Sunoco Inc Medlife Ins Tr-Cash

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

EIN: 356961130 ✦ Milwaukee, WI ✦ Designated as a 501(c)(9)

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Overview

What is Sunoco Inc Medlife Ins Tr-Cash?

Sunoco Medlife Ins Tr-Cash is a nonprofit organization that functions as fraternal beneficiary societies and voluntary employees associations. Their primary activity involves managing a VEBA (Voluntary Employees' Beneficiary Association) trust, which is designed to meet employee benefit obligations. The organization reported generating total revenues of $3,797,308 in the previous fiscal year. Although specific details about the services or support they provide are not available in the given information, it can be inferred that Sunoco Medlife Ins Tr-Cash serves to manage and allocate resources for employee benefits through its trust.

Is Sunoco Inc Medlife Ins Tr-Cash legitimate?

Sunoco Inc Medlife Ins Tr-Cash is a legitimate nonprofit organization registered as a 501(c)(9) entity. Sunoco Inc Medlife Ins Tr-Cash 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: $19,119
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Sunoco Inc Medlife Ins Tr-Cash?

Sunoco MedLife Ins Tr-Cash functions as fraternal beneficiary societies and voluntary employees associations, primarily focusing on funding employee benefit obligations. The company's primary activity is generating revenues, as evidenced by the $3,797,308 earned in the recent fiscal year. However, the mission statement of Sunoco MedLife Ins Tr-Cash is not explicitly provided in the given information, and thus, it remains unavailable to summarize.

Who is the CEO of Sunoco Inc Medlife Ins Tr-Cash?

Unavailable

What is the revenue of Sunoco Inc Medlife Ins Tr-Cash?

Sunoco Inc Medlife Ins Tr-Cash's revenue in 2022 was $2,016,342.

Who are the executives of Sunoco Inc Medlife Ins Tr-Cash and what are their salaries?


Here are 2 key members and their salaries:


U S Bank Na (Trustee)
  • Compensation: $19,119
  • Related: $0
  • Other: $0
Towers Watson (Professional Services)
  • Compensation: $139,583
  • Related: $0
  • Other: $0
Where can I find the form 990 for Sunoco Inc Medlife Ins Tr-Cash?

Sunoco Inc Medlife Ins Tr-Cash's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Sunoco Inc Medlife Ins Tr-Cash

Sunoco Medlife Ins Tr-Cash, functioning as fraternal beneficiary societies and voluntary employees associations, is dedicated to funding employee benefit obligations. This organization's primary mission is to support their members, ensuring the fulfillment of their benefit responsibilities. During the previous fiscal year, Sunoco Medlife Ins Tr-Cash generated a total revenue of $3,797,308, demonstrating their financial stability and commitment to fulfilling their obligations. While the information provided does not detail the specifics of their activities or the ways in which they fulfill their mission, it is evident that Sunoco Medlife Ins Tr-Cash plays a significant role in providing financial support for employee benefits.

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Impact




October, 2024

Sunoco Inc Medlife Ins Tr-Cash plays a significant role in funding employee benefit obligations through its VEBA trust. By operating as a fraternal beneficiary society and a voluntary employees association, it provides critical support to employees, ensuring they have access to necessary benefits. The organization generated total revenues of $3,797,308 in the last fiscal year, showcasing its capacity to sustain these important services. Based in Milwaukee, WI, its mission focuses on mutual benefit, contributing to a supportive work environment and enhancing employee welfare. This impact not only benefits individual employees but also fosters a loyalty that can positively affect overall workplace morale and productivity.




This information is meant to be a general summary of Sunoco Inc Medlife Ins Tr-Cash. 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
$2,016,342 (2022)
Expenses
$10,442,285 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,942,092
  • Program Service Revenue: $74,250
  • Gross Receipts: $49,676,972

Assets and Liabilities:

  • Total Assets: $50,745,581
  • Total Liabilities: $0
  • Net Assets: $50,745,581

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Programs

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

EMPLOYEE CONTRIBUTIONS

Revenue

$74,250

Organization Details

Founding Year

2012

Main Address

PO BOX 0634, MILWAUKEE, WI, 532010634

NTEE Category

Code: Y43 - Mutual benefit

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