Overview
What is Employer Contribution Veba Trust Illinois?
Employer Contribution Veba Trust Illinois is a nonprofit organization situated in Charlotte, North Carolina. Its primary mission is to offer retirement health benefits to the former employees of its employer, as well as their spouses and dependents. These benefits may extend beyond health care, as outlined in the plan documents. The trust aims to provide a safety net for its beneficiaries, ensuring they maintain adequate health coverage during their retirement years.
Official website here: www.iwu.edu
What do the Facebook reviews say about Employer Contribution Veba Trust Illinois?
94% of 326 reviewers on Facebook recommend Employer Contribution Veba Trust Illinois. Many individuals express their satisfaction with the education offered, highlighting its effectiveness in preparing them for further academic pursuits, such as graduate school.
Additionally, some reviewers fondly reflect on their experiences, including significant community involvement, which suggests a positive connection with the nonprofit's mission. Overall, the sentiments indicate a strong appreciation for the services provided and the supportive environment fostered by the organization.
This AI summary has been generated from reviews found on Facebook.
Is Employer Contribution Veba Trust Illinois legitimate?
Employer Contribution Veba Trust Illinois is a legitimate nonprofit organization registered as a 501(c)(9) entity. Employer Contribution Veba Trust Illinois 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.iwu.edu
What is the mission statement of Employer Contribution Veba Trust Illinois?
The Employer Contribution Veba Trust Illinois is dedicated to providing retiree health benefits for its former employees, their spouses, and dependents. While the trust primarily focuses on healthcare benefits and insurance premiums, it may offer additional benefits as outlined in the plan document. The purpose of this trust is to ensure the well-being and health coverage of the eligible individuals after their employment with the employer has ended.
Official website here: www.iwu.edu
Who is the CEO of Employer Contribution Veba Trust Illinois?
Georgia Nugent is the Principal Officer of Employer Contribution Veba Trust Illinois.
Official website here: www.iwu.edu
What is the revenue of Employer Contribution Veba Trust Illinois?
Employer Contribution Veba Trust Illinois's revenue in 2022 was $216,690.
Official website here: www.iwu.edu
Who are the executives of Employer Contribution Veba Trust Illinois and what are their salaries?
There is 1 key member and their salary:
- Compensation: $750
- Related: $0
- Other: $0
Official website here: www.iwu.edu
Where can I find the form 990 for Employer Contribution Veba Trust Illinois?
Employer Contribution Veba Trust Illinois's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.iwu.edu
Learn more at the official website: www.iwu.edu
Mission Statement of Employer Contribution Veba Trust Illinois
Employer Contribution Veba Trust Illinois, as a nonprofit organization, is dedicated to providing retiring employees and their families with essential health benefits. This mission extends to the former employees themselves, as well as their spouses and dependent children. While the trust primarily focuses on health benefits, it may also offer additional perks as outlined in the plan document. The organization takes care of paying the health insurance premiums for its members, ensuring they have access to necessary medical coverage.
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Impact
October, 2024
Employer Contribution VEBA Trust Illinois significantly impacts the well-being of former employees by providing essential healthcare benefits, ensuring that retirees and their spouses or dependents can access necessary medical care. This assistance alleviates financial pressures associated with health insurance premiums, allowing retirees to maintain a higher quality of life during retirement. By fulfilling the mission of offering retiree health benefits, the trust plays a pivotal role in enhancing retirees' security and peace of mind, promoting overall community wellness. In addition to health benefits, the trust may offer various other benefits as outlined in its plan, further supporting its members and contributing to their long-term health and financial stability.
This information is meant to be a general summary of Employer 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $216,690
- Gross Receipts: $620,879
Assets and Liabilities:
- Total Assets: $4,325,482
- Total Liabilities: $0
- Net Assets: $4,325,482
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Organization Details
Founding Year
2007
Phone
(877) 535-3910Principal Officer
Georgia Nugent
Main Address
8625 ANDREW CARNEGIE BLVD ATTNCORP, CHARLOTTE, NC, 28262
Website
www.iwu.eduNTEE Category
Code: Y43 - Mutual benefit
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