Overview
What is Colgate-Palmolive Post Retirement Veba Trust?
The Colgate-Palmolive Post Retirement Veba Trust is a nonprofit establishment situated in New York City, specifically at 300 Park Avenue, New York, NY 10022. Its primary objective is to extend post-retirement benefits to eligible participants. This trust operates with the principal exempt purpose of providing financial assistance to retired employees, ensuring their continued welfare and support after their professional careers.
Is Colgate-Palmolive Post Retirement Veba Trust legitimate?
Colgate-Palmolive Post Retirement Veba Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Colgate-Palmolive 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: $1,250
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Colgate-Palmolive Post Retirement Veba Trust?
The Colgate-Palmolive Post Retirement Veba Trust is established with the primary objective of providing post-retirement benefits to eligible participants. This trust is committed to fulfilling this purpose by making benefit payments to qualified members. The main mission of the Colgate-Palmolive Post Retirement Veba Trust is centered around ensuring financial security and support for individuals after their retirement. It serves as a vital resource for these individuals, offering them the necessary benefits to maintain a decent standard of living during their post-retirement years.
Who is the CEO of Colgate-Palmolive Post Retirement Veba Trust?
Marty Collins is the Trustee of Colgate-Palmolive Post Retirement Veba Trust.
What is the revenue of Colgate-Palmolive Post Retirement Veba Trust?
Colgate-Palmolive Post Retirement Veba Trust's revenue in 2022 was $7,028,227.
Who are the executives of Colgate-Palmolive Post Retirement Veba Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $1,250
- Related: $0
- Other: $0
Where can I find the form 990 for Colgate-Palmolive Post Retirement Veba Trust?
Colgate-Palmolive Post Retirement Veba Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Colgate-Palmolive Post Retirement Veba Trust
The Colgate-Palmolive Post Retirement Veba Trust is established with a primary exempt purpose of providing post-retirement benefits to eligible participants. This nonprofit organization's mission is centered around ensuring the financial security of its members after their retirement. It accomplishes this by making payments to eligible individuals, fulfilling its role as a vital support system during this significant life transition.
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Impact
October, 2024
The Colgate-Palmolive Post Retirement VEBA Trust plays a significant role in supporting eligible participants by providing financial assistance for post-retirement benefits. This trust is dedicated to ensuring that retirees and former employees receive essential health care, insurance, and other benefits, thereby enhancing their quality of life and financial security after their careers. By fulfilling its mission, the VEBA Trust helps to alleviate some of the financial burdens retirees might face, promoting well-being and stability during retirement years. Its impact extends beyond individual participants, contributing to a stronger community ethos by honoring the commitment to those who dedicated their careers to Colgate-Palmolive.
This information is meant to be a general summary of Colgate-Palmolive 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: $78,810
- Program Service Revenue: $6,949,417
- Gross Receipts: $7,028,227
Assets and Liabilities:
- Total Assets: $6,799,524
- Total Liabilities: $0
- Net Assets: $6,799,524
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYEE CONTRIBUTIONS
Revenue
$6,949,417
Organization Details
Founding Year
1993
Phone
(212) 310-2000Principal Officer
Marty Collins
Main Address
300 PARK AVENUE, NEW YORK, NY, 10022
NTEE Category
Code: Y40 - Mutual benefit
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