Overview
What is Glass Control Inc Employee Benefit Trust?
Glass Control Inc Employee Benefit Trust is a nonprofit organization primarily established to offer health insurance benefits to 112 participating and covered employees, as of November 30, 2022. The trust's mission is to provide both health and death benefits to employees within a controlled group of corporations. The trust's primary activity revolves around ensuring the well-being of its employees, offering essential healthcare coverage and supporting them in times of loss.
Is Glass Control Inc Employee Benefit Trust legitimate?
Glass Control Inc Employee Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Glass Control 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
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What is the mission statement of Glass Control Inc Employee Benefit Trust?
The Glass Control Inc Employee Benefit Trust is committed to providing health and death benefits to the employees of a controlled group of corporations. Its primary activity revolves around offering a comprehensive employee benefit plan, with a significant focus on health insurance. As of November 30, 2022, this plan covers 112 participating and eligible employees. The trust aims to support the well-being and financial security of its workforce during times of health challenges and beyond.
Who is the CEO of Glass Control Inc Employee Benefit Trust?
James R Lupton is the Trustee of Glass Control Inc Employee Benefit Trust.
What is the revenue of Glass Control Inc Employee Benefit Trust?
Glass Control Inc Employee Benefit Trust's revenue in 2022 was $1,073,892.
Who are the executives of Glass Control Inc Employee Benefit Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Glass Control Inc Employee Benefit Trust?
Glass Control Inc Employee Benefit Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Glass Control Inc Employee Benefit Trust
Glass Control Inc Employee Benefit Trust is an organization dedicated to providing health and death benefits to the employees of a controlled group of corporations. Their primary mission is to ensure the well-being of these employees, providing them with essential health insurance coverage. At the end of November 2022, this employee benefit plan catered to 112 participating and covered employees. The trust's mission is to offer a safety net for these employees, providing them with peace of mind during times of health challenges or in the event of unfortunate incidents. By providing these benefits, Glass Control Inc Employee Benefit Trust plays a crucial role in supporting the overall well-being and financial security of its beneficiaries.
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Impact
October, 2024
Glass Control Inc Employee Benefit Trust plays a crucial role in enhancing the well-being of employees within a controlled group of corporations by providing essential health and death benefits. This trust supports a significant number of employees—specifically 112 participating and covered individuals as of November 30, 2022—ensuring they have access to health insurance and other related benefits.
By prioritizing employee health and security, the trust contributes to a more stable and satisfied workforce. The availability of comprehensive health benefits can lead to increased employee morale and productivity, as well as a reduction in absenteeism due to health-related issues. Furthermore, offering death benefits aids in providing financial security for employees' families, fostering a supportive work environment.
In summary, the Glass Control Inc Employee Benefit Trust not only addresses the immediate health needs of employees but also promotes long-term employee retention and satisfaction, benefiting both the individuals and the organizations involved.
This information is meant to be a general summary of Glass Control 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $551
- Program Service Revenue: $1,073,341
- Gross Receipts: $1,073,892
Assets and Liabilities:
- Total Assets: $323,120
- Total Liabilities: $0
- Net Assets: $323,120
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PREMIUMS
Revenue
$1,073,341
Organization Details
Founding Year
1988
Phone
(806) 799-8807Principal Officer
James R Lupton
Main Address
P O BOX 64190, LUBBOCK, TX, 794644190
NTEE Category
Code: Y40 - Mutual benefit
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