Overview
What is Union Pacific Corporation Employee Pay All Veba?
Union Pacific Corporation Employee Pay All Veba is a nonprofit organization, specifically a Voluntary Employees' Beneficiary Association (VEBA), situated in Omaha, Nebraska. Its primary role is to manage and distribute financial benefits to Union Pacific Corporation's employees, retirees, their dependents, and designated beneficiaries. By holding assets and making payments as required, this organization ensures the well-being and support of its affiliated workforce across various life stages.
Is Union Pacific Corporation Employee Pay All Veba legitimate?
Union Pacific Corporation Employee Pay All Veba is a legitimate nonprofit organization registered as a 501(c)(9) entity. Union Pacific Corporation Employee Pay All 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Union Pacific Corporation Employee Pay All Veba?
Union Pacific Corporation Employee Pay All Veba's primary role is to manage assets and ensure the distribution of benefits to Union Pacific Corporation's employees, retirees, their dependents, and designated beneficiaries. The organization's mission is centered around maintaining financial resources and providing financial assistance when needed, serving as a safety net for the workforce and their families. By holding assets and making benefit payments, this organization plays a crucial role in supporting the well-being of Union Pacific Corporation's employees and their families throughout various stages of life.
Who is the CEO of Union Pacific Corporation Employee Pay All Veba?
Corrie E Shumaker is the Trust Comm Member of Union Pacific Corporation Employee Pay All Veba.
What is the revenue of Union Pacific Corporation Employee Pay All Veba?
Union Pacific Corporation Employee Pay All Veba's revenue in 2020 was $1,311,659.
Who are the executives of Union Pacific Corporation Employee Pay All Veba and what are their salaries?
Here are 3 key members and their salaries:
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Where can I find the form 990 for Union Pacific Corporation Employee Pay All Veba?
Union Pacific Corporation Employee Pay All Veba's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of Union Pacific Corporation Employee Pay All Veba
Union Pacific Corporation Employee Pay All Veba, as the name suggests, is an organization dedicated to serving the financial needs of Union Pacific Corporation and its affiliates' employees, retirees, their dependents, and designated beneficiaries. Its primary mission is to hold and manage assets, acting as a financial safety net. When the time comes, it fulfills its duty by paying out benefits to the aforementioned individuals, ensuring their financial well-being. In essence, Union Pacific Corporation Employee Pay All Veba serves as a financial support system for the corporation's workforce, ensuring that they are taken care of both during their active employment and in their retirement years.
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Impact
October, 2024
The Union Pacific Corporation Employee Pay All VEBA plays a crucial role in providing financial security and health benefits to employees, retirees, their dependents, and designated beneficiaries associated with Union Pacific Corporation and its affiliates. By holding and managing assets specifically for this purpose, the VEBA ensures that members receive necessary health care coverage and financial support, particularly in retirement.
This organization addresses the long-term welfare of employees and their families, creating a safety net that can significantly impact their quality of life. The availability of benefits might enhance employee satisfaction, retention, and attraction, contributing to a more committed workforce. Moreover, because the VEBA is dedicated to mutual benefit, it fosters a sense of community and support among employees and retirees, which can improve morale and overall workplace culture.
In summary, the impact of the Union Pacific Corporation Employee Pay All VEBA extends beyond just financial assistance; it contributes to the well-being of employees and their families, supporting a stable and motivated workforce.
This information is meant to be a general summary of Union Pacific Corporation Employee Pay All 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2020.
- Investment Income: $1,311,659
- Gross Receipts: $7,068,695
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
2001
Phone
(402) 544-4939Principal Officer
Corrie E Shumaker
Main Address
1400 DOUGLAS STREET STOP 1620, OMAHA, NE, 681791620
NTEE Category
Code: Y43 - Mutual benefit
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