Olin Corporation Veba C/O Olin Corporation

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

EIN: 431201633 ✦ Clayton, MO ✦ Designated as a 501(c)(9)

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Overview

What is Olin Corporation Veba C/O Olin Corporation?

Olin Corporation's Voluntary Employee Benefits Association (VEBA) is a nonprofit organization located at 190 Carondelet Plaza, Clayton, Missouri, 63105. Their primary mission is to offer life insurance, medical and dental benefits, and long-term disability benefits to eligible participants of Olin Corporation. Through this association, the VEBA aims to ensure the well-being of its members by providing essential health and welfare benefits. The organization's activities primarily revolve around the administration and distribution of these benefits to eligible individuals within the Olin Corporation.

Is Olin Corporation Veba C/O Olin Corporation legitimate?

Olin Corporation Veba C/O Olin Corporation is a legitimate nonprofit organization registered as a 501(c)(9) entity. Olin Corporation Veba C/O Olin Corporation 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: $7,205
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Olin Corporation Veba C/O Olin Corporation?

The Olin Corporation Veba CO functions as a Voluntary Employee Benefit Association, dedicated to extending health and welfare benefits to eligible participants within the Olin Corporation. Their primary objective is to ensure the provision of essential benefits such as life insurance, medical and dental coverage, and long-term disability benefits to those who meet the eligibility criteria. By doing so, they contribute significantly to the overall well-being and peace of mind of the employees and their families associated with the Olin Corporation. Their mission is geared towards improving the quality of life for the beneficiaries by addressing their essential needs in the areas of health and welfare.

Who is the CEO of Olin Corporation Veba C/O Olin Corporation?

Darlene Frye is the Vp Of Total Rewards of Olin Corporation Veba C/O Olin Corporation.

What is the revenue of Olin Corporation Veba C/O Olin Corporation?

Olin Corporation Veba C/O Olin Corporation's revenue in 2022 was $111,294,299.

Who are the executives of Olin Corporation Veba C/O Olin Corporation and what are their salaries?


Here are 5 key members and their salaries:


Wells Fargo Bank (Institutional Trustee)
  • Compensation: $7,205
  • Related: $0
  • Other: $0
Darlene Frye (Vp Of Total Rewards)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dana O'Brien (Ttee, Sr Vp/Gen Cnsl/Sec -Olin)
  • Compensation: $0
  • Related: $0
  • Other: $0
Valerie A Peters (Trustee, Vp Hr - Olin)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teresa M Vermillion (Trustee, Vp/Treasurer - Olin)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Olin Corporation Veba C/O Olin Corporation?

Olin Corporation Veba C/O Olin Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Olin Corporation Veba C/O Olin Corporation

Olin Corporation Veba CO, also known as Olin Corporation, is a Voluntary Employee Benefit Association dedicated to fulfilling a mission of providing health and welfare benefits to eligible participants of the Olin Corporation. This mission is not just confined to medical and dental coverage, but also extends to the provision of life insurance and long-term disability benefits. The primary goal of this organization is to enhance the well-being of its members by offering essential benefits that contribute significantly to their overall quality of life. Through its services, Olin Corporation Veba CO aims to bring peace of mind to the eligible employees of Olin Corporation, allowing them to focus on their personal and professional growth. By catering to the health and welfare needs of its members, the organization plays a vital role in fostering a healthy and productive workforce. In essence, Olin Corporation Veba CO acts as a safety net, safeguarding the health and well-being of its members, ensuring they have access to necessary benefits during times of need.

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Impact




October, 2024

Olin Corporation Veba C/O Olin Corporation plays a crucial role in enhancing the well-being of its eligible plan participants by providing essential health and welfare benefits. This organization delivers life insurance, medical and dental coverage, and long-term disability benefits, ensuring that employees have access to vital healthcare resources and financial security. By focusing on these benefits, it supports the overall health and financial stability of participants, allowing them to better manage personal and family health needs. This impact extends beyond the individual employees, fostering a healthier workforce and promoting a culture of care within the Olin Corporation community in Clayton, MO. Overall, it significantly contributes to the quality of life for employees by addressing critical health and welfare needs.




This information is meant to be a general summary of Olin Corporation Veba C/O Olin Corporation. 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
$111,294,299 (2022)
Expenses
$110,904,044 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $144,806
  • Program Service Revenue: $111,149,493
  • Gross Receipts: $111,294,299

Assets and Liabilities:

  • Total Assets: $9,436,923
  • Total Liabilities: $0
  • Net Assets: $9,436,923

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

EMPLOYER CONTRIBUTIONS

Revenue

$76,538,622

EMPLOYEE CONTRIBUTIONS

Revenue

$34,610,871

Organization Details

Founding Year

1980

Principal Officer

Darlene Frye

Main Address

190 CARONDELET PLAZA, CLAYTON, MO, 63105

NTEE Category

Code: Y20 - Mutual benefit

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