Employer Contribution Veba Trust Tiffin

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

EIN: 043838457 ✦ Charlotte, NC ✦ Designated as a 501(c)(9)

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Overview

What is Employer Contribution Veba Trust Tiffin?

Employer Contribution Veba Trust Tiffin, based in Charlotte, North Carolina, serves as a nonprofit organization primarily focused on providing retirement health benefits. Specifically, they extend these benefits to the former employees of the associated employer, along with their spouses and dependents. While the primary focus is on healthcare, the plan document may also outline additional benefits. The trust operates with the goal of offering financial and healthcare support to its eligible members.


Official website here: www.tiffin.edu

Is Employer Contribution Veba Trust Tiffin legitimate?

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

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

The mission of Employer Contribution Veba Trust Tiffin, as outlined, is primarily focused on providing retirement health benefits. This extends to the former employees of the associated employer, their spouses, and dependent family members. While the provision of other benefits is also mentioned, the primary focus is on health-related benefits. These benefits include healthcare and associated insurance premiums, as detailed in the plan document. The trust aims to support the wellbeing of its beneficiaries post-employment.


Official website here: www.tiffin.edu

Who is the CEO of Employer Contribution Veba Trust Tiffin?

Devin Frank is the Principal Officer of Employer Contribution Veba Trust Tiffin.


Official website here: www.tiffin.edu

What is the revenue of Employer Contribution Veba Trust Tiffin?

Employer Contribution Veba Trust Tiffin's revenue in 2022 was $114,879.


Official website here: www.tiffin.edu

Who are the executives of Employer Contribution Veba Trust Tiffin 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.tiffin.edu

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

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


Official website here: www.tiffin.edu

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

Mission Statement of Employer Contribution Veba Trust Tiffin

Employer Contribution Veba Trust Tiffin, as a nonprofit organization, is committed to providing retiree health benefits for the former employees and their dependents, including spouses, of the associated employer. While the trust offers a variety of benefits as outlined in the plan document, its primary focus is on offering health benefits and managing the insurance premiums for its members. The organization's mission is to support the well-being of its members in their post-employment years, ensuring they continue to have access to essential healthcare services.

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Impact




October, 2024

The Employer Contribution VEBA Trust Tiffin plays a crucial role in enhancing the quality of life for retirees by providing essential health benefits. This trust ensures that former employees, along with their spouses and dependents, receive significant support in managing their healthcare needs, which can be particularly challenging during retirement.

By covering health benefits and insurance premiums, the trust alleviates some of the financial burdens that retirees face, enabling them to access necessary medical care without the worry of overwhelming expenses. This support fosters a sense of security among retirees, contributing to their overall well-being.

Furthermore, the trust's mission to provide additional benefits as outlined in the plan documents reflects a commitment to adapting to the evolving needs of its members, ensuring that a broad range of support options is available. This flexibility can positively impact members by enhancing their health outcomes and improving their quality of life as they age.

In summary, the Employer Contribution VEBA Trust Tiffin significantly impacts former employees by offering vital health benefits, ensuring financial security in healthcare, and promoting a healthier, more comfortable retirement lifestyle.




This information is meant to be a general summary of Employer Contribution Veba Trust Tiffin. 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
$114,879 (2022)
Expenses
$94,731 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $74,561
  • Program Service Revenue: $40,318
  • Gross Receipts: $389,921

Assets and Liabilities:

  • Total Assets: $1,523,518
  • Total Liabilities: $0
  • Net Assets: $1,523,518

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Programs

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

Employer Contributions

Revenue

$40,318

Organization Details

Founding Year

2005

Principal Officer

Devin Frank

Main Address

8625 ANDREW CARNEGIE BLVD ATTNCORP, CHARLOTTE, NC, 28262

NTEE Category

Code: Y43 - Mutual benefit

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