Central Employee Benefit Veba Tr

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

EIN: 311607892 ✦ Van wert, OH ✦ Designated as a 501(c)(9)

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Overview

What is Central Employee Benefit Veba Tr?

Central Employee Benefit Veba Tr is a nonprofit organization located in Van Wert, Ohio, specifically at 800 S Washington St. Their primary focus is on providing voluntary employee benefits, including medical, life, dental, and vision coverage. These benefits aim to cater to various medical expenses such as hospital visits, surgeries, and prescription drugs, among others. The organization's mission is to enhance the well-being of its members by offering these comprehensive benefits, thereby supporting their overall health and wellness.

Is Central Employee Benefit Veba Tr legitimate?

Central Employee Benefit Veba Tr is a legitimate nonprofit organization registered as a 501(c)(9) entity. Central Employee Benefit Veba Tr 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 Central Employee Benefit Veba Tr?

Central Employee Benefit Veba Tr's mission is centered around providing voluntary employee benefits, specifically focusing on medical, life, dental, and vision coverage. By doing so, they aim to assist employees in managing various medical expenses, including hospital visits, surgeries, and prescription drugs, among others. The organization's mission is to offer these benefits on a voluntary basis, providing employees with the freedom to choose the coverage that best suits their needs.

Who is the CEO of Central Employee Benefit Veba Tr?

Amy Dougal is the Instutional Trustee of Central Employee Benefit Veba Tr.

What is the revenue of Central Employee Benefit Veba Tr?

Central Employee Benefit Veba Tr's revenue in 2022 was $10,612,747.

Who are the executives of Central Employee Benefit Veba Tr and what are their salaries?


There is 1 key member and their salary:


Central Mutual Insurance Co (Instutional Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Central Employee Benefit Veba Tr?

Central Employee Benefit Veba Tr's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Central Employee Benefit Veba Tr

Central Employee Benefit Veba Tr, as its mission statement suggests, is dedicated to providing voluntary employee benefits. These benefits primarily focus on medical, life, dental, and vision coverage. The organization aims to assist employees in managing various medical expenses, including hospital visits, surgical procedures, and prescription medications, among others. By offering these benefits, Central Employee Benefit Veba Tr seeks to support employees in maintaining their overall health and well-being.

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Impact




October, 2024

Central Employee Benefit VEBA Trust provides significant support to employees by offering a range of voluntary benefits, including medical, life, dental, and vision coverage. Its impact is primarily seen in enhancing the overall well-being of employees, as it assists with medical expenses related to hospital stays, surgeries, and prescriptions. By addressing these crucial health-related financial burdens, the trust enables employees to access necessary healthcare services without facing overwhelming costs.

Additionally, the availability of comprehensive benefits fosters a more supportive work environment, contributing to employee satisfaction, retention, and productivity. This holistic approach to employee welfare not only benefits the individuals covered but also encourages a culture of mutual support and care within the organization, ultimately leading to a more engaged and healthy workforce. Moreover, the trust's presence in Van Wert, OH, positions it as a vital resource for the local community, enhancing the quality of life for employees and their families.




This information is meant to be a general summary of Central Employee Benefit Veba Tr. 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
$10,612,747 (2022)
Expenses
$12,144,250 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$1,930,215
  • Program Service Revenue: $12,542,962
  • Gross Receipts: $10,612,747

Assets and Liabilities:

  • Total Assets: $22,341,618
  • Total Liabilities: $2,945
  • Net Assets: $22,338,673

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$8,121,443

PARTICIPANT CONTRIBUTI

Revenue

$4,054,093

POST RETIREMENT CONTRI

Revenue

$367,426

Organization Details

Founding Year

1998

Principal Officer

Amy Dougal

Main Address

800 S WASHINGTON ST, VAN WERT, OH, 45891

NTEE Category

Code: Y43 - Mutual benefit

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