Overview
What is Direct Advisors Supplemental Unemployment Benefit Master Trust?
Direct Advisors Supplemental Unemployment Benefit Master Trust is a nonprofit organization situated in Albany, New York, primarily focusing on offering supplemental unemployment benefits to employees of sponsoring employers. By implementing a supplemental unemployment benefit plan, this trust aims to provide additional financial support during periods of job loss. The Trust's mission is centered around enhancing employee welfare by offering employee benefits through its supplemental unemployment plan for participating employers.
Is Direct Advisors Supplemental Unemployment Benefit Master Trust legitimate?
Direct Advisors Supplemental Unemployment Benefit Master Trust is a legitimate nonprofit organization registered as a 501(c)(17) entity. Direct Advisors Supplemental Unemployment Benefit Master 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
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What is the mission statement of Direct Advisors Supplemental Unemployment Benefit Master Trust?
The Direct Advisors Supplemental Unemployment Benefit Master Trust is committed to providing supplemental unemployment benefits to the workers of participating employers. This trust operates by offering a supplemental unemployment benefit plan to its employer partners. Its primary mission is to provide financial assistance during periods of unemployment, thereby supplementing the regular unemployment benefits that employees may receive. By offering this service, the trust aims to provide an additional layer of financial support to workers during challenging times. The trust's activities are centered around administering and managing the supplemental unemployment benefit plan for its employer partners and their employees.
Who is the CEO of Direct Advisors Supplemental Unemployment Benefit Master Trust?
Kristina Vaselewski is the Trustee of Direct Advisors Supplemental Unemployment Benefit Master Trust.
What is the revenue of Direct Advisors Supplemental Unemployment Benefit Master Trust?
Direct Advisors Supplemental Unemployment Benefit Master Trust's revenue in 2022 was $14,988.
Who are the executives of Direct Advisors Supplemental Unemployment Benefit Master Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $1,548
Where can I find the form 990 for Direct Advisors Supplemental Unemployment Benefit Master Trust?
Direct Advisors Supplemental Unemployment Benefit Master Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Direct Advisors Supplemental Unemployment Benefit Master Trust
Direct Advisors Supplemental Unemployment Benefit Master Trust, as the name suggests, is committed to providing employee benefits. More specifically, this organization offers a Supplemental Unemployment Benefit Plan to sponsoring employers. The primary mission of Direct Advisors Supplemental Unemployment Benefit Master Trust is to extend supplemental unemployment benefits to the workers of these employers during periods of unemployment. This initiative serves as a safety net for employees, providing additional financial support during challenging times. By offering such benefits, Direct Advisors Supplemental Unemployment Benefit Master Trust contributes to the overall well-being and stability of the workforce, ensuring that employees can maintain their livelihoods even in the face of job loss.
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Impact
October, 2024
Direct Advisors Supplemental Unemployment Benefit Master Trust plays a significant role in enhancing the financial security of workers facing unemployment. By offering supplemental unemployment benefits to employees of participating employers, it helps bridge the gap between traditional unemployment benefits and the costs of living during periods of job loss.
This support can greatly relieve financial stress for workers, allowing them to maintain a sense of stability while they seek new employment opportunities. The program is especially beneficial in industries prone to fluctuations in employment, ensuring that workers have access to additional resources when they need it most.
Moreover, the trust's operation in Albany, NY, underscores its commitment to supporting local economies by providing financial assistance to individuals during challenging times. This, in turn, fosters a more resilient workforce and contributes to the overall economic health of the region. By facilitating access to these supplemental benefits, Direct Advisors helps empower workers, enabling them to navigate unemployment with greater confidence and security.
This information is meant to be a general summary of Direct Advisors Supplemental Unemployment Benefit Master 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $14,988
- Gross Receipts: $14,988
Assets and Liabilities:
- Total Assets: $45
- Total Liabilities: $45
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BENEFIT PLAN CONTRIBUT
Revenue
$14,988
Organization Details
Founding Year
2016
Phone
(518) 362-2119Principal Officer
Kristina Vaselewski
Main Address
421 LOUDON ROAD, ALBANY, NY, 12211
NTEE Category
Code: Y24 - Mutual benefit
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