Veba Trust Agreement For Liberty Utilities Non-Union Employees

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

EIN: 466541199 ✦ Overland park, KS ✦ Designated as a 501(c)(9)

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Overview

What is Veba Trust Agreement For Liberty Utilities Non-Union Employees?

The Veba Trust Agreement for Liberty Utilities Non-Union Employees is a funding mechanism established to support the provision of health and dental care benefits for the organization's non-union employees, their dependents, and retirees. This trust serves as a financial vehicle for Liberty Utilities, ensuring the continuity of essential medical benefits for its non-union workforce. The trust's mission is focused on enhancing the well-being of its beneficiaries by offering health and dental care services. The trust's activities and operations are centered in Overland Park, Kansas.

Is Veba Trust Agreement For Liberty Utilities Non-Union Employees legitimate?

Veba Trust Agreement For Liberty Utilities Non-Union Employees is a legitimate nonprofit organization registered as a 501(c)(9) entity. Veba Trust Agreement For Liberty Utilities Non-Union Employees 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 Veba Trust Agreement For Liberty Utilities Non-Union Employees?

The Veba Trust serves as the funding mechanism for the Plan Sponsor to offer health and dental care benefits to non-union employees, their dependents, and retirees of Liberty Utilities. Its primary mission is to ensure the provision of these essential medical services, providing a safety net for the beneficiaries. The trust does not engage in advocacy or research, but rather focuses on the direct provision of healthcare benefits, acting as a crucial support system for the specified workforce and their families.

Who is the CEO of Veba Trust Agreement For Liberty Utilities Non-Union Employees?

Punam Maini is the Director of Veba Trust Agreement For Liberty Utilities Non-Union Employees.

What is the revenue of Veba Trust Agreement For Liberty Utilities Non-Union Employees?

Veba Trust Agreement For Liberty Utilities Non-Union Employees's revenue in 2022 was $1,022,703.

Who are the executives of Veba Trust Agreement For Liberty Utilities Non-Union Employees and what are their salaries?


There is 1 key member and their salary:


Benefit Trust Company (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Veba Trust Agreement For Liberty Utilities Non-Union Employees?

Veba Trust Agreement For Liberty Utilities Non-Union Employees's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Veba Trust Agreement For Liberty Utilities Non-Union Employees

Veba Trust Agreement for Liberty Utilities Non-Union Employees serves as the financing mechanism for the plan sponsor to provide health and dental care benefits to non-union employees, their dependents, and retirees of Liberty Utilities. In essence, this trust fund ensures that eligible individuals have access to necessary medical and dental coverage. The purpose of this trust is to uphold the commitment of Liberty Utilities towards the well-being of its non-union workforce, their family members, and retired employees, by providing them with essential health and dental care benefits.

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Impact




October, 2024

The Veba Trust Agreement for Liberty Utilities Non-Union Employees serves as a crucial funding vehicle designed to provide health and dental care benefits to non-union employees, their dependents, and retirees of Liberty Utilities. By ensuring financial resources are allocated for these essential benefits, the Trust plays a significant role in the overall well-being and stability of employees and their families.

This structure not only enhances employee satisfaction and morale but also supports workforce retention by offering valuable health benefits. Furthermore, the Trust helps to manage and streamline the costs associated with employee health care, delivering a predictable and effective means for the company to fulfill its commitments to its workforce. In doing so, it contributes to a more secure and supportive work environment, ultimately fostering a healthier and more engaged employee base.




This information is meant to be a general summary of Veba Trust Agreement For Liberty Utilities Non-Union Employees. 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
$1,022,703 (2022)
Expenses
$1,215,934 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $346,780
  • Program Service Revenue: $675,923
  • Gross Receipts: $4,553,696

Assets and Liabilities:

  • Total Assets: $20,811,330
  • Total Liabilities: $0
  • Net Assets: $20,811,330

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$675,923

Organization Details

Founding Year

2013

Principal Officer

Punam Maini

Main Address

5901 COLLEGE BOULEVARD 100, OVERLAND PARK, KS, 66211

NTEE Category

Code: Y43 - Mutual benefit

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