Employer Contribution Veba Trust Seattle

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

EIN: 043852245 ✦ Charlotte, NC ✦ Designated as a 501(c)(9)

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Overview

What is Employer Contribution Veba Trust Seattle?

Employer Contribution Veba Trust Seattle is a nonprofit organization that offers retirement health benefits to the former employees and their dependents of a specific employer, based in Charlotte, North Carolina. Located at 8625 Andrew Carnegie Boulevard, the trust provides healthcare premiums and potentially additional benefits, as detailed in the plan document. Its primary mission is to support the well-being of the employer's retired workforce and their families, ensuring they have access to essential healthcare benefits.


Official website here: www.spu.edu

Is Employer Contribution Veba Trust Seattle legitimate?

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

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

The mission of this organization, known as the Employer Contribution Veba Trust, is primarily focused on providing retirement health benefits to the former employees of a specific employer, as well as their spouses and dependents. While health benefits are the primary focus, other benefits may be offered as outlined in the plan document. The organization is responsible for paying health insurance premiums for its members.


Official website here: www.spu.edu

Who is the CEO of Employer Contribution Veba Trust Seattle?

Terry Winn is the Principal Officer of Employer Contribution Veba Trust Seattle.


Official website here: www.spu.edu

What is the revenue of Employer Contribution Veba Trust Seattle?

Employer Contribution Veba Trust Seattle's revenue in 2022 was $635,436.


Official website here: www.spu.edu

Who are the executives of Employer Contribution Veba Trust Seattle 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.spu.edu

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

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


Official website here: www.spu.edu

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

Mission Statement of Employer Contribution Veba Trust Seattle

Employer Contribution Veba Trust Seattle is committed to providing retiree health benefits to the former employees and their dependents of the associated employer. This nonprofit organization goes beyond just health benefits, as outlined in the plan document, and may offer additional advantages to its members. The primary objective of Employer Contribution Veba Trust Seattle is to ensure the well-being of its members in their retirement years by covering their health needs and paying for their insurance premiums. By providing these benefits, the trust seeks to offer a sense of security and financial stability to its members, helping them maintain their quality of life during their post-employment phase.

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Impact




October, 2024

Employer Contribution VEBA Trust Seattle significantly impacts retiree health benefits by ensuring that former employees and their families receive essential healthcare coverage. Through the provision of health benefits and the payment of insurance premiums, it supports the financial well-being of retirees, their spouses, and dependents. This assistance is crucial for maintaining access to healthcare services, which can alleviate concerns about medical costs during retirement. By fulfilling its mission to provide these benefits, the Trust helps contribute to a healthier and more secure retirement for former employees, reinforcing the importance of supporting those who have dedicated their careers to the employer.




This information is meant to be a general summary of Employer Contribution Veba Trust Seattle. 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
$635,436 (2022)
Expenses
$256,932 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $480,827
  • Program Service Revenue: $154,609
  • Gross Receipts: $1,704,978

Assets and Liabilities:

  • Total Assets: $9,057,749
  • Total Liabilities: $0
  • Net Assets: $9,057,749

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Programs

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

Employer Contributions

Revenue

$154,609

Organization Details

Founding Year

2006

Principal Officer

Terry Winn

Main Address

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

NTEE Category

Code: Y43 - Mutual benefit

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