New York University Hospitals Center Veba

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

EIN: 466250356 ✦ Charlotte, NC ✦ Designated as a 501(c)(9)

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Overview

What is New York University Hospitals Center Veba?

New York University Hospitals Center Veba is a nonprofit organization, specifically designed to provide retired health benefits to the former employees of New York University Hospitals Center and their eligible dependents. Located in Charlotte, North Carolina, the organization focuses on delivering essential healthcare benefits to its members. While the primary objective is to offer retiree health benefits, it may also provide other benefits, as detailed in the plan document.


Official website here: www.med.nyu.edu

Is New York University Hospitals Center Veba legitimate?

New York University Hospitals Center Veba is a legitimate nonprofit organization registered as a 501(c)(9) entity. New York University Hospitals Center 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.med.nyu.edu

What is the mission statement of New York University Hospitals Center Veba?

New York University Hospitals Center Veba is dedicated to granting retired employees and their dependents access to health benefits. This organization's primary focus is on providing essential health coverage to its members. Though the plan document may outline additional benefits, the core mission revolves around ensuring that former hospital employees have continued access to healthcare services and related insurance premiums. By offering these advantages, New York University Hospitals Center Veba demonstrates a commitment to the wellbeing of its retired workers and their families.


Official website here: www.med.nyu.edu

Who is the CEO of New York University Hospitals Center Veba?

Nancy Sanchez is the Principal Officer of New York University Hospitals Center Veba.


Official website here: www.med.nyu.edu

What is the revenue of New York University Hospitals Center Veba?

New York University Hospitals Center Veba's revenue in 2022 was $17,897,377.


Official website here: www.med.nyu.edu

Who are the executives of New York University Hospitals Center Veba and what are their salaries?


There is 1 key member and their salary:


Tiaa Trust Na (Trustee)
  • Compensation: $1,500
  • Related: $0
  • Other: $0


Official website here: www.med.nyu.edu

Where can I find the form 990 for New York University Hospitals Center Veba?

New York University Hospitals Center Veba's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.med.nyu.edu

Learn more at the official website: www.med.nyu.edu

Mission Statement of New York University Hospitals Center Veba

New York University Hospitals Center Veba, a nonprofit organization, is dedicated to extending health benefits and insurance coverage to the retired employees of New York University Hospitals Center and their dependents. Although the organization offers more than just retiree health benefits, as outlined in the plan document, its primary focus is on ensuring the well-being of its members in their post-employment years.

With a commitment to the welfare of its members, New York University Hospitals Center Veba assumes the responsibility of paying for the health insurance premiums for its beneficiaries. This provision not only grants peace of mind to retirees, but also ensures they maintain access to essential health services, allowing them to live healthier and more productive lives.

In summary, New York University Hospitals Center Veba serves as a vital safety net for its retired employees and their families. By providing health benefits and managing insurance premiums, the organization enables its members to enjoy peace of mind and focus on their personal growth and well-being in their retirement years.

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Impact




October, 2024

New York University Hospitals Center Veba significantly impacts the lives of its members by providing essential health benefits to former employees and their families. This organization ensures that retirees have access to necessary healthcare services and financial support for insurance premiums, which can be critical during retirement. By safeguarding the health benefits of those who dedicated their careers to the hospital, NYU Hospitals Center Veba promotes a sense of security and well-being among former staff and their dependents. This support contributes to the overall quality of life for retirees, allowing them to focus on their health and personal fulfillment after their professional tenure.




This information is meant to be a general summary of New York University Hospitals Center 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.

Revenue
$17,897,377 (2022)
Expenses
$320,736 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,128,296
  • Program Service Revenue: $14,769,081
  • Gross Receipts: $35,196,194

Assets and Liabilities:

  • Total Assets: $90,390,189
  • Total Liabilities: $0
  • Net Assets: $90,390,189

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Programs

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

Employee Contributions

Revenue

$14,757,494

TIAA-CREF Transactions

Revenue

$11,587

Organization Details

Founding Year

2012

Principal Officer

Nancy Sanchez

Main Address

8625 ANDREW CARNEGIE BLVD ATTN CORP, CHARLOTTE, NC, 28262

NTEE Category

Code: Y44 - Mutual benefit

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