Overview
What is Clyde Companies Inc Welfare Benefits Trust?
Clyde Companies Inc Welfare Benefits Trust is a Voluntary Employees Benefit Association (VEBA) trust, established to provide health and welfare benefits for the employees of Clyde Companies Inc and its wholly-owned subsidiaries: W.W. Clyde & Co, Bridgesource, Geneva Rock Products Inc., GWC Capital, LLC, IHC Scott, Inc., Sunroc Corporation, Beehive Insurance Agency, Inc., and Sunpro Corporation. This trust serves the employees of these companies by offering them essential benefits, acting as a safety net for their well-being.
Is Clyde Companies Inc Welfare Benefits Trust legitimate?
Clyde Companies Inc Welfare Benefits Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Clyde Companies Inc Welfare Benefits 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 Clyde Companies Inc Welfare Benefits Trust?
The Clyde Companies Inc Welfare Benefits Trust is a Voluntary Employees Benefit Association (VEBA) established to provide health and welfare benefits for the employees of Clyde Companies Inc and its wholly-owned subsidiaries. The trust serves the workforce of W.W. Clyde & Co, Bridgesource, Geneva Rock Products Inc., GWC Capital, LLC, IHC Scott, Inc., Sunroc Corporation, Beehive Insurance Agency, Inc., and Sunpro Corporation. The mission of this trust is to ensure the well-being of its employees by managing and administering benefit plans and programs. These benefits aim to enhance the overall quality of life and promote the health and prosperity of the employees. The trust also keeps its members informed and educated about their coverage and available resources.
Who is the CEO of Clyde Companies Inc Welfare Benefits Trust?
Jeremy Hafen is the Trustee of Clyde Companies Inc Welfare Benefits Trust.
What is the revenue of Clyde Companies Inc Welfare Benefits Trust?
Clyde Companies Inc Welfare Benefits Trust's revenue in 2022 was $41,209,018.
Who are the executives of Clyde Companies Inc Welfare Benefits Trust and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Clyde Companies Inc Welfare Benefits Trust?
Clyde Companies Inc Welfare Benefits Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Clyde Companies Inc Welfare Benefits Trust
Clyde Companies Inc Welfare Benefits Trust, also known as the VEBA Trust, is a Voluntary Employees Benefit Association established to provide health and welfare benefits for the employees of Clyde Companies, Inc. and its wholly-owned subsidiaries: W.W. Clyde & Co, Bridgsource, Geneva Rock Products Inc., GWC Capital, LLC, IHC Scott, Inc., Sunroc Corporation, Beehive Insurance Agency, Inc., and Sunpro Corporation.
This trust serves as a safety net for the workforce of these companies, ensuring they have access to essential benefits. By pooling resources, the Trust is able to offer comprehensive and cost-effective benefit plans that may not be feasible for individual organizations to provide on their own. The Trust's mission is to enhance the overall well-being of the employees by offering a range of benefit programs.
The benefits provided by Clyde Companies Inc Welfare Benefits Trust extend beyond the typical healthcare coverage. The Trust's offerings encompass various aspects of employees' well-being, including both physical and mental health. The Trust's commitment to the workers' wellbeing not only helps to attract and retain top talent but also contributes to a more productive and engaged workforce. The Trust's dedication to the employees' welfare goes a long way in fostering a strong and cohesive work environment.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Clyde Companies Inc Welfare Benefits Trust plays a significant role in enhancing the well-being of employees across Clyde Companies, Inc. and its subsidiaries, including W.W. Clyde & Co, Bridgesource, Geneva Rock Products Inc., GWC Capital, LLC, IHC Scott, Inc., Sunroc Corporation, Beehive Insurance Agency, Inc., and SunPro Corporation.
By establishing a Voluntary Employees Benefit Association (VEBA) trust, it provides a structured approach to delivering health and welfare benefits. This initiative not only ensures that employees have access to essential healthcare resources, but it also fosters a supportive work environment that recognizes and addresses the diverse needs of its workforce.
The trust’s benefits contribute to employee retention and satisfaction, ultimately leading to greater productivity and morale within the organization. By prioritizing the health and welfare of employees, Clyde Companies Inc Welfare Benefits Trust reinforces its commitment to mutual benefit and enhances the overall organizational culture. Such support can have lasting effects, empowering employees and their families, and providing peace of mind when it comes to health-related expenses.
This information is meant to be a general summary of Clyde Companies Inc Welfare Benefits 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: $41,209,018
- Gross Receipts: $41,209,018
Assets and Liabilities:
- Total Assets: $6,536
- Total Liabilities: $0
- Net Assets: $6,536
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INSURANCE PREMIUMS CHARGED
Revenue
$41,209,018
Organization Details
Founding Year
2018
Phone
(801) 802-6975Principal Officer
Jeremy Hafen
Main Address
730 NORTH 1500 WEST, OREM, UT, 84057
NTEE Category
Code: Y43 - Mutual benefit
If you are a representative of Clyde Companies Inc Welfare Benefits Trust and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.