Fisher Companies Voluntary Employee Benefit Trust

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

EIN: 814014594 ✦ Mt pleasant, MI ✦ Designated as a 501(c)(9)

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Overview

What is Fisher Companies Voluntary Employee Benefit Trust?

Fisher Companies Voluntary Employee Benefit Trust is a nonprofit organization situated in Mount Pleasant, Michigan. Their primary mission is to offer health and welfare benefits to its participants through a Voluntary Employees Beneficiary Association. Specifically, they provide medical, vision, dental, and prescription drug coverage, as well as life insurance and accidental death and dismemberment benefits. These benefits are accessible to active, full-time employees after completing a specified waiting period.

Is Fisher Companies Voluntary Employee Benefit Trust legitimate?

Fisher Companies Voluntary Employee Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Fisher Companies Voluntary Employee Benefit 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Fisher Companies Voluntary Employee Benefit Trust?

The Fisher Companies Voluntary Employee Benefit Trust is committed to providing health and welfare benefits to its participants within the Voluntary Employees Beneficiary Association. This includes offering medical, vision, dental, and prescription drug coverage, as well as life insurance and accidental death and dismemberment benefits. These benefits are extended to any active, full-time employee following the completion of the waiting period. The primary objective of the trust is to ensure the well-being and protection of its members by providing them with essential benefits.

Who is the CEO of Fisher Companies Voluntary Employee Benefit Trust?

Kyle White is the Trustee of Fisher Companies Voluntary Employee Benefit Trust.

What is the revenue of Fisher Companies Voluntary Employee Benefit Trust?

Fisher Companies Voluntary Employee Benefit Trust's revenue in 2022 was $3,477,334.

Who are the executives of Fisher Companies Voluntary Employee Benefit Trust and what are their salaries?


Here are 3 key members and their salaries:


Kyle White (Trustee)
  • Compensation: $0
  • Related: $425,056
  • Other: $0
Aaron White (Trustee)
  • Compensation: $0
  • Related: $410,238
  • Other: $0
Douglas Moore (Trustee)
  • Compensation: $0
  • Related: $406,644
  • Other: $0
Where can I find the form 990 for Fisher Companies Voluntary Employee Benefit Trust?

Fisher Companies Voluntary Employee Benefit Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Fisher Companies Voluntary Employee Benefit Trust

Fisher Companies Voluntary Employee Benefit Trust, as an organization, is dedicated to providing health and welfare benefits to its participating members in the Voluntary Employees Beneficiary Association. Its mission is to ensure the well-being of its employees by offering a range of benefits, including medical coverage, vision and dental care, prescription drugs, life insurance, and accidental death and dismemberment benefits. This comprehensive plan is designed to support any active, full-time employee once they have completed the required waiting period. By offering these benefits, Fisher Companies Voluntary Employee Benefit Trust demonstrates its commitment to the well-being and security of its employees, providing them with peace of mind and essential healthcare coverage.

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Impact




October, 2024

Fisher Companies Voluntary Employee Benefit Trust significantly enhances the health and welfare of its participants by providing comprehensive benefits that are essential for both individual and family well-being. The plan includes health benefits such as medical, vision, dental, and prescription drugs, which collectively address the diverse healthcare needs of active, full-time employees.

By offering life insurance and accidental death and dismemberment benefits, it provides a safety net for employees and their families, ensuring financial security during unforeseen circumstances. These offerings not only promote physical health but also contribute to overall peace of mind, enabling employees to focus on their work and personal lives without the looming worry of medical expenses or loss of income.

The Trust plays a crucial role in fostering a supportive work environment in Mt. Pleasant, MI, that values the well-being of its workforce, thereby potentially increasing employee satisfaction, retention, and productivity. Moreover, by being part of the Voluntary Employees Beneficiary Association, participants benefit from a mutual aid model that strengthens community ties among members. Overall, the Fisher Companies Voluntary Employee Benefit Trust has a profound impact on promoting health, security, and collective support among employees.




This information is meant to be a general summary of Fisher Companies Voluntary Employee Benefit 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
$3,477,334 (2022)
Expenses
$3,356,053 (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: $3,477,334
  • Gross Receipts: $3,477,334

Assets and Liabilities:

  • Total Assets: $258,496
  • Total Liabilities: $137,215
  • Net Assets: $121,281

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$3,083,931

EMPLOYEE CONTRIBUTIONS

Revenue

$370,582

COBRA CONTRIBUTIONS

Revenue

$22,821

Organization Details

Founding Year

2021

Principal Officer

Kyle White

Main Address

900 S BRADLEY STE B, MT PLEASANT, MI, 48858

NTEE Category

Code: Y43 - Mutual benefit

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