Overview
What is Employer Contribution Veba Trust St Olaf?
Employer Contribution Veba Trust St Olaf is a nonprofit organization situated in Charlotte, North Carolina, specifically at 8625 Andrew Carnegie Blvd. The primary purpose of this trust is to provide retirement health benefits to the former employees of its associated employer, along with their spouses and dependents. While the main focus is on health benefits, the trust may offer additional benefits as outlined in its plan documentation. The trust serves as a means of ensuring the well-being of its members in their post-employment life.
Official website here: www.stolaf.edu
Is Employer Contribution Veba Trust St Olaf legitimate?
Employer Contribution Veba Trust St Olaf is a legitimate nonprofit organization registered as a 501(c)(9) entity. Employer Contribution Veba Trust St Olaf 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.stolaf.edu
What is the mission statement of Employer Contribution Veba Trust St Olaf?
Employer Contribution Veba Trust St Olaf is committed to providing retirement health benefits to the former employees of the associated employer, as well as their spouses and dependents. While the primary focus is on health benefits, additional benefits may be offered as outlined in the plan document. The trust pays for the health insurance premiums of its members, ensuring they have access to necessary medical care in their retirement years.
Official website here: www.stolaf.edu
Who is the CEO of Employer Contribution Veba Trust St Olaf?
Nathan Engle is the Principal Officer of Employer Contribution Veba Trust St Olaf.
Official website here: www.stolaf.edu
What is the revenue of Employer Contribution Veba Trust St Olaf?
Employer Contribution Veba Trust St Olaf's revenue in 2022 was $917,468.
Official website here: www.stolaf.edu
Who are the executives of Employer Contribution Veba Trust St Olaf and what are their salaries?
There is 1 key member and their salary:
- Compensation: $750
- Related: $0
- Other: $0
Official website here: www.stolaf.edu
Where can I find the form 990 for Employer Contribution Veba Trust St Olaf?
Employer Contribution Veba Trust St Olaf's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.stolaf.edu
Learn more at the official website: www.stolaf.edu
Mission Statement of Employer Contribution Veba Trust St Olaf
Employer Contribution Veba Trust St. Olaf is a mission-driven organization dedicated to providing retiree health benefits to the former employees and their dependents of a specific employer. Beyond health benefits, the trust may offer additional advantages as outlined in the plan documentation. The primary objective of this nonprofit is to ensure the well-being of its members by covering health expenses and insurance premiums, offering them peace of mind during their retirement years. The trust's mission is to extend support and care to those who have served the employer faithfully throughout their careers, ensuring they continue to enjoy a decent quality of life in their golden years.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Employer Contribution VEBA Trust St. Olaf plays a significant role in supporting the health and well-being of former employees and their families. By providing retiree health benefits, it ensures that these individuals have access to necessary medical care and financial assistance for health-related expenses. This trust helps alleviate the burden of health insurance costs for retirees, spouses, and dependents, contributing to their overall quality of life during retirement.
Additionally, the trust may encompass a range of other benefits as described in the plan document, further enhancing the support offered to its members. Located in Charlotte, NC, the VEBA Trust fosters a sense of community and mutual benefit, allowing retired employees to navigate their post-employment years with greater security and peace of mind regarding their health care needs.
This information is meant to be a general summary of Employer Contribution Veba Trust St Olaf. 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: $340,471
- Program Service Revenue: $576,997
- Gross Receipts: $2,492,282
Assets and Liabilities:
- Total Assets: $12,723,679
- Total Liabilities: $0
- Net Assets: $12,723,679
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Employer Contributions
Revenue
$575,397
TIAA-CREF Transactions
Revenue
$1,600
Organization Details
Founding Year
2006
Phone
(877) 535-3910Principal Officer
Nathan Engle
Main Address
8625 ANDREW CARNEGIE BLVD ATTN CORP, CHARLOTTE, NC, 28262
Website
www.stolaf.eduNTEE Category
Code: Y43 - Mutual benefit
If you are a representative of Employer Contribution Veba Trust St Olaf and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.