Cleat Benefit Trust

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

EIN: 742352970 ✦ Austin, TX ✦ Designated as a 501(c)(9)

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Overview

What is Cleat Benefit Trust?

The Cleat Benefit Trust, located in Austin, Texas, is a nonprofit organization that focuses on providing health and welfare benefits to its 3,908 participants. The benefits package includes dental and vision plans, as well as an accidental death and dismemberment policy. The primary objective of the Cleat Benefit Trust is to ensure the well-being of its members, offering them essential health coverage.


Official website here: www.cleat.org

Is Cleat Benefit Trust legitimate?

Cleat Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Cleat 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


Official website here: www.cleat.org

What is the mission statement of Cleat Benefit Trust?

The Cleat Benefit Trust is committed to providing health and welfare benefits to its participants. This is achieved through various means, including offering a dental and vision plan for 3,908 plan participants and an accidental death and dismemberment policy. The primary objective of the trust is to enhance the well-being and health of its participants, ensuring they have access to necessary medical coverage.


Official website here: www.cleat.org

What is the revenue of Cleat Benefit Trust?

Cleat Benefit Trust's revenue in 2023 was $4,198,484.


Official website here: www.cleat.org

Who are the executives of Cleat Benefit Trust and what are their salaries?

There 3 volunteers at Cleat Benefit Trust.

Here are 3 key members and their salaries:


Greg Shipley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marvin Ryals (Managing Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
D Lloyd Cook (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cleat.org

Where can I find the form 990 for Cleat Benefit Trust?

Cleat Benefit Trust's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.cleat.org

Learn more at the official website: www.cleat.org

Mission Statement of Cleat Benefit Trust

The Cleat Benefit Trust, as an organization, is dedicated to providing health and welfare benefits to its participants. Its mission, in essence, is to ensure the well-being of those who are a part of its program. This is achieved through various initiatives. One of its key offerings is a dental and vision plan, catering to 3,908 plan participants. Beyond this, the Trust also provides an Accidental Death and Dismemberment policy, further cementing its commitment to the health and welfare of its participants. In essence, the Cleat Benefit Trust works tirelessly to improve the health and well-being of its participants, offering them essential medical benefits.

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Impact




October, 2024

Cleat Benefit Trust significantly enhances the well-being of its participants by providing critical health and welfare benefits. It offers comprehensive health benefits, including dental and vision plans, to 3,908 participants, ensuring access to necessary healthcare services that promote overall health. Additionally, the organization includes an accidental death and dismemberment policy, further safeguarding participants and their families against unforeseen circumstances. This commitment to health and welfare contributes to the financial and emotional security of individuals in the Austin, TX area, fostering a sense of community and mutual support among its members.




This information is meant to be a general summary of Cleat 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
$4,198,484 (2023)
Expenses
$3,652,494 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $31,211
  • Program Service Revenue: $4,167,273
  • Gross Receipts: $4,198,484

Assets and Liabilities:

  • Total Assets: $1,958,219
  • Total Liabilities: $41,323
  • Net Assets: $1,916,896

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Programs

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

BENEFITS COVERAGE PMTS

Revenue

$4,167,273

Organization Details

Founding Year

1984

Principal Officer

Marvin Ryals

NTEE Category

Code: Y43 - Mutual benefit

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