Overview
What is American General Corporation Employee Benefits Trust?
American General Corporation Employee Benefits Trust is a nonprofit organization situated in Jersey City, New Jersey. Their primary mission is to offer long-term disability benefits to employees of the American General Corporation. This nonprofit is committed to providing financial assistance during periods of extended absence due to illness or injury, thus alleviating some of the financial burdens that employees may face during such difficult times.
Is American General Corporation Employee Benefits Trust legitimate?
American General Corporation Employee Benefits Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. American General Corporation Employee Benefits 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
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What is the mission statement of American General Corporation Employee Benefits Trust?
The American General Corporation Employee Benefits Trust is dedicated to providing long-term disability benefits to its associated employees. Their primary objective is to offer financial support to employees who become incapacitated due to a prolonged illness or injury, enabling them to maintain a stable financial position during their recovery period. The trust aims to provide a safety net for these individuals, ensuring they can focus on their health without worrying about their livelihood. The benefits offered by the trust serve as a crucial component of the overall employment package, demonstrating the corporation's commitment to the well-being of its employees.
Who is the CEO of American General Corporation Employee Benefits Trust?
Wendy Schick Dougall is the Trustee of American General Corporation Employee Benefits Trust.
What is the revenue of American General Corporation Employee Benefits Trust?
American General Corporation Employee Benefits Trust's revenue in 2022 was $21,962.
Who are the executives of American General Corporation Employee Benefits Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $2,544
- Related: $0
- Other: $0
Where can I find the form 990 for American General Corporation Employee Benefits Trust?
American General Corporation Employee Benefits Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of American General Corporation Employee Benefits Trust
The American General Corporation Employee Benefits Trust is committed to providing long-term disability benefits to the employees of the American General Corporation. This mission is carried out with the goal of offering financial support to employees who may face extended periods of incapacity due to illness or injury. By providing these benefits, the Trust aims to alleviate some of the financial stress that can arise during such challenging times, enabling employees to focus on their recovery and well-being. The Trust's role in this regard is crucial, as it helps to ensure that the employees of the American General Corporation have a safety net in place, providing them with a sense of security and peace of mind.
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Impact
October, 2024
The American General Corporation Employee Benefits Trust plays a vital role in supporting the workforce of the American General Corporation by providing long-term disability benefits. This initiative ensures that employees who experience disabling conditions receive the financial assistance they need to maintain their quality of life during challenging times. By offering this safety net, the Trust contributes to employee well-being and promotes a sense of security within the workplace.
The impact is particularly significant in Jersey, NJ, where the Trust operates, as it addresses critical needs for workers and their families. Employees can focus on recovery without the added stress of financial instability, fostering a healthier and more productive workforce. The mission to provide these benefits reflects a commitment to mutual support and reinforces the importance of employee care in corporate culture. Overall, the Trust enhances both individual and organizational resilience, creating a more supportive environment for all employees.
This information is meant to be a general summary of American General Corporation Employee Benefits 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.
- Investment Income: $13,658
- Program Service Revenue: $8,304
- Gross Receipts: $21,962
Assets and Liabilities:
- Total Assets: $912,868
- Total Liabilities: $16,381
- Net Assets: $896,487
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REVERSAL OF 2021 ACCRU
Revenue
$8,304
Organization Details
Founding Year
1994
Phone
(212) 770-7000Principal Officer
Wendy Schick Dougall
Main Address
30 HUDSON STREET 19TH FLOOR, JERSEY, NJ, 07302
NTEE Category
Code: Y40 - Mutual benefit
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