Overview
What is Middlesex Water Company Veba?
Middlesex Water Company Veba is a nonprofit entity, specifically located at PO BOX 653067, Dallas, Texas. Their primary mission is to offer comprehensive medical and prescription benefits to the employees of the company and their eligible dependents, as covered by the plan. This initiative aims to ensure the well-being of their workforce, offering essential healthcare services and medication support.
Is Middlesex Water Company Veba legitimate?
Middlesex Water Company Veba is a legitimate nonprofit organization registered as a 501(c)(9) entity. Middlesex Water Company 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: $118,729
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Middlesex Water Company Veba?
Middlesex Water Company Veba's mission is centered around providing medical and prescription benefits. This mission extends to the employees of the company and their eligible dependents who are covered under the plan. The company's primary objective is to ensure these individuals have access to necessary healthcare services, including prescription medications. This initiative aims to support the well-being and health of the employees, thereby contributing to their overall quality of life. The company's activities are focused on managing and administering this healthcare benefit plan, ensuring it meets the needs of the covered individuals.
Who is the CEO of Middlesex Water Company Veba?
Bank Of America N A is the Trustee of Middlesex Water Company Veba.
What is the revenue of Middlesex Water Company Veba?
Middlesex Water Company Veba's revenue in 2022 was $2,091,206.
Who are the executives of Middlesex Water Company Veba and what are their salaries?
There is 1 key member and their salary:
- Compensation: $118,729
- Related: $0
- Other: $0
Where can I find the form 990 for Middlesex Water Company Veba?
Middlesex Water Company Veba's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Middlesex Water Company Veba
Middlesex Water Company Veba, as a mission-driven entity, focuses on providing essential medical and prescription benefits for its employees and their eligible dependents, who are covered under the company's plan. In essence, the organization serves to safeguard the health and well-being of its workforce by managing and funding their medical needs and prescription requirements. By doing so, Middlesex Water Company Veba contributes to enhancing the overall quality of life for its employees and their families, ensuring they have access to necessary healthcare services. This mission underscores the company's commitment to its employees' well-being and reflects a forward-thinking approach to employee benefits and support.
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Impact
October, 2024
Middlesex Water Company Veba plays a crucial role in enhancing the well-being of employees and their eligible dependents through its provision of medical and prescription benefits. By offering these essential health services, the organization significantly alleviates financial burdens associated with healthcare, ensuring that employees can access necessary medical care without facing overwhelming costs.
The impact of this initiative extends beyond individual health, positively influencing workforce morale and productivity. Employees who feel secure about their healthcare options are more likely to be engaged and committed to their roles, which can lead to better performance and lower turnover rates. Additionally, these benefits contribute to fostering a culture of support and mutual aid within the company, ultimately driving a more cohesive and motivated workforce.
Located in Dallas, TX, Middlesex Water Company Veba specifically targets the needs of its employees, ensuring that they and their families maintain access to vital healthcare resources. This focus on medical and prescription benefits not only promotes individual health but also bolsters the overall organizational performance by prioritizing the welfare of its workforce.
This information is meant to be a general summary of Middlesex Water Company 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,966,431
- Gross Receipts: $15,372,350
Assets and Liabilities:
- Total Assets: $23,960,068
- Total Liabilities: $0
- Net Assets: $23,960,068
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Organization Details
Founding Year
2009
Phone
(888) 866-3275Principal Officer
Bank Of America N A
Main Address
PO BOX 653067, DALLAS, TX, 752653067
NTEE Category
Code: Y43 - Mutual benefit
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