Overview
What is La-Z-Boy Incorporated Veba?
La-Z-Boy Incorporated Veba is a nonprofit organization situated in Monroe, Michigan. Its primary function is as a Voluntary Employee Beneficiary Association (VEBA) trust. As a VEBA, it provides a platform for employees to contribute to and manage their own retirement benefits. The organization's mission is to offer a secure financial future for its members by managing and administering these funds. It serves as a fraternal organization, fostering a sense of community and shared purpose among its members.
Is La-Z-Boy Incorporated Veba legitimate?
La-Z-Boy Incorporated Veba is a legitimate nonprofit organization registered as a 501(c)(9) entity. La-Z-Boy Incorporated Veba submitted a form 990EZ, 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.
What is the mission statement of La-Z-Boy Incorporated Veba?
La-Z-Boy Incorporated Veba, as a fraternal organization, operates under the mission of a Voluntary Employee Beneficiary Association (VEBA) trust. This mission involves managing funds set aside by the company and its employees for the purpose of providing future retirement and health benefits to eligible employees and their families. The organization's primary goal is to safeguard and manage these funds in a responsible manner, ensuring they are available when needed. It serves as a financial safety net for its beneficiaries, providing them with financial security in their post-employment years.
Who is the CEO of La-Z-Boy Incorporated Veba?
Unavailable
What is the revenue of La-Z-Boy Incorporated Veba?
La-Z-Boy Incorporated Veba's revenue in 2020 was $0.
Who are the executives of La-Z-Boy Incorporated Veba and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for La-Z-Boy Incorporated Veba?
La-Z-Boy Incorporated Veba's most recent form 990EZ was submitted in 2020 and can be accessed here.
Mission Statement of La-Z-Boy Incorporated Veba
La-Z-Boy Incorporated VEBA, as a fraternal organization, serves a unique mission: that of a Voluntary Employee Beneficiary Association VEBA trust. In simpler terms, this organization is dedicated to managing and administering benefits for its members, acting as a trust for their well-being. This mission is crucial in providing financial security and support to its members, ensuring they have access to necessary benefits despite any employment changes or challenges. By functioning as a VEBA trust, La-Z-Boy Incorporated VEBA plays a crucial role in safeguarding its members' future health and financial well-being.
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Impact
October, 2024
La-Z-Boy Incorporated Veba plays a significant role in providing support and benefits to employees connected to La-Z-Boy Incorporated. By operating as a Voluntary Employee Beneficiary Association (VEBA), it facilitates a system that offers mutual assistance and benefits to its members. This organization focuses on enhancing the well-being of employees through various programs, fostering a sense of community, and ensuring that members can access essential resources when needed. Located in Monroe, MI, its mission reflects a commitment to mutual benefit, promoting a supportive environment that ultimately contributes to employee satisfaction and stability. The impact of La-Z-Boy Incorporated Veba extends beyond individual benefits, strengthening the overall workforce culture and enhancing the quality of life for its members.
This information is meant to be a general summary of La-Z-Boy Incorporated Veba. 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 2020.
Assets and Liabilities:
- Total Assets: $1
- Total Liabilities: $0
- Net Assets: $1
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Organization Details
Phone
(734) 242-1444Main Address
One La-Z-Boy Drive, Monroe, MI, 48162
NTEE Category
Code: Y40 - Mutual benefit
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