Employer Contribution Veba Trust Denison

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

EIN: 043838437 ✦ Charlotte, NC ✦ Designated as a 501(c)(9)

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Overview

What is Employer Contribution Veba Trust Denison?

Employer Contribution Veba Trust Denison is a nonprofit organization situated in Charlotte, North Carolina. Its primary mission is to provide retiree health benefits to the former employees of its affiliated employer, along with their spouses and dependents. Although the main focus is on health benefits, other types of benefits may be offered, as outlined in the plan document. The trust aims to support its beneficiaries in maintaining their health and well-being post-employment.


Official website here: www.denison.edu

Is Employer Contribution Veba Trust Denison legitimate?

Employer Contribution Veba Trust Denison is a legitimate nonprofit organization registered as a 501(c)(9) entity. Employer Contribution Veba Trust Denison 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


Official website here: www.denison.edu

What is the mission statement of Employer Contribution Veba Trust Denison?

The mission of Employer Contribution Veba Trust Denison, as stated, is centered around providing retirement health benefits. This organization extends these benefits to the former employees of the employer, alongside their spouses and dependents. While the primary focus is on health benefits, additional benefits may be offered, as specified in the plan documentation. The trust pays for health benefits and insurance premiums for its members.


Official website here: www.denison.edu

Who is the CEO of Employer Contribution Veba Trust Denison?

James P Ables is the Principal Officer of Employer Contribution Veba Trust Denison.


Official website here: www.denison.edu

What is the revenue of Employer Contribution Veba Trust Denison?

Employer Contribution Veba Trust Denison's revenue in 2022 was $1,955,079.


Official website here: www.denison.edu

Who are the executives of Employer Contribution Veba Trust Denison and what are their salaries?


There is 1 key member and their salary:


Tiaa Trust Na (Trustee)
  • Compensation: $750
  • Related: $0
  • Other: $0


Official website here: www.denison.edu

Where can I find the form 990 for Employer Contribution Veba Trust Denison?

Employer Contribution Veba Trust Denison's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.denison.edu

Learn more at the official website: www.denison.edu

Mission Statement of Employer Contribution Veba Trust Denison

Employer Contribution Veba Trust Denison, as a nonprofit organization, is dedicated to providing retiree health benefits to the former employees and their dependents of the associated employer. Beyond health benefits, additional benefits may be offered to members, as outlined in the plan document. The organization's primary goal is to ensure the well-being of its beneficiaries by covering health expenses and paying insurance premiums on their behalf.

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Impact




October, 2024

The Employer Contribution VEBA Trust Denison plays a crucial role in providing retiree health benefits to former employees, along with their spouses and dependents. This initiative focuses on offering essential health benefits and covering insurance premiums for its members, ensuring that retirees have access to necessary medical care and support as they transition into retirement.

Located in Charlotte, NC, this trust is dedicated to enhancing the quality of life for its beneficiaries by alleviating the financial burden of healthcare costs. By fulfilling its mission, the VEBA Trust fosters a sense of security and well-being among retirees, allowing them to focus on their health and personal affairs without the added stress of unexpected medical expenses.

Overall, the impact of the Employer Contribution VEBA Trust Denison is significant, as it strengthens the support system for retirees, underscores the importance of post-employment care, and reflects a commitment to the welfare of those who have dedicated their careers to the organization.




This information is meant to be a general summary of Employer Contribution Veba Trust Denison. 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
$1,955,079 (2022)
Expenses
$847,620 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $651,561
  • Program Service Revenue: $1,303,518
  • Gross Receipts: $3,293,254

Assets and Liabilities:

  • Total Assets: $12,161,159
  • Total Liabilities: $0
  • Net Assets: $12,161,159

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Programs

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

Employer Contributions

Revenue

$1,302,515

TIAA-CREF Transactions

Revenue

$1,003

Organization Details

Founding Year

2005

Principal Officer

James P Ables

Main Address

8625 ANDREW CARNEGIE BLVD ATTNCORP, CHARLOTTE, NC, 28262

NTEE Category

Code: Y44 - Mutual benefit

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