Overview
What is Mtea Participants' Veba Trust?
Mtea Participants' Veba Trust is a nonprofit organization established on August 3, 2012, in Franklin, Wisconsin. Its primary purpose is to provide post-retirement health care benefits for retirees of the Milwaukee Teachers' Education Association. By amending the original MTEA Veba Trust, this trust fund was created to ensure financial security for retired educators. The trust's activities are focused on fulfilling this mission, ensuring that eligible retired teachers have access to necessary healthcare benefits after their retirement.
Is Mtea Participants' Veba Trust legitimate?
Mtea Participants' Veba Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Mtea Participants' 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
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What is the mission statement of Mtea Participants' Veba Trust?
The Mtea Participants' Veba Trust was established on August 3, 2012, with an amendment to the original MTEA Veba Trust. Its primary mission is to provide funding for post-retirement health care benefits for retirees of the Milwaukee Teachers' Education Association. This trust aims to ensure the continued well-being of its beneficiaries in their retirement years, offering essential health care support. The trust serves as a commitment to the retired teachers, providing them with the necessary medical care they deserve after a lifetime of service in education.
Who is the CEO of Mtea Participants' Veba Trust?
Sidney Hatch is the Admin Commit of Mtea Participants' Veba Trust.
What is the revenue of Mtea Participants' Veba Trust?
Mtea Participants' Veba Trust's revenue in 2022 was $244,327.
Who are the executives of Mtea Participants' Veba Trust and what are their salaries?
Here are 3 key members and their salaries:
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Where can I find the form 990 for Mtea Participants' Veba Trust?
Mtea Participants' Veba Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mtea Participants' Veba Trust
The Mtea Participants' Veba Trust, established on August 3, 2012, was created as a result of an amendment to the original Mtea Veba Trust. This organization's primary mission is to provide financing for post-retirement healthcare benefits for retirees of the Milwaukee Teachers' Education Association. By doing so, it aims to ensure that these educators have access to necessary medical care during their retirement years. The trust serves as a testament to the organization's commitment to the well-being and support of its retired members, ensuring they maintain a decent quality of life post-retirement.
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Impact
October, 2024
Mtea Participants' Veba Trust significantly impacts the retirees of the Milwaukee Teachers' Education Association (MTEA) by providing essential funding for post-retirement healthcare benefits. Established on August 3, 2012, as an amendment to the original MTEA VEBA Trust, it directly addresses the healthcare needs of retired educators, ensuring they have access to necessary medical services and support. This funding mechanism enhances financial security for retirees, alleviating concerns over the cost of healthcare in retirement. By doing so, Mtea Participants' Veba Trust contributes to the overall well-being and quality of life of former teachers, recognizing their years of service and commitment to education.
This information is meant to be a general summary of Mtea Participants' 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 2022.
- Investment Income: $238,525
- Program Service Revenue: $5,802
- Gross Receipts: $542,045
Assets and Liabilities:
- Total Assets: $5,736,340
- Total Liabilities: $0
- Net Assets: $5,736,340
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PREMIUMS PAID BY MEMBERS
Revenue
$5,802
Organization Details
Founding Year
1992
Phone
(414) 218-4670Principal Officer
Sidney Hatch
Main Address
6826 WEST GREYHAWK COURT, FRANKLIN, WI, 53132
NTEE Category
Code: Y40 - Mutual benefit
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