Suez Water Resources Non Bargaining Medical And Life Trust

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

EIN: 223377259 ✦ Paramust, NJ ✦ Designated as a 501(c)(9)

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Overview

What is Suez Water Resources Non Bargaining Medical And Life Trust?

The Suez Water Resources Non Bargaining Medical and Life Trust is a tax-exempt organization situated in Paramus, New Jersey. Its primary function is to serve as a Voluntary Employees' Beneficiary Association (VEBA), acting to collect and manage contributions that cover various health-related benefits such as sickness, accidents, life, disability, and other welfare benefits. This nonprofit association is dedicated to providing financial support for these essential benefits, ensuring the well-being of its members.

Is Suez Water Resources Non Bargaining Medical And Life Trust legitimate?

Suez Water Resources Non Bargaining Medical And Life Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Suez Water Resources Non 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 Non Bargaining Medical And Life Trust?

The Suez Water Resources Non Bargaining Medical and Life Trust serves as a Tax Exempt Voluntary Employees' Beneficiary Association (VEBA). Its primary mission is to fund contributions for various employee benefits, including sickness, accidents, life, disability, and other welfare needs. This organization's objective is to provide financial support for these benefits, ensuring the well-being and security of its affiliated employees.

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

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

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

Suez Water Resources Non Bargaining Medical And Life Trust's revenue in 2022 was $744,091.

Who are the executives of Suez Water Resources Non 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 Non Bargaining Medical And Life Trust?

Suez Water Resources Non 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 Non Bargaining Medical And Life Trust

The Suez Water Resources Non Bargaining Medical and Life Trust, functioning as a Tax Exempt Voluntary Employees' Beneficiary Association (VEBA), is dedicated to funding contributions connected to various health and welfare benefits. This nonprofit organization's mission focuses on providing financial support for sickness, accidents, life, disability, and other related welfare benefits. By doing so, it aims to ensure that eligible individuals have access to necessary financial assistance during challenging times.

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Impact




October, 2024

The Suez Water Resources Non Bargaining Medical And Life Trust significantly impacts employees by providing crucial funding for various welfare benefits, including assistance related to sickness, accidents, life events, and disabilities. Operating as a Voluntary Employees' Beneficiary Association (VEBA), it ensures that members have access to financial support during times of need, thereby enhancing their overall well-being and security.

Located in Paramus, NJ, the Trust plays a vital role in safeguarding the interests of its beneficiaries, offering a structured approach to managing healthcare and other welfare-related costs. By fulfilling this mission, it not only mitigates the financial strain on employees and their families but also contributes to a more stable and productive workforce. The support provided by the Trust fosters a sense of community and mutual benefit, enhancing employee satisfaction and retention within the organization.




This information is meant to be a general summary of Suez Water Resources Non 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
$744,091 (2022)
Expenses
$1,926,037 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $574,091
  • Gross Receipts: $744,091

Assets and Liabilities:

  • Total Assets: $12,396,582
  • Total Liabilities: $0
  • Net Assets: $12,396,582

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Organization Details

Founding Year

2015

Principal Officer

Dan Nemr

Main Address

461 FROM ROAD SUITE 400, Paramust, NJ, 07652

NTEE Category

Code: Y40 - Mutual benefit

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