Cheshire Retirement Police Veba

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

EIN: 061614222 ✦ Milwaukee, WI ✦ Designated as a 501(c)(9)

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Overview

What is Cheshire Retirement Police Veba?

Cheshire Retirement Police Veba is a nonprofit organization, specifically designed to support Cheshire police officers in their post-retirement phase. Based in Milwaukee, Wisconsin, the organization's primary mission is to provide medical insurance benefits and, in certain cases, severance pay benefits to these retired officers. This assistance aims to ensure that retired police officers in Cheshire maintain a certain level of healthcare coverage, contributing to their overall well-being and financial security in retirement.

Is Cheshire Retirement Police Veba legitimate?

Cheshire Retirement Police Veba is a legitimate nonprofit organization registered as a 501(c)(9) entity. Cheshire Retirement Police Veba 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 Cheshire Retirement Police Veba?

Cheshire Retirement Police Veba is an organization dedicated to providing post-retirement benefits to Cheshire police officers. Specifically, they offer medical insurance benefits and, in some cases, severance pay benefits to retired police officers. Their mission is to ensure that these officers continue to have access to necessary medical care after their retirement, thereby maintaining their wellbeing and quality of life. By providing these benefits, Cheshire Retirement Police Veba demonstrates its commitment to supporting the police community, recognizing their service and sacrifices, and ensuring their financial security in retirement.

Who is the CEO of Cheshire Retirement Police Veba?

Laura Vogel is the Principal Officer of Cheshire Retirement Police Veba.

What is the revenue of Cheshire Retirement Police Veba?

Cheshire Retirement Police Veba's revenue in 2022 was $206,138.

Who are the executives of Cheshire Retirement Police Veba and what are their salaries?


There is 1 key member and their salary:


Bmo Harris Bank Na (Trustee)
  • Compensation: $7,799
  • Related: $0
  • Other: $0
Where can I find the form 990 for Cheshire Retirement Police Veba?

Cheshire Retirement Police Veba's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Cheshire Retirement Police Veba

Cheshire Retirement Police Veba, a nonprofit organization, is dedicated to providing post-retirement medical insurance benefits and, in certain circumstances, severance pay benefits to retired Cheshire police officers. This organization serves as a safety net for these retired officers, ensuring they continue to receive necessary medical coverage and financial assistance after their active service. The mission of Cheshire Retirement Police Veba is to provide the necessary support and benefits to these officers, helping them maintain a decent standard of living post-retirement.

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Impact




October, 2024

Cheshire Retirement Police VEBA significantly impacts the financial and healthcare security of retired Cheshire police officers. By providing post-retirement medical insurance benefits and severance pay, it ensures that officers can transition into retirement with an essential safety net. This support alleviates the financial burdens associated with healthcare costs, allowing former officers to focus on their health and well-being without the added stress of medical expenses. The program fosters a sense of community and mutual benefit among retired officers, reinforcing their sacrifices while serving. Overall, the VEBA enhances the quality of life for these individuals in their post-career years.




This information is meant to be a general summary of Cheshire Retirement Police Veba. 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
$206,138 (2022)
Expenses
$131,208 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $65,893
  • Program Service Revenue: $140,245
  • Gross Receipts: $299,762

Assets and Liabilities:

  • Total Assets: $716,919
  • Total Liabilities: $0
  • Net Assets: $716,919

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Programs

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

EMPLOYEE CONTRIB

Revenue

$68,408

EMPLOYER CONTRIB

Revenue

$71,837

Organization Details

Founding Year

2001

Principal Officer

Laura Vogel

Main Address

c/o TMI Trust Co 115 S 84th St, Milwaukee, WI, 53214

NTEE Category

Code: Y20 - Mutual benefit

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