Veba Inc Veba Trust C/O Four Seasons

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

EIN: 266641110 ✦ Designated as a 501(c)(9)

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Overview

What is Veba Inc Veba Trust C/O Four Seasons?

Veba Inc Veba Trust CO Four Seasons is a nonprofit organization, located at 1165 Leslie Street, Toronto, Ontario, Canada, with the postal code M3C 2K8. The primary mission of this organization is to fund welfare benefits for employees of Four Seasons and related organizations, along with their eligible dependents. This includes covering healthcare expenses for a total of 9,736 participants. Additionally, the organization manages administrative expenses related to these benefits.

What are the reviews and ratings of this charity?

Veba Inc Veba Trust CO Four Seasons is not currently rated by Charity Navigator. The lack of a rating stems from its non-501(c)(3) status, which precludes it from evaluation based on Charity Navigator's methodologies that require such designation. This absence of a rating neither implies a positive nor negative evaluation of the organization.

The organization cannot be assessed under the Accountability & Finance or Impact & Measurement beacons because it is not a registered 501(c)(3) nonprofit. Historical ratings through Charity Navigator typically focus on financial accountability, but such assessments are not possible here. Information regarding total revenue, expenses, or key personnel salary is unavailable.

Without user reviews on GreatNonprofits, comprehensive user feedback on Veba Inc Veba Trust CO Four Seasons is absent. However, the absence of reviews and ratings does not inherently reflect the organization's performance or effectiveness.


This AI summary has been generated from information found on Charity Navigator.

Is Veba Inc Veba Trust C/O Four Seasons legitimate?

Veba Inc Veba Trust C/O Four Seasons is a legitimate nonprofit organization registered as a 501(c)(9) entity. Veba Inc Veba Trust C/O Four Seasons 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 Veba Inc Veba Trust C/O Four Seasons?

Veba Inc Veba Trust CO Four Seasons is dedicated to providing welfare benefits for the employees of Four Seasons and related organizations, along with their eligible dependents. The primary focus of the trust is to fund various healthcare expenses for a total of 9,736 participants. In addition to covering healthcare costs, administrative expenses are also managed by the trust. This dedication to employee welfare ensures that those in need have access to essential benefits, enhancing their overall wellbeing. By funding these benefits, the trust plays a crucial role in promoting the health and wellness of its beneficiaries.

Who is the CEO of Veba Inc Veba Trust C/O Four Seasons?

Bny Mellon - Rise Newman is the Trustee of Veba Inc Veba Trust C/O Four Seasons.

What is the revenue of Veba Inc Veba Trust C/O Four Seasons?

Veba Inc Veba Trust C/O Four Seasons's revenue in 2022 was $59,425,488.

Who are the executives of Veba Inc Veba Trust C/O Four Seasons and what are their salaries?


There is 1 key member and their salary:


Bny Mellon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Veba Inc Veba Trust C/O Four Seasons?

Veba Inc Veba Trust C/O Four Seasons's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Veba Inc Veba Trust C/O Four Seasons

Veba Inc Veba Trust CO Four Seasons, a notable organization, is committed to funding welfare benefits for employees of Four Seasons and related organizations, as well as their eligible dependents. In simpler terms, this trust serves the crucial role of financially supporting the healthcare expenses for approximately 9,736 individuals.

The mission of Veba Inc Veba Trust CO Four Seasons extends beyond just covering healthcare costs. It also includes managing administrative expenses related to these benefits. By fulfilling this role, the organization ensures that the employees and their dependents under its care have access to essential healthcare services, providing them with peace of mind and security.

This trust plays a significant part in enhancing the well-being of its beneficiaries, enabling them to focus on their professional and personal lives without the added stress of concerns about their healthcare coverage. This investment not only benefits the individuals directly but also contributes to the overall success and morale of the organizations they are employed by.

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Impact




August, 2024

Veba Inc Veba Trust CO Four Seasons has a direct impact on the lives of 9,736 participants and their dependents by providing funding for health care expenses. This support allows employees of Four Seasons and other related organizations to access necessary healthcare services for themselves and their families. Additionally, the organization covers administrative expenses to ensure the smooth operation of the trust fund. Through its mission to fund welfare benefits for eligible individuals, Veba Inc Veba Trust CO Four Seasons plays a crucial role in supporting the well-being and health care needs of its participants.




This information is meant to be a general summary of Veba Inc Veba Trust C/O Four Seasons. 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
$59,425,488 (2022)
Expenses
$48,063,084 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $91,753
  • Program Service Revenue: $59,333,735
  • Gross Receipts: $59,425,488

Assets and Liabilities:

  • Total Assets: $13,179,317
  • Total Liabilities: $0
  • Net Assets: $13,179,317

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Programs

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

EMPLOYER & EMPLOYEE CO

Revenue

$59,333,735

Organization Details

Founding Year

2003

Principal Officer

Bny Mellon - Rise Newman

NTEE Category

Code: Y40 - Mutual benefit

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