Electric Energy Inc Employee Benefit Fund

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

EIN: 371318654 ✦ Irving, TX ✦ Designated as a 501(c)(9)

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Overview

What is Electric Energy Inc Employee Benefit Fund?

The Electric Energy Inc Employee Benefit Fund is a nonprofit organization, specifically a Voluntary Employee Beneficiary Association (VEBA), located at 6555 Sierra Drive, Irving, Texas 75039. Its primary mission is to offer health benefits and life insurance to its members, contributing to their overall welfare. Established under IRC Section 501(C)(9), this fund aims to provide essential health benefits to its participants, ensuring their well-being.

Is Electric Energy Inc Employee Benefit Fund legitimate?

Electric Energy Inc Employee Benefit Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Electric Energy Inc Employee Benefit Fund 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 Electric Energy Inc Employee Benefit Fund?

The Electric Energy Inc Employee Benefit Fund, as a 501(c)(9) Voluntary Employee Beneficiary Association (VEBA), primarily focuses on providing health and welfare benefits to its participants. The exempt purpose of this fund is achieved by offering health benefits and life insurance to its members. This organization is dedicated to enhancing the well-being of its participants through these beneficial offerings.

Who is the CEO of Electric Energy Inc Employee Benefit Fund?

Carrie Kirby is the Board Member of Electric Energy Inc Employee Benefit Fund.

What is the revenue of Electric Energy Inc Employee Benefit Fund?

Electric Energy Inc Employee Benefit Fund's revenue in 2022 was -$1,496,027.

Who are the executives of Electric Energy Inc Employee Benefit Fund and what are their salaries?


Here are 3 key members and their salaries:


Carrie Kirby (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kris Moldovan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barry Boswell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Electric Energy Inc Employee Benefit Fund?

Electric Energy Inc Employee Benefit Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Electric Energy Inc Employee Benefit Fund

Electric Energy Inc Employee Benefit Fund, as a Voluntary Employee Beneficiary Association (VEBA) under IRC Section 501(C)(9), is primarily devoted to delivering health and welfare benefits to its participants. This nonprofit organization's mission is to ensure the well-being of its members by providing them with essential health benefits and life insurance coverage. By achieving this exempt purpose, Electric Energy Inc Employee Benefit Fund aims to enhance the overall quality of life for its participants, providing them with the necessary support during challenging health circumstances.

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Impact




October, 2024

Electric Energy Inc Employee Benefit Fund significantly impacts its members by offering access to essential health benefits and life insurance. By functioning as a Voluntary Employee Beneficiary Association (VEBA), it allows participants to obtain vital health and welfare benefits that may not be readily available through traditional means. This support not only improves the overall well-being of individuals but also enhances their financial security in times of medical need or unexpected life events. Based in Irving, TX, the organization is dedicated to fulfilling its mission of providing peace of mind and a safety net for its participants, ensuring they are cared for and supported throughout their lives.




This information is meant to be a general summary of Electric Energy Inc Employee Benefit Fund. 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
-$1,496,027 (2022)
Expenses
$2,831,555 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$1,501,131
  • Gross Receipts: $6,358,236

Assets and Liabilities:

  • Total Assets: $6,481,286
  • Total Liabilities: $0
  • Net Assets: $6,481,286

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Organization Details

Founding Year

1993

Principal Officer

Carrie Kirby

Main Address

6555 SIERRA DRIVE, IRVING, TX, 75039

NTEE Category

Code: Y40 - Mutual benefit

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