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New Era Employee Welfare Benefit Trust

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 760311901 ✦ Houston, TX ✦ Designated as a 501(c)(9)

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Overview

What is New Era Employee Welfare Benefit Trust?

The New Era Employee Welfare Benefit Trust is a nonprofit organization situated in Houston, Texas, specifically at 11720 KATY FREEWAY 1700. Its primary mission is to extend major medical and optional dental benefits to all its full-time employees, as well as their beneficiaries and covered dependents. This organization is committed to ensuring the well-being of its workforce by providing essential healthcare coverage, thereby supporting their overall health and wellness.

Is New Era Employee Welfare Benefit Trust legitimate?

New Era Employee Welfare Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. New Era Employee Welfare 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

For more financial information, click here

What is the mission statement of New Era Employee Welfare Benefit Trust?

The New Era Employee Welfare Benefit Trust's primary mission is centered around providing comprehensive medical and optional dental benefits to its full-time employees, as well as their beneficiaries and covered dependents. This organization is dedicated to ensuring the health and well-being of its workforce by offering these essential benefits. By doing so, the Trust aims to support its employees in maintaining their overall health and peace of mind.

Who is the CEO of New Era Employee Welfare Benefit Trust?

Bill Chen is the Trustee of New Era Employee Welfare Benefit Trust.

What is the revenue of New Era Employee Welfare Benefit Trust?

New Era Employee Welfare Benefit Trust's revenue in 2022 was $3,208,580.

Who are the executives of New Era Employee Welfare Benefit Trust and what are their salaries?


Here are 2 key members and their salaries:


Bill Chen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Frazier (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for New Era Employee Welfare Benefit Trust?

New Era Employee Welfare Benefit Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of New Era Employee Welfare Benefit Trust

New Era Employee Welfare Benefit Trust is dedicated to providing essential medical and optional dental benefits to its full-time employees, their beneficiaries, and their covered dependents. The primary focus of this organization is to ensure the well-being of its workforce by offering these comprehensive health benefits. The trust aims to safeguard the health and financial security of its employees, understanding that good health can significantly impact their overall quality of life. By providing these benefits, New Era Employee Welfare Benefit Trust demonstrates its commitment to its employees, fostering a supportive and caring work environment.

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Impact




October, 2024

New Era Employee Welfare Benefit Trust plays a vital role in ensuring the health and well-being of full-time employees and their families. By providing major medical and optional dental benefits, it enables employees to access essential healthcare services without the burden of overwhelming costs. This financial support fosters a healthier workforce, improving job satisfaction and employee retention.

The trust's commitment to offering comprehensive health coverage directly impacts employees' peace of mind, allowing them to focus on their work and personal lives with less stress about medical expenses. Additionally, by covering beneficiaries and dependents, the trust strengthens family well-being, promoting overall community health in Houston, TX. The focus on civil rights reflects a broader commitment to equality in access to healthcare, ensuring that all employees receive equitable treatment regardless of their backgrounds. Overall, the New Era Employee Welfare Benefit Trust significantly enhances the quality of life for employees and their families, laying the groundwork for a more productive and loyal workforce.




This information is meant to be a general summary of New Era Employee Welfare 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.

Revenue
$3,208,580 (2022)
Expenses
$3,709,395 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $3,208,580
  • Gross Receipts: $3,208,580

Assets and Liabilities:

  • Total Assets: $10,071
  • Total Liabilities: $776,308
  • Net Assets: -$766,237

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

EMPLOYER CONTRIBUTIONS

Revenue

$2,688,595

PARTICIPANT CONTRIBUTI

Revenue

$519,985

Organization Details

Founding Year

1990

Principal Officer

Bill Chen

Main Address

11720 KATY FREEWAY 1700, HOUSTON, TX, 77079

NTEE Category

Code: R01 - Civil rights

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