The Western And Southern Life Insurance Company Veba Trust

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

EIN: 311226926 ✦ Cincinnati, OH ✦ Designated as a 501(c)(9)

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Overview

What is The Western And Southern Life Insurance Company Veba Trust?

The Western And Southern Life Insurance Company Veba Trust serves as a Voluntary Employee Benefit Association, offering essential benefits to its members and qualified dependents. Based in Cincinnati, Ohio, this nonprofit organization provides life, medical, dental, and disability coverage. In the year 2022, over 8,000 individuals were enrolled in their programs. Their mission is to ensure the well-being of their members by granting access to various benefits designed to enhance their overall health and financial security.

Is The Western And Southern Life Insurance Company Veba Trust legitimate?

The Western And Southern Life Insurance Company Veba Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. The Western And Southern Life Insurance Company Veba 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

For more financial information, click here

What is the mission statement of The Western And Southern Life Insurance Company Veba Trust?

The Western And Southern Life Insurance Company Veba Trust functions as a Voluntary Employee Benefit Association, offering essential coverage to its members and qualified dependents. This organization is dedicated to providing life, medical, dental, vision, and disability benefits. In 2022, over 8,000 individuals were enrolled in these programs. The mission of the Veba Trust is to ensure the wellbeing of its members by delivering comprehensive benefits services. By focusing on life, health, and disability protection, the Veba Trust contributes to the peace of mind and financial security of its members.

Who is the CEO of The Western And Southern Life Insurance Company Veba Trust?

Steve Hussey is the Trustee of The Western And Southern Life Insurance Company Veba Trust.

What is the revenue of The Western And Southern Life Insurance Company Veba Trust?

The Western And Southern Life Insurance Company Veba Trust's revenue in 2022 was $62,709,143.

Who are the executives of The Western And Southern Life Insurance Company Veba Trust and what are their salaries?


Here are 4 key members and their salaries:


John F Barrett (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James N Clark (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald J Wuebbling (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen G Hussey Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Western And Southern Life Insurance Company Veba Trust?

The Western And Southern Life Insurance Company Veba Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The Western And Southern Life Insurance Company Veba Trust

The Western And Southern Life Insurance Company Veba Trust, a Voluntary Employee Benefit Association, is dedicated to offering life, medical, dental, and disability benefits to its members and qualified dependents. This nonprofit organization prioritizes the well-being of its members, extending essential coverage to ensure their peace of mind.

Serving as a crucial safety net, The Western And Southern Life Insurance Company Veba Trust focuses on providing vital benefits that cater to the diverse needs of its members. By offering life insurance, members can secure their loved ones' future, providing financial security in the face of uncertainty. The Trust's medical, dental, and vision benefits ensure that its members receive comprehensive healthcare coverage, ensuring they can access necessary medical services when needed. Furthermore, disability benefits offer financial support during periods of incapacitation due to illness or injury, allowing members to focus on recovery rather than financial stress.

In 2022, the organization covered a total of 8,274 individuals, underscoring its commitment to supporting a substantial number of individuals and their families. By providing these benefits, The Western And Southern Life Insurance Company Veba Trust fosters a sense of security and stability, enabling its members to navigate life's challenges with confidence.

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Impact




October, 2024

The Western And Southern Life Insurance Company VEBA Trust significantly impacts its members by providing essential benefits that enhance their quality of life. With coverage for life, medical, dental, vision, and disability, the trust plays a crucial role in ensuring financial protection and access to healthcare services for its members and their qualified dependents.

In 2022, the trust provided these vital benefits to 8,274 individuals in Cincinnati, Ohio, highlighting its extensive reach and commitment to supporting the well-being of its participants. By offering comprehensive coverage, the VEBA Trust not only improves members' health outcomes but also contributes to their overall sense of security and stability. This support is invaluable in times of need, allowing individuals to focus on their health and wellness without the burden of financial strain. Ultimately, the trust's efforts foster a healthier and more resilient community.




This information is meant to be a general summary of The Western And Southern Life Insurance Company Veba 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.

Revenue
$62,709,143 (2022)
Expenses
$60,027,158 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $436,087
  • Program Service Revenue: $62,272,989
  • Gross Receipts: $62,709,143

Assets and Liabilities:

  • Total Assets: $10,331,923
  • Total Liabilities: $0
  • Net Assets: $10,331,923

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$51,393,942

EMPLOYEE CONTRIBUTIONS

Revenue

$10,879,047

Organization Details

Founding Year

1992

Principal Officer

Steve Hussey

Main Address

400 Broadway, Cincinnati, OH, 45202

NTEE Category

Code: Y40 - Mutual benefit

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