Overview
What is Sequent Employee Benefit Trust Veba?
Sequent Employee Benefit Trust Veba is a nonprofit organization primarily focused on administering a multi-employer employee benefit plan, specifically catering to health and welfare benefits. Based in Columbus, Ohio, this organization operates with the goal of providing essential benefits to its members. Although the information provided does not reveal much about its reach or additional services, it is clear that Sequent Employee Benefit Trust Veba plays a vital role in supporting the health and wellbeing of its beneficiaries.
Is Sequent Employee Benefit Trust Veba legitimate?
Sequent Employee Benefit Trust Veba is a legitimate nonprofit organization registered as a 501(c)(9) entity. Sequent Employee Benefit Trust 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.
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What is the mission statement of Sequent Employee Benefit Trust Veba?
Sequent Employee Benefit Trust Veba's mission was centered around administering a multi-employer employee benefit plan. This plan aimed to provide health and welfare benefits to its participating organizations and their employees. The trust served as a crucial intermediary, ensuring the smooth operation of these employee benefit plans. Unfortunately, as per the provided information, Sequent Employee Benefit Trust Veba terminated its operations on July 21, 2020, and all program operations have since ceased.
Who is the CEO of Sequent Employee Benefit Trust Veba?
Dwight Seeley is the Member Trust Oversight Com of Sequent Employee Benefit Trust Veba.
What is the revenue of Sequent Employee Benefit Trust Veba?
Sequent Employee Benefit Trust Veba's revenue in 2020 was $0.
Who are the executives of Sequent Employee Benefit Trust Veba and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Sequent Employee Benefit Trust Veba?
Sequent Employee Benefit Trust Veba's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of Sequent Employee Benefit Trust Veba
Sequent Employee Benefit Trust Veba, as a health and welfare benefit plan, was dedicated to administering a multi-employer employee benefit plan. This mission involved managing and distributing benefits to its participating employees, ensuring they had access to essential health and welfare services. The organization operated under the provision of a multi-employer trust, providing a collective platform for various employers to offer beneficial schemes to their employees. However, it is important to note that as of July 21, 2020, Sequent Employee Benefit Trust Veba ceased all its operations, marking the end of its beneficial services to the employees involved.
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Impact
October, 2024
Sequent Employee Benefit Trust VEBA had a significant role in administering a multi-employer employee benefit plan focused on health and welfare. By pooling resources from multiple employers, it aimed to provide comprehensive benefits to employees, promoting wellness and financial security among its members.
The trust facilitated access to various health benefits, enhancing the quality of care available to employees and their families. Its operations supported a collective approach to employee welfare, making it easier for participating employers to manage benefits while ensuring their workforce received necessary healthcare support.
However, since the termination of Sequent Employee Benefit Trust VEBA on July 21, 2020, all program operations have ceased, which likely impacted the employees who relied on its services. The discontinuation of the trust means that former participants may face challenges in accessing health and welfare benefits unless they can secure alternative plans. The end of the trust's operations underscores the importance of sustainable employee benefit systems in providing ongoing support for workforce health and financial well-being.
This information is meant to be a general summary of Sequent Employee Benefit Trust 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2020.
Assets and Liabilities:
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- Net Assets: $0
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Organization Details
Founding Year
1999
Phone
(614) 436-5880Principal Officer
Dwight Seeley
Main Address
8415 PULSAR PLACE SUITE 200 NO 2, COLUMBUS, OH, 43240
NTEE Category
Code: Y43 - Mutual benefit
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