Overview
What is Ferguson Electric & Ferguson Mech Employees Welfare Benefits Trust?
Ferguson Electric & Ferguson Mech Employees Welfare Benefits Trust is a charitable organization established to support the well-being of employees from Ferguson Electric Company Inc. and Ferguson Mechanical Company Inc. Located in Plainville, Connecticut, this trust provides various benefits, primarily focusing on health insurance, in accordance with Section 501(C)(9) of the Internal Revenue Code. The trust's main objective is to enhance the overall welfare of these employees, offering them a comprehensive package of benefits to improve their quality of life.
Is Ferguson Electric & Ferguson Mech Employees Welfare Benefits Trust legitimate?
Ferguson Electric & Ferguson Mech Employees Welfare Benefits Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Ferguson Electric & Ferguson Mech Employees 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 Ferguson Electric & Ferguson Mech Employees Welfare Benefits Trust?
The Ferguson Electric & Ferguson Mech Employees Welfare Benefits Trust was established with the purpose of providing health insurance and various other benefits, as permitted under Section 501(C)(9) of the Internal Revenue Code, for the employees of Ferguson Electric Company, Incorporated, and Ferguson Mechanical Company. The trust's primary objective is to ensure the well-being of these employees by offering them comprehensive benefits plans. The use of the trust fund is specifically designated for this purpose, aiming to enhance the overall welfare and health coverage of the employees from both companies.
Who is the CEO of Ferguson Electric & Ferguson Mech Employees Welfare Benefits Trust?
Ryan Ferguson is the Trustee of Ferguson Electric & Ferguson Mech Employees Welfare Benefits Trust.
What is the revenue of Ferguson Electric & Ferguson Mech Employees Welfare Benefits Trust?
Ferguson Electric & Ferguson Mech Employees Welfare Benefits Trust's revenue in 2022 was $2,517,530.
Who are the executives of Ferguson Electric & Ferguson Mech Employees Welfare Benefits Trust and what are their salaries?
There 3 volunteers at Ferguson Electric & Ferguson Mech Employees Welfare Benefits Trust.
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Ferguson Electric & Ferguson Mech Employees Welfare Benefits Trust?
Ferguson Electric & Ferguson Mech Employees Welfare Benefits Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ferguson Electric & Ferguson Mech Employees Welfare Benefits Trust
Ferguson Electric & Ferguson Mech Employees Welfare Benefits Trust is a mission-driven entity aimed at providing welfare benefits for the employees of Ferguson Electric Company, Incorporated, and Ferguson Mechanical Company. The trust fund's primary purpose is to offer health insurance and various other benefits, as permitted under Section 501(C)(9) of the Internal Revenue Code, to these employees. This organization serves as a safety net, ensuring the well-being of the workforce by providing them with essential benefits, thereby enhancing their overall quality of life.
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
Ferguson Electric & Ferguson Mech Employees Welfare Benefits Trust plays a crucial role in enhancing the well-being of employees at Ferguson Electric Company and Ferguson Mechanical Company in Plainville, CT. By providing health insurance and various other employee benefits, the Trust ensures that employees have access to essential healthcare resources and support, which can significantly improve their quality of life.
These benefits are particularly vital in helping employees manage medical expenses, access preventive care, and maintain overall health, leading to increased productivity and job satisfaction. Furthermore, the Trust contributes to fostering a culture of mutual benefit within the companies, where employees feel valued and supported, ultimately enhancing employee retention and loyalty. Through its mission, the Trust not only addresses immediate health needs but also promotes long-term financial security for employees and their families, reinforcing the importance of investing in workforce welfare.
This information is meant to be a general summary of Ferguson Electric & Ferguson Mech Employees 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: $2,517,530
- Gross Receipts: $2,517,530
Assets and Liabilities:
- Total Assets: $348,203
- Total Liabilities: $100,000
- Net Assets: $248,203
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.
MEMBERSHIP DUES INCOME
Revenue
$2,517,530
Organization Details
Founding Year
2020
Phone
(860) 517-3284Principal Officer
Ryan Ferguson
Main Address
112 NORTHWEST DRIVE, PLAINVILLE, CT, 06062
NTEE Category
Code: Y43 - Mutual benefit
If you are a representative of Ferguson Electric & Ferguson Mech Employees 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.