Employer Contribution Veba Trust Sarah

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

EIN: 043838445 ✦ Charlotte, NC ✦ Designated as a 501(c)(9)

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Overview

What is Employer Contribution Veba Trust Sarah?

Employer Contribution Veba Trust Sarah, located in Charlotte, North Carolina, is a nonprofit organization that primarily focuses on providing retiree health benefits. The trust pays for health benefits and insurance premiums for the employer's former employees, their spouses, and dependents. While the primary function is health benefits, other benefits may be offered as per the plan document. The trust operates as a means of extending care and support to retired employees, ensuring they maintain a certain level of wellness in their post-employment phase.


Official website here: www.sarahlawrence.edu

Is Employer Contribution Veba Trust Sarah legitimate?

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

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

The mission of Employer Contribution Veba Trust Sarah, as stated, is centered around providing retired health benefits. This organization aims to support the former employees and their dependents, including spouses, of the associated employer. While the primary focus is on health benefits, the trust may also offer additional advantages, as detailed in the plan document. The trust pays for health benefits and insurance premiums for its members.


Official website here: www.sarahlawrence.edu

Who is the CEO of Employer Contribution Veba Trust Sarah?

David Klein is the Principal Officer of Employer Contribution Veba Trust Sarah.


Official website here: www.sarahlawrence.edu

What is the revenue of Employer Contribution Veba Trust Sarah?

Employer Contribution Veba Trust Sarah's revenue in 2022 was $486,168.


Official website here: www.sarahlawrence.edu

Who are the executives of Employer Contribution Veba Trust Sarah 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.sarahlawrence.edu

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

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


Official website here: www.sarahlawrence.edu

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

Mission Statement of Employer Contribution Veba Trust Sarah

Employer Contribution Veba Trust Sarah, a nonprofit organization, is dedicated to providing retiree health benefits to the former employees and their dependents of the associated employer. Beyond healthcare benefits, the trust may offer additional advantages as outlined in the plan documentation. The primary mission of this trust is to ensure the well-being of its members by covering their health needs and insurance premiums, providing them with the necessary support during their post-employment years.

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Impact




October, 2024

Employer Contribution VEBA Trust Sarah significantly impacts the lives of former employees, their spouses, and dependents by providing essential retiree health benefits. The trust ensures that these individuals have access to health benefits and insurance premiums, alleviating financial burdens associated with healthcare costs in retirement. This support is crucial for maintaining the well-being of retirees and their families, allowing them to focus on their health and quality of life during their retirement years. Additionally, by addressing the specific needs outlined in the plan document, the trust may also offer other benefits, further enhancing the support system for its members. Overall, the trust plays a vital role in fostering security and peace of mind for those it serves in the Charlotte, NC area.




This information is meant to be a general summary of Employer Contribution Veba Trust Sarah. 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
$486,168 (2022)
Expenses
$161,478 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $191,234
  • Program Service Revenue: $294,934
  • Gross Receipts: $1,158,673

Assets and Liabilities:

  • Total Assets: $3,402,433
  • Total Liabilities: $0
  • Net Assets: $3,402,433

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Programs

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

Employer Contributions

Revenue

$294,934

Organization Details

Founding Year

2005

Principal Officer

David Klein

Main Address

8625 ANDREW CARNEGIE BLVD ATTN CORP, CHARLOTTE, NC, 28262

NTEE Category

Code: Y44 - Mutual benefit

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