Overview
What is Advanced Micro Devices Inc Long Term Disability Benefit Plan Trust?
The Advanced Micro Devices Inc Long Term Disability Benefit Plan Trust is a trust established to provide short-term and long-term disability benefits to eligible employees of Advanced Micro Devices, Inc. and its affiliated companies. This trust is headquartered in Sunnyvale, California, specifically at PO BOX 3453 BENEFITS M/S. Its primary mission is to offer financial support to employees who encounter temporary or prolonged incapacitation due to illness or injury, ensuring their financial security during recovery periods. This trust, therefore, plays a crucial role in safeguarding the financial well-being of its beneficiaries during challenging times.
Is Advanced Micro Devices Inc Long Term Disability Benefit Plan Trust legitimate?
Advanced Micro Devices Inc Long Term Disability Benefit Plan Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Advanced Micro Devices Inc Long Term Disability Benefit Plan 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: $5,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Advanced Micro Devices Inc Long Term Disability Benefit Plan Trust?
The Advanced Micro Devices Inc. Long Term Disability Benefit Plan Trust is dedicated to providing short-term and long-term disability benefits to eligible employees of Advanced Micro Devices Inc. and its affiliated companies that adopt the trust. This trust serves as a safety net for workers who may face temporary or prolonged incapacity due to illness or injury, offering financial assistance during their recovery period. By providing these benefits, the trust aims to support the well-being and financial stability of its beneficiaries during challenging times.
Who is the CEO of Advanced Micro Devices Inc Long Term Disability Benefit Plan Trust?
Wells Fargo Bank Na is the Trustee of Advanced Micro Devices Inc Long Term Disability Benefit Plan Trust.
What is the revenue of Advanced Micro Devices Inc Long Term Disability Benefit Plan Trust?
Advanced Micro Devices Inc Long Term Disability Benefit Plan Trust's revenue in 2022 was $3,642,767.
Who are the executives of Advanced Micro Devices Inc Long Term Disability Benefit Plan Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $5,000
- Related: $0
- Other: $0
Where can I find the form 990 for Advanced Micro Devices Inc Long Term Disability Benefit Plan Trust?
Advanced Micro Devices Inc Long Term Disability Benefit Plan Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Advanced Micro Devices Inc Long Term Disability Benefit Plan Trust
The Advanced Micro Devices Inc Long Term Disability Benefit Plan Trust is a specialized entity that serves a crucial role for eligible employees of Advanced Micro Devices, Inc. and its affiliated companies. Its primary mission, in simple terms, is to offer both short-term and long-term disability benefits to these employees who may encounter situations leading to temporary or extended inability to work due to illness or injury. This support is instrumental in helping these employees maintain financial stability during difficult times. The Trust operates under the belief that providing such benefits is essential to upholding the well-being and peace of mind of its beneficiaries.
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Impact
October, 2024
The Advanced Micro Devices Inc Long Term Disability Benefit Plan Trust significantly impacts eligible employees by providing essential financial support during periods of disability. This trust ensures that employees of Advanced Micro Devices, Inc. and its affiliated companies have access to short-term and long-term disability benefits, thereby promoting workforce stability and employee well-being.
By offering these benefits, the trust helps to alleviate financial stress for employees who may be unable to work due to medical conditions. This support can enhance employee morale and loyalty, as it demonstrates a commitment to their health and future security. Additionally, such benefits contribute to a more engaged and productive workforce, as employees can focus on recovery without the added burden of financial instability.
Overall, the trust plays a crucial role in fostering a supportive work environment, enhancing the quality of life for employees who face health challenges, and reinforcing the company's reputation as a caring employer.
This information is meant to be a general summary of Advanced Micro Devices Inc Long Term Disability Benefit Plan 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: $157,789
- Program Service Revenue: $3,484,978
- Gross Receipts: $3,653,176
Assets and Liabilities:
- Total Assets: $6,943,326
- Total Liabilities: $4,027,321
- Net Assets: $2,916,005
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYEE CONTRIBUTIONS
Revenue
$3,484,978
Organization Details
Founding Year
1980
Phone
(877) 263-9009Principal Officer
Wells Fargo Bank Na
Main Address
PO BOX 3453 BENEFITS M/S, SUNNYVALE, CA, 940883453
NTEE Category
Code: Y40 - Mutual benefit
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