Suez Water Resources Bargaining Medical And Life Trust

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

EIN: 223377258 ✦ Paramus, NJ ✦ Designated as a 501(c)(9)

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Overview

What is Suez Water Resources Bargaining Medical And Life Trust?

Suez Water Resources Bargaining Medical and Life Trust is a nonprofit organization, specifically categorized as a Tax Exempt Employees' Beneficiary Association (VEBA). Its primary objective is to accumulate funds for various welfare benefits, including sickness, accidents, life, and disability coverage, among others. This trust dedicates its resources to ensuring financial support for these essential benefits, thereby providing a safety net for its members.

Is Suez Water Resources Bargaining Medical And Life Trust legitimate?

Suez Water Resources Bargaining Medical And Life Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Suez Water Resources Bargaining Medical And Life 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Suez Water Resources Bargaining Medical And Life Trust?

The Suez Water Resources Bargaining Medical and Life Trust is established as a Tax Exempt Employees' Beneficiary Association (VEBA). Its primary mission is to fund contributions related to various welfare benefits, including sickness, accidents, life, disability, and other related benefits. The organization's programs are designed to provide financial support for these benefits, aiming to assist employees in managing their health and well-being.

Who is the CEO of Suez Water Resources Bargaining Medical And Life Trust?

Dan Nemr is the Vice President & Treasurer of Suez Water Resources Bargaining Medical And Life Trust.

What is the revenue of Suez Water Resources Bargaining Medical And Life Trust?

Suez Water Resources Bargaining Medical And Life Trust's revenue in 2022 was $3,024,628.

Who are the executives of Suez Water Resources Bargaining Medical And Life Trust and what are their salaries?


There is 1 key member and their salary:


Michael Algranati (Vice President & Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Suez Water Resources Bargaining Medical And Life Trust?

Suez Water Resources Bargaining Medical And Life Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Suez Water Resources Bargaining Medical And Life Trust

The Suez Water Resources Bargaining Medical and Life Trust serves as a Tax Exempt Employees' Beneficiary Association (VEBA). Its primary mission is to fund contributions connected with various welfare benefits, encompassing sickness, accidents, life, disability, and other related aspects. This nonprofit organization focuses on providing financial support for these benefits, ensuring that employees have access to the necessary assistance during challenging times. By fulfilling this role, Suez Water Resources Bargaining Medical and Life Trust plays a crucial part in supporting the well-being of its associated employees.

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Impact




October, 2024

Suez Water Resources Bargaining Medical and Life Trust plays a critical role in supporting the welfare of employees by providing financial assistance for various benefits related to sickness, accidents, life, and disability. By establishing a framework for funding these essential benefits, the Trust ensures that employees have access to necessary resources during challenging times.

This resource contributes to employee well-being and security, fostering a more stable work environment. The trust helps mitigate financial burdens associated with healthcare costs, life insurance, and disability, thereby enhancing the quality of life for workers and their families. Moreover, by operating as a Tax Exempt Employees' Beneficiary Association, it enables efficient funding mechanisms that maximize the support available to beneficiaries, reflecting a commitment to mutual benefit and advocacy for employee rights and financial security.

Ultimately, the Trust's initiatives promote a culture of care and support within the workforce, essential for maintaining morale and encouraging long-term retention of employees.




This information is meant to be a general summary of Suez Water Resources Bargaining Medical And Life 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.

Revenue
$3,024,628 (2022)
Expenses
$1,709,452 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,024,628
  • Gross Receipts: $3,024,628

Assets and Liabilities:

  • Total Assets: $79,663,930
  • Total Liabilities: $0
  • Net Assets: $79,663,930

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Organization Details

Founding Year

2015

Principal Officer

Dan Nemr

Main Address

461 FROM ROAD SUITE 400, Paramus, NJ, 07652

NTEE Category

Code: Y40 - Mutual benefit

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