Nisource Union Life And Medical Benefits Veba Trust

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

EIN: 510344224 ✦ Merrillville, IN ✦ Designated as a 501(c)(9)

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Overview

What is Nisource Union Life And Medical Benefits Veba Trust?

Nisource Union Life and Medical Benefits Veba Trust is a nonprofit organization that prioritizes offering life and medical insurance advantages to eligible participants and their dependents. The primary objective of this trust is to ensure the financial security and well-being of its members by catering to their insurance needs, thereby contributing positively to their overall well-being.

Is Nisource Union Life And Medical Benefits Veba Trust legitimate?

Nisource Union Life And Medical Benefits Veba Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Nisource Union Life And Medical Benefits 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 Nisource Union Life And Medical Benefits Veba Trust?

The Nisource Union Life and Medical Benefits Veba Trust's primary mission is to extend life and medical insurance coverage to eligible participants and their dependents. This organization is committed to offering these insurance benefits, aiming to provide a sense of security and reassurance in health and wellbeing matters for the covered individuals. By offering these benefits, the trust strives to alleviate some of the financial burdens that can arise from medical emergencies or other unforeseen health issues. It is important to note that the trust's role is solely to provide insurance benefits, and it does not provide direct medical care or treatment.

Who is the CEO of Nisource Union Life And Medical Benefits Veba Trust?

Randy Hulen is the Agent Of Pln Administrator of Nisource Union Life And Medical Benefits Veba Trust.

What is the revenue of Nisource Union Life And Medical Benefits Veba Trust?

Nisource Union Life And Medical Benefits Veba Trust's revenue in 2022 was $1,926,734.

Who are the executives of Nisource Union Life And Medical Benefits Veba Trust and what are their salaries?


Here are 7 key members and their salaries:


Randy Hulen (Agent Of Pln Administrator)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gunnar Gode (Agent Of Pln Administrator)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brett Radulovich (Agent Of Pln Administrator)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kimberly Cartella (Agent Of Pln Administrator - New)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Brow (Agent Of Pln Administrator- Past)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jillian Hansen (Agent Of Pln Administrator)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melanie Berman (Agent Of Pln Administrator)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Nisource Union Life And Medical Benefits Veba Trust?

Nisource Union Life And Medical Benefits Veba Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Nisource Union Life And Medical Benefits Veba Trust

Nisource Union Life and Medical Benefits Veba Trust, in essence, is dedicated to providing life and medical insurance benefits to eligible participants and their dependents. This nonprofit organization's mission is to ensure the financial security and well-being of its members by offering comprehensive insurance coverage. By providing these benefits, Nisource Union Life and Medical Benefits Veba Trust aims to alleviate the financial burden of medical emergencies and help its members maintain their health and quality of life. The trust's mission is a testament to its commitment to supporting its members during challenging times, offering them peace of mind and a safety net when they need it most.

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Impact




October, 2024

Nisource Union Life And Medical Benefits Veba Trust plays a crucial role in enhancing the well-being of eligible participants and their dependents by providing essential life and medical insurance benefits. Located in Merrillville, Indiana, the trust's primary mission is to ensure access to necessary healthcare and financial security during critical times. By offering these benefits, it helps alleviate the financial burden associated with medical expenses, thus contributing to the overall stability and peace of mind for individuals and families. This support fosters a healthier community and promotes mutual benefit among its members, reinforcing the importance of collective responsibility in managing health and wellness.




This information is meant to be a general summary of Nisource Union Life And Medical Benefits 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.

Revenue
$1,926,734 (2022)
201120122013201420152016201720182019202020212022$0$4M$8M$12M$16M
Expenses
$2,460,557 (2022)
201120122013201420152016201720182019202020212022$0$1.5M$3M$4.5M$6M
Efficiency
2011201220132014201520162017201820192020202120220%0.2%0.4%0.6%0.8%1%

Other financial information:

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

  • Investment Income: $1,547,843
  • Program Service Revenue: $378,891
  • Gross Receipts: $6,514,313

Assets and Liabilities:

  • Total Assets: $40,957,085
  • Total Liabilities: $54,271
  • Net Assets: $40,902,814

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$378,891

Organization Details

Founding Year

1993

Principal Officer

Randy Hulen

Main Address

801 EAST 86TH AVENUE, MERRILLVILLE, IN, 46410

NTEE Category

Code: Y43 - Mutual benefit

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