Overview
What is Uaw-Gm Center Veba?
Uaw-Gm Center Veba is a defined contribution plan, serving as a nonprofit organization, located in Pittsburgh, Pennsylvania. This plan is specifically designed to provide health care benefits for eligible retirees, their spouses, and dependents. The primary mission of Uaw-Gm Center Veba is to ensure these individuals have access to necessary health care benefits, contributing to their overall well-being. While the organization focuses on defined contribution, the details of how this works or the specifics of the plan itself are not provided in the information.
Is Uaw-Gm Center Veba legitimate?
Uaw-Gm Center Veba is a legitimate nonprofit organization registered as a 501(c)(9) entity. Uaw-Gm Center Veba 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
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What is the mission statement of Uaw-Gm Center Veba?
Uaw-Gm Center Veba has a defined contribution plan for providing health care benefits to eligible retirees, their spouses, and dependents. The primary mission of this plan is to offer financial assistance for healthcare needs, catering to retirees and their families. This plan aims to ensure that eligible individuals have access to necessary healthcare services during their retirement years. By providing this benefit, Uaw-Gm Center Veba seeks to enhance the overall well-being and quality of life for its eligible retirees and their dependents. The plan operates as a defined contribution model, meaning that the retirees and their families contribute towards their healthcare expenses based on the plan's provisions.
What is the revenue of Uaw-Gm Center Veba?
Uaw-Gm Center Veba's revenue in 2021 was $914,914.
Who are the executives of Uaw-Gm Center 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 990 for Uaw-Gm Center Veba?
Uaw-Gm Center Veba's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Uaw-Gm Center Veba
UAW-GM Center Veba is dedicated to providing defined contribution plans for health care benefits to eligible retirees, their spouses, and dependents. This nonprofit organization's mission is centered around ensuring that retired individuals and their families have access to necessary health care benefits. By offering a defined contribution plan, UAW-GM Center Veba empowers its beneficiaries to make their own health care decisions within the allocated funds. This approach allows for a personalized and flexible solution to health care needs, catering to the unique requirements of each family.
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Impact
October, 2024
The UAW-GM Center VEBA significantly impacts the financial security and health care access of eligible retirees, their spouses, and dependents. By offering a defined contribution plan, it helps ensure that these individuals receive necessary health care benefits, mitigating the expenses associated with medical care. This support is particularly crucial for retirees who may have limited income and increased health care needs.
The availability of health care benefits through the VEBA allows retirees to maintain a better quality of life and provides peace of mind regarding their health care costs. Furthermore, by addressing the health care needs of retirees, the VEBA indirectly contributes to the overall well-being of the community in Pittsburgh, PA, and enhances the support network for families facing health challenges. Overall, the UAW-GM Center VEBA plays a vital role in safeguarding the health and financial stability of a significant portion of the retired workforce associated with the automotive industry.
This information is meant to be a general summary of Uaw-Gm Center 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 2021.
- Investment Income: $413,325
- Program Service Revenue: $501,589
- Gross Receipts: $4,045,997
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$501,589
Organization Details
Founding Year
2016
NTEE Category
Code: Y430 - Mutual benefit
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