Overview
What is Pohlad Companies Veba?
Pohlad Companies Veba is a Voluntary Employee Benefit Association (VEBA) set up to fund and distribute medical and dental benefits for eligible participants and their families. Established under the sponsorship of Marquette Companies LLC, this trust provides health and welfare benefits to employees of certain affiliated entities. The trust's mission is to ensure the availability of medical and dental coverage as part of the Pohlad Companies' benefit programs.
Is Pohlad Companies Veba legitimate?
Pohlad Companies Veba is a legitimate nonprofit organization registered as a 501(c)(9) entity. Pohlad Companies 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: $3,566
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Pohlad Companies Veba?
The Pohlad Companies Veba trust was set up to offer medical and dental benefits to eligible participants and their families. These benefits form part of the comprehensive medical and dental plans provided by the Pohlad Companies. Marquette Companies LLC sponsors the plan, intended to extend health and welfare advantages to qualifying employees of affiliated entities. The trust's mission is to ensure the provision and maintenance of these essential benefits.
Who is the CEO of Pohlad Companies Veba?
Unavailable
What is the revenue of Pohlad Companies Veba?
Pohlad Companies Veba's revenue in 2022 was $21,868,091.
Who are the executives of Pohlad Companies Veba and what are their salaries?
There is 1 key member and their salary:
- Compensation: $3,566
- Related: $0
- Other: $0
Where can I find the form 990 for Pohlad Companies Veba?
Pohlad Companies Veba's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Pohlad Companies Veba
Pohlad Companies Veba, a trust established by the Pohlad Group, is dedicated to providing and maintaining medical and dental benefits for participating employees and their eligible family members. This trust functions as a component benefit program of the Pohlad Companies' Medical and Dental Plan, which is sponsored by Marquette Companies LLC. The mission of Pohlad Companies Veba is to extend health and welfare benefits to qualifying employees of certain entities under common control. The trust aims to ensure the wellbeing of its participants by offering comprehensive medical and dental coverage.
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Impact
October, 2024
Pohlad Companies VEBA plays a significant role in enhancing the health and welfare of employees and their families within the Pohlad Companies framework. By establishing a trust specifically designed to provide and maintain medical and dental benefits, VEBA ensures that eligible participants have access to essential healthcare services. This initiative not only supports the physical well-being of employees but also contributes to their overall job satisfaction and productivity.
The trust operates as a voluntary employee benefit association, underpinning a coordinated effort to fund healthcare needs and facilitate the distribution of employee benefits. By managing these crucial benefits effectively, VEBA helps to create a more secure and supportive work environment, fostering a culture of care within the organizations it serves.
In addition to the direct impact on healthcare access, the VEBA initiative has broader implications for employee retention and recruitment. Companies that prioritize comprehensive health benefits demonstrate a commitment to their workforce, making them more attractive to potential employees and helping to retain existing talent. Overall, Pohlad Companies VEBA serves as a key component of a robust benefits strategy, prioritizing the health and welfare of employees across common control entities.
This information is meant to be a general summary of Pohlad Companies 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: $1,231
- Program Service Revenue: $21,866,860
- Gross Receipts: $21,868,091
Assets and Liabilities:
- Total Assets: $905,860
- Total Liabilities: $0
- Net Assets: $905,860
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTION
Revenue
$15,810,107
EMPLOYEE CONTRIBUTION
Revenue
$6,056,753
Organization Details
Founding Year
2013
Phone
(651) 466-6269Main Address
PO BOX 0634, MILWAUKEE, WI, 532010634
NTEE Category
Code: Y20 - Mutual benefit
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