Woodcraft Employee Benefit Trust
- Assets
- $12.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Morristown, TN
- Founding
- 11/1981
- Data as of
- 10/2022
- EIN
- 58-1448394
Organization Overview
Woodcraft Employee Benefit Trust is located in Morristown, TN. The organization was established in 1981. According to its NTEE Classification (Y20) the organization is classified as: Insurance Providers, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Woodcraft Employee Benefit Trust is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 10/2022, Woodcraft Employee Benefit Trust generated $27.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.6%) each year. All expenses for the organization totaled $28.3k during the year ending 10/2022. As we would expect to see with falling revenues, expenses have declined by (10.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
BENEFIT TRUST ACCOUNT FOR EMPLOYEES
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $27,082 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $27,082 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $28,296 |
| Total expenses | $28,296 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,584 |
| Other assets | $0 |
| Total assets | $12,584 |
| Total liabilities | $0 |
| Net assets or fund balances | $12,584 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jackson Utility Division Benefits Program Trust Jackson, TN | $8,539,572 | $8,659,868 |
Georgia Insurers Insolvency Pool Duluth, GA | $145,962,190 | $6,621,081 |
The University Of South Alabama Professional Liability Trust Fund Mobile, AL | $52,169,275 | $10,546,535 |
Hedrick Employee Group Benefit Plan Trust Salisbury, NC | $2,627,065 | $8,303,348 |
Asphalt Institute Inc Lexington, KY | $13,937,095 | $7,949,306 |
Piedmont Liability Trust Charlottesville, VA | $77,604,181 | $9,580,879 |
Baptist Healthcare System Inc Louisville, KY | $962,738 | $6,805,562 |
Clark Companies Medical Benefit Plan Bowling Green, KY | $441,300 | $5,993,234 |
Diamond G Employee Benefit Trust Greeneville, TN | $11,777 | $4,902,526 |
Bull Moose Tube Company Employee Benefits Trust Chesterfield, MO | $0 | $5,509,224 |
Mcelroy Truck Lines Inc Medical Benefit Plan Cuba, AL | $1,269 | $5,259,792 |
Mssa Ila Supplemental Benefit Fund Mobile, AL | $9,271,097 | $4,632,071 |