Overview
What is At&T Veba Trust?
At&T Veba Trust is a nonprofit organization located in Room 1825, 208 S Akard Street, Dallas, Texas 75202. Its primary mission is to finance health and insurance benefits for AT&T, Inc. employees, retirees, and their dependents, in accordance with IRC 501(C)(9). The Trust is dedicated to funding benefit expenses and focuses on supporting the wellbeing of those associated with AT&T.
Is At&T Veba Trust legitimate?
At&T Veba Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. At&T 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: $51,173
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of At&T Veba Trust?
The At&T Veba Trust is dedicated to funding benefit expenses. In simple terms, it is designed to provide health and insurance benefits for At&T, Inc. employees, retirees, and their dependents, as permitted under IRC 501(C)(9). This trust ensures the financial support necessary for eligible individuals to access essential healthcare and insurance services. By managing these benefits, the trust plays a crucial role in enhancing the well-being and financial security of those associated with At&T, Inc.
Who is the CEO of At&T Veba Trust?
Ingrid Berner is the Trustee of At&T Veba Trust.
What is the revenue of At&T Veba Trust?
At&T Veba Trust's revenue in 2022 was $2,904,976,190.
Who are the executives of At&T Veba Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $51,173
- Related: $0
- Other: $0
Where can I find the form 990 for At&T Veba Trust?
At&T Veba Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of At&T Veba Trust
At&t Veba Trust, a charitable trust, dedicates itself to funding benefit expenses for At&t, Inc. employees, retirees, and their dependents. The organization's primary mission is to ensure the financial coverage of healthcare and insurance benefits for this demographic as outlined in the Internal Revenue Code 501(C)(9).
In simple terms, At&t Veba Trust acts as a safety net for eligible employees and retirees of At&t, Inc., providing them with essential health and insurance benefits. By fulfilling this vital role, the trust enables its beneficiaries to maintain their well-being and stability, ultimately enhancing their quality of life.
Moreover, the trust's activities contribute significantly to the overall morale and job satisfaction of At&t, Inc. employees, knowing that their hard work and commitment to the company are rewarded with comprehensive benefits packages that cater to their health and insurance needs. Furthermore, the trust provides invaluable peace of mind for retirees, ensuring they continue to enjoy the benefits they have earned throughout their careers.
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Impact
October, 2024
The AT&T VEBA Trust plays a crucial role in supporting the health and well-being of AT&T, Inc. employees, retirees, and their dependents. By funding benefit expenses, it ensures access to essential health and insurance benefits, which can significantly alleviate financial burdens associated with medical care. This support not only contributes to the physical well-being of individuals but also enhances their overall quality of life, fostering a sense of security among employees and retirees. Located in Dallas, Texas, the trust operates under the guidelines permitted by IRC 501(c)(9), emphasizing its commitment to mutual benefit for those associated with AT&T. Through its initiatives, the trust reinforces the importance of employee welfare in the corporate landscape.
This information is meant to be a general summary of At&T 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: $1,537,010
- Program Service Revenue: $2,903,439,180
- Gross Receipts: $5,774,669,616
Assets and Liabilities:
- Total Assets: $460,381,233
- Total Liabilities: $0
- Net Assets: $460,381,233
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTION
Revenue
$2,719,463,511
EMPLOYEE CONTRIBUTION
Revenue
$183,975,669
Organization Details
Founding Year
1987
Phone
(214) 486-8949Principal Officer
Ingrid Berner
Main Address
208 S AKARD STREET ROOM 1825, DALLAS, TX, 75202
NTEE Category
Code: Y30 - Mutual benefit
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