Overview
What is Montana Employee Vacation Savings Plan?
The Montana Employee Vacation Savings Plan is a nonprofit organization, specifically established to facilitate vacation savings accounts for its participants. Located in Spokane, Washington, this organization's primary mission revolves around providing a platform for employees to set aside funds for their vacation needs. The plan aims to support employees in securing time off and enjoyment, thereby enhancing their overall work-life balance.
Is Montana Employee Vacation Savings Plan legitimate?
Montana Employee Vacation Savings Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Montana Employee Vacation Savings 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.
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What is the mission statement of Montana Employee Vacation Savings Plan?
The Montana Employee Vacation Savings Plan is committed to offering vacation saving accounts for its participants. This mission is aimed at assisting individuals in setting aside funds for their vacation needs. By providing these accounts, the plan aims to make vacation planning more financially manageable for its participants. The plan's activities are centered around facilitating vacation savings, offering a tool for employees to save for their well-deserved breaks. The plan does not offer any additional services beyond vacation saving accounts.
Who is the CEO of Montana Employee Vacation Savings Plan?
Richard Morrison is the Trustee of Montana Employee Vacation Savings Plan.
What is the revenue of Montana Employee Vacation Savings Plan?
Montana Employee Vacation Savings Plan's revenue in 2022 was $1,654,633.
Who are the executives of Montana Employee Vacation Savings Plan and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Montana Employee Vacation Savings Plan?
Montana Employee Vacation Savings Plan's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Montana Employee Vacation Savings Plan
Montana Employee Vacation Savings Plan, as its name suggests, is committed to providing vacation saving accounts for its participants. The organization's mission is to facilitate this, enabling individuals to set aside funds for their vacation needs. By offering vacation saving accounts, Montana Employee Vacation Savings Plan aims to help employees plan and budget for their time off, promoting relaxation and rejuvenation. The plan is designed to encourage responsible savings, allowing participants to build a fund specifically for vacation expenses. This can help alleviate financial stress during vacation time and promote a healthier work-life balance.
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Impact
October, 2024
The Montana Employee Vacation Savings Plan significantly impacts participants by facilitating the establishment of vacation saving accounts, which encourages responsible financial planning for leisure time. By providing a structured way for employees to save specifically for vacations, the plan helps mitigate the financial barriers that often prevent individuals from taking time off work. This can lead to improved mental health and work-life balance, as individuals are more likely to utilize their vacation time when they have the financial means to do so.
Additionally, the program promotes a culture of mutual benefit among workers, as employees can plan vacations without the stress of financial strain, ultimately fostering a more satisfied and engaged workforce. This structured savings approach can contribute to higher productivity levels, as well-rested employees return to work rejuvenated and more focused. Overall, the Montana Employee Vacation Savings Plan plays a crucial role in supporting the financial well-being of employees and enhancing their overall quality of life.
This information is meant to be a general summary of Montana Employee Vacation Savings 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $14,198
- Program Service Revenue: $1,605,705
- Gross Receipts: $5,512,690
Assets and Liabilities:
- Total Assets: $1,981,675
- Total Liabilities: $4,238
- Net Assets: $1,977,437
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$1,558,731
FORFEITURES AND DAMAGES
Revenue
$46,974
Organization Details
Founding Year
1968
Phone
(509) 328-0300Principal Officer
Richard Morrison
Main Address
111 W CATALDO AVE STE 220, SPOKANE, WA, 99201
NTEE Category
Code: Y40 - Mutual benefit
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