Employer Connecticut Veba Trust Connecticut College

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

EIN: 047025787 ✦ Charlotte, NC ✦ Designated as a 501(c)(9)

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Overview

What is Employer Connecticut Veba Trust Connecticut College?

Employer Connecticut Veba Trust Connecticut College is a nonprofit organization, specifically established to offer retiree health benefits to the former employees of the associated employer and their dependents. Located in Charlotte, North Carolina, this trust provides a range of health benefits, which may extend beyond just retirement care, as detailed in their plan documentation. The trust's mission is centered around ensuring the well-being of its beneficiaries, offering essential healthcare services and support for their retirement years.


Official website here: www.conncoll.edu

Is Employer Connecticut Veba Trust Connecticut College legitimate?

Employer Connecticut Veba Trust Connecticut College is a legitimate nonprofit organization registered as a 501(c)(9) entity. Employer 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 Employer Connecticut Veba Trust Connecticut College?

The Employer Connecticut Veba Trust Connecticut College's primary mission is to extend retiree health benefits to its former employees, their spouses, and dependent family members. While the provision of additional benefits may be outlined in the plan document, the primary focus is on healthcare coverage for retirees. The trust pays health benefits and insurance premiums on behalf of its members, ensuring they maintain access to necessary healthcare services.


Official website here: www.conncoll.edu

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

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


Official website here: www.conncoll.edu

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

Employer Connecticut Veba Trust Connecticut College's revenue in 2022 was $560,754.


Official website here: www.conncoll.edu

Who are the executives of Employer 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 Employer Connecticut Veba Trust Connecticut College?

Employer 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 Employer Connecticut Veba Trust Connecticut College

Employer Connecticut Veba Trust Connecticut College is an organization dedicated to providing retiree health benefits. Its primary mission is to extend these benefits to the former employees of the employer, as well as their spouses and dependent family members. The trust goes beyond health benefits, offering additional perks as outlined in the plan document. The main activity of this organization revolves around paying health insurance premiums and providing health benefits to its members. This ensures that the retired employees and their families continue to have access to essential health services post-employment.

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Impact




October, 2024

Employer Connecticut VEBA Trust Connecticut College significantly impacts the lives of former employees by ensuring they have access to essential retiree health benefits. By providing health benefits and assistance with insurance premiums, it enhances the financial security and well-being of retirees, their spouses, and dependents. This support helps alleviate the burden of healthcare costs, allowing former employees to focus on their health and quality of life during retirement. The trust plays a vital role in fostering a sense of security and mutual benefit among its members, reinforcing the value of the employer-employee relationship even after retirement.




This information is meant to be a general summary of Employer 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
$560,754 (2022)
Expenses
$231,347 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $192,807
  • Program Service Revenue: $367,693
  • Gross Receipts: $900,045

Assets and Liabilities:

  • Total Assets: $3,768,349
  • Total Liabilities: $0
  • Net Assets: $3,768,349

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$367,693

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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