Panhandle Non-Union Veba Life Ins

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

EIN: 306090484 ✦ Des moines, IA ✦ Designated as a 501(c)(9)

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Overview

What is Panhandle Non-Union Veba Life Ins?

Panhandle Non-Union Veba Life Ins is a nonprofit organization that serves as a funding vehicle for employers to offer life insurance benefits to their non-union employees and retirees. Through its Veba Trust, the organization provides a reliable source of financial support, enabling plan sponsors to extend essential life insurance coverage to their non-union workforce and retirees. This service helps ensure that these individuals maintain some level of financial security and peace of mind during challenging times.

Is Panhandle Non-Union Veba Life Ins legitimate?

Panhandle Non-Union Veba Life Ins is a legitimate nonprofit organization registered as a 501(c)(9) entity. Panhandle Non-Union Veba Life Ins 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 Panhandle Non-Union Veba Life Ins?

Panhandle Non-Union Veba Life Ins serves as a funding mechanism for plan sponsors to extend life insurance benefits to their non-union employees and retirees. Through its Veba Trust, the organization facilitates the provision of this crucial coverage, ensuring financial protection for those not covered under union plans. The focus of Panhandle Non-Union Veba Life Ins is on providing a vital benefit, empowering non-union workers and retirees with peace of mind.

Who is the CEO of Panhandle Non-Union Veba Life Ins?

Principal Financial Group is the Principal Officer of Panhandle Non-Union Veba Life Ins.

What is the revenue of Panhandle Non-Union Veba Life Ins?

Panhandle Non-Union Veba Life Ins's revenue in 2022 was $117,805.

Who are the executives of Panhandle Non-Union Veba Life Ins and what are their salaries?


There is 1 key member and their salary:


Principal Bank - Pcs Tax (Trustee)
  • Compensation: $1,195
  • Related: $0
  • Other: $0
Where can I find the form 990 for Panhandle Non-Union Veba Life Ins?

Panhandle Non-Union Veba Life Ins's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Panhandle Non-Union Veba Life Ins

Panhandle Non-Union Veba Life Ins serves as a crucial funding mechanism for plan sponsors. Its primary mission is to facilitate the provision of life insurance benefits for non-union employees and retirees. Through its Veba Trust, this organization acts as a reliable resource, enabling plan sponsors to extend this essential coverage to their non-union workforce and retirees.

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Impact




October, 2024

Panhandle Non-Union Veba Life Ins plays a vital role in providing life insurance benefits for non-union employees and retirees through its Veba Trust. By serving as a funding vehicle for plan sponsors, it enables organizations to offer financial security and peace of mind to their employees and retirees, ensuring they have access to critical financial support in the event of untimely loss. Located in Des Moines, IA, this initiative addresses the needs of a specific workforce segment, helping to promote mutual benefit and stability within the community. The impact of this organization is seen in the enhanced well-being of individuals and families who rely on these benefits, reinforcing the broader commitment to employee welfare and security.




This information is meant to be a general summary of Panhandle Non-Union Veba Life Ins. 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
$117,805 (2022)
Expenses
$252,543 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $59,983
  • Program Service Revenue: $57,822
  • Gross Receipts: $117,805

Assets and Liabilities:

  • Total Assets: $2,533,173
  • Total Liabilities: $0
  • Net Assets: $2,533,173

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$57,822

Organization Details

Founding Year

2003

Principal Officer

Principal Financial Group

Main Address

PO BOX 10316, DES MOINES, IA, 50306

NTEE Category

Code: Y43 - Mutual benefit

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