Overview
What is Employer Contribution Veba Trust Lycoming?
Employer Contribution Veba Trust Lycoming is a nonprofit organization that offers retiree health benefits to its former employees, their spouses, and dependents. As per the plan document, the trust provides comprehensive health benefits to its members, with the premiums being covered by the trust itself. The trust serves as a source of support for its members, ensuring their healthcare needs are met in their post-employment years.
Official website here: www.lycoming.edu
Is Employer Contribution Veba Trust Lycoming legitimate?
Employer Contribution Veba Trust Lycoming is a legitimate nonprofit organization registered as a 501(c)(9) entity. Employer Contribution Veba Trust Lycoming submitted a form 990EZ, 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.
Official website here: www.lycoming.edu
What is the mission statement of Employer Contribution Veba Trust Lycoming?
Employer Contribution Veba Trust Lycoming is established with the primary purpose of offering retiree health benefits to its former employees, their spouses, and dependents. The benefits are outlined in the trust's plan document, and the premiums for these health insurances are covered by the trust itself. The trust aims to provide financial relief and health security to its members in their retirement years. The mission of Employer Contribution Veba Trust Lycoming is to ensure the well-being of its retired employees by providing them with essential health benefits, thus enabling them to lead comfortable and secure post-retirement lives.
Official website here: www.lycoming.edu
Who is the CEO of Employer Contribution Veba Trust Lycoming?
Unavailable
Official website here: www.lycoming.edu
What is the revenue of Employer Contribution Veba Trust Lycoming?
Employer Contribution Veba Trust Lycoming's revenue in 2022 was $58,515.
Official website here: www.lycoming.edu
Who are the executives of Employer Contribution Veba Trust Lycoming and what are their salaries?
There is 1 key member and their salary:
- Compensation: $750
- Related: $0
- Other: $0
Official website here: www.lycoming.edu
Where can I find the form 990EZ for Employer Contribution Veba Trust Lycoming?
Employer Contribution Veba Trust Lycoming's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.lycoming.edu
Learn more at the official website: www.lycoming.edu
Mission Statement of Employer Contribution Veba Trust Lycoming
Employer Contribution Veba Trust Lycoming, as its name suggests, is a trust that aims to provide retiree health benefits to former employees and their eligible dependents. This organization, as outlined in its plan document, offers health benefits and insurance premiums covered by the trust to its members. The mission of Employer Contribution Veba Trust Lycoming is to ensure that retired individuals and their families maintain their health and wellbeing by providing them with essential medical coverage and insurance, all funded by the trust.
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Impact
October, 2024
Employer Contribution VEBA Trust Lycoming provides essential retiree health benefits to former employees, their spouses, and dependents. By funding health benefits and covering insurance premiums through the trust, it ensures that eligible members have access to necessary healthcare services after retirement. This support significantly enhances the financial security and well-being of retirees, allowing them to manage their healthcare costs more effectively.
The organization operates from Charlotte, NC, and its mission underscores the importance of maintaining health benefits for those who have devoted their careers to their employers. By fulfilling this commitment, the trust plays a critical role in promoting mutual benefit, where former employees can enjoy peace of mind regarding their health and financial stability during retirement.
This information is meant to be a general summary of Employer Contribution Veba Trust Lycoming. 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: $20,674
- Program Service Revenue: $37,915
- Gross Receipts: $122,323
Assets and Liabilities:
- Total Assets: $393,070
- Total Liabilities: $0
- Net Assets: $393,070
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Organization Details
Phone
(877) 535-3910Main Address
8625 ANDREW CARNEGIE BLVD CORP TAX, CHARLOTTE, NC, 28262
Website
www.lycoming.eduNTEE Category
Code: Y43 - Mutual benefit
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