Bread Financial Payments Inc Employee Benefits Trust

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

EIN: 911815338 ✦ Columbus, OH ✦ Designated as a 501(c)(9)

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Overview

What is Bread Financial Payments Inc Employee Benefits Trust?

Bread Financial Payments Inc Employee Benefits Trust is a Columbus, Ohio-based nonprofit organization that focuses on delivering health and welfare benefits to its members. The trust offers a range of plans under the sponsorship of its employer, which include medical, disability, and severance benefits. Their commitment to quality services ensures that they cater to the needs of their members effectively.

Is Bread Financial Payments Inc Employee Benefits Trust legitimate?

Bread Financial Payments Inc Employee Benefits Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Bread Financial Payments Inc Employee 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 Bread Financial Payments Inc Employee Benefits Trust?

The Bread Financial Payments Inc Employee Benefits Trust is dedicated to extending health and welfare benefits to its members. Through the plans sponsored by the employer, this trust ensures the provision of medical, disability, and severance coverage to those it serves. The organization's primary goal is to enhance the overall well-being of its members by delivering these essential benefits. The trust is committed to offering quality services to its membership base, striving to meet the diverse needs of its constituents. By focusing on medical, disability, and severance benefits, it aims to provide a safety net for its members, offering peace of mind and financial security.

Who is the CEO of Bread Financial Payments Inc Employee Benefits Trust?

Adam Fuller is the Trustee of Bread Financial Payments Inc Employee Benefits Trust.

What is the revenue of Bread Financial Payments Inc Employee Benefits Trust?

Bread Financial Payments Inc Employee Benefits Trust's revenue in 2022 was $67,020,338.

Who are the executives of Bread Financial Payments Inc Employee Benefits Trust and what are their salaries?


There is 1 key member and their salary:


Regions Bank (Trustee)
  • Compensation: $17,500
  • Related: $0
  • Other: $0
Where can I find the form 990 for Bread Financial Payments Inc Employee Benefits Trust?

Bread Financial Payments Inc Employee Benefits Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Bread Financial Payments Inc Employee Benefits Trust

Bread Financial Payments Inc Employee Benefits Trust, also known as Ads Alliance Data Systems Employee, is a dedicated entity that focuses on delivering health and welfare benefits to its members. In simpler terms, this trust is designed to support its members with various forms of benefits, including medical, disability, and severance, as part of the employer-sponsored plans.

The mission of Bread Financial Payments Inc Employee Benefits Trust is to ensure the well-being of its members by providing them with essential benefits under the auspices of their employer. By offering medical coverage, disability assistance, and severance packages, the trust aims to provide financial security and peace of mind to those it serves. With its unwavering commitment to quality and reliability, Bread Financial Payments Inc Employee Benefits Trust is a vital resource for individuals seeking comprehensive benefits solutions.

In essence, Bread Financial Payments Inc Employee Benefits Trust acts as a safety net for its members, offering them protection and support during times of need. Through its provision of medical benefits, the trust ensures that its members have access to necessary healthcare services, enabling them to maintain their health and wellbeing. Its disability coverage provides financial assistance to those unable to work due to injury or illness, while severance benefits offer a financial cushion during periods of unemployment. By combining these various benefits into one comprehensive package, Bread Financial Payments Inc Employee Benefits Trust empowers its members to face life's challenges with confidence and security.

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Impact




October, 2024

Bread Financial Payments Inc Employee Benefits Trust plays a crucial role in enhancing the welfare of its members by providing comprehensive health and welfare benefits. This includes essential services such as medical coverage, disability support, and severance packages aligned with the plans of the employer-sponsor. By ensuring access to these vital benefits, the Trust helps improve the overall quality of life for its members, enabling them to focus on their health and well-being without undue financial stress. Located in Columbus, OH, Bread Financial is dedicated to fostering a supportive environment that prioritizes the well-being of its workforce, ultimately contributing to a more resilient and motivated employee base.




This information is meant to be a general summary of Bread Financial Payments Inc Employee 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.

Revenue
$67,020,338 (2022)
Expenses
$73,023,419 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $15,851
  • Program Service Revenue: $67,004,487
  • Gross Receipts: $67,020,338

Assets and Liabilities:

  • Total Assets: $10,265,111
  • Total Liabilities: $7,435,890
  • Net Assets: $2,829,221

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$54,396,936

PARTICIPANT CONTRIBUTIONS

Revenue

$12,607,551

Organization Details

Founding Year

1996

Principal Officer

Adam Fuller

Main Address

3075 LOYALTY CIRCLE, COLUMBUS, OH, 43219

NTEE Category

Code: Y40 - Mutual benefit

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