Overview
What is East Alabama Medical Center Voluntary Employee Beneficiary Association Trust?
The East Alabama Medical Center Voluntary Employee Beneficiary Association Trust is a nonprofit organization based in Opelika, Alabama. Its primary mission is to offer funded health insurance benefits to all participating employees. The trust, as stated in the provided information, aims to fulfill this objective in a comprehensive manner. The organization's purpose is clear: providing health insurance coverage to its employees in a secured and funded manner.
Is East Alabama Medical Center Voluntary Employee Beneficiary Association Trust legitimate?
East Alabama Medical Center Voluntary Employee Beneficiary Association Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. East Alabama Medical Center Voluntary Employee Beneficiary Association 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 East Alabama Medical Center Voluntary Employee Beneficiary Association Trust?
The East Alabama Medical Center Voluntary Employee Beneficiary Association Trust is dedicated to ensuring health insurance coverage for all participating employees. This organization operates on a funded basis to provide this essential benefit. The Trust's primary goal is to make health insurance accessible to its employees, ensuring their well-being and peace of mind. Through its resources, it strives to meet the health coverage needs of its workforce, fostering a robust and healthy work environment.
Who is the CEO of East Alabama Medical Center Voluntary Employee Beneficiary Association Trust?
Sam Price is the Trustee of East Alabama Medical Center Voluntary Employee Beneficiary Association Trust.
What is the revenue of East Alabama Medical Center Voluntary Employee Beneficiary Association Trust?
East Alabama Medical Center Voluntary Employee Beneficiary Association Trust's revenue in 2022 was $34,599,031.
Who are the executives of East Alabama Medical Center Voluntary Employee Beneficiary Association Trust and what are their salaries?
Here are 12 key members and their salaries:
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- Related: $578,663
- Other: $185,803
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- Related: $327,219
- Other: $111,159
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- Related: $216,578
- Other: $65,011
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- Related: $161,908
- Other: $55,863
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Where can I find the form 990 for East Alabama Medical Center Voluntary Employee Beneficiary Association Trust?
East Alabama Medical Center Voluntary Employee Beneficiary Association Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of East Alabama Medical Center Voluntary Employee Beneficiary Association Trust
East Alabama Medical Center Voluntary Employee Beneficiary Association Trust, or EAMC VEBAT, is a mission-driven organization dedicated to providing health insurance benefits to its participating employees in a fully-funded manner. The Trust takes pride in securing the wellbeing of its workforce by assuming financial responsibility for their healthcare needs.
In simple terms, EAMC VEBAT serves as a safety net for its employees, ensuring they have access to essential health benefits. By funding the coverage, the Trust aims to provide peace of mind and security to its workforce, enabling them to focus on their jobs and personal growth without the added stress of healthcare concerns. The Trust's commitment to its employees is unwavering, and it takes great strides to ensure they have the necessary resources for maintaining good health.
EAMC VEBAT's mission is grounded in the belief that a healthy workforce is the cornerstone of a successful organization. By investing in the wellbeing of its employees, the Trust not only fosters a productive and engaged workforce but also contributes to a positive organizational culture. In this way, EAMC VEBAT's mission extends far beyond the realm of health insurance, touching the lives of its employees and their families in profound ways.
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Impact
October, 2024
East Alabama Medical Center Voluntary Employee Beneficiary Association Trust plays a crucial role in enhancing the well-being of its participating employees by providing health insurance benefits in a financially sustainable manner. Located in Opelika, Alabama, the trust is dedicated to ensuring that employees have access to necessary health coverage, which contributes to their overall health security and peace of mind.
By focusing on a funded approach, the trust ensures that resources are allocated effectively to support the health insurance needs of its members. This not only encourages employee retention and satisfaction but also fosters a sense of community among the workforce. The trust’s commitment to mutual benefit strengthens the relationship between the employer and employees, ultimately promoting a healthier and more productive work environment.
This information is meant to be a general summary of East Alabama Medical Center Voluntary Employee Beneficiary Association 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.
- Program Service Revenue: $34,599,031
- Gross Receipts: $34,599,031
Assets and Liabilities:
- Total Assets: $3,443,685
- Total Liabilities: $2,966,321
- Net Assets: $477,364
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPONSOR CONTRIBUTIONS
Revenue
$19,073,834
PARTICIPANT CONTRIBUTIONS
Revenue
$10,955,054
OTHER EMPLOYER CONTRIBUTIONS
Revenue
$4,570,143
Organization Details
Founding Year
2010
Phone
(334) 528-2104Principal Officer
Sam Price
Main Address
2000 PEPPERELL PARKWAY, OPELIKA, AL, 36801
NTEE Category
Code: Y43 - Mutual benefit
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