Overview
What is The Staff Education Association Retirees Veba Trust Fund?
The Staff Education Association Retirees Veba Trust Fund is a nonprofit organization located in Pittsburgh, Pennsylvania. Its primary mission is to offer post-retirement healthcare benefits to 293 retired members, their spouses, and dependent family members of the Ohio Education Association. These individuals were part of the Professional Staff Union (PSU) and the Ohio Associate Staff Union (OASU) collective bargaining units and retired before August 31, 2006. Additionally, retired management employees who had individual settlement agreements with the Ohio Education Association and their dependents, as outlined in those agreements, are also eligible participants. The Trust Fund provides these benefits to support the health and well-being of its members in their post-retirement life.
Official website here: www.searveba.com
Is The Staff Education Association Retirees Veba Trust Fund legitimate?
The Staff Education Association Retirees Veba Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. The Staff Education Association Retirees Veba Trust Fund 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: $30,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.searveba.com
What is the mission statement of The Staff Education Association Retirees Veba Trust Fund?
The mission of The Staff Education Association Retirees Veba Trust Fund is to provide post-retirement health care benefits to eligible retired members, their spouses, and dependents. These eligible individuals include retired members of the Professional Staff Union (PSU) and the Ohio Associate Staff Union (OASU) from the Ohio Education Association who retired before August 31, 2006. Additionally, retired management employees who executed individual settlement agreements with the Ohio Education Association are also eligible for benefits, as described in those agreements. The focus of this trust fund is to ensure the health care needs of these retired individuals are met, providing them with necessary support during their post-retirement phase.
Official website here: www.searveba.com
Who is the CEO of The Staff Education Association Retirees Veba Trust Fund?
John Wardell is the Chairman, Trustee of The Staff Education Association Retirees Veba Trust Fund.
Official website here: www.searveba.com
What is the revenue of The Staff Education Association Retirees Veba Trust Fund?
The Staff Education Association Retirees Veba Trust Fund's revenue in 2022 was $1,087,553.
Official website here: www.searveba.com
Who are the executives of The Staff Education Association Retirees Veba Trust Fund and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $6,000
- Related: $0
- Other: $0
- Compensation: $6,000
- Related: $0
- Other: $0
- Compensation: $6,000
- Related: $0
- Other: $0
- Compensation: $6,000
- Related: $0
- Other: $0
- Compensation: $6,000
- Related: $0
- Other: $0
Official website here: www.searveba.com
Where can I find the form 990 for The Staff Education Association Retirees Veba Trust Fund?
The Staff Education Association Retirees Veba Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.searveba.com
Learn more at the official website: www.searveba.com
Mission Statement of The Staff Education Association Retirees Veba Trust Fund
The Staff Education Association Retirees Veba Trust Fund is established with the mission to provide post-retirement health care benefits to a specific group of individuals. This nonprofit organization aims to extend these benefits to the retired members of the Ohio Education Association, specifically those who were part of the Professional Staff Union (PSU) and the Ohio Associate Staff Union (OASU), and who retired before August 31, 2006. Additionally, retired management employees who executed individual settlement agreements with the Ohio Education Association (OEA) and their dependents, as described in these agreements, are also eligible participants. The mission of The Staff Education Association Retirees Veba Trust Fund is to ensure the continued well-being of these retired individuals by providing them with essential healthcare benefits during their post-retirement years.
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Impact
October, 2024
The Staff Education Association Retirees VEBA Trust Fund plays a crucial role in providing essential post-retirement health care benefits to a specific group of retirees. This includes 293 retired members from the Ohio Education Association, their spouses, and dependents, primarily from the Professional Staff Union (PSU) and the Ohio Associate Staff Union (OASU) who retired on or before August 31, 2006.
By ensuring that these retirees and their families have access to necessary health care services, the fund significantly enhances their quality of life during retirement. The availability of these benefits helps alleviate financial burdens associated with health care, providing peace of mind for retirees who might otherwise face high medical costs. Additionally, it reflects a commitment to supporting former educators who have dedicated their careers to service in the education sector, acknowledging their contributions while promoting their well-being in retirement.
Through its focused mission, the Trust Fund fosters a sense of community and mutual support among retired members, reinforcing the value of their work and lives throughout their post-retirement years.
This information is meant to be a general summary of The Staff Education Association Retirees Veba Trust Fund. 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: $997,073
- Program Service Revenue: $90,480
- Gross Receipts: $2,689,803
Assets and Liabilities:
- Total Assets: $36,720,410
- Total Liabilities: $11,655
- Net Assets: $36,708,755
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARTICIPANT CONTRIBUTIONS
Revenue
$90,480
Organization Details
Founding Year
2010
Phone
(412) 325-2805Principal Officer
John Wardell
Main Address
3 GATEWAY CTR - 401 LIBERTY AVE, PITTSBURGH, PA, 15222
Website
www.searveba.comNTEE Category
Code: Y40 - Mutual benefit
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