City Of Lansing Veba

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

EIN: 320020336 ✦ Phoenix, AZ ✦ Designated as a 501(c)(9)

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Overview

What is City Of Lansing Veba?

City of Lansing Veba is a nonprofit organization, specifically established to provide retirement healthcare benefits to retired employees of the City of Lansing. Their primary mission is centered around ensuring the well-being of these retired individuals by offering comprehensive healthcare benefits as they transition into their post-employment phase. Located in Phoenix, Arizona, the organization operates with a clear commitment to supporting the retired workforce of Lansing, providing them with essential healthcare services as they enter their retirement years.

Is City Of Lansing Veba legitimate?

City Of Lansing Veba is a legitimate nonprofit organization registered as a 501(c)(9) entity. City Of Lansing 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: $114,355
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of City Of Lansing Veba?

The mission of City Of Lansing Veba is centered around providing retirement health care benefits. Specifically, this organization is dedicated to serving the needs of retired employees from the City of Lansing, ensuring they receive appropriate healthcare coverage during their post-employment years. By offering these benefits, City Of Lansing Veba aims to contribute positively to the wellbeing and financial security of its beneficiaries, thereby enhancing their quality of life in retirement.

Who is the CEO of City Of Lansing Veba?

Unavailable

What is the revenue of City Of Lansing Veba?

City Of Lansing Veba's revenue in 2022 was $3,292,093.

Who are the executives of City Of Lansing Veba and what are their salaries?


There is 1 key member and their salary:


Principal Bank - Pcs Tax (Trustee)
  • Compensation: $114,355
  • Related: $0
  • Other: $0
Where can I find the form 990 for City Of Lansing Veba?

City Of Lansing Veba's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of City Of Lansing Veba

City of Lansing Veba, as a nonprofit organization, is dedicated to providing retirement health care benefits to the retired employees of the City of Lansing. Its main mission is to ensure that these retired individuals have access to essential healthcare services during their post-employment years. The organization's activities are centered around the provision and management of healthcare benefits, aiming to provide a sense of security and well-being for the city's retired employees. City of Lansing Veba plays a crucial role in supporting the health and well-being of this group, helping them to maintain a comfortable and secure retirement.

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Impact




October, 2024

City of Lansing VEBA provides essential retirement health care benefits to retired employees of the City of Lansing. This support plays a critical role in ensuring that retirees have access to necessary healthcare services, which can significantly impact their overall quality of life. By addressing the healthcare needs of these individuals, the organization helps to reduce financial burdens related to medical expenses, fostering stability and security during retirement.

Additionally, the VEBA promotes the welfare of retirees by ensuring they have comprehensive coverage, which can enhance their well-being and longevity. The program not only contributes to individual health outcomes but also reflects the city's commitment to its employees, reinforcing a sense of trust and appreciation within the workforce.




This information is meant to be a general summary of City Of Lansing 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
$3,292,093 (2022)
Expenses
$129,802 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,801,273
  • Program Service Revenue: $1,454,797
  • Gross Receipts: $7,444,617

Assets and Liabilities:

  • Total Assets: $37,483,094
  • Total Liabilities: $0
  • Net Assets: $37,483,094

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Programs

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

CONTRIBUTIONS BY CITY OF LANSING

Revenue

$1,454,797

Organization Details

Founding Year

2002

Main Address

PO BOX 53456 MAC S4101-22G, PHOENIX, AZ, 85072

NTEE Category

Code: Y44 - Mutual benefit

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