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Nrlca Veba Trust

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

EIN: 465090278 ✦ Alexandria, VA ✦ Designated as a 501(c)(9)

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Overview

What is Nrlca Veba Trust?

The Nrlca Veba Trust is a nonprofit organization responsible for financing the health benefit plan for the Nrlca membership and its staff. With a mission to fund all health-related plans and benefits, the trust provides essential coverage for the Nrlca community.


Official website here: www.nrlca.org

What are the reviews and ratings of this charity?

The NRLCA VEBA Trust is currently not rated by Charity Navigator. This is primarily due to its status as a non-501(c)(3) organization, which precludes it from being assessed using Charity Navigator's methodologies for Accountability & Finance, Impact & Measurement, or Culture & Community. Such ratings require specific IRS registration to evaluate a nonprofit's financial health and effectiveness comprehensively.

Without evaluation, it's challenging to provide an insight into the trust's operational or financial strengths. The absence of IRS Form 990 data limits transparency, a crucial factor in assessing financial health and accountability. While this organization might be performing well in its specialized domain, these factors remain speculative without external validation.

Due to the lack of user reviews on GreatNonprofits, there's limited public feedback to gauge community sentiment or client satisfaction. Potential stakeholders or beneficiaries may need to rely on other forms of due diligence or direct inquiry to gain insights into the trust's effectiveness and community impact.


This AI summary has been generated from information found on Charity Navigator.

Is Nrlca Veba Trust legitimate?

Nrlca Veba Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Nrlca 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: $160,443
Professional Fundraising Fees: $0
Other Salaries and Wages: $241,818

For more financial information, click here


Official website here: www.nrlca.org

What is the mission statement of Nrlca Veba Trust?

The Nrlca Veba Trust is responsible for financing the health plan and benefits offered to the membership and employees of the Nrlca. Through this trust, essential health services and benefits are made accessible to the Nrlca community. The Nrlca Veba Trust's primary focus is on ensuring the wellbeing of its members and staff by funding various health plans and benefits. The trust plays a crucial role in providing financial support for these programs, ultimately enhancing the overall health and well-being of the Nrlca community.


Official website here: www.nrlca.org

Who is the CEO of Nrlca Veba Trust?

Thomas K Turner is the Trustee of Nrlca Veba Trust.


Official website here: www.nrlca.org

What is the revenue of Nrlca Veba Trust?

Nrlca Veba Trust's revenue in 2022 was $422,302,896.


Official website here: www.nrlca.org

Who are the executives of Nrlca Veba Trust and what are their salaries?


Here are 3 key members and their salaries:


Thomas Turner (Trustee)
  • Compensation: $0
  • Related: $46,998
  • Other: $12,277
Clifford Dailing (Outgoing Trustee)
  • Compensation: $0
  • Related: $156,960
  • Other: $62,232
Cameron Deml (Director Of Insurance Prog)
  • Compensation: $145,408
  • Related: $0
  • Other: $15,035


Official website here: www.nrlca.org

Where can I find the form 990 for Nrlca Veba Trust?

Nrlca Veba Trust's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nrlca.org

Learn more at the official website: www.nrlca.org

Mission Statement of Nrlca Veba Trust

The Nrlca Veba Trust is a vital organization that plays a significant role in funding the health plan and benefits for the membership and employees of the National Rural Letter Carriers Association (Nrlca). In essence, this trust serves as the financial backbone, ensuring the availability of comprehensive health services for the Nrlca community.

Through its mission, the Nrlca Veba Trust provides essential resources for the rural carrier benefit plan, catering to the health needs of the Nrlca membership. Simultaneously, it supports the Nrlca staff health plan, which prioritizes the well-being of the trust's dedicated employees. By funding all aspects of these plans, the Nrlca Veba Trust demonstrates a steadfast commitment to the health and welfare of those it serves.

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Impact




October, 2024

The Nrlca Veba Trust significantly impacts its membership and staff by providing comprehensive funding for health plans and benefits tailored specifically for rural carriers. By ensuring that the NRLCA health plan is well-resourced, the Trust plays a crucial role in supporting the well-being of its members and employees in Alexandria, VA. This financial backing facilitates access to necessary healthcare services and benefits, promoting healthier outcomes and a better quality of life for those it serves. The Trust's ongoing support is essential for maintaining a robust safety net for rural carriers, ultimately fostering a more resilient community.




This information is meant to be a general summary of Nrlca 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.

Revenue
$422,302,896 (2022)
Expenses
$448,117,548 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $39,313
  • Program Service Revenue: $422,263,583
  • Gross Receipts: $422,302,896

Assets and Liabilities:

  • Total Assets: $131,608,191
  • Total Liabilities: $3,940,954
  • Net Assets: $127,667,237

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Programs

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

INSURANCE PREMIUM REVENUE

Revenue

$422,263,583

Organization Details

Founding Year

2014

Principal Officer

Thomas K Turner

Main Address

1630 DUKE STREET 4TH FLOOR, ALEXANDRIA, VA, 223143465

NTEE Category

Code: P43 - Human services

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