Overview
What is Bechtel Veba Trust?
The Bechtel Veba Trust is a nonprofit organization situated in Glendale, Arizona. It functions as both fraternal beneficiary societies and voluntary employees associations. This organization generates significant revenue, with last year's total coming in at $105.7 million. At its core, the Bechtel Veba Trust focuses on delivering medical and dental benefits to its members.
Is Bechtel Veba Trust legitimate?
Bechtel Veba Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Bechtel Veba 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: $3,170
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Bechtel Veba Trust?
The Bechtel Veba Trust is dedicated to providing medical and dental benefits for its members. This organization serves as a fraternal beneficiary society and voluntary employees association. In simple terms, its primary goal is to ensure the health and wellbeing of those it serves by offering essential medical and dental coverage. The Trust generates significant revenues, totaling $105,722,482 last year, which facilitates its ability to provide these benefits to its members.
Who is the CEO of Bechtel Veba Trust?
The Northern Trust Company is the Trustee of Bechtel Veba Trust.
What is the revenue of Bechtel Veba Trust?
Bechtel Veba Trust's revenue in 2022 was $91,879,646.
Who are the executives of Bechtel Veba Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $3,170
- Related: $0
- Other: $0
Where can I find the form 990 for Bechtel Veba Trust?
Bechtel Veba Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bechtel Veba Trust
The Bechtel Veba Trust, a significant organization, is dedicated to providing essential medical and dental benefits for its members. Established as fraternal beneficiary societies and voluntary employees associations, this mission-driven entity focuses on the well-being of its community.
By offering medical and dental benefits, the Bechtel Veba Trust places a high priority on the health and wellness of its members. Through its commitment to this cause, it creates an environment where individuals can access the care they need to live their best lives. The organization's impact extends beyond the mere provision of benefits, as it fosters a sense of security and peace of mind for those it serves.
The Bechtel Veba Trust's work is rooted in its unwavering dedication to the health and well-being of its community. By generating $105,722,482 in revenues last year, it has demonstrated its capacity to effectively deliver on its mission. The trust's efforts contribute significantly to the overall wellness of its members, ensuring they have access to critical healthcare services when they need it most.
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Impact
October, 2024
The Bechtel Veba Trust significantly impacts its members by providing essential medical and dental benefits that enhance their overall well-being. With total revenues of $105,722,482 last year, it operates effectively to support the health needs of its members, ensuring they have access to necessary healthcare services. Located in Glendale, AZ, the Trust functions as a fraternal beneficiary society and voluntary employees association, fostering a sense of community and mutual aid. By prioritizing health benefits, the Bechtel Veba Trust not only contributes to the physical health of its members but also promotes financial security, helping to alleviate the burden of medical expenses. This vital support plays a crucial role in the lives of its members, allowing them to focus on their personal and professional lives without the constant worry of healthcare costs.
This information is meant to be a general summary of Bechtel Veba 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $127,966
- Program Service Revenue: $91,751,680
- Gross Receipts: $91,879,646
Assets and Liabilities:
- Total Assets: $12,049,423
- Total Liabilities: $0
- Net Assets: $12,049,423
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPONSOR CONTRIBUTIONS
Revenue
$59,887,440
PARTICIPANT CONTRIBUTIONS
Revenue
$27,612,953
MISCELLANEOUS CASH RECEIPTS
Revenue
$4,251,287
Organization Details
Founding Year
2006
Phone
(602) 368-0234Principal Officer
The Northern Trust Company
Main Address
C/O TAX DEPT PO BOX 7700, GLENDALE, AZ, 853127700
NTEE Category
Code: Y40 - Mutual benefit
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