Overview
What is Renesas Electronics America Inc Short Term Disability Benefit Trust?
Renesas Electronics America Inc Short Term Disability Benefit Trust is a nonprofit entity, specifically established to provide short-term disability benefits to its participating members. Based in Milpitas, California, the trust's primary mission revolves around offering financial support during temporary disabilities, providing a safety net for individuals during challenging times. The trust's operations are dedicated to fulfilling this purpose, ensuring that eligible participants receive the necessary assistance during their recovery period.
Is Renesas Electronics America Inc Short Term Disability Benefit Trust legitimate?
Renesas Electronics America Inc Short Term Disability Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Renesas Electronics America Inc Short Term Disability Benefit 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
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What is the mission statement of Renesas Electronics America Inc Short Term Disability Benefit Trust?
The Renesas Electronics America Inc Short Term Disability Benefit Trust is committed to providing short-term disability benefits to its participants. This organization's primary mission is to offer financial support during periods of temporary disability due to illness or injury, helping individuals maintain their financial stability during challenging times. The trust aims to provide a safety net for its participants, ensuring they can focus on their health without the added stress of financial difficulties. The trust's activities are centered around administering and distributing these disability benefits, serving as a crucial resource for those in need.
What is the revenue of Renesas Electronics America Inc Short Term Disability Benefit Trust?
Renesas Electronics America Inc Short Term Disability Benefit Trust's revenue in 2023 was $493,731.
Who are the executives of Renesas Electronics America Inc Short Term Disability Benefit Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Renesas Electronics America Inc Short Term Disability Benefit Trust?
Renesas Electronics America Inc Short Term Disability Benefit Trust's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Renesas Electronics America Inc Short Term Disability Benefit Trust
Renesas Electronics America Inc's Short Term Disability Benefit Trust is committed to providing short-term disability benefits to its participating individuals. This trust serves as a safety net for individuals who may experience temporary incapacity due to illness or injury, offering financial assistance during their recovery period. By providing these benefits, the trust aims to alleviate some of the financial stress that can accompany such circumstances, allowing individuals to focus on their health recovery without the added burden of financial concerns. The mission of Renesas Electronics America Inc Short Term Disability Benefit Trust is to provide a supportive service during difficult times, enabling participants to maintain their financial stability and peace of mind.
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Impact
October, 2024
The Renesas Electronics America Inc Short Term Disability Benefit Trust plays a crucial role in providing short-term disability benefits to participants in need. By offering financial support during periods of temporary disability, the Trust helps individuals maintain their income and manage essential expenses when they are unable to work due to illness or injury. This support alleviates economic stress and contributes to the overall well-being of participants, enhancing their ability to focus on recovery without the added burden of financial insecurity. Additionally, by facilitating a smoother transition back to work, the Trust promotes workforce stability and employee retention, benefitting both individual participants and the organization as a whole. Overall, its impact extends to improving quality of life during challenging times and promoting a supportive workplace environment.
This information is meant to be a general summary of Renesas Electronics America Inc Short Term Disability Benefit 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 2023.
- Investment Income: $93
- Program Service Revenue: $493,638
- Gross Receipts: $493,731
Assets and Liabilities:
- Total Assets: $643,690
- Total Liabilities: $21,229
- Net Assets: $622,461
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PLAN CONTRIBUTIONS
Revenue
$493,638
Organization Details
Founding Year
2004
Principal Officer
Jason Reicks
NTEE Category
Code: Y43 - Mutual benefit
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