South Carolina Trucking Association Inc Group Insurance Trust

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

EIN: 814671151 ✦ Columbia, SC ✦ Designated as a 501(c)(9)

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Overview

What is South Carolina Trucking Association Inc Group Insurance Trust?

The South Carolina Trucking Association Inc Group Insurance Trust is a nonprofit organization situated in Columbia, South Carolina, specifically at 2425 Devine Street, SC 29205. Their primary mission is to offer comprehensive health, dental, vision, and group life insurance benefits to the employees of eligible members within the South Carolina Trucking Association. By issuing fully insured insurance policies, they aim to provide essential welfare benefits to approximately 477 families and individuals associated with the South Carolina Trucking Association's (SCTA) member employers.


Official website here: www.sctrucking.org/insurance

Is South Carolina Trucking Association Inc Group Insurance Trust legitimate?

South Carolina Trucking Association Inc Group Insurance Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. South Carolina Trucking Association Inc Group Insurance 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


Official website here: www.sctrucking.org/insurance

What is the mission statement of South Carolina Trucking Association Inc Group Insurance Trust?

The South Carolina Trucking Association Inc Group Insurance Trust is committed to providing group health insurance and various welfare benefits to the employees of its member employers. This is achieved by issuing one or more fully insured insurance policies. Through these policies, the Trust provides coverage for health, dental, vision, and group life insurance, benefiting approximately 477 families and individuals. The organization's primary goal is to enhance the well-being of the employees associated with the South Carolina Trucking Association's member companies.


Official website here: www.sctrucking.org/insurance

Who is the CEO of South Carolina Trucking Association Inc Group Insurance Trust?

J Richards Todd is the Trustee of South Carolina Trucking Association Inc Group Insurance Trust.


Official website here: www.sctrucking.org/insurance

What is the revenue of South Carolina Trucking Association Inc Group Insurance Trust?

South Carolina Trucking Association Inc Group Insurance Trust's revenue in 2023 was $5,352,016.


Official website here: www.sctrucking.org/insurance

Who are the executives of South Carolina Trucking Association Inc Group Insurance Trust and what are their salaries?


Here are 5 key members and their salaries:


Ronald Cooper (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Garrett (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Randolph (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Smith (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Bogan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.sctrucking.org/insurance

Where can I find the form 990 for South Carolina Trucking Association Inc Group Insurance Trust?

South Carolina Trucking Association Inc Group Insurance Trust's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.sctrucking.org/insurance

Learn more at the official website: www.sctrucking.org/insurance

Mission Statement of South Carolina Trucking Association Inc Group Insurance Trust

The South Carolina Trucking Association Inc Group Insurance Trust is dedicated to providing group health insurance and various welfare benefits to the employees of its member employers. This nonprofit organization achieves this mission by issuing fully insured insurance policies, ensuring that eligible employees of the South Carolina Trucking Association's member companies have access to essential health, dental, vision, and group life insurance benefits. As a result, the Trust serves approximately 477 families and individuals, providing them with valuable coverage and support.

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Impact




October, 2024

The South Carolina Trucking Association Inc Group Insurance Trust significantly impacts the healthcare landscape for employees working within the trucking industry in South Carolina. By offering comprehensive group health insurance and welfare benefits, it improves access to essential medical services for workers and their families.

This initiative specifically caters to the employees of SCTA member employers, ensuring they receive vital health, dental, vision, and group life insurance. As a result, approximately 477 families and individuals benefit from these services, which not only enhances their overall well-being but also contributes to a more stable workforce within the trucking sector.

The trust helps member employers attract and retain talent by providing competitive benefits packages, thereby boosting employee morale and productivity. This, in turn, fosters a healthier working environment, which is essential for a critical industry that underpins the state’s economy. Overall, the South Carolina Trucking Association Inc Group Insurance Trust plays a pivotal role in supporting the health and financial security of those employed in the trucking industry while promoting mutual benefit among its member employers.




This information is meant to be a general summary of South Carolina Trucking Association Inc Group Insurance 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
$5,352,016 (2023)
Expenses
$5,353,880 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $5,352,016
  • Gross Receipts: $5,352,016

Assets and Liabilities:

  • Total Assets: $81,920
  • Total Liabilities: $68,103
  • Net Assets: $13,817

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Programs

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

INSURANCE PREMIUMS

Revenue

$5,334,905

ADMIN FEES

Revenue

$14,840

SPONSOR CONTRIBUTION

Revenue

$2,271

Organization Details

Founding Year

2017

Principal Officer

J Richards Todd

Main Address

2425 DEVINE STREET, COLUMBIA, SC, 29205

NTEE Category

Code: Y34 - Mutual benefit

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