Overview
What is Employer Contribution Veba Trust Ithaca?
Employer Contribution Veba Trust Ithaca is a nonprofit organization, primarily established to cater to the retiree health benefits of an employer's former employees, their spouses, and dependents. Located in Charlotte, North Carolina, this trust ensures the well-being of its beneficiaries by covering their health benefits and insurance premiums. While the primary focus is on healthcare, the trust might also offer additional benefits, as outlined in its plan document.
Official website here: www.ithaca.edu
Is Employer Contribution Veba Trust Ithaca legitimate?
Employer Contribution Veba Trust Ithaca is a legitimate nonprofit organization registered as a 501(c)(9) entity. Employer 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 Employer Contribution Veba Trust Ithaca?
The Employer Contribution Veba Trust Ithaca is dedicated to providing retiring employees, along with their spouses and dependents, with health benefits. Beyond health benefits, additional perks may be offered as outlined in the plan documents. The primary focus is on paying health insurance premiums for its members.
Official website here: www.ithaca.edu
Who is the CEO of Employer Contribution Veba Trust Ithaca?
Kirra Franzese is the Principal Officer of Employer Contribution Veba Trust Ithaca.
Official website here: www.ithaca.edu
What is the revenue of Employer Contribution Veba Trust Ithaca?
Employer Contribution Veba Trust Ithaca's revenue in 2022 was $609,977.
Official website here: www.ithaca.edu
Who are the executives of Employer Contribution Veba Trust Ithaca and what are their salaries?
There is 1 key member and their salary:
- Compensation: $750
- Related: $0
- Other: $0
Official website here: www.ithaca.edu
Where can I find the form 990 for Employer Contribution Veba Trust Ithaca?
Employer 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 Employer Contribution Veba Trust Ithaca
Employer Contribution Veba Trust Ithaca, as a nonprofit organization, is committed to providing retiree health benefits to the former employees and their dependents of a certain employer. Beyond health benefits, the trust may offer additional advantages, as detailed in the plan document. The primary mission of this organization is to ensure the well-being of its members by covering their healthcare needs and paying for their insurance premiums. By offering these benefits, Employer Contribution Veba Trust Ithaca aims to support its members during their retirement years, allowing them to maintain their health and quality of life. The trust's mission is essential in providing a sense of security and stability to its members, who may otherwise face financial challenges due to the increased healthcare costs associated with retirement.
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Impact
October, 2024
Employer Contribution VEBA Trust Ithaca plays a crucial role in ensuring the well-being of former employees and their families by providing essential retiree health benefits. Its primary focus is on delivering health benefits and covering insurance premiums for retirees, spouses, and dependents, which significantly alleviates the financial burden associated with healthcare costs during retirement.
By offering these benefits, the Trust fosters a sense of security and stability for retirees, enabling them to access necessary medical care without the fear of exorbitant expenses. This impact extends beyond individual health, contributing to overall community well-being as healthier retirees can maintain more active and engaged lives. Additionally, the Trust may offer other benefits as outlined in the plan, further enhancing the support available to members and reinforcing the commitment to their long-term needs. This creates a mutual benefit dynamic, ultimately strengthening the bonds within the community.
This information is meant to be a general summary of Employer 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $392,002
- Program Service Revenue: $217,975
- Gross Receipts: $2,526,275
Assets and Liabilities:
- Total Assets: $7,263,937
- Total Liabilities: $0
- Net Assets: $7,263,937
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Employer Contributions
Revenue
$217,975
Organization Details
Founding Year
2007
Phone
(877) 535-3910Principal Officer
Kirra Franzese
Main Address
8625 ANDREW CARNEGIE BLVD ATTN CORP, CHARLOTTE, NC, 28262
Website
www.ithaca.eduNTEE Category
Code: Y43 - Mutual benefit
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