Overview
What is Bell Helicopter Textron Uaw Subplan?
The Bell Helicopter Textron UAW Subplan is an employee benefit plan, a result of negotiations between Bell Helicopter Textron Inc. (BHTI) and a union representing their employees. This plan is designed to provide financial assistance to union-represented employees who meet specific eligibility criteria while on layoff status. Located in Fort Worth, Texas, this plan aims to support BHTI employees during challenging periods of job loss, reflecting the company's commitment to employee well-being.
Is Bell Helicopter Textron Uaw Subplan legitimate?
Bell Helicopter Textron Uaw Subplan is a legitimate nonprofit organization registered as a 501(c)(17) entity. Bell Helicopter Textron Uaw Subplan 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:
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Other Salaries and Wages: $0
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What is the mission statement of Bell Helicopter Textron Uaw Subplan?
The Bell Helicopter Textron UAW Subplan is an employee benefit plan, established through negotiations between Bell Helicopter Textron Inc. (BHTI) and a union representing its employees. This plan provides financial assistance in the form of payments to eligible union-represented employees who find themselves in a layoff status. The primary goal of this plan is to offer support during times of unemployment, ensuring some financial stability for affected employees. The plan's eligibility requirements determine which employees are entitled to these payments.
Who is the CEO of Bell Helicopter Textron Uaw Subplan?
Elizabeth Novosad is the Director of Bell Helicopter Textron Uaw Subplan.
What is the revenue of Bell Helicopter Textron Uaw Subplan?
Bell Helicopter Textron Uaw Subplan's revenue in 2022 was $519.
Who are the executives of Bell Helicopter Textron Uaw Subplan and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Bell Helicopter Textron Uaw Subplan?
Bell Helicopter Textron Uaw Subplan's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bell Helicopter Textron Uaw Subplan
The Bell Helicopter Textron UAW Subplan is a negotiated employee benefit plan between Bell Helicopter Textron Inc. (BHTI) and a union representing its employees. This plan is designed to offer payments to eligible union-represented employees who find themselves in a layoff status. The main objective of this plan is to provide financial support during challenging periods of unemployment, thereby offering a safety net for the affected employees. This plan is an essential component of BHTI's employee benefits package, demonstrating the company's commitment to its workforce during challenging times.
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Impact
October, 2024
The Bell Helicopter Textron UAW Subplan serves as a critical financial safety net for employees of Bell Helicopter Textron Inc. who find themselves on layoff status. By providing payments to eligible employees during periods of unemployment, the Subplan mitigates the adverse effects of job loss, ensuring that workers can maintain a level of financial stability while they seek new employment opportunities.
This employee benefit plan fosters a sense of security and solidarity among union members, reinforcing the importance of collective bargaining in protecting worker rights. By negotiating such plans, the union and the company acknowledge the challenges that layoffs present and take proactive steps to support affected employees, creating a more resilient workforce.
The impact of the Bell Helicopter Textron UAW Subplan extends beyond individual financial support; it promotes employee morale and retention by demonstrating the commitment to workers' welfare during challenging times. This approach can enhance the overall workplace environment and strengthen the union’s role as a representative of employee interests, contributing to a culture of mutual benefit.
This information is meant to be a general summary of Bell Helicopter Textron Uaw Subplan. 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: $519
- Gross Receipts: $519
Assets and Liabilities:
- Total Assets: $948,495
- Total Liabilities: $0
- Net Assets: $948,495
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Organization Details
Founding Year
1971
Phone
(817) 280-5327Principal Officer
Elizabeth Novosad
Main Address
PO BOX 482, FORT WORTH, TX, 76101
NTEE Category
Code: Y20 - Mutual benefit
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