Overview
What is The Caltech Veba For Jpl Retirees?
The Caltech Veba for JPL Retirees is a trust-based organization, headquartered with a specific focus on managing contributions and benefits for the retiree health and life plans of JPL retirees at Caltech. This nonprofit entity holds and facilitates investments related to these programs, ensuring the provision of benefits to eligible retirees.
Is The Caltech Veba For Jpl Retirees legitimate?
The Caltech Veba For Jpl Retirees is a legitimate nonprofit organization registered as a 501(c)(9) entity. The Caltech Veba For Jpl Retirees 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: $9,598
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of The Caltech Veba For Jpl Retirees?
The Caltech Veba for JPL Retirees serves as a trust, overseeing contributions and managing the investments and benefit payments for the Caltech retiree health and life benefits program for JPL retirees. Its primary objective is to ensure the effective administration of this program. The trust plays a crucial role in facilitating the financial well-being of JPL retirees by handling their retirement benefits.
Who is the CEO of The Caltech Veba For Jpl Retirees?
S Cortez Co Risk Pgrm Admin is the Principal Officer of The Caltech Veba For Jpl Retirees.
What is the revenue of The Caltech Veba For Jpl Retirees?
The Caltech Veba For Jpl Retirees's revenue in 2022 was $35,932,581.
Who are the executives of The Caltech Veba For Jpl Retirees and what are their salaries?
There is 1 key member and their salary:
- Compensation: $9,598
- Related: $0
- Other: $0
Where can I find the form 990 for The Caltech Veba For Jpl Retirees?
The Caltech Veba For Jpl Retirees's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Caltech Veba For Jpl Retirees
The Caltech Veba for JPL Retirees is a trust that plays a vital role in managing the contributions and benefits payments for the retiree health and life plans of JPL retirees. Established to serve this unique group, the trust handles the investment aspect of the Caltech retiree benefits program for the retired workforce of JPL. The Caltech Veba for JPL Retirees functions as a dedicated entity, ensuring the financial security and well-being of JPL retirees by overseeing the investment and distribution of funds for their health and life benefits.
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Impact
October, 2024
The Caltech Veba for JPL Retirees plays a crucial role in supporting the health and life benefits program for retirees from the Jet Propulsion Laboratory (JPL). By managing contributions and overseeing the investment and benefits payments, it ensures that retirees can access necessary healthcare and life benefits, fostering financial security during their retirement years.
With its operations based in San Diego, California, the trust is specifically designed to cater to the unique needs of JPL retirees, providing a structured approach to benefit management. This not only helps retirees navigate their post-career lives more comfortably but also promotes a sense of community and mutual support among those who have dedicated their careers to pioneering space exploration and technology.
Overall, the Caltech Veba enhances the quality of life for JPL retirees, enabling them to enjoy their retirement without the added stress of inadequate health and life benefit support.
This information is meant to be a general summary of The Caltech Veba For Jpl Retirees. 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: $8,085,081
- Program Service Revenue: $27,516,003
- Gross Receipts: $35,936,649
Assets and Liabilities:
- Total Assets: $199,760,277
- Total Liabilities: $255,659
- Net Assets: $199,504,618
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CALTECH/JPL CONTRIBUTIONS
Revenue
$24,030,000
PARTICIPANT CONTRIBUTIONS
Revenue
$3,486,003
Organization Details
Founding Year
2015
Phone
(888) 276-0250Principal Officer
S Cortez Co Risk Pgrm Admin
Main Address
1843 HOTEL CIRCLE S STE 300, SAN DIEGO, CA, 92108
NTEE Category
Code: Y43 - Mutual benefit
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