Overview
What is Carpenter Technology Corporation-Post Retirement Veba Trust?
Carpenter Technology Corporation-Post Retirement Veba Trust is a nonprofit organization based in Reading, Pennsylvania. Their primary mission, as stated in the information, is to provide post-retirement benefits to eligible individuals, following the guidelines set by the Carpenter Technology Corporation Veba Trust. This organization serves as a financial resource for retired employees, ensuring they receive the benefits they are entitled to. The exact nature of these benefits is not specified in the provided information.
Is Carpenter Technology Corporation-Post Retirement Veba Trust legitimate?
Carpenter Technology Corporation-Post Retirement Veba Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Carpenter Technology Corporation-Post Retirement Veba 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: $16,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Carpenter Technology Corporation-Post Retirement Veba Trust?
The Carpenter Technology Corporation-Post Retirement Veba Trust has a primary objective to dispense post-retirement benefits to eligible individuals. This mission is carried out in accordance with the Carpenter Technology Corporation Veba Trust. The trust's primary activity revolves around the payment of post-retirement benefits to eligible individuals.
Who is the CEO of Carpenter Technology Corporation-Post Retirement Veba Trust?
Michael Haney is the Trustee of Carpenter Technology Corporation-Post Retirement Veba Trust.
What is the revenue of Carpenter Technology Corporation-Post Retirement Veba Trust?
Carpenter Technology Corporation-Post Retirement Veba Trust's revenue in 2022 was $8,543,048.
Who are the executives of Carpenter Technology Corporation-Post Retirement Veba Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $16,500
- Related: $0
- Other: $0
Where can I find the form 990 for Carpenter Technology Corporation-Post Retirement Veba Trust?
Carpenter Technology Corporation-Post Retirement Veba Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Carpenter Technology Corporation-Post Retirement Veba Trust
Carpenter Technology Corporation-Post Retirement Veba Trust is an organization dedicated to fulfilling a primary exempt purpose. This purpose primarily involves the payment of post-retirement benefits to eligible individuals, as outlined in the Carpenter Technology Corporation Veba Trust. The trust ensures the continuation of financial support for retirees, adhering to the terms set forth within its establishment.
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Impact
October, 2024
Carpenter Technology Corporation-Post Retirement VEBA Trust plays a vital role in ensuring that eligible individuals receive post-retirement benefits. By providing financial support for retirees, it enhances their quality of life and offers peace of mind during their retirement years. The trust focuses on fulfilling its mission to disburse these benefits, which may include healthcare support and other essential services. Located in Reading, PA, it serves as a financial safety net, thereby fostering a sense of security among retirees and their families. This commitment to supporting former employees reflects the corporation's recognition of their contributions and the importance of ensuring their well-being after leaving the workforce.
This information is meant to be a general summary of Carpenter Technology Corporation-Post Retirement Veba 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $6,114,377
- Program Service Revenue: $2,428,671
- Gross Receipts: $20,927,351
Assets and Liabilities:
- Total Assets: $112,224,897
- Total Liabilities: $56,492
- Net Assets: $112,168,405
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DEATH BENEFITS RECEIVED
Revenue
$2,428,671
Organization Details
Founding Year
1995
Phone
(610) 208-3034Principal Officer
Michael Haney
Main Address
PO BOX 14662, READING, PA, 196124662
NTEE Category
Code: Y40 - Mutual benefit
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