Overview
What is Faust Distributing Co Employee Benefit Plan?
Faust Distributing Co Employee Benefit Plan is a health benefits program situated in Houston, Texas. With a focus on medical benefits, the plan serves approximately 370 eligible participants and their dependents. The primary mission of this plan is to offer healthcare coverage to its members, ensuring they have access to necessary medical services. The plan is dedicated to enhancing the overall health and well-being of its members by providing medical claims, thereby supporting their healthcare needs.
Is Faust Distributing Co Employee Benefit Plan legitimate?
Faust Distributing Co Employee Benefit Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Faust Distributing Co Employee Benefit Plan 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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What is the mission statement of Faust Distributing Co Employee Benefit Plan?
The Faust Distributing Co Employee Benefit Plan is committed to providing medical benefits to eligible members. Its mission is centered around offering health benefits to those who qualify under the Plan. Approximately 370 participants and their dependents have received medical claims under this Plan. The Plan's purpose is to contribute positively to the health and wellbeing of its eligible members. The Plan strives to offer comprehensive healthcare coverage, ensuring that eligible individuals have access to necessary medical services.
Who is the CEO of Faust Distributing Co Employee Benefit Plan?
Jason Gietka is the Chairman of Faust Distributing Co Employee Benefit Plan.
What is the revenue of Faust Distributing Co Employee Benefit Plan?
Faust Distributing Co Employee Benefit Plan's revenue in 2022 was $3,191,855.
Who are the executives of Faust Distributing Co Employee Benefit Plan and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990 for Faust Distributing Co Employee Benefit Plan?
Faust Distributing Co Employee Benefit Plan's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Faust Distributing Co Employee Benefit Plan
Faust Distributing Co Employee Benefit Plan is dedicated to fulfilling its mission of extending medical benefits to eligible participants. The primary objective of this plan is to ensure the health and well-being of its members by providing them with essential medical coverage. The plan has served approximately 370 eligible participants and their dependents by offering medical claims, thereby demonstrating its commitment to promoting better health among its beneficiaries.
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Impact
October, 2024
The Faust Distributing Co Employee Benefit Plan significantly impacts the health and well-being of its eligible members and their dependents. By offering medical benefits, the plan ensures that approximately 370 participants have access to necessary healthcare services, which can alleviate financial burdens associated with medical claims. The provision of these benefits fosters a sense of security among employees, enabling them to focus on their work without the added stress of healthcare costs. Ultimately, the plan plays a vital role in enhancing the quality of life for participants and their families, promoting overall employee satisfaction and retention within the organization.
This information is meant to be a general summary of Faust Distributing Co Employee Benefit Plan. 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: $3,191,855
- Gross Receipts: $3,191,855
Assets and Liabilities:
- Total Assets: $1,028,360
- Total Liabilities: $215,125
- Net Assets: $813,235
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$2,376,715
PARTICIPANTS CONTRIBUTIONS
Revenue
$815,140
Organization Details
Founding Year
1988
Phone
(713) 673-5111Principal Officer
Jason Gietka
Main Address
10040 I 10 EAST, HOUSTON, TX, 77029
NTEE Category
Code: Y40 - Mutual benefit
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