Cummins Employees Benefit Corp
- Assets
- $7.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Grady, AR
- Founding
- 07/1985
- Data as of
- 12/2022
- EIN
- 71-0599919
Organization Overview
Cummins Employees Benefit Corp is located in Grady, AR. The organization was established in 1985. According to its NTEE Classification (Y43) the organization is classified as: Voluntary Employees Beneficiary Associations (Non-Government), 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. Cummins Employees Benefit Corp is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, Cummins Employees Benefit Corp generated $41.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.7%) each year. All expenses for the organization totaled $51.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.8%) per year over the past 6 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
THE CUMMINS UNIT IS A PRISON OPERATED BY THE ARKANSAS DEPARTMENT OF CORRECTIONS. THE PRISION IS ACTUALLY A PRISON FARM AND IS LOCATED IN A VERY RURAL AREA OF THE STATE. MOST OF THE CORRECTIONAL OFFICERS WORK TWELVE HOUR SHIFTS. THE EMPLOYEES ARE ON DUTY DURING THE TWELVE HOUR SHIFTS AND ARE NOT ALLOWED TO LEAVE THE PRISON. THE CUMMINS EMPLOYEES BENEFIT CORPORATION WAS ORGANIZED IN PART TO PROMOTE GOODWILL AMONG EMPLOYEES AND TO INCREASE EMPLOYEE MORALE. THESE GOALS WERE TO BE MET BY OPERATING VENDING MACHINES FOR USE BY THE EMPLOYEES. GIVEN THE LOCATION OF THE JOB SITE AND THE NATURE OF THE JOB, THE AVAILABILITY OF VENDING MACHINES FOR THE EMPLOYEES CONTRIBUTED IMPORTANTLY IN INCREASING STAFF MORALE. ALSO, THE FUNDS DERIVED FROM THE VENDING MACHINES ALLOWED THE EMPLOYEE CORPORATION TO SPONSOR SOCIAL, RECREATIONAL AND ATHLETIC ACTIVITIES FOR ALL EMPLOYEES AND THEIR FAMILIES TO FUTHER PROMOTE GOODWILL AND INCREASE MORALE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lewis Young President | 2 | $0 | |
Jennifer Downen Secretary | 3 | $0 | |
Marcie Nash Treasurer | 3 | $0 | |
Crystal Wood Vice Pres | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $33,241 |
| Membership dues | $16,395 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$3,569 |
| Other Revenue | $0 |
| Total Revenue | $41,801 |
| 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 | $375 |
| Occupancy, rent, utilities, and maintenance | $11,433 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $38,657 |
| Total expenses | $51,768 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,574 |
| Other assets | $0 |
| Total assets | $7,374 |
| Total liabilities | $0 |
| Net assets or fund balances | $7,374 |