Fsa Welfare Plan

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

EIN: 900900781 ✦ Dallas, TX ✦ Designated as a 501(c)(9)

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Overview

What is Fsa Welfare Plan?

Fsa Welfare Plan is a nonprofit organization, primarily established to offer health and welfare benefits. Specifically, it provides sickness, accident, life, disability, and other related benefits to eligible employees and their dependents of the company. This plan aims to safeguard and support the well-being of its covered members during various life events and hardships. Its mission lies in extending these essential benefits, ensuring financial security and peace of mind for its beneficiaries.

Is Fsa Welfare Plan legitimate?

Fsa Welfare Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Fsa Welfare 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: $8,900
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Fsa Welfare Plan?

The FSA Welfare Plan is committed to providing various welfare benefits, including sickness, accident, life, and disability coverage, to the eligible employees of the company and their dependents covered under the plan. This organization's mission is centered around ensuring the well-being and protection of its beneficiaries during challenging situations, such as illnesses, accidents, or unforeseen circumstances. By offering these benefits, the FSA Welfare Plan aims to alleviate financial stress and provide peace of mind to its members during difficult times.

Who is the CEO of Fsa Welfare Plan?

Bank Of America is the Trustee of Fsa Welfare Plan.

What is the revenue of Fsa Welfare Plan?

Fsa Welfare Plan's revenue in 2022 was $9,819,574.

Who are the executives of Fsa Welfare Plan and what are their salaries?


There is 1 key member and their salary:


Bank Of America (Trustee)
  • Compensation: $8,900
  • Related: $0
  • Other: $0
Where can I find the form 990 for Fsa Welfare Plan?

Fsa Welfare Plan's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Fsa Welfare Plan

Fsa Welfare Plan, as the name suggests, is committed to providing a variety of welfare benefits for the employees of the company and their eligible dependents covered under the plan. This nonprofit organization's mission is to ensure the well-being of its beneficiaries in various aspects of life. It offers sickness benefits, providing financial support during periods of illness. Additionally, it offers accident coverage, offering financial aid in case of unfortunate accidents. Life benefits are also provided, ensuring financial security for the beneficiaries' families in the event of the employee's demise. Furthermore, Fsa Welfare Plan extends disability benefits, providing financial support to those unable to work due to temporary or permanent disabilities. Beyond these, the plan offers other welfare benefits to its covered members, ensuring comprehensive care and support for the employees and their dependents.

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Impact




October, 2024

The Fsa Welfare Plan significantly enhances the well-being of employees and their eligible dependents by offering a comprehensive range of benefits, including provisions for sickness, accidents, life insurance, and disability. By ensuring that employees have access to critical welfare benefits, the plan plays a vital role in fostering a healthy and secure work environment.

With these benefits in place, employees are more likely to feel supported and valued, which can lead to increased job satisfaction and productivity. Additionally, the plan helps mitigate financial burdens related to health issues, enabling employees to focus on their recovery and well-being rather than the stress of medical expenses.

By providing these essential services in Dallas, TX, the Fsa Welfare Plan contributes to the overall welfare of the workforce, promoting a culture of mutual benefit that extends beyond individual employees to their families and the broader community, ultimately leading to a more engaged and resilient workforce.




This information is meant to be a general summary of Fsa Welfare 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
$9,819,574 (2022)
Expenses
$9,843,414 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,556
  • Program Service Revenue: $9,817,018
  • Gross Receipts: $9,819,574

Assets and Liabilities:

  • Total Assets: $35,565
  • Total Liabilities: $0
  • Net Assets: $35,565

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$9,755,792

aRETIREE CONTRIBUTIONS

Revenue

$61,226

Organization Details

Principal Officer

Bank Of America

Main Address

PO BOX 653067, DALLAS, TX, 752653067

NTEE Category

Code: Y40 - Mutual benefit

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