Overview
What is Mackenzie Engineering Inc Veba Trust?
Mackenzie Engineering Inc Veba Trust is a nonprofit organization located at 1515 SE Water Ave, Portland, Oregon. Its primary mission is to provide health care expense benefits to eligible retirees and their qualified beneficiaries, as permitted under IRC Sec. 501(C)(9). This organization operates with the aim of offering essential health care assistance to the retired workforce of Mackenzie Engineering Inc. The trust's activities are focused on extending financial support for health care expenses, thereby ensuring that retirees and their beneficiaries maintain their well-being.
Is Mackenzie Engineering Inc Veba Trust legitimate?
Mackenzie Engineering Inc Veba Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Mackenzie Engineering Inc 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
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What is the mission statement of Mackenzie Engineering Inc Veba Trust?
Mackenzie Engineering Inc's Veba Trust is dedicated to providing health care expense benefits to its eligible retirees and their qualified beneficiaries. This mission is in line with the guidelines set by the Internal Revenue Code Section 501(C)(9). The trust's primary goal is to ensure that retired employees from Mackenzie Engineering Inc. have access to necessary medical expenses, thereby supporting their well-being in their post-retirement years. The trust's activities are aimed at fulfilling this mission, providing a critical safety net for its beneficiaries.
Who is the CEO of Mackenzie Engineering Inc Veba Trust?
Terry Krause is the Trustee of Mackenzie Engineering Inc Veba Trust.
What is the revenue of Mackenzie Engineering Inc Veba Trust?
Mackenzie Engineering Inc Veba Trust's revenue in 2022 was $204,225.
Who are the executives of Mackenzie Engineering Inc 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 Mackenzie Engineering Inc Veba Trust?
Mackenzie Engineering Inc Veba Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mackenzie Engineering Inc Veba Trust
Mackenzie Engineering Inc Veba Trust is a nonprofit organization dedicated to providing healthcare expense benefits to eligible retirees. Its mission is to support the health needs of former employees of Mackenzie Engineering Inc and their qualified beneficiaries, as permitted under IRC Sec. 501(c)(9). This trust aims to alleviate the financial burden associated with healthcare expenses for these retirees, ensuring they can maintain their wellbeing in their post-employment years. By providing these benefits, Mackenzie Engineering Inc Veba Trust demonstrates its commitment to the welfare of its former workforce, fostering a sense of security and care beyond the confines of employment.
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Impact
October, 2024
Mackenzie Engineering Inc Veba Trust has a significant impact by providing essential health care expense benefits to eligible retirees and their qualified beneficiaries. This support helps ensure that former employees of Mackenzie Engineering, Inc. have access to necessary medical care, promoting their overall well-being and financial stability in retirement. By fulfilling its mission under IRC Section 501(c)(9), the Trust serves as a vital resource for retirees in Portland, Oregon, facilitating peace of mind during a critical stage of their lives. The benefits offered contribute to a sense of community and mutual aid, reinforcing the bond among former employees and enhancing their quality of life.
This information is meant to be a general summary of Mackenzie Engineering Inc 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: $12,864
- Program Service Revenue: $191,361
- Gross Receipts: $286,313
Assets and Liabilities:
- Total Assets: $853,609
- Total Liabilities: $0
- Net Assets: $853,609
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$191,361
Organization Details
Founding Year
2014
Phone
(503) 224-9560Principal Officer
Terry Krause
Main Address
1515 SE WATER AVE 100, PORTLAND, OR, 972143487
NTEE Category
Code: Y20 - Mutual benefit
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