Standard Steel Voluntary Employee Benefits Association Tr

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

EIN: 352333341 ✦ Burnham, PA ✦ Designated as a 501(c)(9)

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Overview

What is Standard Steel Voluntary Employee Benefits Association Tr?

Standard Steel Voluntary Employee Benefits Association Tr is a nonprofit organization located in Burnham, Pennsylvania. Their primary mission is to manage and allocate funds to cover retirement benefits for their members, specifically medical insurance premiums and death benefits. In 2022, their focus was on deferring expenses related to these benefits. The organization's assets are dedicated to meeting these obligations, ensuring financial security for its retiree members.

Is Standard Steel Voluntary Employee Benefits Association Tr legitimate?

Standard Steel Voluntary Employee Benefits Association Tr is a legitimate nonprofit organization registered as a 501(c)(9) entity. Standard Steel Voluntary Employee Benefits Association 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 Standard Steel Voluntary Employee Benefits Association Tr?

The Standard Steel Voluntary Employee Benefits Association's mission is to utilize its assets to cover or reduce the costs of selected welfare benefits chosen by its retiree members. These benefits mainly include medical insurance premiums and death benefits, serving as financial support for the individual retirees. The association's primary objective is to use its resources to financially assist retirees with these benefits, ensuring their well-being and financial security in their post-retirement years. In 2022, the VEBA was responsible for deferring the welfare expenses related to retiree member benefits.

Who is the CEO of Standard Steel Voluntary Employee Benefits Association Tr?

David Heisler is the Trustee of Standard Steel Voluntary Employee Benefits Association Tr.

What is the revenue of Standard Steel Voluntary Employee Benefits Association Tr?

Standard Steel Voluntary Employee Benefits Association Tr's revenue in 2022 was $152,857.

Who are the executives of Standard Steel Voluntary Employee Benefits Association Tr and what are their salaries?

There 4 volunteers at Standard Steel Voluntary Employee Benefits Association Tr.


Here are 5 key members and their salaries:


David Heisler (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Monica Maxwell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Barlett (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shirley Baxter (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judith Pellicano (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Standard Steel Voluntary Employee Benefits Association Tr?

Standard Steel Voluntary Employee Benefits Association Tr's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Standard Steel Voluntary Employee Benefits Association Tr

Standard Steel Voluntary Employee Benefits Association TR is dedicated to utilizing its assets to cover or subsidize the expenses associated with the welfare benefits chosen by its retiree members. These benefits encompass essential services such as medical insurance premiums and death benefits, acting as a financial safety net for the individual retirees. The association's mission is to ensure the financial well-being of its retiree members by providing financial assistance for their selected welfare benefits. This proactive approach allows retirees to maintain their quality of life and peace of mind, knowing that their medical and other essential needs are partially covered. In 2022, the VEBA deferred the expenses related to these benefits for its retiree members.

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Impact




October, 2024

The Standard Steel Voluntary Employee Benefits Association Tr plays a significant role in supporting retirees by providing essential welfare benefits. It focuses on utilizing its assets to cover costs associated with medical insurance premiums and death benefits for its members. This support is crucial for retirees, allowing them to manage healthcare expenses and ensuring financial security during their retirement years.

In 2022, the organization effectively deferred welfare expenses, demonstrating its commitment to sustaining the well-being of its members. By alleviating the financial burden of healthcare-related costs, it enhances the quality of life for retirees in Burnham, PA. Overall, the impact of this association is manifested through its dedication to improving the financial health and stability of its retiree members, ensuring they can access necessary benefits in their later years.




This information is meant to be a general summary of Standard Steel Voluntary Employee Benefits Association 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
$152,857 (2022)
Expenses
$996,587 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $100,765
  • Program Service Revenue: $52,092
  • Gross Receipts: $4,832,891

Assets and Liabilities:

  • Total Assets: $6,656,198
  • Total Liabilities: $0
  • Net Assets: $6,656,198

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Programs

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

Trusts Estates and Agency Accounts

Revenue

$52,092

Organization Details

Founding Year

2008

Principal Officer

David Heisler

Main Address

500 N WALNUT ST, BURNHAM, PA, 170091644

NTEE Category

Code: Y43 - Mutual benefit

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