Elevance Health Retiree Veba Trust

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 010477639 ✦ Indianapolis, IN ✦ Designated as a 501(c)(9)

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Overview

What is Elevance Health Retiree Veba Trust?

Elevance Health Retiree Veba Trust is a nonprofit organization situated in Indianapolis. Their primary role is to offer post-retirement benefits to retirees, primarily through fraternal beneficiary societies and voluntary employee associations. By providing these benefits, they aim to support these groups during their post-retirement years, ensuring a measure of financial security and stability. The Trust's mission is deeply rooted in Indianapolis, demonstrating its commitment to the local community.

Is Elevance Health Retiree Veba Trust legitimate?

Elevance Health Retiree Veba Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Elevance Health Retiree Veba 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: $3,216
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Elevance Health Retiree Veba Trust?

Elevance Health Retiree Veba Trust's primary mission is to offer post-retirement benefits to retirees. This is achieved by collaborating with fraternal beneficiary societies and voluntary employee associations. The trust aims to provide financial security and support for retirees, ensuring they can enjoy their post-career years with peace of mind. The trust's activities are focused on meeting the unique needs of retirees, offering them a sense of financial stability and security in their golden years.

Who is the CEO of Elevance Health Retiree Veba Trust?

Jp Morgan Chase Bank Na is the Trustee of Elevance Health Retiree Veba Trust.

What is the revenue of Elevance Health Retiree Veba Trust?

Elevance Health Retiree Veba Trust's revenue in 2022 was $500,721.

Who are the executives of Elevance Health Retiree Veba Trust and what are their salaries?


There is 1 key member and their salary:


Jp Morgan Chase Bank Na (Trustee)
  • Compensation: $3,216
  • Related: $0
  • Other: $0
Where can I find the form 990 for Elevance Health Retiree Veba Trust?

Elevance Health Retiree Veba Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Elevance Health Retiree Veba Trust

Elevance Health Retiree Veba Trust, in its mission, focuses on providing post-retirement benefits to retirees. This nonprofit organization serves retirees through fraternal beneficiary societies and voluntary employee associations, offering them the necessary support during their post-retirement phase. By doing so, the Trust aims to ensure that retirees can maintain a decent standard of living after they have stopped working. The Trust's activities are designed to provide financial security and peace of mind to its beneficiaries, allowing them to enjoy their retirement years with dignity and comfort.

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Impact




October, 2024

Elevance Health Retiree Veba Trust plays a vital role in supporting retirees by delivering post-retirement benefits. By collaborating with fraternal beneficiary societies and voluntary employee associations, it ensures that retirees have access to essential resources and support during their retirement years. This initiative fosters a sense of community and mutual benefit, enhancing the quality of life for those who have dedicated their careers to the workforce. In Indianapolis, the Trust stands as a significant resource, reinforcing the commitment to the well-being of retired individuals through comprehensive benefits tailored to their needs.




This information is meant to be a general summary of Elevance Health Retiree Veba 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.

Revenue
$500,721 (2022)
Expenses
$21,873,734 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $500,721
  • Gross Receipts: $4,124,895

Assets and Liabilities:

  • Total Assets: $287,681,873
  • Total Liabilities: $0
  • Net Assets: $287,681,873

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Organization Details

Founding Year

2000

Principal Officer

Jp Morgan Chase Bank Na

Main Address

220 VIRGINIA AVENUE, INDIANAPOLIS, IN, 46204

NTEE Category

Code: Y40 - Mutual benefit

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