Neubridg Inc Supplemental Unemployment Compensation Benefit Plan & Trust

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

EIN: 806232151 ✦ Norwalk, IA ✦ Designated as a 501(c)(17)

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Overview

What is Neubridg Inc Supplemental Unemployment Compensation Benefit Plan & Trust?

Neubridg Inc's Supplemental Unemployment Compensation Benefit Plan & Trust is a nonprofit organization set up to help its members during periods of unemployment. Based in Watertown, the trust allows participants to make contributions and offers additional financial assistance. The primary mission of this plan is to provide supplemental benefits, ensuring financial security for those who may be without employment.

Is Neubridg Inc Supplemental Unemployment Compensation Benefit Plan & Trust legitimate?

Neubridg Inc Supplemental Unemployment Compensation Benefit Plan & Trust is a legitimate nonprofit organization registered as a 501(c)(17) entity. Neubridg Inc Supplemental Unemployment Compensation 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: $9,396
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Neubridg Inc Supplemental Unemployment Compensation Benefit Plan & Trust?

Neubridg Inc's Supplemental Unemployment Compensation Benefit Plan and Trust have been established to offer extra support for participants experiencing unemployment. The primary objective of the plan and trust is to provide supplemental benefits during these challenging periods. Through the programs, both participant contributions and benefits are distributed to members in need. The mission of Neubridg's Supplemental Unemployment benefits is to help alleviate some of the financial burdens that come with unemployment, ensuring a sense of security and stability for those who are facing job loss.

Who is the CEO of Neubridg Inc Supplemental Unemployment Compensation Benefit Plan & Trust?

City State Bank is the Principal Officer of Neubridg Inc Supplemental Unemployment Compensation Benefit Plan & Trust.

What is the revenue of Neubridg Inc Supplemental Unemployment Compensation Benefit Plan & Trust?

Neubridg Inc Supplemental Unemployment Compensation Benefit Plan & Trust's revenue in 2022 was $14,793,275.

Who are the executives of Neubridg Inc Supplemental Unemployment Compensation Benefit Plan & Trust and what are their salaries?


Here are 2 key members and their salaries:


City State Bank (Trustee)
  • Compensation: $1,804
  • Related: $0
  • Other: $0
Brian Tancos (Preisident)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Neubridg Inc Supplemental Unemployment Compensation Benefit Plan & Trust?

Neubridg Inc Supplemental Unemployment Compensation Benefit Plan & Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Neubridg Inc Supplemental Unemployment Compensation Benefit Plan & Trust

Neubridg Inc's Supplemental Unemployment Compensation Benefit Plan and Trust is a mission-driven organization that aims to support its participants during periods of unemployment. Established with the goal of providing supplemental benefits, this plan and trust offers financial assistance to its members in times of need.

At its core, Neubridg Inc's Supplemental Unemployment provides an essential safety net for those experiencing unemployment. The organization's programs focus on participant contributions and the distribution of benefits. By doing so, it aims to help individuals bridge the gap during their job search and provide much-needed financial stability.

The Neubridg Inc Supplemental Unemployment Compensation Benefit Plan and Trust is more than just a financial resource. It is a beacon of hope and security for its members, offering a sense of stability during uncertain times. The organization's commitment to providing supplemental benefits empowers its participants to maintain their well-being while seeking new employment opportunities.

In summary, Neubridg Inc's Supplemental Unemployment Compensation Benefit Plan and Trust is a vital resource for individuals facing unemployment. By offering supplemental benefits, it provides a crucial lifeline during times of financial hardship, enabling its members to focus on their job search and ultimately, rebuild their lives.

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Impact




October, 2024

Neubridg Inc Supplemental Unemployment Compensation Benefit Plan & Trust plays a crucial role in supporting individuals during periods of unemployment by offering supplemental financial benefits. The plan ensures that participants receive additional resources beyond standard unemployment benefits, helping them to sustain their financial well-being while they seek new employment opportunities.

This trust operates by facilitating participant contributions, which are then pooled to provide benefits to members when needed. By offering a safety net, the plan helps to reduce the financial strain that occurs during unemployment, allowing individuals to maintain a more stable livelihood.

Located in Norwalk, IA, Neubridg Inc's focus on mutual benefit underscores its commitment to serving the needs of its members by fostering a sense of community support. The supplemental benefits can be vital in covering essentials such as housing costs and daily expenses, enabling individuals to navigate unemployment with greater resilience. Overall, the plan significantly impacts its participants, promoting economic stability during challenging times.




This information is meant to be a general summary of Neubridg Inc Supplemental Unemployment Compensation 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.

Revenue
$14,793,275 (2022)
Expenses
$14,150,700 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $55,115
  • Program Service Revenue: $14,738,160
  • Gross Receipts: $14,793,275

Assets and Liabilities:

  • Total Assets: $5,016,657
  • Total Liabilities: $0
  • Net Assets: $5,016,657

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Programs

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

PARTICIPANT CONTRIBUTIONS

Revenue

$14,738,160

Organization Details

Founding Year

2012

Principal Officer

City State Bank

Main Address

1225 COLONIAL PARKWAY, NORWALK, IA, 50211

NTEE Category

Code: Y24 - Mutual benefit

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