Schwans Shared Services Llc Veba

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 411851523 ✦ Las vegas, NV ✦ Designated as a 501(c)(9)

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Overview

What is Schwans Shared Services Llc Veba?

Schwans Shared Services Llc Veba is a nonprofit organization that formerly provided health and dental benefits to its members. The primary mission of this nonprofit was focused on ensuring access to essential healthcare services. Although the current status of the organization is not specified in the provided information, it was once an active entity dedicated to improving the health and wellbeing of those it served.

Is Schwans Shared Services Llc Veba legitimate?

Schwans Shared Services Llc Veba is a legitimate nonprofit organization registered as a 501(c)(9) entity. Schwans Shared Services Llc 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

For more financial information, click here

What is the mission statement of Schwans Shared Services Llc Veba?

The nonprofit organization, Schwans Shared Services Llc Veba, was once active in providing health and dental benefits to its members. However, it is now terminated or no longer in operation. Previously, its mission was focused on ensuring access to essential health services for the individuals it served. The organization's activities were centered around managing and administering health and dental benefits plans, providing educational resources, and advocating for the needs of its members. Despite its termination, its legacy likely includes the positive impact it had on the lives of those it served during its operational years.

Who is the CEO of Schwans Shared Services Llc Veba?

Wells Fargo Bank is the Principal Officer of Schwans Shared Services Llc Veba.

What is the revenue of Schwans Shared Services Llc Veba?

Schwans Shared Services Llc Veba's revenue in 2020 was $33,012,400.

Who are the executives of Schwans Shared Services Llc Veba and what are their salaries?


There is 1 key member and their salary:


Wells Fargo Bank Na (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Schwans Shared Services Llc Veba?

Schwans Shared Services Llc Veba's most recent form 990 was submitted in 2020 and can be accessed here.

Mission Statement of Schwans Shared Services Llc Veba

Schwans Shared Services Llc Veba, formerly a thriving nonprofit organization, aimed to extend health and dental benefits to individuals in need. This mission was centered around providing essential coverage, ensuring access to vital healthcare services for the community it served. Despite its commendable legacy, the organization is now terminated or no longer active.

In its active years, Schwans Shared Services Llc Veba dedicated itself to making a significant impact on people's lives by catering to their health and dental needs. Its purpose was to bridge the gap between those who had access to healthcare and those who did not, ultimately contributing to a healthier and more equitable society. Unfortunately, the organization's story does not continue as it once did.

Though its mission has come to an end, the spirit of Schwans Shared Services Llc Veba remains in the lives it touched. Its legacy serves as a reminder of the importance of accessible health and dental benefits in ensuring the well-being of individuals and communities. While the organization may no longer be active, its impact continues to resonate.

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Impact




October, 2024

Schwans Shared Services LLC VEBA's impact primarily revolved around providing health and dental benefits to its members. Although the organization has ceased operations, its focus on delivering essential health services played a significant role in supporting the well-being of its participants during its active years. As a voluntary employees' benefit association (VEBA), it enabled collective bargaining and cost-sharing, which allowed members to access health and dental resources that may have been otherwise out of reach.

The termination of Schwans Shared Services LLC VEBA signifies a gap in available benefits for its past members, potentially affecting their access to necessary health services. The loss of such an organization can lead to an increased financial burden on individuals seeking similar benefits in the future. Overall, while its operations were beneficial during its existence, the dissolution reflects a broader challenge in maintaining accessible healthcare solutions for workers in the industry.




This information is meant to be a general summary of Schwans Shared Services Llc 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.

Revenue
$33,012,400 (2020)
Expenses
$37,949,335 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Investment Income: $3,790
  • Program Service Revenue: $33,008,610
  • Gross Receipts: $33,012,400

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

$33,008,610

Organization Details

Founding Year

2001

Principal Officer

Wells Fargo Bank

Main Address

6325 S RAINBOW BLVD STE 300, LAS VEGAS, NV, 89118

NTEE Category

Code: Y20 - Mutual benefit

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