Lvmh Moet Hennessy Louis Vuitton Inc And Affiliates Veba Trust

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

EIN: 137039406 ✦ New york, NY ✦ Designated as a 501(c)(9)

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Overview

What is Lvmh Moet Hennessy Louis Vuitton Inc And Affiliates Veba Trust?

Lvmh Moet Hennessy Louis Vuitton Inc and Affiliates Veba Trust is a nonprofit organization based in New York City, specifically at 19 East 57th Street, 5th Floor, with the ZIP code 10022. The primary focus of this trust is to offer health, dental, life insurance, disability, and various other benefits to eligible employees and retirees of LVMH Moet Hennessy Louis Vuitton Inc and its affiliates. This trust is designed to ensure these individuals have access to essential services for their overall well-being.

What are the reviews and ratings of this charity?

Lvmh Moet Hennessy Louis Vuitton Inc And Affiliates Veba Trust is not currently rated by Charity Navigator. The absence of a rating does not imply a positive or negative evaluation but rather reflects that the organization has not been assessed. Charity Navigator typically evaluates organizations registered as 501(c)(3) nonprofits, which does not apply to this trust.

Due to the classification of Lvmh Moet Hennessy Louis Vuitton Inc And Affiliates Veba Trust, it lacks available financial data such as total revenue, expenses, and key personnel salaries often used in Charity Navigator's assessment criteria. The trust is categorized as an independent organization that does not fit within typical nonprofit evaluation structures.

Furthermore, the trust is not evaluated for Leadership, Adaptability, Culture, Community, or Impact as it is not registered as a nonprofit with the IRS. Thus, traditional methodologies used by Charity Navigator for nonprofit assessments are not applicable, and no user reviews from GreatNonprofits are available.


This AI summary has been generated from information found on Charity Navigator.

Is Lvmh Moet Hennessy Louis Vuitton Inc And Affiliates Veba Trust legitimate?

Lvmh Moet Hennessy Louis Vuitton Inc And Affiliates Veba Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Lvmh Moet Hennessy Louis Vuitton Inc And Affiliates 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Lvmh Moet Hennessy Louis Vuitton Inc And Affiliates Veba Trust?

The Lvmh Moet Hennessy Louis Vuitton Inc and Affiliates Veba Trust serves as a health benefits provider. Its primary objective is to extend health, dental, optical, prescription drug, and other related benefits to eligible employees and retirees of LVMH Moet Hennessy Louis Vuitton Inc and its affiliates. The trust places significant emphasis on enhancing the well-being of its members. By offering a comprehensive range of benefits, it ensures that eligible individuals have access to essential healthcare services, thus contributing to their overall health and well-being.

Who is the CEO of Lvmh Moet Hennessy Louis Vuitton Inc And Affiliates Veba Trust?

Elodie Masse is the Trustee of Lvmh Moet Hennessy Louis Vuitton Inc And Affiliates Veba Trust.

What is the revenue of Lvmh Moet Hennessy Louis Vuitton Inc And Affiliates Veba Trust?

Lvmh Moet Hennessy Louis Vuitton Inc And Affiliates Veba Trust's revenue in 2022 was $110,646,727.

Who are the executives of Lvmh Moet Hennessy Louis Vuitton Inc And Affiliates Veba Trust and what are their salaries?


Here are 2 key members and their salaries:


Pascal Carpentier (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elodie Masse (Svp Compensation & Benefits)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lvmh Moet Hennessy Louis Vuitton Inc And Affiliates Veba Trust?

Lvmh Moet Hennessy Louis Vuitton Inc And Affiliates Veba Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Lvmh Moet Hennessy Louis Vuitton Inc And Affiliates Veba Trust

Lvmh Moet Hennessy Louis Vuitton Inc and Affiliates Veba Trust is a mission-driven organization with a primary focus on providing essential benefits to eligible employees and retirees of LVMH Moet Hennessy Louis Vuitton Inc and its affiliates.

The Veba Trust prioritizes the well-being of its beneficiaries by offering a comprehensive range of health, dental, optical, prescription drug, and other benefits. These provisions enable the employees and retirees to maintain their overall health and well-being, ensuring they have access to necessary care when they need it.

The organization's commitment to its beneficiaries extends beyond just health benefits. Lvmh Moet Hennessy Louis Vuitton Inc and Affiliates Veba Trust offers life insurance, disability, and additional benefits, ensuring its members are protected in various aspects of their lives. By providing these essential services, the Veba Trust upholds the welfare of its members and empowers them to focus on their personal and professional growth, contributing to a more productive and engaged workforce.

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Impact




October, 2024

LVMH Moet Hennessy Louis Vuitton Inc and Affiliates VEBA Trust plays a significant role in enhancing the wellbeing of its eligible employees and retirees. By providing health, dental, optical, prescription drug, and various other benefits, it ensures that individuals associated with LVMH can access essential healthcare services, which contributes to their quality of life.

This support not only aids in maintaining physical wellbeing but also addresses mental and financial health through offerings like life insurance and disability benefits. The comprehensive approach to benefits fosters a positive work environment, promoting loyalty and job satisfaction among employees. Additionally, by investing in the health of its workforce, LVMH indirectly contributes to a more productive and motivated staff, which can lead to improved performance and success for the company. The trust exemplifies a commitment to mutual benefit, supporting both the employees and the overall organizational goals of LVMH.




This information is meant to be a general summary of Lvmh Moet Hennessy Louis Vuitton Inc And Affiliates 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.

Revenue
$110,646,727 (2022)
Expenses
$111,058,722 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $160,234
  • Program Service Revenue: $100,902,929
  • Gross Receipts: $110,646,727

Assets and Liabilities:

  • Total Assets: $46,219,372
  • Total Liabilities: $205,990
  • Net Assets: $46,013,382

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Programs

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

CONTRIBUTIONS

Revenue

$100,902,929

Organization Details

Founding Year

1994

Principal Officer

Elodie Masse

Main Address

19 EAST 57TH STREET 5TH FL, NEW YORK, NY, 10022

NTEE Category

Code: Y40 - Mutual benefit

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