Employee Contribution Veba Trust Ithaca

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

EIN: 047024786 ✦ Charlotte, NC ✦ Designated as a 501(c)(9)

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Overview

What is Employee Contribution Veba Trust Ithaca?

Employee Contribution Veba Trust Ithaca is a nonprofit organization, specifically designed to offer health benefits and insurance premiums to the former employees and their dependents of a certain employer. Located in Charlotte, North Carolina, its primary mission is to provide retirement health benefits, although additional benefits may be included as outlined in the plan document. The trust aims to support the well-being of its members, ensuring they maintain access to essential healthcare services post-employment.


Official website here: www.ithaca.edu

Is Employee Contribution Veba Trust Ithaca legitimate?

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

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

The Employee Contribution Veba Trust Ithaca is committed to providing retiree health benefits to former employees of the affiliated company, as well as their spouses and dependents. While the primary focus is on healthcare benefits, additional benefits may be offered as outlined in the plan document. The trust pays for members' health insurance premiums as part of its mission.


Official website here: www.ithaca.edu

Who is the CEO of Employee Contribution Veba Trust Ithaca?

Kirra Franzese is the Principal Officer of Employee Contribution Veba Trust Ithaca.


Official website here: www.ithaca.edu

What is the revenue of Employee Contribution Veba Trust Ithaca?

Employee Contribution Veba Trust Ithaca's revenue in 2022 was $164,111.


Official website here: www.ithaca.edu

Who are the executives of Employee Contribution Veba Trust Ithaca 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.ithaca.edu

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

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


Official website here: www.ithaca.edu

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

Mission Statement of Employee Contribution Veba Trust Ithaca

Employee Contribution Veba Trust Ithaca, as a nonprofit entity, is committed to providing retiree health benefits to the former employees and their dependents of an unspecified employer. The organization goes beyond just health benefits, as outlined in its plan document, by potentially offering additional advantages to its members. The primary mission of Employee Contribution Veba Trust Ithaca is to ensure that its beneficiaries, which include spouses and dependents of the former employees, maintain access to essential health benefits and insurance coverage post-employment. The trust actively manages and pays for these health benefits and insurance premiums on behalf of its members, thus providing a crucial safety net for them.

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Impact




October, 2024

Employee Contribution VEBA Trust Ithaca plays a crucial role in supporting the health and well-being of retired employees, their spouses, and dependents. By providing retiree health benefits and assistance with insurance premiums, the trust ensures that former employees can access necessary medical care without the burden of excessive costs. This support enhances the quality of life for retirees, allowing them to enjoy a more secure and stable retirement.

The trust’s mission helps foster a sense of community and appreciation among the employer's former workforce, recognizing their contributions during their active years. Additionally, by focusing on retiree health benefits, the trust contributes to reducing the financial stress associated with healthcare expenses, making it easier for retirees to maintain their health and overall well-being. Overall, Employee Contribution VEBA Trust Ithaca significantly impacts its members by prioritizing their health security in retirement.




This information is meant to be a general summary of Employee Contribution Veba Trust Ithaca. 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
$164,111 (2022)
Expenses
$178,152 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $43,372
  • Program Service Revenue: $120,739
  • Gross Receipts: $430,379

Assets and Liabilities:

  • Total Assets: $705,504
  • Total Liabilities: $0
  • Net Assets: $705,504

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Programs

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

Employee Contributions

Revenue

$120,739

Organization Details

Founding Year

2007

Principal Officer

Kirra Franzese

Main Address

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

NTEE Category

Code: Y43 - Mutual benefit

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