Overview
What is Nyu Langone Health System Veba Trust?
Nyu Langone Health System Veba Trust is a nonprofit organization situated in Charlotte, North Carolina. Its primary mission is to offer retiree health benefits to the former employees of the associated employers and their dependents. While the main focus is on healthcare, additional benefits may be provided, as detailed in the plan documentation. The trust primarily serves as a financial resource, covering health benefits and insurance premiums for its members.
Official website here: www.med.nyu
Is Nyu Langone Health System Veba Trust legitimate?
Nyu Langone Health System Veba Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Nyu Langone Health System Veba Trust 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.med.nyu
What is the mission statement of Nyu Langone Health System Veba Trust?
The Nyu Langone Health System Veba Trust's primary mission is to offer retirement health benefits to the former employees of associated employers, their spouses, and dependents. While the main focus is on health benefits, additional benefits might be included as outlined in the plan document. The trust is responsible for paying health insurance premiums to its members, ensuring their health and well-being in retirement.
Official website here: www.med.nyu
What is the revenue of Nyu Langone Health System Veba Trust?
Nyu Langone Health System Veba Trust's revenue in 2023 was $1,178,583.
Official website here: www.med.nyu
Who are the executives of Nyu Langone Health System Veba Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $1,500
- Related: $0
- Other: $0
Official website here: www.med.nyu
Where can I find the form 990 for Nyu Langone Health System Veba Trust?
Nyu Langone Health System Veba Trust's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.med.nyu
Learn more at the official website: www.med.nyu
Mission Statement of Nyu Langone Health System Veba Trust
Nyu Langone Health System Veba Trust is committed to providing retiree health benefits for the former employees and their dependents of certain employers. This includes spouses and children, although other benefits may also be available as outlined in the plan document. The organization's primary mission is to ensure the wellbeing of these individuals by covering their health needs and insurance premiums. By doing so, Nyu Langone Health System Veba Trust plays a vital role in providing financial security and peace of mind during retirement. The trust's efforts contribute significantly to the overall health and wellbeing of its members, ensuring they can maintain their quality of life even after leaving their previous employment.
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Impact
October, 2024
Nyu Langone Health System Veba Trust significantly impacts the wellbeing of retirees by providing essential health benefits to former employees, their spouses, and dependents. This organization ensures that individuals who have dedicated their careers to the health system don't have to face financial burdens related to healthcare in retirement. By covering health benefits and insurance premiums, the trust creates a safety net that enhances the quality of life for retirees, allowing them to access the medical care they need without overwhelming costs. This support not only fosters a sense of security but also strengthens the bond between the organization and its former staff, promoting a culture of care that extends beyond employment. Overall, the trust plays a vital role in safeguarding the health and financial stability of its members and their families.
This information is meant to be a general summary of Nyu Langone Health System Veba Trust. 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 2023.
- Investment Income: $895
- Program Service Revenue: $4,062,322
- Gross Receipts: $29,154,095
Assets and Liabilities:
- Total Assets: $28,030,973
- Total Liabilities: $0
- Net Assets: $28,030,973
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Employee Contributions
Revenue
$4,062,129
TIAA-CREF Transactions
Revenue
$193
Organization Details
Founding Year
2016
Principal Officer
Nancy Sanchez
Website
www.med.nyuNTEE Category
Code: Y43 - Mutual benefit
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