Employee Contribution Veba Trust The

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

EIN: 043852175 ✦ Charlotte, NC ✦ Designated as a 501(c)(9)

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Overview

What is Employee Contribution Veba Trust The?

Employee Contribution Veba Trust The is a nonprofit organization located in Charlotte, North Carolina. Its primary objective is to offer retiree health benefits to the former employees of its employer and their eligible dependents. While the main focus is on healthcare, the trust may also provide additional benefits as outlined in the plan documentation. The trust serves as a means for its employer to continue supporting its retired workforce by ensuring they have access to essential healthcare services.


Official website here: www.mellon.org

Is Employee Contribution Veba Trust The legitimate?

Employee Contribution Veba Trust The is a legitimate nonprofit organization registered as a 501(c)(9) entity. Employee Contribution Veba Trust The 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.mellon.org

What is the mission statement of Employee Contribution Veba Trust The?

The Employee Contribution Veba Trust aims to provide retired health benefits to an employer's former employees, their spouses, and dependents. While the primary focus is on health benefits, additional benefits might be offered as outlined in the plan document. The trust is responsible for covering health insurance premiums for its members. Its mission is centered around ensuring the well-being of retired employees and their families, providing them with necessary healthcare support.


Official website here: www.mellon.org

Who is the CEO of Employee Contribution Veba Trust The?

Annette Phillips is the Principal Officer of Employee Contribution Veba Trust The.


Official website here: www.mellon.org

What is the revenue of Employee Contribution Veba Trust The?

Employee Contribution Veba Trust The's revenue in 2022 was $158,191.


Official website here: www.mellon.org

Who are the executives of Employee Contribution Veba Trust The 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.mellon.org

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

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


Official website here: www.mellon.org

Learn more at the official website: www.mellon.org

Mission Statement of Employee Contribution Veba Trust The

Employee Contribution Veba Trust The is an organization dedicated to providing retiree health benefits to the former employees and their dependents of a specific employer. While the primary focus is on health benefits, the trust may offer additional benefits as outlined in the plan document. The mission of this trust is to ensure the wellbeing of its members by paying for their health benefits and insurance premiums. It serves as a safety net, providing essential healthcare services to individuals who have retired from their employment with the employer. This support can significantly impact the quality of life for these retirees and their families, offering them peace of mind and access to necessary healthcare services.

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Impact




October, 2024

The Employee Contribution VEBA Trust significantly impacts its members by providing essential retiree health benefits to former employees, their spouses, and dependents. This support ensures that individuals can afford necessary healthcare services during retirement, addressing a critical need for many families who rely on these benefits for their well-being.

By facilitating access to health benefits and helping cover insurance premiums, the trust promotes financial stability for retirees, allowing them to focus on their health rather than financial burdens. Additionally, it may offer other benefits as outlined in the plan document, enhancing the overall support system for retirees.

Situated in Charlotte, NC, the trust is dedicated to its mission of delivering meaningful assistance to former employees, ensuring they can maintain a quality standard of living through reliable healthcare coverage. This contribution to their quality of life reflects a commitment to mutual benefit, fostering a supportive environment for those who have dedicated their working lives to the employer.




This information is meant to be a general summary of Employee Contribution Veba Trust The. 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
$158,191 (2022)
Expenses
$39,042 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $52,410
  • Program Service Revenue: $105,781
  • Gross Receipts: $213,520

Assets and Liabilities:

  • Total Assets: $953,251
  • Total Liabilities: $0
  • Net Assets: $953,251

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Programs

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

Employee Contributions

Revenue

$105,752

TIAA-CREF Transactions

Revenue

$29

Organization Details

Founding Year

2005

Principal Officer

Annette Phillips

Main Address

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

NTEE Category

Code: Y430 - Mutual benefit

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