Overview
What is Dana Non-Union Retiree Veba Trust?
Dana Non-Union Retiree Veba Trust is a nonprofit organization located in Chicago, Illinois. The primary objective of this organization is to offer medical and prescription drug benefits to eligible retired non-union employees, their surviving spouses, and dependents. Established as a Voluntary Employee Benefits Association (VEBA), its mission is to provide these essential healthcare services, ensuring that the beneficiaries have access to necessary medical care. The organization operates under the VEBA structure, providing a means for employers to set aside funds for post-retirement benefits, thereby ensuring continued care for their retired employees.
Is Dana Non-Union Retiree Veba Trust legitimate?
Dana Non-Union Retiree Veba Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Dana Non-Union Retiree 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: $28,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Dana Non-Union Retiree Veba Trust?
The Dana Non-Union Retiree Veba Trust was established as a Voluntary Employee Benefits Association (VEBA) with the primary objective of providing certain medical and prescription drug benefits to eligible retired non-union employees, their surviving spouses, and dependents. The organization's mission is centered around ensuring the health and well-being of its beneficiaries by offering necessary medical and medication coverage. By serving as a reliable source of healthcare benefits, the Dana Non-Union Retiree Veba Trust aims to enhance the quality of life for its members, providing them with the necessary medical support they require in their retirement years.
Who is the CEO of Dana Non-Union Retiree Veba Trust?
Donna Doyle is the Chairperson of Dana Non-Union Retiree Veba Trust.
What is the revenue of Dana Non-Union Retiree Veba Trust?
Dana Non-Union Retiree Veba Trust's revenue in 2022 was $3,974,430.
Who are the executives of Dana Non-Union Retiree Veba Trust and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $12,000
- Related: $0
- Other: $0
- Compensation: $8,000
- Related: $0
- Other: $0
- Compensation: $8,000
- Related: $0
- Other: $0
Where can I find the form 990 for Dana Non-Union Retiree Veba Trust?
Dana Non-Union Retiree Veba Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Dana Non-Union Retiree Veba Trust
Dana Non-Union Retiree Veba Trust was established with a mission to provide essential medical and prescription drug benefits to eligible non-union retired employees, their surviving spouses, and dependents. This voluntary Employee Benefits Association (VEBA) was created to serve as a safety net, offering these individuals the healthcare support they need during their retirement years. The Trust's primary objective is to ensure that these retirees have access to necessary medical and prescription drug coverage, thereby improving their overall quality of life in their post-employment phase.
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Impact
October, 2024
The Dana Non-Union Retiree VEBA Trust significantly impacts the lives of eligible non-union retired employees, their surviving spouses, and dependents by providing vital medical and prescription drug benefits. Established as a Voluntary Employee Benefits Association (VEBA), it addresses the healthcare needs of these individuals, offering peace of mind through financial support for medical expenses. This initiative not only helps retirees manage their healthcare costs but also fosters a sense of security and community among members, as they benefit from a safety net designed specifically for them. By alleviating some of the financial burdens associated with healthcare, the Trust plays a crucial role in enhancing the quality of life for its beneficiaries.
This information is meant to be a general summary of Dana Non-Union Retiree 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: $2,410,714
- Program Service Revenue: $1,563,716
- Gross Receipts: $17,293,222
Assets and Liabilities:
- Total Assets: $41,166,043
- Total Liabilities: $1,045,445
- Net Assets: $40,120,598
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARTICIPANTS CONTRIBUTIONS
Revenue
$1,563,716
Organization Details
Founding Year
2007
Phone
(312) 641-0060Principal Officer
Donna Doyle
Main Address
55 MONROE ST STE 1200, CHICAGO, IL, 60603
NTEE Category
Code: Y43 - Mutual benefit
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