Republic Retiree Veba Benefit Trust

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

EIN: 020642820 ✦ Pittsburgh, PA ✦ Designated as a 501(c)(9)

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Overview

What is Republic Retiree Veba Benefit Trust?

Republic Retiree Veba Benefit Trust is a nonprofit organization situated in Pittsburgh, Pennsylvania. Its primary purpose is to offer health and welfare benefits to retired members and their surviving spouses. The trust aims to provide medical, drug, and retiree death benefits to its retired members, ensuring their well-being and support in their post-employment phase. The trust operates within the limits specified by its mission, ensuring financial stability and commitment to its beneficiaries.

Is Republic Retiree Veba Benefit Trust legitimate?

Republic Retiree Veba Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Republic Retiree Veba Benefit 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Republic Retiree Veba Benefit Trust?

The Republic Retiree Veba Benefit Trust is dedicated to providing medical, drug, and retirement death benefits to its retired members. This organization's mission is centered around the welfare of its retired members and their surviving spouses, ensuring they receive necessary health benefits. The trust's activities primarily focus on offering medical and drug coverage as well as providing financial assistance in the event of a retiree's demise.

Who is the CEO of Republic Retiree Veba Benefit Trust?

Michael Millsap is the Trustee of Republic Retiree Veba Benefit Trust.

What is the revenue of Republic Retiree Veba Benefit Trust?

Republic Retiree Veba Benefit Trust's revenue in 2022 was $6,633,144.

Who are the executives of Republic Retiree Veba Benefit Trust and what are their salaries?


Here are 6 key members and their salaries:


Michael Millsap (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Perez (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Louise Zimmerman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margo Barnes (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle Vuchak (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Hiles (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Republic Retiree Veba Benefit Trust?

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

Mission Statement of Republic Retiree Veba Benefit Trust

Republic Retiree Veba Benefit Trust, as its name suggests, is dedicated to providing medical, pharmaceutical, and retirement death benefits to its retired members. This nonprofit organization's mission is to ensure the health and well-being of its retired members and their surviving spouses by offering comprehensive benefits packages. The Trust's primary goal is to provide a safety net for its retired members, offering them the medical and retirement benefits they need to maintain their health and quality of life in their post-retirement years.

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Impact




October, 2024

Republic Retiree Veba Benefit Trust significantly impacts retired members by ensuring they receive essential health and welfare benefits, including medical, drug, and death benefits. By fulfilling this mission, the trust helps retirees navigate the complexities of healthcare costs, providing peace of mind during their retirement years. The availability of these benefits is crucial for maintaining the well-being of retired individuals and their surviving spouses, allowing them to manage medical expenses effectively and focus on quality of life. Operating in Pittsburgh, PA, the trust plays a vital role in supporting the health and financial stability of those who have dedicated their careers prior, emphasizing mutual benefit and community support for its members.




This information is meant to be a general summary of Republic Retiree Veba Benefit 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
$6,633,144 (2022)
Expenses
$9,544,135 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,204,132
  • Program Service Revenue: $3,020,096
  • Gross Receipts: $18,351,166

Assets and Liabilities:

  • Total Assets: $81,936,436
  • Total Liabilities: $95,081
  • Net Assets: $81,841,355

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

EMPLOYER CONTRIBUTIONS

Revenue

$199,403

PARTICIPANTS' CONTRIBUTIONS

Revenue

$2,820,693

Organization Details

Founding Year

2002

Principal Officer

Michael Millsap

Main Address

60 BOULEVARD OF THE ALLIES 5TH FL, PITTSBURGH, PA, 15222

NTEE Category

Code: Y43 - Mutual benefit

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