Voluntary Benefits Plan For Uaw Retired Employees Of Allis-Chalmers Corporation

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

EIN: 943101366 ✦ Richmond hts, OH ✦ Designated as a 501(c)(9)

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Overview

What is Voluntary Benefits Plan For Uaw Retired Employees Of Allis-Chalmers Corporation?

The Voluntary Benefits Plan for UAW Retired Employees of Allis-Chalmers Corporation is a nonprofit organization, whose primary mission is to offer health and death benefits to the retired employees of Allis-Chalmers Corporation. This plan aims to provide essential support and security to these retired individuals, ensuring they have access to necessary health benefits and financial aid in the event of passing away. The plan's activities and mission are focused on serving the retired employees from Allis-Chalmers Corporation, offering them peace of mind and financial security in their post-employment years.

Is Voluntary Benefits Plan For Uaw Retired Employees Of Allis-Chalmers Corporation legitimate?

Voluntary Benefits Plan For Uaw Retired Employees Of Allis-Chalmers Corporation is a legitimate nonprofit organization registered as a 501(c)(9) entity. Voluntary Benefits Plan For Uaw Retired Employees Of Allis-Chalmers Corporation 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: $75,665
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Voluntary Benefits Plan For Uaw Retired Employees Of Allis-Chalmers Corporation?

The Voluntary Benefits Plan for UAW Retired Employees of Allis-Chalmers Corporation is committed to providing health and death benefits to the retired employees of Allis-Chalmers Corporation. Its primary objective is to ensure the well-being and financial security of these retirees by offering essential benefits during their post-employment period. The plan strives to provide a sense of security and peace of mind to its beneficiaries, offering support in times of health crises and at the end of life. By offering these benefits, the plan aims to enhance the quality of life for its retirees, providing them with the necessary assistance during their golden years.

What is the revenue of Voluntary Benefits Plan For Uaw Retired Employees Of Allis-Chalmers Corporation?

Voluntary Benefits Plan For Uaw Retired Employees Of Allis-Chalmers Corporation's revenue in 2023 was $1,334,699.

Who are the executives of Voluntary Benefits Plan For Uaw Retired Employees Of Allis-Chalmers Corporation and what are their salaries?

There 2 volunteers at Voluntary Benefits Plan For Uaw Retired Employees Of Allis-Chalmers Corporation.

Here are 7 key members and their salaries:


Richard L Lichtenstein (Benefits Committee Chair)
  • Compensation: $32,810
  • Related: $0
  • Other: $0
Principal Financial Group (Trustee)
  • Compensation: $17,025
  • Related: $0
  • Other: $0
Gerald L Halliburton (Benefits Committee Member)
  • Compensation: $12,915
  • Related: $0
  • Other: $0
Jeff Kosanke (Benefits Committee Member)
  • Compensation: $12,915
  • Related: $0
  • Other: $0
Max Fazelli (Benefits Committee Member 4/23-12/23)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Szczepaniak (Benefits Committee Member 1/23-4/23)
  • Compensation: $0
  • Related: $0
  • Other: $0
Renee Turner Bailey (Benefits Committee Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Voluntary Benefits Plan For Uaw Retired Employees Of Allis-Chalmers Corporation?

Voluntary Benefits Plan For Uaw Retired Employees Of Allis-Chalmers Corporation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Voluntary Benefits Plan For Uaw Retired Employees Of Allis-Chalmers Corporation

The Voluntary Benefits Plan for UAW Retired Employees of Allis-Chalmers Corporation is committed to a crucial mission. This mission revolves around providing essential health and death benefits to the retired employees of Allis-Chalmers Corporation. This nonprofit organization strives to ensure that these retired workers can live their golden years with peace of mind, knowing they have adequate coverage for their health needs and in the event of their demise. The plan's primary objective is to extend a helping hand to the retired employees of Allis-Chalmers Corporation, offering them a safety net in their post-employment phase. The organization's mission is a testament to its dedication to the welfare and well-being of its beneficiaries.

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Impact




October, 2024

The Voluntary Benefits Plan for UAW Retired Employees of Allis-Chalmers Corporation significantly impacts the lives of retirees by offering essential health and death benefits. By providing these benefits, the plan helps retired employees manage their healthcare costs, ensuring they have access to necessary medical services and support during their retirement years. This financial assistance can alleviate the burden of healthcare expenses, allowing retirees to maintain a sense of security and stability.

Additionally, the plan's focus on death benefits offers peace of mind to both retirees and their families. Knowing that their loved ones will receive assistance in the event of their passing can provide a sense of relief during an emotionally challenging time. Overall, the Voluntary Benefits Plan enhances the quality of life for retired employees, supporting their well-being and ensuring they are not left vulnerable to unforeseen medical costs or financial hardships.




This information is meant to be a general summary of Voluntary Benefits Plan For Uaw Retired Employees Of Allis-Chalmers Corporation. 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
$1,334,699 (2023)
Expenses
$2,412,499 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,265,766
  • Program Service Revenue: $84,726
  • Gross Receipts: $8,019,168

Assets and Liabilities:

  • Total Assets: $32,662,462
  • Total Liabilities: $19,885
  • Net Assets: $32,642,577

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Programs

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

CMS SUBSIDY

Revenue

$69,978

CONTRIBUTION

Revenue

$14,748

Organization Details

Founding Year

1988

Principal Officer

Richard L Lichtenstein

NTEE Category

Code: Y40 - Mutual benefit

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