Trust For The Sierra-Cedar Companies Llc Welfare Benefit 501 Plan

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

EIN: 810589117 ✦ Alpharetta, GA ✦ Designated as a 501(c)(9)

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Overview

What is Trust For The Sierra-Cedar Companies Llc Welfare Benefit 501 Plan?

Trust for the Sierra-Cedar Companies Llc Welfare Benefit 501 Plan is a self-funded nonprofit organization located at 1255 Alderman Drive, Alpharetta, GA 30005. Their primary mission is to offer healthcare benefits to the employees and their dependents of Sierra-Cedar Companies. This welfare plan provides financial assistance for specified medical expenses, ensuring the well-being of its beneficiaries. The plan operates as a vehicle for the provision of essential health care benefits to its affiliated company's workforce.

Is Trust For The Sierra-Cedar Companies Llc Welfare Benefit 501 Plan legitimate?

Trust For The Sierra-Cedar Companies Llc Welfare Benefit 501 Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Trust For The Sierra-Cedar Companies Llc Welfare Benefit 501 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

What is the mission statement of Trust For The Sierra-Cedar Companies Llc Welfare Benefit 501 Plan?

The Trust For The Sierra-Cedar Companies Llc Welfare Benefit 501 Plan is committed to providing health care benefits for its employees and their dependents. This mission is carried out through a self-funded VEBA, or Voluntary Employer-sponsored Benefit Association, which covers specified medical expenses incurred by eligible participants and their covered dependents. This plan serves to enhance the well-being of its employees by alleviating the financial burden of health care expenses.

Who is the CEO of Trust For The Sierra-Cedar Companies Llc Welfare Benefit 501 Plan?

Brian Fees is the Cfo/Executive Vp of Trust For The Sierra-Cedar Companies Llc Welfare Benefit 501 Plan.

What is the revenue of Trust For The Sierra-Cedar Companies Llc Welfare Benefit 501 Plan?

Trust For The Sierra-Cedar Companies Llc Welfare Benefit 501 Plan's revenue in 2022 was $3,072,542.

Who are the executives of Trust For The Sierra-Cedar Companies Llc Welfare Benefit 501 Plan and what are their salaries?


There is 1 key member and their salary:


Brian Fees (Cfo/Executive Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Trust For The Sierra-Cedar Companies Llc Welfare Benefit 501 Plan?

Trust For The Sierra-Cedar Companies Llc Welfare Benefit 501 Plan's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Trust For The Sierra-Cedar Companies Llc Welfare Benefit 501 Plan

Trust For The Sierra-Cedar Companies Llc Welfare Benefit 501 Plan, as a self-funded VEBA, is committed to providing health care benefits for its company employees and their dependents. The primary mission of this plan is to cover specified medical expenses incurred by eligible participants and their covered dependents. This nonprofit organization aims to enhance the well-being of its employees by ensuring they have access to essential healthcare services during challenging times. By providing these health care benefits, Trust For The Sierra-Cedar Companies Llc Welfare Benefit 501 Plan plays a crucial role in supporting the overall health and wellness of its employees, fostering a sense of security and care within the company.

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Impact




October, 2024

The Trust For The Sierra-Cedar Companies LLC Welfare Benefit 501 Plan significantly impacts employees and their dependents by offering critical health care benefits. This self-funded VEBA (Voluntary Employees' Beneficiary Association) allows for the payment of specified medical expenses incurred by eligible participants and their covered dependents, ensuring that individuals have financial support for healthcare needs.

This program not only enhances employees' overall well-being but also contributes to a more productive workplace by alleviating concerns related to healthcare costs. By prioritizing health care benefits, the plan fosters a sense of security among employees, which can lead to greater job satisfaction and retention. Additionally, providing such benefits can enhance the company's reputation as an employer of choice, attracting new talent who value comprehensive health care options. Overall, the plan plays a vital role in promoting the health and financial stability of employees and their families.




This information is meant to be a general summary of Trust For The Sierra-Cedar Companies Llc Welfare Benefit 501 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
$3,072,542 (2022)
Expenses
$2,906,122 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $2,272,987
  • Gross Receipts: $3,072,542

Assets and Liabilities:

  • Total Assets: $5,080,122
  • Total Liabilities: $278,950
  • Net Assets: $4,801,172

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Programs

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

PARTICIPANT CONTRIBUTI

Revenue

$2,179,735

COBRA

Revenue

$93,252

Organization Details

Founding Year

2000

Principal Officer

Brian Fees

Main Address

1255 ALDERMAN DRIVE, ALPHARETTA, GA, 30005

NTEE Category

Code: Y43 - Mutual benefit

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