Police Officers Association Of Michigan Inc Veba

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

EIN: 208587844 ✦ Redford, MI ✦ Designated as a 501(c)(9)

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Overview

What is Police Officers Association Of Michigan Inc Veba?

Police Officers Association of Michigan Inc Veba is a nonprofit organization situated in Redford, Michigan. Their primary mission is to offer medical and health care benefits to the retired members of the Police Officers Association of Michigan. The organization is dedicated to ensuring the well-being of its retirees, providing them with essential healthcare services after their active service. The specific details regarding the number of employees or any other programs or initiatives are not provided in the given information.

Is Police Officers Association Of Michigan Inc Veba legitimate?

Police Officers Association Of Michigan Inc Veba is a legitimate nonprofit organization registered as a 501(c)(9) entity. Police Officers Association Of Michigan Inc 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 Police Officers Association Of Michigan Inc Veba?

The Police Officers Association of Michigan Inc. Veba's mission is centered around providing medical and health care benefits for the retired members of the Police Officers Association of Michigan. This organization is dedicated to ensuring the well-being of its retired members by offering comprehensive medical and health care benefits. Their goal is to support the health and wellness of these individuals, providing them with the necessary care to live comfortably in their retirement years. The association's focus on health care benefits underscores its commitment to the well-being of its retired members.

Who is the CEO of Police Officers Association Of Michigan Inc Veba?

James Tignanelli is the President of Police Officers Association Of Michigan Inc Veba.

What is the revenue of Police Officers Association Of Michigan Inc Veba?

Police Officers Association Of Michigan Inc Veba's revenue in 2022 was $96,031.

Who are the executives of Police Officers Association Of Michigan Inc Veba and what are their salaries?


Here are 2 key members and their salaries:


James Tignanelli (President)
  • Compensation: $0
  • Related: $185,914
  • Other: $41,586
Kevin Loftis (Treasurer)
  • Compensation: $0
  • Related: $126,044
  • Other: $18,907
Where can I find the form 990 for Police Officers Association Of Michigan Inc Veba?

Police Officers Association Of Michigan Inc Veba's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Police Officers Association Of Michigan Inc Veba

The Police Officers Association of Michigan Inc Veba is dedicated to providing medical and health care benefits for the retirees of the Police Officers Association of Michigan. This nonprofit organization's mission is centered around ensuring the well-being of retired police officers by offering them comprehensive healthcare benefits. By doing so, the Police Officers Association of Michigan Inc Veba plays a significant role in supporting these individuals in their post-retirement life, ensuring they continue to live with peace of mind and good health. The organization's efforts are a testament to their commitment to honoring the service and sacrifices made by retired police officers in their community.

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Impact




October, 2024

The Police Officers Association Of Michigan Inc VEBA significantly impacts the community by ensuring that retirees of the Police Officers Association of Michigan have access to essential medical and health care benefits. This support allows retired officers to maintain a level of health care security, which is crucial given the physical and mental demands of their previous careers in law enforcement.

By providing these benefits, the organization helps to alleviate financial burdens associated with health care expenses, promoting overall well-being among retirees. This focus on health care also fosters a sense of community and support, allowing retired officers to feel valued and cared for in their post-service years.

Moreover, the VEBA contributes to the broader public safety community by enabling retired officers to transition more smoothly into civilian life, reducing stress and uncertainty around health care coverage. Overall, the organization's commitment to providing comprehensive health care benefits enhances the quality of life for retirees and their families, impacting both individual lives and the greater community positively.




This information is meant to be a general summary of Police Officers Association Of Michigan Inc 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
$96,031 (2022)
Expenses
$53,406 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $21,031
  • Program Service Revenue: $75,000
  • Gross Receipts: $4,451,785

Assets and Liabilities:

  • Total Assets: $3,517,235
  • Total Liabilities: $0
  • Net Assets: $3,517,235

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$75,000

Organization Details

Founding Year

2005

Principal Officer

James Tignanelli

Main Address

27056 JOY ROAD, REDFORD, MI, 48239

NTEE Category

Code: Y43 - Mutual benefit

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