Fidelity Welfare Benefit Plans Veba Trust

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

EIN: 047025783 ✦ Westlake, TX ✦ Designated as a 501(c)(9)

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Overview

What is Fidelity Welfare Benefit Plans Veba Trust?

Fidelity Welfare Benefit Plans Veba Trust is a nonprofit organization based in Westlake, Texas. It functions as a fraternal beneficiary society and voluntary employees association. The Trust focuses on providing health benefits for retired employees, generating a total revenue of $20,493,745 last year.

Is Fidelity Welfare Benefit Plans Veba Trust legitimate?

Fidelity Welfare Benefit Plans Veba Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Fidelity Welfare Benefit Plans Veba Trust 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

What is the mission statement of Fidelity Welfare Benefit Plans Veba Trust?

The Fidelity Welfare Benefit Plans Veba Trust functions as fraternal beneficiary societies and voluntary employees associations. They focus on providing health benefits for retired employees. The organization's primary goal is to support and assist retired employees in their post-employment years. With a strong commitment to serving their members, they aim to improve their overall well-being and ensure access to essential health services. Their mission is to contribute to the welfare and wellness of their members, offering them peace of mind during their retirement years. The organization's activities are geared towards maintaining a high quality of life for its members, enabling them to live their best lives in good health.

Who is the CEO of Fidelity Welfare Benefit Plans Veba Trust?

Roger Stiles is the Trustee of Fidelity Welfare Benefit Plans Veba Trust.

What is the revenue of Fidelity Welfare Benefit Plans Veba Trust?

Fidelity Welfare Benefit Plans Veba Trust's revenue in 2022 was $156,797,025.

Who are the executives of Fidelity Welfare Benefit Plans Veba Trust and what are their salaries?


There is 1 key member and their salary:


Roger Stiles (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Fidelity Welfare Benefit Plans Veba Trust?

Fidelity Welfare Benefit Plans Veba Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Fidelity Welfare Benefit Plans Veba Trust

The Fidelity Welfare Benefit Plans Veba Trust, headquartered in Texas, operates as fraternal beneficiary societies and voluntary employees associations. Their primary focus is on providing health benefits for retired employees. The Trust is dedicated to serving its members with compassion and commitment, ensuring they receive the care and support they deserve during their post-employment years.

The Fidelity Welfare Benefit Plans Veba Trust's mission is driven by a deep commitment to the well-being of its members. By acting as both fraternal beneficiary societies and voluntary employees associations, the organization fosters a sense of community and solidarity among its members. It strives to go beyond just offering health benefits, but also providing a support system to help its members navigate the challenges of retirement.

The Trust is dedicated to making a positive difference in the lives of its members by delivering comprehensive health benefits tailored to their unique needs. It is a testament to the organization's unwavering commitment to the wellbeing and happiness of its members, making it an essential resource for retired employees seeking security and peace of mind.

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Impact




October, 2024

Fidelity Welfare Benefit Plans Veba Trust plays a significant role in providing health benefits for retired employees, enhancing their quality of life and financial security during retirement. By acting as a fraternal beneficiary society and voluntary employees association, it facilitates access to essential health services, which can alleviate the stress often associated with managing healthcare costs.

With total revenues of $20,493,745 last year, the trust has the financial stability to support its mission effectively. Its operations in Westlake, TX, serve not only the retirees but also foster a sense of community among members, promoting mutual support and collective well-being. Overall, the trust contributes to the stability and health of retirees, allowing them to enjoy their retirement years with greater peace of mind.




This information is meant to be a general summary of Fidelity Welfare Benefit Plans Veba Trust. 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
$156,797,025 (2022)
Expenses
$19,202,016 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $11,309,435
  • Program Service Revenue: $145,428,536
  • Gross Receipts: $156,797,025

Assets and Liabilities:

  • Total Assets: $846,203,164
  • Total Liabilities: $30,817,201
  • Net Assets: $815,385,963

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$145,428,536

Organization Details

Founding Year

2007

Principal Officer

Roger Stiles

Main Address

ONE DESTINY WAY - V7E, WESTLAKE, TX, 76262

NTEE Category

Code: Y40 - Mutual benefit

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