Employee Contribution Veba Trust

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

EIN: 043838465 ✦ Charlotte, NC ✦ Designated as a 501(c)(9)

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Overview

What is Employee Contribution Veba Trust?

Employee Contribution Veba Trust is a nonprofit organization situated in Charlotte, North Carolina. Its primary objective is to offer retiree health benefits to the former employees and their dependents of the affiliated employer. While the focus is on health benefits, additional perks might be included as outlined in the plan document. This trust aims to support the well-being of retired employees and their families, providing them with essential healthcare coverage.


Official website here: www.haverford.edu

Is Employee Contribution Veba Trust legitimate?

Employee Contribution Veba Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Employee 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.haverford.edu

What is the mission statement of Employee Contribution Veba Trust?

The Employee Contribution Veba Trust is committed to providing retirement health benefits to the former employees of the associated employer, their spouses, and dependents. Although the plan document may outline additional benefits, the primary focus is on health benefits and insurance premiums for its members. The trust's mission is to ensure the well-being of its beneficiaries in their retirement years, offering them essential healthcare coverage.


Official website here: www.haverford.edu

Who is the CEO of Employee Contribution Veba Trust?

Nico Washington is the Principal Officer of Employee Contribution Veba Trust.


Official website here: www.haverford.edu

What is the revenue of Employee Contribution Veba Trust?

Employee Contribution Veba Trust's revenue in 2022 was $102,972.


Official website here: www.haverford.edu

Who are the executives of Employee Contribution Veba Trust 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.haverford.edu

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

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


Official website here: www.haverford.edu

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

Mission Statement of Employee Contribution Veba Trust

The Employee Contribution Veba Trust, as its name suggests, is an entity committed to providing retiree health benefits. This organization extends its services beyond just health benefits, offering other advantages as detailed in the plan document. Its primary mission is to support the former employees of an employer, along with their spouses and dependents, by providing them with comprehensive health benefits. The Trust takes care of the health insurance premiums for its members, ensuring their well-being in their post-employment years.

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Impact




October, 2024

The Employee Contribution VEBA Trust plays a crucial role in enhancing the well-being of retirees and their families by providing essential health benefits. It specifically focuses on delivering retiree health benefits to former employees, along with coverage for their spouses and dependents. This support can help alleviate the financial burden of medical expenses during retirement, ensuring that individuals can access necessary healthcare services.

By offering health benefits and insurance premiums, the Trust contributes to the overall security and peace of mind of retirees, allowing them to maintain a higher quality of life. Additionally, the provision of other benefits, as outlined in the plan document, adds further value to members, addressing a range of health-related needs. Overall, the impact of the Employee Contribution VEBA Trust is significant in fostering a supportive environment for retirees in Charlotte, NC, and contributing to their long-term health and financial stability.




This information is meant to be a general summary of Employee 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.

Revenue
$102,972 (2022)
Expenses
$32,607 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $30,155
  • Program Service Revenue: $72,817
  • Gross Receipts: $174,841

Assets and Liabilities:

  • Total Assets: $637,282
  • Total Liabilities: $0
  • Net Assets: $637,282

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Programs

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

Employee Contributions

Revenue

$72,521

TIAA-CREF Transactions

Revenue

$296

Organization Details

Founding Year

2005

Principal Officer

Nico Washington

Main Address

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

NTEE Category

Code: Y43 - Mutual benefit

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