Applied Materials Short-Term Disability Benefit Plan

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

EIN: 770529495 ✦ Santa clara, CA ✦ Designated as a 501(c)(9)

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Overview

What is Applied Materials Short-Term Disability Benefit Plan?

The Applied Materials Short-Term Disability Benefit Plan is a program designed to provide financial assistance to eligible employees who encounter temporary incapacitation, preventing them from performing their essential job functions. This plan serves as a partial wage replacement, offering financial support during this challenging period. The plan is managed and overseen by Applied Materials, with operations located at PO BOX 58039, Santa Clara, CA, 95050.


Official website here: www.appliedmaterials.com

Is Applied Materials Short-Term Disability Benefit Plan legitimate?

Applied Materials Short-Term Disability Benefit Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Applied Materials Short-Term Disability 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:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.appliedmaterials.com

What is the mission statement of Applied Materials Short-Term Disability Benefit Plan?

The Applied Materials Short-Term Disability Benefit Plan's mission is centered around providing support to eligible employees during temporary periods of inability to perform their essential job functions. In such situations, the plan offers a partial wage replacement, serving as a financial lifeline during this challenging time. The primary objective of this plan is to manage and distribute these short-term disability benefits effectively.


Official website here: www.appliedmaterials.com

Who is the CEO of Applied Materials Short-Term Disability Benefit Plan?

Cynthia Radovich is the Trustee of Applied Materials Short-Term Disability Benefit Plan.


Official website here: www.appliedmaterials.com

What is the revenue of Applied Materials Short-Term Disability Benefit Plan?

Applied Materials Short-Term Disability Benefit Plan's revenue in 2022 was $1,698,089.


Official website here: www.appliedmaterials.com

Who are the executives of Applied Materials Short-Term Disability Benefit Plan and what are their salaries?


There is 1 key member and their salary:


Applied Materials Inc (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.appliedmaterials.com

Where can I find the form 990 for Applied Materials Short-Term Disability Benefit Plan?

Applied Materials Short-Term Disability Benefit Plan's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.appliedmaterials.com

Learn more at the official website: www.appliedmaterials.com

Mission Statement of Applied Materials Short-Term Disability Benefit Plan

Applied Materials Short-Term Disability Benefit Plan is dedicated to managing and providing short-term disability benefits to eligible employees. Should an employee temporarily be unable to perform their essential job functions due to an illness or injury, this plan offers a partial wage replacement as a form of financial support. The mission of Applied Materials Short-Term Disability Benefit Plan is to provide a safety net for its participants, ensuring they can maintain a certain level of financial stability during their recovery period. By doing so, the plan aims to alleviate some of the stress and hardship associated with a temporary disability, enabling the employee to focus on their recovery without undue financial concerns.

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Impact




October, 2024

The Applied Materials Short-Term Disability Benefit Plan provides significant support for employees facing temporary disabilities that prevent them from performing their essential job functions. By offering a partial wage replacement, the plan alleviates some of the financial burdens that may arise during a period of inability to work. This assistance not only enhances employee welfare but also promotes job security and morale among the workforce.

With the management and payout of these benefits, eligible employees gain access to crucial resources that help them navigate their recovery without the added stress of financial instability. Ultimately, the plan fosters a supportive environment, enabling employees to focus on their health and return to work when they are able, which benefits both the individual and the organization as a whole.




This information is meant to be a general summary of Applied Materials Short-Term Disability 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.

Revenue
$1,698,089 (2022)
Expenses
$2,056,214 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $13,272
  • Program Service Revenue: $1,684,817
  • Gross Receipts: $1,698,089

Assets and Liabilities:

  • Total Assets: $1,040,455
  • Total Liabilities: $628,008
  • Net Assets: $412,447

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Programs

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

PARTICIPANTS CONTR.

Revenue

$1,684,817

Organization Details

Founding Year

2001

Principal Officer

Cynthia Radovich

Main Address

PO BOX 58039, SANTA CLARA, CA, 95050

NTEE Category

Code: Y43 - Mutual benefit

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