Overview
What is The Donohoe Companies Inc Welfare Benefit Plan Veba Trust?
The Donohoe Companies Inc Welfare Benevolent Trust, referred to as the Veba Trust, is a 501(C)(9) entity that serves as a provider of health and welfare benefits. It supports approximately 1,000 employees and their dependents, with financial contributions coming from The Donohoe Companies, its subsidiaries, and other involved parties. The trust's primary function is to process and pay out eligible claims for these essential health and welfare benefits.
Is The Donohoe Companies Inc Welfare Benefit Plan Veba Trust legitimate?
The Donohoe Companies Inc Welfare Benefit Plan Veba Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. The Donohoe Companies Inc Welfare Benefit Plan 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of The Donohoe Companies Inc Welfare Benefit Plan Veba Trust?
The Donohoe Companies Inc Welfare Benefit Plan Veba Trust serves the purpose of offering health and welfare benefits to approximately 1,000 employees. Financed by contributions from the Donohoe Companies, its subsidiaries, and other involved parties, the trust's primary function is to settle eligible employees and their dependents' health and welfare benefit claims. The trust's mission is centered around providing essential health and welfare benefits, thereby supporting the well-being of its beneficiaries.
Who is the CEO of The Donohoe Companies Inc Welfare Benefit Plan Veba Trust?
Deirdre K Robinson is the Trustee of The Donohoe Companies Inc Welfare Benefit Plan Veba Trust.
What is the revenue of The Donohoe Companies Inc Welfare Benefit Plan Veba Trust?
The Donohoe Companies Inc Welfare Benefit Plan Veba Trust's revenue in 2022 was $2,459,348.
Who are the executives of The Donohoe Companies Inc Welfare Benefit Plan Veba Trust and what are their salaries?
Here are 2 key members and their salaries:
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- Related: $0
- Other: $0
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Where can I find the form 990 for The Donohoe Companies Inc Welfare Benefit Plan Veba Trust?
The Donohoe Companies Inc Welfare Benefit Plan Veba Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Donohoe Companies Inc Welfare Benefit Plan Veba Trust
The Donohoe Companies Welfare Benefit Plan Veba Trust, as a 501(C)(9) trust, is dedicated to providing health and welfare benefits to approximately 1,000 employees. This nonprofit organization contributes towards the funding of The Donohoe Companies Welfare Benefit Plan, with contributions coming from the company itself, its subsidiaries, and other participating entities. The primary role of this trust is to pay out eligible claims for health and welfare benefits for both employees and their dependents. By doing so, The Donohoe Companies Welfare Benefit Plan Veba Trust plays a significant role in supporting the well-being of its beneficiaries, offering them essential healthcare resources.
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Impact
October, 2024
The Donohoe Companies Inc Welfare Benefit Plan Veba Trust plays a crucial role in providing essential health and welfare benefits to approximately 1,000 employees and their dependents. By serving as a funding mechanism for The Donohoe Companies Welfare Benefit Plan, the trust ensures that employees have access to necessary healthcare services and supports their overall well-being.
Contributions from The Donohoe Companies, its subsidiaries, and other participants enable the trust to pay out claims, ensuring that eligible employees can receive coverage for various health-related expenses. This provision not only enhances job satisfaction and retention but also contributes to a healthier workforce, which can ultimately improve productivity and reduce turnover.
In a broader context, the trust helps mitigate the financial burden of healthcare costs for employees, fostering a more secure and supportive work environment. By focusing on mutual benefit, The Donohoe Companies Inc Welfare Benefit Plan Veba Trust exemplifies the importance of investing in employee welfare, which can lead to long-term organizational success and stability.
This information is meant to be a general summary of The Donohoe Companies Inc Welfare Benefit Plan 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: $322
- Program Service Revenue: $2,459,026
- Gross Receipts: $2,459,348
Assets and Liabilities:
- Total Assets: $5,539
- Total Liabilities: $5,539
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$1,694,867
EMPLOYEE CONTRIBUTIONS
Revenue
$730,876
COBRA CONTRIBUTIONS
Revenue
$33,283
Organization Details
Founding Year
2009
Phone
(202) 333-0880Principal Officer
Deirdre K Robinson
Main Address
5100 WISCONSIN AVENUE NW 500, WASHINGTON, DC, 20016
NTEE Category
Code: Y43 - Mutual benefit
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