Overview
What is Employer Contribution Veba Trust Colgate?
Employer Contribution Veba Trust Colgate is a nonprofit organization, specifically a retirement health benefits provider, located in Charlotte, North Carolina. This trust is established by Colgate, its former employees, and their dependents in mind. The primary purpose of the trust is to offer health benefits and insurance premiums to its members. While the description suggests that other benefits may be provided, as specified in the plan document, the main focus remains on providing retirement health benefits. The trust is dedicated to supporting the well-being of its members, encompassing both former employees and their families.
Official website here: www.colgate.edu
Is Employer Contribution Veba Trust Colgate legitimate?
Employer Contribution Veba Trust Colgate is a legitimate nonprofit organization registered as a 501(c)(9) entity. Employer Contribution Veba Trust Colgate 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.colgate.edu
What is the mission statement of Employer Contribution Veba Trust Colgate?
The mission of Employer Contribution Veba Trust Colgate, in essence, revolves around providing retirement health benefits. This organization extends its services to the former employees of the associated employer, along with their spouses and dependents. While the primary focus is on health benefits, it's important to note that other benefits may be available as per the plan documentation. The organization is responsible for paying health insurance premiums on behalf of its members.
Official website here: www.colgate.edu
Who is the CEO of Employer Contribution Veba Trust Colgate?
Amy Ryan is the Principal Officer of Employer Contribution Veba Trust Colgate.
Official website here: www.colgate.edu
What is the revenue of Employer Contribution Veba Trust Colgate?
Employer Contribution Veba Trust Colgate's revenue in 2022 was $204,105.
Official website here: www.colgate.edu
Who are the executives of Employer Contribution Veba Trust Colgate and what are their salaries?
There is 1 key member and their salary:
- Compensation: $750
- Related: $0
- Other: $0
Official website here: www.colgate.edu
Where can I find the form 990 for Employer Contribution Veba Trust Colgate?
Employer Contribution Veba Trust Colgate's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.colgate.edu
Learn more at the official website: www.colgate.edu
Mission Statement of Employer Contribution Veba Trust Colgate
Employer Contribution Veba Trust Colgate, a nonprofit entity, is dedicated to providing retiree health benefits. This organization extends its support to the former employees of Colgate, as well as their spouses and dependents. While the trust primarily focuses on health benefits, it may also offer additional perks as outlined in the plan documentation. The trust takes upon itself the responsibility of paying health insurance premiums for its members, thereby ensuring their access to necessary healthcare services.
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Impact
October, 2024
The Employer Contribution VEBA Trust Colgate plays a vital role in providing health benefits and insurance premiums to former employees and their families. By ensuring that retirees have access to necessary health care services, it significantly enhances their quality of life during retirement. The Trust focuses on delivering financial support for healthcare, which is especially crucial as individuals age and healthcare needs typically increase.
Located in Charlotte, NC, the Trust operates under a clear mission: to provide retiree health benefits for the employer's former employees, their spouses, and dependents. This commitment not only serves to honor the contributions of retirees but also fosters a sense of security and well-being among those who once dedicated their careers to the employer.
Additionally, while the primary focus is on retiree health benefits, the Trust also holds the potential to offer other benefits as described in the plan document. This flexibility can adapt to changing circumstances and needs, enhancing the overall support structure for former employees. Overall, the impact of the Employer Contribution VEBA Trust Colgate extends beyond mere financial assistance—it's about creating a supportive environment for retirees and their families during a significant phase of life.
This information is meant to be a general summary of Employer Contribution Veba Trust Colgate. 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 2022.
- Investment Income: $57,918
- Program Service Revenue: $146,187
- Gross Receipts: $616,696
Assets and Liabilities:
- Total Assets: $1,180,610
- Total Liabilities: $0
- Net Assets: $1,180,610
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Employer Contributions
Revenue
$146,187
Organization Details
Founding Year
2013
Phone
(877) 535-3910Principal Officer
Amy Ryan
Main Address
8625 ANDREW CARNEGIE BLVD ATTN CORP, CHARLOTTE, NC, 28262
Website
www.colgate.eduNTEE Category
Code: Y20 - Mutual benefit
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