Overview
What is Southern California Gas Company Veba Retiree Medical Trust?
The Southern California Gas Company Veba Retiree Medical Trust is a nonprofit organization that serves as a fraternal beneficiary society and voluntary employees association. Its primary mission is to offer medical, dental, and life insurance benefits to its members. The Trust operates based on disbursements, providing essential care and protection to its members. It functions as a supportive network for retirees, ensuring they maintain their health and well-being through these insurance benefits.
Is Southern California Gas Company Veba Retiree Medical Trust legitimate?
Southern California Gas Company Veba Retiree Medical Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Southern California Gas Company Veba Retiree Medical 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: $34,153
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Southern California Gas Company Veba Retiree Medical Trust?
The Southern California Gas Company Veba Retiree Medical Trust is dedicated to providing essential medical, dental, and life insurance benefits to its members. Acting as a fraternal beneficiary society and voluntary employees association, the trust disburses these benefits to ensure the well-being of its members. Its primary mission is to safeguard the healthcare and financial security of its members, providing them with peace of mind and necessary support. The trust operates with the goal of maintaining a strong and supportive community for its members, addressing their health and insurance needs effectively.
Who is the CEO of Southern California Gas Company Veba Retiree Medical Trust?
James Mahoney is the Trustee of Southern California Gas Company Veba Retiree Medical Trust.
What is the revenue of Southern California Gas Company Veba Retiree Medical Trust?
Southern California Gas Company Veba Retiree Medical Trust's revenue in 2022 was $4,765,199.
Who are the executives of Southern California Gas Company Veba Retiree Medical Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Southern California Gas Company Veba Retiree Medical Trust?
Southern California Gas Company Veba Retiree Medical Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Southern California Gas Company Veba Retiree Medical Trust
The Southern California Gas Company Veba Retiree Medical Trust, functioning as a fraternal beneficiary society and voluntary employees association, is dedicated to providing essential medical, dental, and life insurance benefits to its members. This nonprofit organization disburses these benefits to ensure the well-being and security of its members, serving as a vital resource in maintaining their overall health and peace of mind.
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Impact
October, 2024
The Southern California Gas Company VEBA Retiree Medical Trust plays a crucial role in supporting retirees by offering essential medical, dental, and life insurance benefits. By providing these disbursements, the Trust ensures that members can access necessary healthcare services and maintain their well-being after retirement. This support enhances the quality of life for retirees and helps alleviate the financial burdens associated with medical care. Additionally, the Trust fosters a sense of community among its members, contributing to a supportive network that is vital for retirees navigating post-employment challenges. Overall, the impact of the VEBA Trust is significant in promoting health security and peace of mind for retirees in the San Diego area and beyond.
This information is meant to be a general summary of Southern California Gas Company Veba Retiree Medical 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: -$3,594,774
- Program Service Revenue: $8,196,373
- Gross Receipts: $44,006,415
Assets and Liabilities:
- Total Assets: $520,393,559
- Total Liabilities: $6,652,008
- Net Assets: $513,741,551
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RETIREE CONTRIBUTIONS
Revenue
$8,196,373
Organization Details
Founding Year
1992
Phone
(619) 696-2250Principal Officer
James Mahoney
Main Address
488 8TH AVENUE ATTN HQ08N1, SAN DIEGO, CA, 921017123
NTEE Category
Code: Y40 - Mutual benefit
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