Overview
What is Employee Contribution Veba Trust Baylor?
Employee Contribution Veba Trust Baylor is a charitable organization situated in Charlotte, North Carolina, specifically at 8625 Andrew Carnegie Blvd. Its primary purpose is to offer retirement health benefits to former employees of the associated employer, along with their spouses and dependents. While healthcare benefits are the primary focus, additional benefits may be provided as outlined in the plan documentation. This trust aims to support the well-being of its members during their post-employment years.
Official website here: www.bcm.edu
Is Employee Contribution Veba Trust Baylor legitimate?
Employee Contribution Veba Trust Baylor is a legitimate nonprofit organization registered as a 501(c)(9) entity. Employee Contribution Veba Trust Baylor 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
Official website here: www.bcm.edu
What is the mission statement of Employee Contribution Veba Trust Baylor?
The Employee Contribution Veba Trust Baylor is committed to providing retirement health benefits to the former employees of the associated employer, along with their spouses and dependents. Although other benefits may be included, as outlined in the plan document, the primary focus is on health benefits and insurance premiums for the trust members. This organization aims to support the well-being of its beneficiaries after their employment, ensuring they continue to have access to necessary healthcare services.
Official website here: www.bcm.edu
Who is the CEO of Employee Contribution Veba Trust Baylor?
Jaimie Bailey is the Principal Officer of Employee Contribution Veba Trust Baylor.
Official website here: www.bcm.edu
What is the revenue of Employee Contribution Veba Trust Baylor?
Employee Contribution Veba Trust Baylor's revenue in 2022 was $1,052,711.
Official website here: www.bcm.edu
Who are the executives of Employee Contribution Veba Trust Baylor and what are their salaries?
There is 1 key member and their salary:
- Compensation: $750
- Related: $0
- Other: $0
Official website here: www.bcm.edu
Where can I find the form 990 for Employee Contribution Veba Trust Baylor?
Employee Contribution Veba Trust Baylor's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bcm.edu
Learn more at the official website: www.bcm.edu
Mission Statement of Employee Contribution Veba Trust Baylor
Employee Contribution Veba Trust Baylor, as a nonprofit entity, is committed to providing retiree health benefits to the former employees and their eligible dependents of the associated employer. This organization goes beyond just health benefits, as other benefits may be included as per the plan document. The primary mission of Employee Contribution Veba Trust Baylor is to ensure the well-being of its members by covering their health-related expenses and insurance premiums. By doing so, the trust aims to provide a sense of security and support to the retired employees and their families during their post-employment years.
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Impact
October, 2024
Employee Contribution Veba Trust Baylor plays a crucial role in supporting the health and well-being of former employees and their families by providing retiree health benefits. Located in Charlotte, NC, the trust focuses on delivering health benefits and assisting with insurance premiums for retirees, their spouses, and dependents. This ensures that they have access to necessary healthcare services during their retirement years, thus alleviating some of the financial burdens associated with healthcare costs.
By fulfilling its mission, the Trust not only contributes to the security of former employees but also fosters a sense of appreciation and loyalty towards the employer, demonstrating a commitment to employee welfare even after retirement. The benefits provided can improve the overall quality of life for retirees, allowing them to enjoy their retirement with peace of mind regarding their health needs. In this way, the Employee Contribution Veba Trust Baylor has a significant positive impact on the lives of those it serves, promoting mutual benefit for both retirees and the community.
This information is meant to be a general summary of Employee Contribution Veba Trust Baylor. 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: $224,599
- Program Service Revenue: $828,112
- Gross Receipts: $1,557,034
Assets and Liabilities:
- Total Assets: $8,621,928
- Total Liabilities: $0
- Net Assets: $8,621,928
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Employee Contributions
Revenue
$824,000
TIAA-CREF Transactions
Revenue
$4,112
Organization Details
Founding Year
2009
Phone
(877) 535-3910Principal Officer
Jaimie Bailey
Main Address
8625 ANDREW CARNEGIE BLVD ATTN CORP, CHARLOTTE, NC, 28262
Website
www.bcm.eduNTEE Category
Code: Y43 - Mutual benefit
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