Unitarian Universalist Association Employee Benefits Trust - Veba

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

EIN: 208079417 ✦ Boston, MA ✦ Designated as a 501(c)(9)

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Overview

What is Unitarian Universalist Association Employee Benefits Trust - Veba?

The Unitarian Universalist Association Employee Benefits Trust, or Veba, is a self-funded health insurance plan established by the Unitarian Universalist Association (UUA) Board of Directors in 2006. Based in Boston, Massachusetts, the Trust provides medical and prescription drug benefits for the staff of Unitarian Universalist congregations, UUA headquarters and field staffs, and other eligible persons. Eligible employers include congregations and other UUA-affiliated entities, as well as self-employed Unitarian Universalist community ministers. The Trust's primary mission is to fund this health insurance plan, ensuring access to essential healthcare services for its members.

Is Unitarian Universalist Association Employee Benefits Trust - Veba legitimate?

Unitarian Universalist Association Employee Benefits Trust - Veba is a legitimate nonprofit organization registered as a 501(c)(9) entity. Unitarian Universalist Association Employee Benefits Trust - 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: $201,474

For more financial information, click here

What is the mission statement of Unitarian Universalist Association Employee Benefits Trust - Veba?

The Unitarian Universalist Association Employee Benefits Trust, also known as Veba, was established in 2006 to provide a self-funded health insurance plan for the staff of Unitarian Universalist congregations, UUA headquarters, and field staff, as well as other eligible persons. The Trust's primary goal is to fund this health insurance plan, which covers medical and prescription drug benefits for eligible employees, retirees, and their dependents. Eligible employers include congregations and other entities affiliated with the UUA, while eligible individuals consist of self-employed Unitarian Universalist community ministers and ministers working in a ministerial capacity for an employer without a health insurance plan.

Who is the CEO of Unitarian Universalist Association Employee Benefits Trust - Veba?

Andrew Mcgeorge is the Treasurer, Cfo, Plan Admin of Unitarian Universalist Association Employee Benefits Trust - Veba.

What is the revenue of Unitarian Universalist Association Employee Benefits Trust - Veba?

Unitarian Universalist Association Employee Benefits Trust - Veba's revenue in 2022 was $15,671,058.

Who are the executives of Unitarian Universalist Association Employee Benefits Trust - Veba and what are their salaries?

There 6 volunteers at Unitarian Universalist Association Employee Benefits Trust - Veba.


Here are 7 key members and their salaries:


Andrew Mcgeorge (Treasurer, Cfo, Plan Admin)
  • Compensation: $0
  • Related: $167,489
  • Other: $56,995
Barbara Johnson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Loughrey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lucia Santini (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Vogt (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karin Ferguson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Wagner (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Unitarian Universalist Association Employee Benefits Trust - Veba?

Unitarian Universalist Association Employee Benefits Trust - Veba's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Unitarian Universalist Association Employee Benefits Trust - Veba

The Unitarian Universalist Association Employee Benefits Trust, or UUA Veba, is a vital organization established to fund a self-sustaining health insurance plan for the staff of Unitarian Universalist congregations, the UUA headquarters and field staff, and other eligible individuals. The Trust, founded in 2006 and effective from 2007, was initiated by the UUA Board of Directors to ensure access to comprehensive medical and prescription drug benefits for eligible employees, retirees, and their dependents.

By establishing the Unitarian Universalist Organization Health Plan, the Trust provides a valuable service to subscribing employers, primarily Unitarian Universalist congregations and affiliated entities, and individual subscribers. These include self-employed Unitarian Universalist community ministers and ministers working for employers without a health insurance plan. The Trust's mission is to ensure that these individuals have access to essential healthcare coverage. Through the UUA Organization Health Plan, eligible participants gain peace of mind knowing they have medical and prescription drug benefits when they need them most.

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Impact




August, 2024

The Unitarian Universalist Association Employee Benefits Trust - VEBA's impact is focused on providing a self-funded health insurance plan for the staff of Unitarian Universalist congregations, the UUA headquarters and field staff, and other eligible persons. The Trust was established to fund the Unitarian Universalist Organization Health Plan, which offers medical and prescription drug benefits to eligible employees, retirees, and their dependents. By creating this health insurance plan, the Trust aims to ensure that individuals associated with Unitarian Universalist organizations have access to necessary healthcare coverage.




This information is meant to be a general summary of Unitarian Universalist Association Employee Benefits Trust - 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
$15,671,058 (2022)
Expenses
$16,751,986 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $120,205
  • Program Service Revenue: $15,550,853
  • Gross Receipts: $15,671,058

Assets and Liabilities:

  • Total Assets: $4,657,213
  • Total Liabilities: $896,319
  • Net Assets: $3,760,894

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Programs

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

CONTRIBUTIONS FROM SUBSCRIBING EM

Revenue

$10,588,873

CONTRIBUTIONS FROM PARTICIPANTS

Revenue

$4,538,089

PLAN PRESCRIPTION REBATES

Revenue

$423,891

Organization Details

Founding Year

2006

Principal Officer

Andrew Mcgeorge

Main Address

24 FARNSWORTH STREET, BOSTON, MA, 022101409

NTEE Category

Code: Y43 - Mutual benefit

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