Overview
What is Cal Poly Corporation Veba Trust?
Cal Poly Corporation Veba Trust is a nonprofit organization situated in San Luis Obispo, California. Its primary mission is to manage and distribute certain post-employment benefits for eligible retirees and their dependents. This entity serves as a financial resource, ensuring the continuation of certain benefits beyond an individual's employment, thereby providing financial security and support to retirees and their families.
Is Cal Poly Corporation Veba Trust legitimate?
Cal Poly Corporation Veba Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Cal Poly Corporation 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: $5,478
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Cal Poly Corporation Veba Trust?
The Cal Poly Corporation Veba Trust's mission is to serve as an entity responsible for managing funds to cover certain post-employment benefits for eligible retirees and their dependents. This organization is dedicated to ensuring these individuals continue to receive essential benefits after their retirement. The primary activity of the Cal Poly Corporation Veba Trust is to pay out these benefits, thereby providing financial support and security to its beneficiaries.
Who is the CEO of Cal Poly Corporation Veba Trust?
Dan Banfield is the Chief Administrator of Cal Poly Corporation Veba Trust.
What is the revenue of Cal Poly Corporation Veba Trust?
Cal Poly Corporation Veba Trust's revenue in 2022 was $1,332,458.
Who are the executives of Cal Poly Corporation Veba Trust and what are their salaries?
There 8 volunteers at Cal Poly Corporation Veba Trust.
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $189,247
- Other: $28,118
- Compensation: $0
- Related: $85,680
- Other: $23,968
- Compensation: $0
- Related: $105,016
- Other: $16,272
- Compensation: $0
- Related: $149,329
- Other: $32,874
- Compensation: $0
- Related: $103,941
- Other: $11,348
- Compensation: $0
- Related: $63,478
- Other: $20,070
- Compensation: $0
- Related: $89,806
- Other: $20,485
- Compensation: $0
- Related: $120,734
- Other: $27,230
- Compensation: $5,478
- Related: $0
- Other: $0
Where can I find the form 990 for Cal Poly Corporation Veba Trust?
Cal Poly Corporation Veba Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cal Poly Corporation Veba Trust
Cal Poly Corporation Veba Trust, as a mission-driven entity, is dedicated to providing financial support for certain post-employment benefits. This organization serves as a vital resource for eligible retirees and their dependents, ensuring they continue to receive essential benefits beyond their employment period. By undertaking this role, Cal Poly Corporation Veba Trust contributes significantly to the well-being of its beneficiaries, offering them peace of mind and security in their post-retirement years.
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Impact
October, 2024
Cal Poly Corporation VEBA Trust plays a critical role in supporting eligible retirees and their dependents by providing post-employment benefits. By offering financial resources for these benefits, the Trust ensures that retirees can access essential healthcare services and other necessities after their employment has ended. This support helps to enhance the quality of life for retirees, alleviating financial burdens associated with healthcare costs and other related expenses.
Located in San Luis Obispo, California, the Trust operates with a mission to effectively manage and disburse funds for these post-employment benefits, ensuring that eligible beneficiaries receive the support they need. The impact of the Trust extends beyond individual retirees, fostering a sense of security and community within the broader Cal Poly environment. Through its dedicated efforts, the Cal Poly Corporation VEBA Trust contributes to the overall well-being of former employees and their families, enhancing their post-retirement experience.
This information is meant to be a general summary of Cal Poly Corporation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $940,445
- Program Service Revenue: $392,013
- Gross Receipts: $2,790,840
Assets and Liabilities:
- Total Assets: $25,988,991
- Total Liabilities: $67,392
- Net Assets: $25,921,599
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$392,013
Organization Details
Founding Year
2014
Phone
(805) 756-5031Principal Officer
Dan Banfield
Main Address
CORPORATION ADMIN BUILDING 15, SAN LUIS OBISPO, CA, 93407
NTEE Category
Code: Y43 - Mutual benefit
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