Employee Connecticut Veba Trust Connecticut College

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

EIN: 047025786 ✦ Charlotte, NC ✦ Designated as a 501(c)(9)

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Overview

What is Employee Connecticut Veba Trust Connecticut College?

Employee Connecticut Veba Trust Connecticut College is a nonprofit organization, specifically designed to provide retiree health benefits to the former employees and their dependents of an unspecified employer. Located in Charlotte, North Carolina, the trust offers a range of health benefits, going beyond just medical coverage as outlined in its plan documentation. The trust's mission is to ensure the well-being of its members, providing them with essential healthcare services as they transition into retirement.


Official website here: www.conncoll.edu

Is Employee Connecticut Veba Trust Connecticut College legitimate?

Employee Connecticut Veba Trust Connecticut College is a legitimate nonprofit organization registered as a 501(c)(9) entity. Employee Connecticut Veba Trust Connecticut College 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.conncoll.edu

What is the mission statement of Employee Connecticut Veba Trust Connecticut College?

The Employee Connecticut Veba Trust, aimed at serving a specific organization, is committed to providing retiree health benefits. This extends to the former employees, their spouses, and dependents. Beyond health benefits, additional perks might be offered, as outlined in the plan document. The trust's main task involves managing and paying for health benefits and insurance premiums for its members.


Official website here: www.conncoll.edu

Who is the CEO of Employee Connecticut Veba Trust Connecticut College?

Reginald White is the Principal Officer of Employee Connecticut Veba Trust Connecticut College.


Official website here: www.conncoll.edu

What is the revenue of Employee Connecticut Veba Trust Connecticut College?

Employee Connecticut Veba Trust Connecticut College's revenue in 2022 was $319,916.


Official website here: www.conncoll.edu

Who are the executives of Employee Connecticut Veba Trust Connecticut College and what are their salaries?


Here are 2 key members and their salaries:


Tiaa Trust Company (Fsb Trustee)
  • Compensation: $750
  • Related: $0
  • Other: $0
Connecticut College (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.conncoll.edu

Where can I find the form 990 for Employee Connecticut Veba Trust Connecticut College?

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


Official website here: www.conncoll.edu

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

Mission Statement of Employee Connecticut Veba Trust Connecticut College

Employee Connecticut Veba Trust Connecticut College is an organization dedicated to providing retired health benefits to the former employees of an employer, as well as their spouses and dependents. This trust aims to offer a range of benefits, not just limited to healthcare, as outlined in the plan document. Its primary mission is to ensure the well-being of the retired employees and their families, providing them with necessary health benefits and insurance premiums. The trust serves as a safety net, offering financial and healthcare support during their post-employment years. It is essential to note that while health benefits are the primary focus, other benefits may be provided in accordance with the stipulations outlined in the plan document.

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Impact




October, 2024

Employee Connecticut VEBA Trust Connecticut College significantly impacts the lives of former employees by providing essential retiree health benefits to them, as well as their spouses and dependents. This support helps ensure that individuals can access necessary health services and manage healthcare costs effectively after leaving the workforce. By delivering health benefits and covering insurance premiums, the trust plays a vital role in enhancing the financial and physical well-being of retirees, allowing them to enjoy their retirement years with greater peace of mind. Additionally, the flexibility to include other benefits as outlined in the plan documents further enriches the overall support offered, addressing a wider range of needs among the members.




This information is meant to be a general summary of Employee Connecticut Veba Trust Connecticut College. 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
$319,916 (2022)
Expenses
$187,493 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $36,339
  • Program Service Revenue: $283,577
  • Gross Receipts: $531,276

Assets and Liabilities:

  • Total Assets: $668,642
  • Total Liabilities: $0
  • Net Assets: $668,642

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Programs

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

EMPLOYEE CONTRIBUTIONS

Revenue

$283,577

Organization Details

Founding Year

2007

Principal Officer

Reginald White

Main Address

8625 ANDREW CARNEGIE BLVD, CHARLOTTE, NC, 28262

NTEE Category

Code: Y43 - Mutual benefit

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