Overview
What is Tongass Timber Trust?
Tongass Timber Trust, located in Mukilteo, Washington, serves as a holding company for the welfare benefit plan of the timber industry in Alaska. Established with a mission to support the well-being of its members, the trust operates under the State of Alaska and holds a certification of authority as a MEWA (Multiple Employer Welfare Arrangement). With a small workforce of two individuals, Tongass Timber Trust plays a significant role in the timber industry, offering welfare benefits to its members in Alaska.
Is Tongass Timber Trust legitimate?
Tongass Timber Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Tongass Timber 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: $35,634
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,332
For more financial information, click here
What is the mission statement of Tongass Timber Trust?
The Tongass Timber Trust serves as a welfare benefit plan, specifically tailored for members of the timber industry in Alaska. It holds a certification of authority as a Multiple Employer Welfare Arrangement (MEWA) under the state of Alaska. The primary function of this trust is to act as a holding company for the welfare benefits of the Alaska timber industry. The plan aims to provide support and benefits to its members in the timber sector.
Who is the CEO of Tongass Timber Trust?
Owen Graham is the Chairman Of The Board of Tongass Timber Trust.
What is the revenue of Tongass Timber Trust?
Tongass Timber Trust's revenue in 2022 was $5,385,908.
Who are the executives of Tongass Timber Trust and what are their salaries?
The average compensation at Tongass Timber Trust during 2022 was $21,483. There are 2 employees and 4 volunteers at Tongass Timber Trust.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $35,634
- Related: $0
- Other: $0
Where can I find the form 990 for Tongass Timber Trust?
Tongass Timber Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Tongass Timber Trust
Tongass Timber Trust, a welfare benefit plan, serves as a vital resource for members of the timber industry in Alaska. Its mission is to provide a certification of authority as a Multiple Employer Welfare Arrangement (MEWA) under the state of Alaska, specifically for individuals involved in the timber industry within the state. This plan acts as a holding company, offering welfare benefits to its members, thereby contributing to their overall well-being in the timber industry.
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Impact
October, 2024
Tongass Timber Trust significantly impacts the timber industry in Alaska by providing a welfare benefit plan specifically designed for its members. This initiative serves as a crucial safety net for those working in the timber sector, offering essential benefits that support the overall well-being of workers and their families. By holding a certification of authority as a Multiple Employer Welfare Arrangement (MEWA) under the state of Alaska, Tongass Timber Trust ensures that its members have access to necessary health and welfare benefits, which can enhance job satisfaction and retention within the industry. This positive influence not only supports individual workers but also contributes to the stability and sustainability of the timber industry in the region.
This information is meant to be a general summary of Tongass Timber 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.
- Investment Income: $56,261
- Program Service Revenue: $5,329,647
- Gross Receipts: $10,021,047
Assets and Liabilities:
- Total Assets: $5,988,539
- Total Liabilities: $87,299
- Net Assets: $5,901,240
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$5,142,947
EMPLOYEE CONTRIBUTIONS
Revenue
$186,700
Organization Details
Founding Year
1964
Phone
(907) 225-6114Principal Officer
Owen Graham
Main Address
PO BOX 6, MUKILTEO, WA, 98275
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