Overview
What is Ak Steel Corp Veba?
Ak Steel Corp Veba is a nonprofit entity situated in Milwaukee, Wisconsin. Its primary role involves managing a trust responsible for financing various employee benefit programs. This encompasses covering medical expenses and insurance premiums for its participants. The trust serves as a vital resource to its participants, ensuring they have access to necessary healthcare and insurance coverage.
Is Ak Steel Corp Veba legitimate?
Ak Steel Corp Veba is a legitimate nonprofit organization registered as a 501(c)(9) entity. Ak Steel Corp 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: $5,625
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Ak Steel Corp Veba?
Ak Steel Corp Veba operates a trust with the primary objective of funding various employee benefit programs. This includes covering medical expenses and paying insurance premiums for the participating individuals. The trust, based elsewhere, plays a significant role in supporting the healthcare needs of its participants. By providing financial assistance in these areas, Ak Steel Corp Veba's trust aims to enhance the well-being and welfare of its members. The trust does not seem to have a publicly stated mission beyond this fundamental purpose.
Who is the CEO of Ak Steel Corp Veba?
The Bank Of New York Mellon is the Trustee (See Schedule O) of Ak Steel Corp Veba.
What is the revenue of Ak Steel Corp Veba?
Ak Steel Corp Veba's revenue in 2022 was $922,578.
Who are the executives of Ak Steel Corp Veba and what are their salaries?
There is 1 key member and their salary:
- Compensation: $5,625
- Related: $0
- Other: $0
Where can I find the form 990 for Ak Steel Corp Veba?
Ak Steel Corp Veba's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ak Steel Corp Veba
Ak Steel Corp Veba serves as a vital entity that manages a trust, dedicated to funding employee benefit programs. This nonprofit organization plays a significant role in ensuring the financial coverage of medical expenses and insurance premiums for its participants. Based on the provided information, it can be inferred that Ak Steel Corp Veba's primary mission revolves around the well-being and financial security of its participants, providing them with essential health benefits. Although the location of Ak Steel Corp Veba is not explicitly stated in the data, it is established that the organization is headquartered in Milwaukee, WI.
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Impact
October, 2024
Ak Steel Corp Veba significantly impacts its community by managing a trust that funds essential employee benefit programs, particularly in the areas of medical expenses and insurance premiums. This support is crucial for participants, providing them with necessary financial assistance that contributes to their overall well-being and health security. Operating out of Milwaukee, WI, its mission directly enhances the quality of life for employees, ensuring they can access healthcare services without the burden of excessive out-of-pocket costs. In doing so, Ak Steel Corp Veba fosters a sense of stability and security among its participants, promoting a healthier workforce in the Pittsburgh area and beyond.
This information is meant to be a general summary of Ak Steel Corp 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $42,578
- Program Service Revenue: $880,000
- Gross Receipts: $1,322,028
Assets and Liabilities:
- Total Assets: $3,621,266
- Total Liabilities: $0
- Net Assets: $3,621,266
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$880,000
Organization Details
Founding Year
2011
Phone
(412) 234-2242Principal Officer
The Bank Of New York Mellon
Main Address
C/O THE BNYM PO BOX 535007, PITTSBURGH, PA, 152535007
NTEE Category
Code: Y43 - Mutual benefit
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