Overview
What is Kinder Morgan Employees' Benefit Trust?
The Kinder Morgan Employees' Benefit Trust functions as a fraternal beneficiary society and voluntary employees association. Last year, they reported generating $19.9 million in revenues. Their primary mission is to extend health and other benefits to specific employees and retirees of Kinder Morgan, Inc.
Is Kinder Morgan Employees' Benefit Trust legitimate?
Kinder Morgan Employees' Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Kinder Morgan Employees' 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 Kinder Morgan Employees' Benefit Trust?
The Kinder Morgan Employees' Benefit Trust functions as a fraternal beneficiary society and voluntary employees association, focusing on providing health and other essential benefits for select employees and retirees of Kinder Morgan, Inc. Through this mission, the trust aims to ensure the well-being and support of those associated with the company. It reportedly generated a total revenue of $19,885,527 last year.
Who is the CEO of Kinder Morgan Employees' Benefit Trust?
Same As C Above is the Principal Officer of Kinder Morgan Employees' Benefit Trust.
What is the revenue of Kinder Morgan Employees' Benefit Trust?
Kinder Morgan Employees' Benefit Trust's revenue in 2022 was $24,511,769.
Who are the executives of Kinder Morgan Employees' 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 Kinder Morgan Employees' Benefit Trust?
Kinder Morgan Employees' Benefit Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Kinder Morgan Employees' Benefit Trust
Kinder Morgan Employees' Benefit Trust, a fraternal beneficiary society and voluntary employees association, dedicates itself to providing health and other essential benefits for certain employees and retirees of Kinder Morgan, Inc. In simple terms, this nonprofit organization serves the wellbeing of a select group of individuals by offering a range of beneficial services.
The Kinder Morgan Employees' Benefit Trust generates an impressive annual revenue of $19,885,527, allowing it to effectively fulfill its mission. By operating as a trusted and vital resource, the Trust ensures that eligible employees and retirees of Kinder Morgan, Inc. have access to essential benefits when they need them most. The organization's unwavering commitment to the wellbeing of its members is a testament to its importance within the Kinder Morgan community.
In practice, the Kinder Morgan Employees' Benefit Trust functions as a safety net for those who are part of the Kinder Morgan family. By offering health benefits, the Trust helps its members maintain their physical and emotional wellbeing, ensuring they can focus on their personal and professional growth. The organization's mission goes beyond just health coverage, as it also strives to provide a sense of security and peace of mind to its members. It serves as a reminder that even in the bustling corporate world of Kinder Morgan, there is a caring and compassionate entity that puts the needs of its employees first.
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Impact
October, 2024
The Kinder Morgan Employees' Benefit Trust plays a crucial role in enhancing the quality of life for employees and retirees of Kinder Morgan, Inc. By providing health and other benefits, it ensures that individuals who have contributed to the company's success are supported, especially during critical times in their lives. This trust operates as a fraternal beneficiary society, promoting mutual aid and support among its members.
With total revenues of nearly $19.9 million last year, the Kinder Morgan Employees' Benefit Trust has the financial resources to deliver meaningful services and benefits, creating a safety net for its members. This not only fosters a sense of community among employees but also enhances loyalty and retention, ultimately contributing to the overall stability and productivity of Kinder Morgan, Inc.
By focusing on the well-being of its employees and retirees, the trust strengthens the workforce and assists in attracting new talent, thereby supporting the long-term success of the organization.
This information is meant to be a general summary of Kinder Morgan Employees' 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 2022.
- Investment Income: $14,067,233
- Program Service Revenue: $10,439,438
- Gross Receipts: $29,221,644
Assets and Liabilities:
- Total Assets: $258,635,014
- Total Liabilities: $109,364
- Net Assets: $258,525,650
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$8,727,211
RETIREE CONTRIBUTIONS
Revenue
$1,712,227
Organization Details
Founding Year
1992
Phone
(713) 420-2076Principal Officer
Same As C Above
Main Address
1001 LOUISIANA STREET SUITE 1000, HOUSTON, TX, 77002
NTEE Category
Code: Y40 - Mutual benefit
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