Teva Pharmaceuticals Usa Inc Sub Plan

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

EIN: 824448694 ✦ Parsippany, NJ ✦ Designated as a 501(c)(17)

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Overview

What is Teva Pharmaceuticals Usa Inc Sub Plan?

Teva Pharmaceuticals U.S.A. Inc. Sub Plan is a trust that offers supplemental benefits to employees who have been involuntarily terminated from their roles. Based in Parsippany, New Jersey, this entity is dedicated to providing additional financial support during challenging employment transitions. The specifics of the benefits and eligibility criteria are not detailed in the information provided.

Is Teva Pharmaceuticals Usa Inc Sub Plan legitimate?

Teva Pharmaceuticals Usa Inc Sub Plan is a legitimate nonprofit organization registered as a 501(c)(17) entity. Teva Pharmaceuticals Usa Inc Sub 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 Teva Pharmaceuticals Usa Inc Sub Plan?

The Teva Pharmaceuticals USA Inc Sub Plan, as a trust, provides supplemental benefits to employees who have been involuntarily terminated from their positions. This support aims to alleviate some of the financial burdens that may arise during this transition period. The trust serves as a safety net, ensuring that these individuals do not face undue hardship due to their unexpected job loss. The focus is on providing supplemental benefits, which can help bridge the gap until alternative employment or financial stability is established.

Who is the CEO of Teva Pharmaceuticals Usa Inc Sub Plan?

Eduardo Nasi Cheide Da Graca is the Principal Officer of Teva Pharmaceuticals Usa Inc Sub Plan.

What is the revenue of Teva Pharmaceuticals Usa Inc Sub Plan?

Teva Pharmaceuticals Usa Inc Sub Plan's revenue in 2022 was $4,787,474.

Who are the executives of Teva Pharmaceuticals Usa Inc Sub Plan and what are their salaries?


There is 1 key member and their salary:


Bryan Wynder (Trustee (Bank Of America))
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Teva Pharmaceuticals Usa Inc Sub Plan?

Teva Pharmaceuticals Usa Inc Sub Plan's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Teva Pharmaceuticals Usa Inc Sub Plan

Teva Pharmaceuticals USA Inc's Sub Plan, referred to as the NBS Trust, is an initiative designed to extend supplemental benefits to employees who have been involuntarily terminated from their positions. The primary mission of this trust is to provide a financial safety net for these individuals, ensuring they receive additional support during a challenging period of transition. By doing so, the NBS Trust aims to alleviate some of the financial burden associated with involuntary termination, thereby offering a degree of stability and assistance to those affected.

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Impact




October, 2024

Teva Pharmaceuticals USA Inc Sub Plan provides essential supplemental benefits to employees who have been involuntarily terminated. This support helps bridge the financial gap during a challenging transition period, offering a safety net for affected individuals. By providing these benefits, the plan aims to alleviate some of the economic hardships that can result from sudden job loss. Located in Parsippany, NJ, the organization's mission centers on mutual benefit, ensuring that those who have experienced involuntary termination receive aid and assistance during a difficult time. This initiative reflects a commitment to the well-being of former employees, enhancing their resilience and ability to navigate the job market effectively.




This information is meant to be a general summary of Teva Pharmaceuticals Usa Inc Sub 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
$4,787,474 (2022)
Expenses
$4,785,647 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $327
  • Program Service Revenue: $4,787,147
  • Gross Receipts: $4,787,474

Assets and Liabilities:

  • Total Assets: $6,051
  • Total Liabilities: $0
  • Net Assets: $6,051

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Programs

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

ER Contributions

Revenue

$4,787,147

Organization Details

Founding Year

2018

Principal Officer

Eduardo Nasi Cheide Da Graca

Main Address

400 INTERPACE PARKWAY, PARSIPPANY, NJ, 070540090

NTEE Category

Code: Y24 - Mutual benefit

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