Overview
What is Employer Contribution Veba Trust?
Employer Contribution Veba Trust is a nonprofit organization situated in Charlotte, North Carolina, specifically at 8625 Andrew Carnegie Blvd. This entity is primarily dedicated to offering health benefits and insurance premiums to the former employees of its employer, together with their spouses and dependents. While the primary focus is on retiree health benefits, additional benefits may be included as per the plan document. The trust's mission is to provide these benefits, ensuring the well-being of the employees in their post-employment phase.
Official website here: www.kzoo.edu
Is Employer Contribution Veba Trust legitimate?
Employer Contribution Veba Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Employer Contribution 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.kzoo.edu
What is the mission statement of Employer Contribution Veba Trust?
The Employer Contribution Veba Trust is dedicated to offering retirement health benefits to the previous employees of the associated employer, along with their spouses and dependents. While the provision of additional benefits may be included, as outlined in the plan document, the primary focus remains on delivering health benefits and managing insurance premiums for the trust members.
Official website here: www.kzoo.edu
Who is the CEO of Employer Contribution Veba Trust?
Lisa Vandeweert is the Principal Officer of Employer Contribution Veba Trust.
Official website here: www.kzoo.edu
What is the revenue of Employer Contribution Veba Trust?
Employer Contribution Veba Trust's revenue in 2022 was $727,254.
Official website here: www.kzoo.edu
Who are the executives of Employer Contribution Veba Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $750
- Related: $0
- Other: $0
Official website here: www.kzoo.edu
Where can I find the form 990 for Employer Contribution Veba Trust?
Employer Contribution Veba Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.kzoo.edu
Learn more at the official website: www.kzoo.edu
Mission Statement of Employer Contribution Veba Trust
The Employer Contribution Veba Trust, as a mission-driven entity, aims to extend retiring health benefits to the former employees of the affiliated employer and their respective spouses and dependents. Beyond health benefits, the trust may provide other advantages, as outlined in the plan documentation. The primary objective of this organization is to safeguard the wellbeing of its members by covering their healthcare needs and insurance premiums post-retirement.
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Impact
October, 2024
The Employer Contribution VEBA Trust plays a crucial role in supporting the health and well-being of former employees and their families by providing essential retiree health benefits. This ensures that retirees have access to health benefits and assistance with insurance premiums, which can significantly alleviate financial burdens associated with healthcare costs in retirement.
By focusing on the needs of former employees, as well as their spouses and dependents, the Trust helps to promote financial security and peace of mind during retirement years. This targeted support fosters a sense of community and mutual benefit among individuals who have dedicated their careers to the employer, reinforcing the value of their contributions.
Furthermore, the Trust may offer additional benefits as outlined in the plan documents, enhancing the overall support system for retirees. By securing these health benefits, the Employer Contribution VEBA Trust ultimately contributes to improved health outcomes and quality of life for retirees in Charlotte, NC, and beyond.
This information is meant to be a general summary of Employer Contribution 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $134,948
- Program Service Revenue: $592,306
- Gross Receipts: $1,837,435
Assets and Liabilities:
- Total Assets: $3,121,876
- Total Liabilities: $0
- Net Assets: $3,121,876
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Employer Contributions
Revenue
$591,687
TIAA-CREF Transactions
Revenue
$619
Organization Details
Founding Year
2005
Phone
(877) 535-3910Principal Officer
Lisa Vandeweert
Main Address
8625 ANDREW CARNEGIE BLVD ATTNCORP, CHARLOTTE, NC, 28262
Website
www.kzoo.eduNTEE Category
Code: Y43 - Mutual benefit
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