year

1984

Principal Officer

Ron Graham

Main Address

9303 E 46TH ST, TULSA, OK, 74145

NTEE Category

Code: Y40 - Mutual benefit

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