Overview
What is Montana Food Distributors Assoc?
Montana Food Distributors Assoc is a nonprofit organization based in Helena, Montana. Its primary mission is to support and advance the economic, civil, and social welfare of food distributors within the state. To achieve this, the association offers its members a fully insured healthcare, life, dental, and vision plan at competitive prices. Additionally, a Voluntary Employee Benefits Association (VEBA) trust is being established to provide premium stability and large loss protection for losses exceeding $100,000. This structure protects participating members from significant premium swings and unpredictable costs of employee benefits. The association's purpose is also to promote and protect the grocery industry in Montana, providing members with services that may be difficult, impractical, or economically infeasible to achieve alone. The organization currently employs a modest workforce of three individuals.
Official website here: www.mfda.biz
Is Montana Food Distributors Assoc legitimate?
Montana Food Distributors Assoc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Montana Food Distributors Assoc 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: $50,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $43,070
For more financial information, click here
Official website here: www.mfda.biz
What is the mission statement of Montana Food Distributors Assoc?
Montana Food Distributors Association's mission is centered around promoting the economic, social, and civic well-being of food distributors within the state. Their primary objective is to safeguard and enhance the grocery industry in Montana. The association offers its members services that might be difficult, impractical, or economically unfeasible to achieve individually. One of these services includes a competitively priced fully insured health, life, dental, and vision plan. Furthermore, a Voluntary Employee Benefits Association (VEBA) trust is being established to provide premium stability and large loss protection for losses exceeding $100,000. This structure shields participating members from significant premium fluctuations and unforeseen costs associated with employee benefits.
Official website here: www.mfda.biz
Who is the CEO of Montana Food Distributors Assoc?
Mckee Anderson is the President/Ex Di of Montana Food Distributors Assoc.
Official website here: www.mfda.biz
What is the revenue of Montana Food Distributors Assoc?
Montana Food Distributors Assoc's revenue in 2022 was $115,212.
Official website here: www.mfda.biz
Who are the executives of Montana Food Distributors Assoc and what are their salaries?
The average compensation at Montana Food Distributors Assoc during 2022 was $31,023. There are 3 employees at Montana Food Distributors Assoc.
Here are 9 key members and their salaries:
- Compensation: $50,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.mfda.biz
Where can I find the form 990 for Montana Food Distributors Assoc?
Montana Food Distributors Assoc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mfda.biz
Learn more at the official website: www.mfda.biz
Mission Statement of Montana Food Distributors Assoc
Montana Food Distributors Assoc, as a nonprofit association, is dedicated to enhancing the economic, civil, and social welfare of food distributors within the state. Its primary mission is to promote and safeguard the grocery industry in Montana. The organization strives to offer its members services that might be impractical, economically unfeasible, or impossible to achieve independently. To achieve this, Montana Food Distributors Assoc provides its members with the opportunity to participate in a fully insured health, life, dental, and vision plan at a competitive price. In addition to the fully insured benefits, a Voluntary Employee Benefits Association (VEBA) trust is being established. This trust aims to provide premium stability and large loss protection for losses exceeding $100,000. The VEBA structure shields participating members from significant premium fluctuations and unforeseen costs associated with employee benefits.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Montana Food Distributors Association plays a crucial role in enhancing the economic, civil, and social welfare of food distributors in Montana. By promoting the grocery industry, the association fosters a supportive environment for its members, allowing them to thrive in a competitive marketplace.
One significant impact of the association is its ability to provide members access to a comprehensive health, life, dental, and vision insurance plan at competitive rates. This offering addresses a critical need for businesses, helping them attract and retain quality employees while managing healthcare costs effectively.
Additionally, the establishment of a Voluntary Employee Benefits Association (VEBA) trust brings added security and stability to its members. By protecting against large premium increases and unexpected costs of employee benefits, the VEBA structure ensures that food distributors can focus on their business operations without the burden of financial unpredictability.
Overall, the Montana Food Distributors Association strengthens the grocery industry by providing necessary resources and support, enabling its members to operate more efficiently and effectively within Montana's market.
This information is meant to be a general summary of Montana Food Distributors Assoc. 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: $4,135
- Program Service Revenue: $66,612
- Gross Receipts: $115,212
Assets and Liabilities:
- Total Assets: $2,893,172
- Total Liabilities: $2,029,277
- Net Assets: $863,895
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COMP WATCH INCOME
Revenue
$62,820
COUPON HANDLING INCOME
Revenue
$3,792
WORKPLACE SAFETY PROGRAM
Organization Details
Founding Year
1939
Phone
(406) 449-6394Principal Officer
Mckee Anderson
Main Address
PO BOX 5775, HELENA, MT, 59604
Website
www.mfda.bizNTEE Category
Code: K03 - Food
If you are a representative of Montana Food Distributors Assoc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.