Trust For Verizon Long Term Disability Veba

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

EIN: 300289184 ✦ Pittsburgh, PA ✦ Designated as a 501(c)(9)

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Overview

What is Trust For Verizon Long Term Disability Veba?

Trust for Verizon Long Term Disability Veba is a nonprofit organization located in Pittsburgh, Pennsylvania. As a fraternal beneficiary society and voluntary employees association, it offers benefits to eligible members through various programs. The organization provides financial assistance to members by paying benefits directly to them during times of need. Trust for Verizon Long Term Disability Veba serves as a supportive community for its members, offering essential services and resources.

Is Trust For Verizon Long Term Disability Veba legitimate?

Trust For Verizon Long Term Disability Veba is a legitimate nonprofit organization registered as a 501(c)(9) entity. Trust For Verizon Long Term Disability Veba 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: $38,764
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Trust For Verizon Long Term Disability Veba?

Trust for Verizon Long Term Disability Veba is a fraternal beneficiary society and voluntary employees association dedicated to extending assistance to eligible members. Its primary objective is to provide benefits through various programs, ensuring financial support when needed. The organization functions as a safety net, offering peace of mind to its members during challenging times. By providing benefits, Trust for Verizon Long Term Disability Veba aims to alleviate some of the burdens faced by its members, ultimately enhancing their overall well-being. The fraternal organization's mission is to foster a sense of community and support among its members, offering a sense of security in times of need.

Who is the CEO of Trust For Verizon Long Term Disability Veba?

Kevin Suchta is the Trustee of Trust For Verizon Long Term Disability Veba.

What is the revenue of Trust For Verizon Long Term Disability Veba?

Trust For Verizon Long Term Disability Veba's revenue in 2022 was $13,831,125.

Who are the executives of Trust For Verizon Long Term Disability Veba and what are their salaries?


There is 1 key member and their salary:


Bny Mellon (Trustee)
  • Compensation: $38,764
  • Related: $0
  • Other: $0
Where can I find the form 990 for Trust For Verizon Long Term Disability Veba?

Trust For Verizon Long Term Disability Veba's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Trust For Verizon Long Term Disability Veba

Trust for Verizon Long Term Disability Veba, a fraternal beneficiary society and voluntary employees association, is dedicated to providing benefits to eligible members. This mission is carried out through various programs designed to pay benefits to or for those who meet the criteria.

In simpler terms, Trust for Verizon Long Term Disability Veba serves as a safety net for its members, offering financial assistance during times of need. The organization functions as a non-profit entity, with a primary goal of enhancing the lives of its members through its beneficial programs.

By acting as a fraternal beneficiary society, Trust for Verizon Long Term Disability Veba fosters a sense of community and solidarity among its members. The organization's voluntary employees association status further strengthens its commitment to its community, as it provides a platform for individuals to come together and support one another.

In summary, Trust for Verizon Long Term Disability Veba is a compassionate organization dedicated to providing essential benefits to eligible members. Its fraternal beneficiary society and voluntary employees association structure not only supports its mission but also promotes a sense of unity and camaraderie among its members.

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Impact




October, 2024

The Trust For Verizon Long Term Disability VEBA offers substantial support to eligible members by providing financial benefits through various programs. These benefits serve as a crucial safety net for individuals facing long-term disabilities, ensuring they receive the necessary assistance during challenging times. Located in Pittsburgh, PA, the organization operates as a fraternal beneficiary society and voluntary employees association, dedicated to its mission of enhancing the well-being of its members. By focusing on mutual benefit, it fosters a sense of community and solidarity among its members, ultimately improving their quality of life when faced with disability-related challenges.




This information is meant to be a general summary of Trust For Verizon Long Term Disability Veba. 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
$13,831,125 (2022)
Expenses
$24,096,471 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$1,996,021
  • Program Service Revenue: $18,292,130
  • Gross Receipts: $13,831,125

Assets and Liabilities:

  • Total Assets: $195,556,643
  • Total Liabilities: $0
  • Net Assets: $195,556,643

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Programs

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

EMPLOYEE CONTRIBUTION

Revenue

$18,292,130

Organization Details

Founding Year

2003

Principal Officer

Kevin Suchta

Main Address

500 Grant Street Room 151-4040, Pittsburgh, PA, 152580001

NTEE Category

Code: Y40 - Mutual benefit

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