Employee Contribution Veba Trust Illinois

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

EIN: 047026325 ✦ Charlotte, NC ✦ Designated as a 501(c)(9)

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Overview

What is Employee Contribution Veba Trust Illinois?

Employee Contribution Veba Trust Illinois is a nonprofit organization situated in Charlotte, North Carolina. This fraternal beneficiary society and voluntary employees association primarily focuses on providing health benefits and managing insurance premiums for its members. Operating as a collective, it ensures the well-being of its members in a holistic manner.

Is Employee Contribution Veba Trust Illinois legitimate?

Employee Contribution Veba Trust Illinois is a legitimate nonprofit organization registered as a 501(c)(9) entity. Employee Contribution Veba Trust Illinois 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.

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

Employee Contribution Veba Trust Illinois, as an organization, is primarily focused on providing health benefits and managing insurance premiums for its members. Operating as a fraternal beneficiary society and voluntary employees association, it offers these services to its members. The organization's mission can be summarized as prioritizing the well-being of its members by managing their health benefits and insurance needs. While the information provided does not include explicit details about advocacy, research, or community outreach, it is clear that Employee Contribution Veba Trust Illinois serves its members by managing their health-related financial obligations.

Who is the CEO of Employee Contribution Veba Trust Illinois?

Unavailable

What is the revenue of Employee Contribution Veba Trust Illinois?

Employee Contribution Veba Trust Illinois's revenue in 2022 was $25,508.

Who are the executives of Employee Contribution Veba Trust Illinois and what are their salaries?


There is 1 key member and their salary:


Tiaa Trust Na (Trustee)
  • Compensation: $750
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Employee Contribution Veba Trust Illinois?

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

Mission Statement of Employee Contribution Veba Trust Illinois

Employee Contribution Veba Trust Illinois, as a fraternal beneficiary society and voluntary employees association, is dedicated to providing its members with health benefits and insurance premiums. This nonprofit organization operates with the primary objective of supporting its members' health and wellbeing financially, serving as a valuable resource in their lives. By operating as a fraternal beneficiary society, Employee Contribution Veba Trust Illinois fosters a sense of community and mutual support among its members. As a voluntary employees association, it provides members with the opportunity to participate actively in shaping their health benefits and insurance coverage, ensuring their needs are met effectively.

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Impact




October, 2024

Employee Contribution Veba Trust Illinois significantly impacts its members by providing essential health benefits and covering insurance premiums. As a fraternal beneficiary society and voluntary employees association, it fosters a sense of community and mutual support among its members. By paying for health-related expenses, the organization alleviates financial burdens, contributing to the overall well-being of individuals and families.

The trust ensures that members have access to necessary healthcare services, protecting them from high out-of-pocket costs. This not only enhances their quality of life but also promotes healthier communities overall. By pooling resources and sharing costs, it enables members to enjoy benefits that might be difficult or impossible to obtain individually, further reinforcing the importance of collective wellbeing.

Moreover, the organization plays a critical role in promoting financial security for its members, ultimately providing peace of mind regarding healthcare coverage. Its operations in Charlotte, NC, highlight its commitment to supporting the health and welfare of employees across various sectors in the region.




This information is meant to be a general summary of Employee Contribution Veba Trust Illinois. 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
$25,508 (2022)
Expenses
$26,735 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,727
  • Program Service Revenue: $23,711
  • Gross Receipts: $54,220

Assets and Liabilities:

  • Total Assets: $30,660
  • Total Liabilities: $0
  • Net Assets: $30,660

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Organization Details

Main Address

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

NTEE Category

Code: Y40 - Mutual benefit

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