Honeywell UAW Master Supplemental Unemployment Benefit Trust Unemployment Benefit Trust

Organization Overview

Honeywell UAW Master Supplemental Unemployment Benefit Trust Unemployment Benefit Trust is located in Morris Plains, NJ. Honeywell UAW Master Supplemental Unemployment Benefit Trust Unemployment Benefit Trust is a 501(c)(17) and as such, is described as a "Supplemental Unemployment Benefit Trust" by the IRS.

For the year ending 12/2017, Honeywell UAW Master Supplemental Unemployment Benefit Trust Unemployment Benefit Trust generated $793.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (73.0%) each year. All expenses for the organization totaled $14.1k during the year ending 12/2017. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2017

Describe the Organization's Mission:

Part 3 - Line 1

THE TRUST WAS A FUNDING VEHICLE FOR THE PLAN SPONSOR'S PAYMENT OF SUPPLEMENTAL UNEMPLOYMENT BENEFITS FOR PARTICIPANTS. IN 2017, ALL REMAINING ASSETS OF THE TRUST WERE FULLY LIQUIDATED AND REIMBURSED TO HONEYWELL INTERNATIONAL INC., THE PLAN ADMINISTRATOR. THERE ARE NO REMAINING OBLIGATIONS FOR TRUST BENEFITS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE PLAN IS A WELFARE PLAN DESIGNED TO PROVIDE ADDITIONAL FINANCIAL SECURITY TO ELIGIBLE HOURLY PARTICIPANTS DURING PERIODS OF QUALIFYING LAYOFFS, AS DEFINED IN THE PLAN DOCUMENT. GENERALLY, A QUALIFYING LAYOFF INCLUDES ANY LAYOFF RESULTING FROM A REDUCTION IN FORCE OR TEMPORARY LAYOFF, INCLUDING A LAYOFF RESULTING FROM THE DISCONTINUANCE OF A PLANT OR AN OPERATION. IN 2017, ALL REMAINING ASSETS OF THE TRUST WERE FULLY LIQUIDATED AND REIMBURSED TO HONEYWELL INTERNATIONAL INC., THE PLAN ADMINISTRATOR. THERE ARE NO REMAINING OBLIGATIONS FOR TRUST BENEFITS.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $793
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $793

Create an account to unlock the data you need.

or