Patriot Retirees Voluntary Employees' Beneficiary Association

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

EIN: 465643526 ✦ Triangle, VA ✦ Designated as a 501(c)(9)

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Overview

What is Patriot Retirees Voluntary Employees' Beneficiary Association?

Patriot Retirees Voluntary Employees' Beneficiary Association, often referred to as Patriot Retirees Veba, is a nonprofit organization that specializes in offering health and welfare benefits to retired individuals. Operating as a fraternal beneficiary society and voluntary employees association, this organization provides a range of programs aimed at enhancing the well-being of retirees. By functioning in this capacity, Patriot Retirees Veba fulfills its mission to provide essential health and welfare support to the retired population.

Is Patriot Retirees Voluntary Employees' Beneficiary Association legitimate?

Patriot Retirees Voluntary Employees' Beneficiary Association is a legitimate nonprofit organization registered as a 501(c)(9) entity. Patriot Retirees Voluntary Employees' Beneficiary Association 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Patriot Retirees Voluntary Employees' Beneficiary Association?

The Patriot Retirees Voluntary Employees' Beneficiary Association, often referred to as Patriot Retirees Veba, is dedicated to providing health and welfare benefits to its retiree members. Operating as a fraternal beneficiary society and voluntary employees association, it offers various programs aimed at enhancing the well-being of its retired members. The organization's primary mission is to extend these essential benefits, thereby contributing to the overall well-being and security of its retirees.

Who is the CEO of Patriot Retirees Voluntary Employees' Beneficiary Association?

Jason Haught is the Trustee of Patriot Retirees Voluntary Employees' Beneficiary Association.

What is the revenue of Patriot Retirees Voluntary Employees' Beneficiary Association?

Patriot Retirees Voluntary Employees' Beneficiary Association's revenue in 2022 was $1,787,880.

Who are the executives of Patriot Retirees Voluntary Employees' Beneficiary Association and what are their salaries?


Here are 3 key members and their salaries:


Kevin Fagan (Trustee)
  • Compensation: $0
  • Related: $168,277
  • Other: $40,993
Jason Haught (Chairman)
  • Compensation: $0
  • Related: $136,940
  • Other: $42,036
Micheal Buckner (Trustee)
  • Compensation: $0
  • Related: $24,000
  • Other: $0
Where can I find the form 990 for Patriot Retirees Voluntary Employees' Beneficiary Association?

Patriot Retirees Voluntary Employees' Beneficiary Association's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Patriot Retirees Voluntary Employees' Beneficiary Association

Patriot Retirees Voluntary Employees' Beneficiary Association, often referred to as Patriot Retirees Veba, is an organization dedicated to providing health and welfare benefits to retirees. Operating as a fraternal beneficiary society and voluntary employees association, this nonprofit association offers various programs designed to cater to the wellbeing needs of retirees. Its mission is to extend support and care to these individuals, ensuring they have access to essential health benefits throughout their post-retirement life.

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Impact




October, 2024

Patriot Retirees Voluntary Employees' Beneficiary Association significantly enhances the lives of retirees by providing essential health and welfare benefits through a range of programs. Operating from Triangle, VA, this organization focuses on supporting its members with various services tailored to their needs, ensuring they have access to crucial resources. By functioning as a fraternal beneficiary society and voluntary employees' association, it fosters a sense of community among retirees, promoting mutual support and camaraderie. The impact of Patriot Retirees VEBA is evident in the improved quality of life for its members, as it addresses their health and welfare needs while helping them navigate the challenges often faced in retirement.




This information is meant to be a general summary of Patriot Retirees Voluntary Employees' Beneficiary Association. 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
$1,787,880 (2022)
Expenses
$1,516,885 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,037
  • Program Service Revenue: $1,786,843
  • Gross Receipts: $1,787,880

Assets and Liabilities:

  • Total Assets: $958,641
  • Total Liabilities: $0
  • Net Assets: $958,641

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$1,281,356

PRESCRIPTION REBATES

Revenue

$470,798

RETIREE DRUG SUBSIDIES

Revenue

$34,689

Organization Details

Founding Year

2013

Principal Officer

Jason Haught

Main Address

18354 QUANTICO GATEWAY DRIVE 200, TRIANGLE, VA, 22172

NTEE Category

Code: Y43 - Mutual benefit

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