Veba Trust For Union Employees Of Keyspan Corporation

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

EIN: 133914183 ✦ Pittsburgh, PA ✦ Designated as a 501(c)(9)

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Overview

What is Veba Trust For Union Employees Of Keyspan Corporation?

Veba Trust For Union Employees of Keyspan Corporation is a nonprofit organization based in Pittsburgh, Pennsylvania. This fraternal beneficiary society and voluntary employees association aims to provide essential benefits to eligible members. The organization serves as a safety net, offering various forms of support to enhance the lives of its members. The mission of Veba Trust is clear: to make a positive impact on those who are part of its community.

Is Veba Trust For Union Employees Of Keyspan Corporation legitimate?

Veba Trust For Union Employees Of Keyspan Corporation is a legitimate nonprofit organization registered as a 501(c)(9) entity. Veba Trust For Union Employees Of Keyspan Corporation 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: $98,326
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Veba Trust For Union Employees Of Keyspan Corporation?

The Veba Trust For Union Employees of Keyspan Corporation serves as a fraternal beneficiary society and volunteers association dedicated to extending benefits to eligible members. Established with a mission to help, this organization provides essential services and support to its constituents. Through collective efforts, they aim to ensure the wellbeing of their members by delivering various benefits. This Pittsburgh-based organization operates as a cohesive unit, fostering a sense of community among its members while addressing their needs. By maintaining a strong commitment to its mission, Veba Trust For Union Employees of Keyspan Corporation continues to make a difference in the lives of those it serves.

Who is the CEO of Veba Trust For Union Employees Of Keyspan Corporation?

The Bank Of New York Mellon is the Trustee (See Schedule O) of Veba Trust For Union Employees Of Keyspan Corporation.

What is the revenue of Veba Trust For Union Employees Of Keyspan Corporation?

Veba Trust For Union Employees Of Keyspan Corporation's revenue in 2022 was $111,299,046.

Who are the executives of Veba Trust For Union Employees Of Keyspan Corporation and what are their salaries?


There is 1 key member and their salary:


The Bank Of New York Mellon (Trustee (See Schedule O))
  • Compensation: $98,326
  • Related: $0
  • Other: $0
Where can I find the form 990 for Veba Trust For Union Employees Of Keyspan Corporation?

Veba Trust For Union Employees Of Keyspan Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Veba Trust For Union Employees Of Keyspan Corporation

Veba Trust For Union Employees of Keyspan Corporation, a fraternal beneficiary society and voluntary employees association, is dedicated to extending benefits to eligible members. This Pittsburgh, PA-based organization serves as a safety net for its members, ensuring they have access to essential resources when they need it most.

The mission of Veba Trust For Union Employees of Keyspan Corporation is multifaceted. It operates as a fraternal beneficiary society, which means it provides benefits and support to its members based on their shared affiliation. As a voluntary employees association, it also offers a sense of community and solidarity among its members.

The primary objective of Veba Trust For Union Employees of Keyspan Corporation is to enhance the lives of its members by offering them valuable benefits. By doing so, it fosters a sense of security and well-being among its members, who can rely on the organization to help them navigate life's challenges. In short, Veba Trust For Union Employees of Keyspan Corporation is a vital source of support for its members, empowering them to face the future with confidence and peace of mind.

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Impact




October, 2024

Veba Trust For Union Employees Of Keyspan Corporation plays a crucial role in enhancing the well-being of its eligible members by providing essential benefits. Located in Pittsburgh, PA, the organization serves as a supportive resource for union employees, ensuring they receive critical assistance and financial support when needed. By focusing on mutual benefit, the Trust fosters a sense of community among members, helping to promote a secure and stable environment. This commitment to providing benefits not only aids individual members but also strengthens the overall unity and resilience of the workforce associated with Keyspan Corporation.




This information is meant to be a general summary of Veba Trust For Union Employees Of Keyspan Corporation. 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
$111,299,046 (2022)
Expenses
$49,347,156 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $110,870,867
  • Program Service Revenue: $182,105
  • Gross Receipts: $111,299,839

Assets and Liabilities:

  • Total Assets: $1,116,270,395
  • Total Liabilities: $1,951,379
  • Net Assets: $1,114,319,016

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$119,500

EMPLOYEE CONTRIBUTIONS

Revenue

$62,605

Organization Details

Founding Year

1994

Principal Officer

The Bank Of New York Mellon

Main Address

C/O THE BNYM PO BOX 535007, PITTSBURGH, PA, 152535007

NTEE Category

Code: Y43 - Mutual benefit

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