Overview
What is Hobby Lobby Stores Inc Medical & Dental Plan Trust?
Hobby Lobby Stores Inc Medical & Dental Plan Trust is a nonprofit organization established for the specific purpose of providing medical and dental benefits to its employees. This trust's mission focuses on enhancing the well-being of Hobby Lobby's workforce by ensuring access to essential healthcare services. The trust does not provide further details about its operations, but its primary function is clear: it serves as a vital resource for Hobby Lobby employees in managing their health and dental needs.
What are the reviews and ratings of this charity?
The Hobby Lobby Stores Inc Medical & Dental Plan Trust is not currently rated by Charity Navigator, primarily because it is not a 501(c)(3) IRS registered nonprofit. Charity Navigator ratings are typically derived from scores on various beacons, including Accountability & Finance and Impact & Measurement, which are not applicable here due to the trust’s foundation status.
Since it is not evaluated by Charity Navigator's available methodologies, there is limited financial and operational data provided for this trust, including no data on total revenue, expenses, or salaries of key persons. As a result, it is challenging to assess the trust's financial health and operational effectiveness.
GreatNonprofits does not provide user reviews for the Hobby Lobby Stores Inc Medical & Dental Plan Trust, leaving the public without crowdsourced experiences or opinions to reflect on the trust’s impact or reputation in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Hobby Lobby Stores Inc Medical & Dental Plan Trust legitimate?
Hobby Lobby Stores Inc Medical & Dental Plan Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Hobby Lobby Stores Inc Medical & Dental Plan 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: $3,750
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Hobby Lobby Stores Inc Medical & Dental Plan Trust?
The Hobby Lobby Stores Inc Medical & Dental Plan Trust was established to provide medical and dental benefits for the company's employees. unfortunately, this nonprofit organization is now terminated or no longer active. Previously, its mission focused on ensuring employees had access to essential healthcare services. The trust offered comprehensive medical and dental coverage, providing a safety net for employees and their families. However, without further information, it's unclear what initiatives or programs the trust may have implemented to achieve this mission. Despite its termination, the legacy of the Hobby Lobby Stores Inc Medical & Dental Plan Trust continues to prioritize the well-being of its former employees.
Who is the CEO of Hobby Lobby Stores Inc Medical & Dental Plan Trust?
Peter M Dobelbower is the Principal Officer of Hobby Lobby Stores Inc Medical & Dental Plan Trust.
What is the revenue of Hobby Lobby Stores Inc Medical & Dental Plan Trust?
Hobby Lobby Stores Inc Medical & Dental Plan Trust's revenue in 2021 was $104,757,514.
Who are the executives of Hobby Lobby Stores Inc Medical & Dental Plan Trust and what are their salaries?
There 9 volunteers at Hobby Lobby Stores Inc Medical & Dental Plan Trust.
Here are 10 key members and their salaries:
- Compensation: $0
- Related: $964,694
- Other: $21,856
- Compensation: $0
- Related: $183,210
- Other: $130
- Compensation: $0
- Related: $329,145
- Other: $24,531
- Compensation: $0
- Related: $313,195
- Other: $21,856
- Compensation: $0
- Related: $286,306
- Other: $256
- Compensation: $0
- Related: $296,416
- Other: $21,856
- Compensation: $0
- Related: $288,850
- Other: $23,957
- Compensation: $0
- Related: $175,253
- Other: $19,733
- Compensation: $0
- Related: $759,317
- Other: $21,759
- Compensation: $3,750
- Related: $0
- Other: $0
Where can I find the form 990 for Hobby Lobby Stores Inc Medical & Dental Plan Trust?
Hobby Lobby Stores Inc Medical & Dental Plan Trust's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Hobby Lobby Stores Inc Medical & Dental Plan Trust
Hobby Lobby Stores Inc Medical & Dental Plan Trust was once an active nonprofit organization dedicated to providing medical and dental benefits for its employees. The mission of this trust was centered around the well-being of Hobby Lobby's workforce, ensuring they had access to essential healthcare services. Although the trust is now terminated, its legacy continues to resonate through the impact it had on the lives of its employees.
Prioritizing the health and wellness of its staff, Hobby Lobby Stores Inc Medical & Dental Plan Trust assumed the crucial role of offering comprehensive medical and dental coverage. By doing so, the organization supported the overall productivity and morale of its employees, as they felt valued and cared for. The trust's commitment to employee welfare extended beyond just healthcare, fostering a strong sense of loyalty and dedication within the Hobby Lobby team.
In its operational years, the trust made significant strides in providing top-notch medical and dental benefits to its employees, contributing to a positive work environment. Despite its termination, the legacy of Hobby Lobby Stores Inc Medical & Dental Plan Trust continues to stand as a testament to the importance of prioritizing employee health and well-being in the corporate world.
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Impact
October, 2024
Hobby Lobby Stores Inc Medical & Dental Plan Trust provided essential medical and dental benefits to employees, playing a significant role in supporting their health and well-being. By facilitating access to quality healthcare services, the plan contributed to employee satisfaction and retention, fostering a healthier workforce. The trust aimed to alleviate financial burdens associated with medical expenses, which can enhance overall productivity and morale among employees. Although the trust is no longer active, its impact would have been seen through the stability it offered employees in managing their health needs.
This information is meant to be a general summary of Hobby Lobby Stores Inc Medical & Dental Plan 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 2021.
- Investment Income: $384
- Program Service Revenue: $104,757,130
- Gross Receipts: $104,757,514
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.
CONTRIBUTIONS
Revenue
$104,757,130
Organization Details
Founding Year
1989
Phone
(405) 745-1100Principal Officer
Peter M Dobelbower
Main Address
7707 SW 44TH STREET, OKLAHOMA CITY, OK, 73179
NTEE Category
Code: Y20 - Mutual benefit
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