Overview
What is Bgd Product Co Ltd?
Bgd Product Co Ltd is a nonprofit organization situated in Irving, Texas. It specializes in underwriting insurance contracts for tax-exempt entities that meet certain criteria. These qualifying entities, as stated by the 501(c)(15) classification, must have annual gross receipts under $600,000 and net written premiums accounting for at least half of their total gross receipts. The company's mission primarily focuses on assisting non-life insurance companies that fall under this classification, ensuring they have adequate insurance coverage. Bgd Product Co Ltd offers customized programs to support these qualifying taxpayers, thereby providing them with essential protection and peace of mind.
Is Bgd Product Co Ltd legitimate?
Bgd Product Co Ltd is a legitimate nonprofit organization registered as a 501(c)(15) entity. Bgd Product Co Ltd 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 Bgd Product Co Ltd?
Bgd Product Co Ltd, as a non-life insurance company, qualifies under section 501(C)(15) with annual gross receipts below $600,000 and net written premiums accounting for at least half of its total gross receipts. The company specializes in underwriting insurance contracts for taxpayers who meet these criteria. Bgd Product Co Ltd's mission is to provide insurance programs for these qualifying individuals and businesses, ensuring they have adequate protection. The company's focus is on non-life insurance, demonstrating its commitment to this specific sector. Despite its relatively small size, Bgd Product Co Ltd offers significant value to its clients by offering insurance solutions tailored to their unique needs.
Who is the CEO of Bgd Product Co Ltd?
Becky G Dodson is the Director, President/Secretary of Bgd Product Co Ltd.
What is the revenue of Bgd Product Co Ltd?
Bgd Product Co Ltd's revenue in 2022 was $38,304.
Who are the executives of Bgd Product Co Ltd 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 Bgd Product Co Ltd?
Bgd Product Co Ltd's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bgd Product Co Ltd
Bgd Product Co Ltd, as a non-life insurance company, serves a specific segment of taxpayers who qualify under 501(c)(15). This organization specializes in underwriting insurance contracts for individuals or entities whose total gross receipts are below $600,000 and whose net written premiums account for at least half of their total gross receipts. By adhering to these criteria, Bgd Product Co Ltd focuses on supporting these qualifying taxpayers with their insurance needs.
In essence, Bgd Product Co Ltd functions as an insurance provider for a particular group of clients who meet the 501(c)(15) requirements. The company's mission is to cater to these taxpayers by offering them customized insurance solutions that align with their specific financial circumstances. By focusing on non-life insurance, Bgd Product Co Ltd ensures it provides insurance coverage that covers various risks, such as property damage, liability, and more, thereby offering comprehensive protection to its clients.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Bgd Product Co Ltd plays a significant role in providing specialized insurance solutions for qualifying taxpayers, particularly non-life insurance companies with total gross receipts below $600,000. By focusing on those with net written premiums constituting at least 50% of total gross receipts, Bgd Product fosters financial stability and support for small businesses that might otherwise struggle to access traditional insurance markets.
Based in Irving, TX, the company underwrites insurance contracts tailored to the unique needs of its clients, helping them mitigate risks and secure necessary coverage. Its operations not only enhance the financial resilience of these taxpayers but also contribute to the broader economic landscape by supporting small businesses' growth and sustainability. Through its programs, Bgd Product serves as a vital resource, ensuring that those operating on a limited scale still have reliable options in risk management.
This information is meant to be a general summary of Bgd Product Co Ltd. 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: $5,418
- Program Service Revenue: $32,886
- Gross Receipts: $38,304
Assets and Liabilities:
- Total Assets: $372,046
- Total Liabilities: $110,807
- Net Assets: $261,239
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PREMIUMS
Revenue
$32,886
Organization Details
Founding Year
1998
Principal Officer
Becky G Dodson
Main Address
PO BOX 140249, IRVING, TX, 750140249
NTEE Category
Code: Y23 - Mutual benefit
If you are a representative of Bgd Product Co Ltd and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.