L-3 Communications Group Health Plan Bargained Group Veba

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

EIN: 201036390 ✦ Melbourne, FL ✦ Designated as a 501(c)(9)

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Overview

What is L-3 Communications Group Health Plan Bargained Group Veba?

L-3 Communications Group Health Plan Bargained Group Veba is a nonprofit entity, specifically a health plan, located at 1025 West NASA Boulevard, Melbourne, Florida. Its primary mission revolves around providing retirement medical benefits for certain hourly employees. Though the information provided is limited, it indicates a focus on supporting the medical needs of specific workers in retirement, demonstrating a commitment to employees' long-term healthcare well-being.

Is L-3 Communications Group Health Plan Bargained Group Veba legitimate?

L-3 Communications Group Health Plan Bargained Group Veba is a legitimate nonprofit organization registered as a 501(c)(9) entity. L-3 Communications Group Health Plan Bargained Group Veba 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 L-3 Communications Group Health Plan Bargained Group Veba?

L-3 Communications Group Health Plan Bargained Group Veba is dedicated to providing retirement medical benefits for a specific group of hourly employees. This organization's main goal is to ensure that these employees have access to necessary medical care in their post-employment years. The payment of these benefits is a key activity and mission for L-3 Communications Group Health Plan Bargained Group Veba, demonstrating their commitment to the well-being of the eligible employees who have contributed to the company during their working years.

Who is the CEO of L-3 Communications Group Health Plan Bargained Group Veba?

Christina Kuhns is the Directed Trustee of L-3 Communications Group Health Plan Bargained Group Veba.

What is the revenue of L-3 Communications Group Health Plan Bargained Group Veba?

L-3 Communications Group Health Plan Bargained Group Veba's revenue in 2022 was $1,066,288.

Who are the executives of L-3 Communications Group Health Plan Bargained Group Veba and what are their salaries?


There is 1 key member and their salary:


Northern Trust Company (Directed Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for L-3 Communications Group Health Plan Bargained Group Veba?

L-3 Communications Group Health Plan Bargained Group Veba's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of L-3 Communications Group Health Plan Bargained Group Veba

L-3 Communications Group Health Plan Bargained Group Veba is an organization dedicated to providing retirement medical benefits for certain hourly employees. Acting within this mission, the entity pays for the medical benefits of eligible retired hourly workers. This commitment to retired employees signifies L-3 Communications Group Health Plan Bargained Group Veba's role in ensuring financial security and well-being for its retired workforce, particularly in the area of healthcare. By offering these benefits, the organization demonstrates its commitment to the long-term well-being of its employees, recognizing the importance of medical care in maintaining a high quality of life in retirement.

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Impact




October, 2024

L-3 Communications Group Health Plan Bargained Group Veba plays a crucial role in supporting the healthcare needs of certain hourly employees during retirement. By providing payments specifically designated for retiree medical benefits, this organization ensures that former employees have access to necessary healthcare resources. The impact of this plan extends beyond financial assistance; it enhances the overall well-being and quality of life for retirees, alleviating the burden of medical expenses and allowing for a more secure retirement.

Headquartered in Melbourne, FL, this plan focuses on mutual benefit, fostering a sense of community and support among its members. By prioritizing the healthcare needs of its retirees, the L-3 Communications Group Health Plan is not only fulfilling its mission but also contributing to the financial stability and health of its participants in their post-employment years.




This information is meant to be a general summary of L-3 Communications Group Health Plan Bargained Group Veba. 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
$1,066,288 (2022)
Expenses
$869,106 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,004,586
  • Program Service Revenue: $61,702
  • Gross Receipts: $1,066,288

Assets and Liabilities:

  • Total Assets: $24,250,363
  • Total Liabilities: $0
  • Net Assets: $24,250,363

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Programs

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

RETIREE CONTRIBUTIONS

Revenue

$61,702

Organization Details

Founding Year

2003

Principal Officer

Christina Kuhns

Main Address

1025 WEST NASA BOULEVARD, MELBOURNE, FL, 329190001

NTEE Category

Code: Y43 - Mutual benefit

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