Overview
What is Veba For Retirees Of Wci Steel?
Veba for Retirees of Wci Steel is a voluntary employees' beneficiary association, headquartered in Pittsburgh, Pennsylvania. Its primary mission is to offer post-employment health and life insurance benefits to retired hourly employees of Wci Steel, Inc., Severstal Warren, Inc., and RG Steel, LLC, as well as their eligible dependents. This nonprofit organization provides a vital safety net for these retirees, ensuring they continue to receive essential healthcare and insurance coverage even after retirement.
Is Veba For Retirees Of Wci Steel legitimate?
Veba For Retirees Of Wci Steel is a legitimate nonprofit organization registered as a 501(c)(9) entity. Veba For Retirees Of Wci Steel 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: $6,416
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Veba For Retirees Of Wci Steel?
Veba For Retirees Of Wci Steel is an association that provides post-employment health and life insurance benefits to certain retired hourly employees of Wci Steel, Inc., Severstal Warren, Inc., and RG Steel, LLC, as well as their eligible dependents. The entity's primary mission is to offer these benefits through its voluntary employees' beneficiary association. The association aims to support these retired workers in maintaining their well-being and financial security during their post-employment years. The association does not have a formal mission statement in the provided information, but its activities clearly indicate its purpose of providing essential post-employment benefits to eligible individuals.
What is the revenue of Veba For Retirees Of Wci Steel?
Veba For Retirees Of Wci Steel's revenue in 2023 was $1,234,428.
Who are the executives of Veba For Retirees Of Wci Steel and what are their salaries?
There 3 volunteers at Veba For Retirees Of Wci Steel.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $6,416
Where can I find the form 990 for Veba For Retirees Of Wci Steel?
Veba For Retirees Of Wci Steel's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Veba For Retirees Of Wci Steel
Veba For Retirees of Wci Steel, as a voluntary employees' beneficiary association, serves a unique purpose. Its mission is centered around providing post-employment health and life insurance benefits to a specific group of individuals. This group includes retired hourly employees from Wci Steel, Inc., Severstal Warren, Inc., and RG Steel, LLC, along with their coverage-eligible dependents. By doing so, Veba For Retirees of Wci Steel offers a crucial safety net, ensuring these individuals maintain a certain level of financial and medical security in their post-employment years. Their programs, operated from Pittsburgh, PA, aim to address the unique needs of retired hourly workers from these steel companies, offering them peace of mind and stability during their retirement.
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Impact
October, 2024
Veba For Retirees Of Wci Steel significantly impacts the lives of retired hourly employees from WCI Steel, Severstal Warren, and RG Steel by providing essential post-employment health and life insurance benefits. This support is crucial for retirees who may face healthcare challenges and financial uncertainties after leaving the workforce. By facilitating access to necessary health and life insurance coverage, the organization enhances the wellbeing of retirees and their eligible dependents, ensuring they have security in their post-career years. Operating out of Pittsburgh, PA, Veba For Retirees acts as a vital resource, enabling retirees to navigate the complexities of health insurance and maintain their quality of life during retirement.
This information is meant to be a general summary of Veba For Retirees Of Wci Steel. 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 2023.
- Investment Income: $234,258
- Program Service Revenue: $1,176,182
- Gross Receipts: $2,310,440
Assets and Liabilities:
- Total Assets: $6,751,865
- Total Liabilities: $63,942
- Net Assets: $6,687,923
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FROM PARTICIPANTS
Revenue
$1,176,182
Organization Details
Founding Year
2006
NTEE Category
Code: Y40 - Mutual benefit
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