The Boeing Company Veba Master Trust

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

EIN: 113601529 ✦ Brooklyn, NY ✦ Designated as a 501(c)(9)

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Overview

What is The Boeing Company Veba Master Trust?

The Boeing Company Veba Master Trust is a nonprofit organization headquartered in the sixth floor of Chase Metrotech Center, Brooklyn, New York (NY), with a ZIP code of 11245. Its primary mission is to offer medical, dental, and vision benefits to active and retired employees of The Boeing Company and their families, as applicable, in accordance with the terms of the Boeing Company Veba Master Trust Agreement. The organization focuses on providing essential healthcare services to its participants.

Is The Boeing Company Veba Master Trust legitimate?

The Boeing Company Veba Master Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. The Boeing Company Veba Master Trust 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: $24,460
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of The Boeing Company Veba Master Trust?

The Boeing Company Veba Master Trust is dedicated to delivering medical, dental, and vision benefits for both active and retired participants, as well as their families. According to its mission description, the trust aims to ensure access to these essential health services for a substantial number of individuals. The Boeing Company's Veba Master Trust agreement sets the terms for providing these benefits to its participants. By focusing on healthcare, the trust plays a crucial role in improving overall wellbeing and quality of life for those associated with the organization.

Who is the CEO of The Boeing Company Veba Master Trust?

Andrew Ward The Boeing Co is the Principal Officer of The Boeing Company Veba Master Trust.

What is the revenue of The Boeing Company Veba Master Trust?

The Boeing Company Veba Master Trust's revenue in 2022 was $2,591,127,299.

Who are the executives of The Boeing Company Veba Master Trust and what are their salaries?


There is 1 key member and their salary:


Jpmorgan Chase Bank Na (Trustee)
  • Compensation: $24,460
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Boeing Company Veba Master Trust?

The Boeing Company Veba Master Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The Boeing Company Veba Master Trust

The Boeing Company Veba Master Trust is a mission-driven organization dedicated to providing essential medical, dental, and vision benefits to both active and retired participants and their families. Established under the terms of the Boeing Company Veba Master Trust Agreement, this entity is committed to ensuring the well-being of its members by offering a comprehensive range of benefits.

In more detail, The Boeing Company Veba Master Trust works tirelessly to extend access to vital healthcare services, encompassing medical, dental, and vision coverage, to the beneficiaries of The Boeing Company. This nonprofit trust strives to maintain the health and wellness of its constituents, offering them security and peace of mind as they navigate through different stages of their lives.

By providing these essential benefits, The Boeing Company Veba Master Trust plays a pivotal role in fostering a sense of well-being and stability among its members and their families. The organization's reach extends beyond the workplace, touching the lives of those connected to The Boeing Company, ensuring that they have access to the healthcare services they need to live healthy, fulfilling lives.

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Impact




October, 2024

The Boeing Company Veba Master Trust plays a crucial role in enhancing the quality of life for active and retired participants and their families by providing essential medical, dental, and vision benefits. By ensuring these benefits are accessible, the trust supports the well-being and health of individuals associated with The Boeing Company. This comprehensive coverage fosters greater financial security and peace of mind for participants and their families, allowing them to focus on their health needs without the burden of overwhelming medical expenses. Furthermore, by offering these benefits, the trust contributes to employee retention and satisfaction, creating a more stable workforce. Overall, the impact of the Boeing Company Veba Master Trust is significant in promoting holistic health and financial protection for those it serves.




This information is meant to be a general summary of The Boeing Company Veba Master Trust. 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
$2,591,127,299 (2022)
Expenses
$2,591,177,520 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,940
  • Program Service Revenue: $2,591,124,359
  • Gross Receipts: $2,591,127,299

Assets and Liabilities:

  • Total Assets: $170,137
  • Total Liabilities: $0
  • Net Assets: $170,137

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$2,591,121,315

EMPLOYEE CONTRIBUTIONS

Revenue

$3,044

Organization Details

Founding Year

2001

Principal Officer

Andrew Ward The Boeing Co

Main Address

4 CHASE METROTECH CENTER 6TH FLOOR, BROOKLYN, NY, 11245

NTEE Category

Code: Y43 - Mutual benefit

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