Employee Contribution Veba Trust University

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

EIN: 047024792 ✦ Charlotte, NC ✦ Designated as a 501(c)(9)

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Overview

What is Employee Contribution Veba Trust University?

Employee Contribution Veba Trust University is a nonprofit organization that primarily offers retiree health benefits to former employees of an employer, as well as their spouses and dependents. While the plan document may include additional benefits, the primary focus is on providing health benefits and covering insurance premiums for its members. This charitable entity aims to support the well-being of its beneficiaries in their retirement years.


Official website here: www.evansville.edu

Is Employee Contribution Veba Trust University legitimate?

Employee Contribution Veba Trust University is a legitimate nonprofit organization registered as a 501(c)(9) entity. Employee Contribution Veba Trust University submitted a form 990EZ, 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.


Official website here: www.evansville.edu

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

The Employee Contribution Veba Trust University's mission is centered around providing retiree health benefits. This includes covering the healthcare needs and paying for insurance premiums for the employer's former employees, their spouses, and dependents. While the trust may offer additional benefits as outlined in the plan document, its primary focus revolves around providing health-related benefits to its members.


Official website here: www.evansville.edu

Who is the CEO of Employee Contribution Veba Trust University?

Unavailable


Official website here: www.evansville.edu

What is the revenue of Employee Contribution Veba Trust University?

Employee Contribution Veba Trust University's revenue in 2022 was $104,868.


Official website here: www.evansville.edu

Who are the executives of Employee Contribution Veba Trust University 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.evansville.edu

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

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


Official website here: www.evansville.edu

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

Mission Statement of Employee Contribution Veba Trust University

Employee Contribution Veba Trust University, as its mission states, is dedicated to providing retiree health benefits to the former employees of its employer, along with their spouses and dependents. This organization goes beyond just health benefits, as it may also offer various other benefits as outlined in its plan document. The Trust pays for health benefits and insurance premiums for its members, ensuring that retired employees can maintain their well-being and quality of life post-employment.

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Impact




October, 2024

Employee Contribution VEBA Trust University plays a significant role in supporting the health and well-being of former employees and their families by offering vital retiree health benefits. By providing insurance premiums and health benefits, the trust ensures that retirees, their spouses, and dependents have access to necessary medical care, which is crucial in maintaining their quality of life post-employment.

The impact extends beyond just financial support; it fosters a sense of security and peace of mind for members during their retirement years. The structured benefits outlined in the plan document help to address the specific needs of retirees, making healthcare more accessible and reducing the burden of medical expenses.

Moreover, by focusing on mutual benefit, the organization strengthens the relationship between former employees and their employer, creating a supportive community that values the well-being of its members. This initiative ultimately contributes to the overall health sustainability of retirees, allowing them to enjoy their retirement years with reduced worry about healthcare costs.




This information is meant to be a general summary of Employee Contribution Veba Trust University. 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
$104,868 (2022)
Expenses
$83,090 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $14,927
  • Program Service Revenue: $89,918
  • Gross Receipts: $196,810

Assets and Liabilities:

  • Total Assets: $289,311
  • Total Liabilities: $0
  • Net Assets: $289,311

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Organization Details

Main Address

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

NTEE Category

Code: Y43 - Mutual benefit

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