Night Shift Forklift Driver with Class A CDL at Sonoco Employees Benefit Trust (Jackson, TN)

Why Sonoco Employees Benefit Trust

FY2022 · Form 990Its mission and biggest programs, as filed

Provides health and welfare benefits for Sonoco employees and retirees.

Paid or accrued benefit to member including medical and dental claims and group life insurance premiums.$114.1M spent in FY2022

FY2022 · Form 990Independent: from IRS data, not the org

Budget

$117.6M

spent in FY2022

Fine: from the org's Form 990.

Pt I · Ln 18

Surplus or deficit

+3%

of revenue, FY2022

Looks good: revenue was at least expenses in the latest filing.

Pt I · Ln 19

Cash reserves

<1 mo

of spending, in cash and securities

Concern: -2.6 months of spending in cash; under 2 weeks.

Pt X · Ln 1–2 · Pt I · Ln 18

Latest return

FY2022

latest Form 990

Worth a look: the latest return is for FY2022, 4 tax years back; more than 3 tax years.

IRS e-file

IRS status

501(c)(9)

tax-exempt since 1984

Looks good: listed by the IRS.

IRS BMF

Looks goodFineWorth a lookConcernTap a box for the reason.

From the org's own posting

The full description is on the org's own listing.

From its Form 990