Overview
What is Weidmuller Inc Veba Trust?
Weidmuller Inc Veba Trust is a nonprofit organization, specifically a VEBAs (Voluntary Employees' Beneficiary Associations), located at 23 Broad Street, Westerly, Rhode Island 02891. Its primary function is to adhere to its stated purpose by covering medical and dental insurance premiums for eligible participants, as is allowed under Internal Revenue Code Section 501(c)(9). This nonprofit is dedicated to providing these insurance benefits to its participants, contributing to their overall health and wellbeing.
Is Weidmuller Inc Veba Trust legitimate?
Weidmuller Inc Veba Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Weidmuller Inc 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: $2,112
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Weidmuller Inc Veba Trust?
The Weidmuller Inc Veba Trust is established with a mission to cover medical and dental insurance expenses. It fulfills this objective by making premium payments for eligible participants, in accordance with Internal Revenue Code Section 501(c)(9). This trust's primary function is to ensure that its participants have access to necessary medical and dental insurance coverage. The trust does not engage in any advocacy, research, or support activities beyond these premium payments. Its purpose is solely focused on facilitating insurance coverage for its participants.
What is the revenue of Weidmuller Inc Veba Trust?
Weidmuller Inc Veba Trust's revenue in 2024 was $9,360.
Who are the executives of Weidmuller Inc Veba Trust and what are their salaries?
There 1 volunteer at Weidmuller Inc Veba Trust.
There is 1 key member and their salary:
- Compensation: $2,112
- Related: $0
- Other: $0
Where can I find the form 990 for Weidmuller Inc Veba Trust?
Weidmuller Inc Veba Trust's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Weidmuller Inc Veba Trust
Weidmuller Inc Veba Trust is an organization with a specific mission. This mission revolves around paying the premiums for medical and dental insurance policies. By accomplishing this task, as permitted by Internal Revenue Code Section 501(c)(9), the trust provides essential health coverage to eligible participants. This mission is crucial in ensuring that individuals under its purview have access to necessary medical and dental care, thereby contributing to their overall well-being. The trust's activities are focused on fulfilling this mission, thereby playing a significant role in the healthcare landscape.
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Impact
October, 2024
Weidmuller Inc Veba Trust plays a significant role in supporting the healthcare needs of eligible participants by covering medical and dental insurance premiums. By facilitating access to essential health services, this trust ensures that individuals can receive necessary medical care without the burden of prohibitive costs. The organization operates under the guidelines of Internal Revenue Code Section 501(c)(9), which allows it to focus on health benefits, thereby providing peace of mind to employees and their families in Westerly, RI. This support not only contributes to individual wellbeing but also fosters a healthier workforce, ultimately enhancing the community's overall quality of life. Through its focused efforts on mutual benefit, the trust underscores the importance of accessible healthcare in promoting financial stability and health security for its members.
This information is meant to be a general summary of Weidmuller Inc 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 2024.
- Investment Income: $9,360
- Gross Receipts: $9,360
Assets and Liabilities:
- Total Assets: $298,850
- Total Liabilities: $0
- Net Assets: $298,850
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Organization Details
Founding Year
2006
Principal Officer
The Washington Trust Company
NTEE Category
Code: Y43 - Mutual benefit
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