Overview
What is Texas Beef Surety Trust?
Texas Beef Surety Trust is a nonprofit organization that primarily focuses on providing essential insurance coverage to the workforce of four prominent entities in the beef industry: Texas Beef Ltd., Dripping Springs Cattle Ltd., Maltese Cross Ltd., and Texas Beef Farms. The nonprofit offers health, life, and accidental death and dismemberment (AD&D) insurance plans to enhance the overall well-being and security of the employees within these companies.
Is Texas Beef Surety Trust legitimate?
Texas Beef Surety Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Texas Beef Surety 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Texas Beef Surety Trust?
The Texas Beef Surety Trust serves a specific purpose, primarily focusing on employee welfare. Its mission is to offer health, life, and Accidental Death and Dismemberment (AD&D) insurance coverage to the employees of four associated companies: Texas Beef Ltd., Dripping Springs Cattle Ltd., Maltese Cross Ltd., and Texas Beef Farms. By providing these insurance services, the Texas Beef Surety Trust aims to offer financial security and peace of mind to its beneficiaries in case of unforeseen health issues or unfortunate events.
Who is the CEO of Texas Beef Surety Trust?
Wh O'Brien is the Trustee of Texas Beef Surety Trust.
What is the revenue of Texas Beef Surety Trust?
Texas Beef Surety Trust's revenue in 2022 was $506,399.
Who are the executives of Texas Beef Surety Trust 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 Texas Beef Surety Trust?
Texas Beef Surety Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Texas Beef Surety Trust
Texas Beef Surety Trust, as a mission-driven entity, prioritizes the well-being of its employees by offering comprehensive health, life, and Accidental Death & Dismemberment (AD&D) insurance coverage. This nonprofit organization extends its protective services to the employees of Texas Beef Ltd., Dripping Springs Cattle Ltd., Maltese Cross Ltd., and Texas Beef Farms. By providing this essential coverage, Texas Beef Surety Trust assists its beneficiaries in mitigating potential financial burdens related to unforeseen health issues or unfortunate events, thereby ensuring their peace of mind.
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Impact
October, 2024
Texas Beef Surety Trust plays a critical role in enhancing the well-being of employees at Texas Beef Ltd., Dripping Springs Cattle Ltd., Maltese Cross Ltd., and Texas Beef Farms by providing essential health, life, and accidental death and dismemberment (AD&D) insurance. By ensuring that employees have access to comprehensive insurance coverage, the Trust fosters a secure and supportive work environment, which can lead to increased job satisfaction and productivity.
The impact of this initiative extends beyond individual employees to their families and the broader community, as it helps mitigate financial risks associated with health-related issues and unforeseen events. This mutual benefit system creates a more resilient workforce, ultimately contributing to the sustainability and success of the agricultural sector in Amarillo, Texas. Through its mission, the Texas Beef Surety Trust strengthens the relationship between employers and employees, promoting a culture of care and responsibility within the industry.
This information is meant to be a general summary of Texas Beef Surety 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.
- Program Service Revenue: $506,399
- Gross Receipts: $506,399
Assets and Liabilities:
- Total Assets: $102,453
- Total Liabilities: $0
- Net Assets: $102,453
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYEE CONTRIBUTIONS
Revenue
$177,197
EMPLOYER CONTRIBUTIONS
Revenue
$329,202
Organization Details
Founding Year
1984
Phone
(806) 372-3877Principal Officer
Wh O'Brien
Main Address
800 S MONROE, AMARILLO, TX, 79101
NTEE Category
Code: Y40 - Mutual benefit
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