Overview
What is Pds Veba Trust?
Pds Veba Trust is a benefit trust established in Des Moines, Iowa, with the primary mission of providing health and welfare benefits to eligible employers. This nonprofit organization sets up a plan to extend these benefits, catering to the needs of various employers who qualify for coverage. The trust aims to enhance the well-being of individuals within these organizations by offering essential health services and related welfare provisions.
What are the reviews and ratings of this charity?
Pds Veba Trust currently lacks a Charity Navigator rating, as it is not registered as a 501(c)(3) nonprofit, which is necessary for evaluation under their methodology. The absence of a rating does not inherently indicate any positive or negative attributes but simply reflects that it has not been assessed. Historical ratings mainly focused on accountability and finance, but specific details on revenue or expenses are not available for this organization.
The organization is categorized as independent with no foundation status that qualifies for Charity Navigator's typical assessments. The trust does not file a Form 990 with the IRS, which is a standard document for financial and operational transparency among nonprofits. Hence, it doesn’t fall under the eligibility for tax-deductible contributions which impacts the information available for public insight.
There are no user reviews available from GreatNonprofits, leaving a gap in additional public sentiment or anecdotal insights into the trust's operations. Public reviews could help provide more perspectives on the organization's impact or community interactions, but such feedback currently remains unavailable.
This AI summary has been generated from information found on Charity Navigator.
Is Pds Veba Trust legitimate?
Pds Veba Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Pds 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Pds Veba Trust?
The Pds Veba Trust has established a benefit trust plan, aimed at extending health and welfare benefits to eligible employers. This organization's mission centers around providing essential coverage, enhancing the overall well-being of employers and their workforce. By creating this trust, the Pds Veba Trust aims to ensure that eligible employers have access to crucial benefits, promoting a healthier and more secure work environment. The trust's benefits are designed to support employers in maintaining a productive and contented workforce, ultimately contributing to the overall success of their businesses.
Who is the CEO of Pds Veba Trust?
Principal Financial Group is the Trustee of Pds Veba Trust.
What is the revenue of Pds Veba Trust?
Pds Veba Trust's revenue in 2021 was $67,610,972.
Who are the executives of Pds Veba Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Pds Veba Trust?
Pds Veba Trust's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Pds Veba Trust
Pds Veba Trust, a benefit trust, is dedicated to extending health and welfare benefits to eligible employers. Established with a mission to provide essential coverage, this trust serves as a vital resource for employers in need. By setting up this trust plan, Pds Veba Trust aims to make a positive difference in the lives of many.
The trust's primary goal is to ensure that eligible employers have access to crucial health and welfare benefits. Through its well-structured plan, Pds Veba Trust empowers employers to focus on their core operations while the trust takes care of their benefits needs. This not only brings peace of mind to employers but also contributes to the overall well-being of their workforce.
In summary, Pds Veba Trust is a benevolent organization that has established a benefit trust plan to provide health and welfare benefits to eligible employers. With a focus on making a tangible difference, the trust enables employers to prioritize their operations while it looks after their benefits requirements.
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Impact
October, 2024
Pds Veba Trust significantly impacts employers in Iowa by providing a structured benefit trust plan tailored for those eligible for coverage. This initiative helps employers navigate the complexities of health and welfare benefits, ensuring that they can offer essential services to their employees. The trust fosters mutual benefit by pooling resources, which can lead to cost savings and improved access to healthcare options. By alleviating some of the financial burdens associated with employee benefits, Pds Veba Trust enables employers to focus more on their core operations and workforce wellbeing. The trust plays a crucial role in enhancing the overall health security of the community, ultimately contributing to a healthier workforce and a more robust local economy.
This information is meant to be a general summary of Pds 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 2021.
- Investment Income: $54
- Program Service Revenue: $67,610,918
- Gross Receipts: $67,610,972
Assets and Liabilities:
- Total Assets: $73,948
- Total Liabilities: $0
- Net Assets: $73,948
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$67,610,918
Organization Details
Founding Year
2014
Phone
(602) 562-0883Principal Officer
Principal Financial Group
Main Address
PO BOX 10316, DES MOINES, IA, 50306
NTEE Category
Code: Y30 - Mutual benefit
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