Employer Veba Trust For Soka University

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

EIN: 352508986 ✦ Charlotte, NC ✦ Designated as a 501(c)(9)

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Overview

What is Employer Veba Trust For Soka University?

Employer Veba Trust for Soka University is a nonprofit organization situated in Charlotte, North Carolina, specifically at 8625 Andrew Carnegie Blvd. Its primary mission is to offer retiring employees and their families comprehensive health benefits, including insurance premiums. While the main focus is on healthcare, other benefits may be included as outlined in the plan documentation. The trust serves as a vital resource for the employer's former workforce, ensuring they maintain access to essential health services in their post-employment phase.


Official website here: www.soka.edu

Is Employer Veba Trust For Soka University legitimate?

Employer Veba Trust For Soka University is a legitimate nonprofit organization registered as a 501(c)(9) entity. Employer Veba Trust For Soka University 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


Official website here: www.soka.edu

What is the mission statement of Employer Veba Trust For Soka University?

Employer Veba Trust for Soka University's primary mission is to offer retirement health benefits to the former employees of the associated employer, along with their spouses and dependents. While the provision of additional benefits is possible, as outlined in the plan document, the primary focus lies in health care support for retirees. The trust is responsible for paying health benefits and insurance premiums for its members.


Official website here: www.soka.edu

Who is the CEO of Employer Veba Trust For Soka University?

Yoshinobu Habuki is the Principal Officer of Employer Veba Trust For Soka University.


Official website here: www.soka.edu

What is the revenue of Employer Veba Trust For Soka University?

Employer Veba Trust For Soka University's revenue in 2022 was $139,988.


Official website here: www.soka.edu

Who are the executives of Employer Veba Trust For Soka University and what are their salaries?


There is 1 key member and their salary:


Tiaa Trust Na (Trustee)
  • Compensation: $750
  • Related: $0
  • Other: $0


Official website here: www.soka.edu

Where can I find the form 990 for Employer Veba Trust For Soka University?

Employer Veba Trust For Soka University's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.soka.edu

Learn more at the official website: www.soka.edu

Mission Statement of Employer Veba Trust For Soka University

Employer Veba Trust for Soka University is committed to providing retiree health benefits to its former employees, their spouses, and dependents. While the trust may offer additional benefits as outlined in the plan document, its primary focus is on ensuring the wellbeing of its retired members by covering health-related expenses and insurance premiums. This mission is crucial in providing a sense of security and peace of mind for those who have dedicated their careers to the employer. The trust's mission reflects its commitment to supporting the health and wellbeing of its members in their retirement years.

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Impact




October, 2024

The Employer Veba Trust For Soka University plays a crucial role in delivering essential retiree health benefits to former employees and their families. By ensuring that retirees receive health benefits and insurance premium assistance, the Trust enhances the overall well-being and security of its members in their post-employment years. This support helps alleviate financial burdens related to healthcare, allowing retirees and their dependents to access necessary medical services with greater ease. Overall, the Trust significantly contributes to the quality of life for these individuals, fostering a sense of community and mutual benefit among participants.




This information is meant to be a general summary of Employer Veba Trust For Soka University. 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
$139,988 (2022)
Expenses
$1,469 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $24,750
  • Program Service Revenue: $115,238
  • Gross Receipts: $219,340

Assets and Liabilities:

  • Total Assets: $521,963
  • Total Liabilities: $0
  • Net Assets: $521,963

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Programs

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

Employer Contributions

Revenue

$115,238

Organization Details

Founding Year

2014

Principal Officer

Yoshinobu Habuki

Main Address

8625 ANDREW CARNEGIE BLVD CORP TAX, CHARLOTTE, NC, 28262

NTEE Category

Code: Y43 - Mutual benefit

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