Overview
What is Amicalola Electric Membership Corporation Veba Trust?
Amicalola Electric Membership Corporation Veba Trust is a nonprofit organization situated in Jasper, Georgia, specifically at 544 Highway 515 South, 30143. Its primary mission is to offer retirement health benefits to eligible employees of Amicalola Electric Membership Corporation, as stated under IRC Section 501(C)(9). This trust is dedicated to ensuring the wellbeing of its beneficiaries, providing them with necessary healthcare benefits post-retirement.
Official website here: www.amicalolaemc.com/
Is Amicalola Electric Membership Corporation Veba Trust legitimate?
Amicalola Electric Membership Corporation Veba Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Amicalola Electric Membership 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: $105,566
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.amicalolaemc.com/
What is the mission statement of Amicalola Electric Membership Corporation Veba Trust?
The Amicalola Electric Membership Corporation Veba Trust is dedicated to providing specific retirement health benefits for eligible employees who fall under its coverage. This organization operates under the exemption of IRC Section 501(C)(9), and its primary mission is to extend these health benefits to the eligible employees of Amicalola Electric Membership Corporation. By doing so, the trust aims to support the well-being of its beneficiaries in their retirement years.
Official website here: www.amicalolaemc.com/
Who is the CEO of Amicalola Electric Membership Corporation Veba Trust?
Todd Payne is the Trustee of Amicalola Electric Membership Corporation Veba Trust.
Official website here: www.amicalolaemc.com/
What is the revenue of Amicalola Electric Membership Corporation Veba Trust?
Amicalola Electric Membership Corporation Veba Trust's revenue in 2022 was -$2,430,316.
Official website here: www.amicalolaemc.com/
Who are the executives of Amicalola Electric Membership Corporation Veba Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $105,566
- Related: $0
- Other: $0
Official website here: www.amicalolaemc.com/
Where can I find the form 990 for Amicalola Electric Membership Corporation Veba Trust?
Amicalola Electric Membership Corporation Veba Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.amicalolaemc.com/
Learn more at the official website: www.amicalolaemc.com/
Mission Statement of Amicalola Electric Membership Corporation Veba Trust
Amicalola Electric Membership Corporation Veba Trust is a nonprofit organization with a mission to provide certain retirement health benefits for eligible employees of Amicalola Electric Membership Corporation. This trust serves as a means to support the health needs of those individuals who were covered by the corporation, ensuring they receive the necessary care in their retirement years. The trust, exempt under IRC Section 501(c)(9), plays a crucial role in providing financial assistance and ensuring the well-being of its beneficiaries in their post-employment stage.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Amicalola Electric Membership Corporation VEBA Trust significantly impacts the financial security and health of eligible retirees from Amicalola Electric Membership Corporation by providing critical health benefits. The trust ensures that former employees have access to necessary medical and health services, which can alleviate the burden of healthcare costs during retirement. This support enables retirees to maintain a higher quality of life and promotes overall well-being, allowing them to focus on their personal and family needs without the stress of overwhelming medical expenses. The VEBA Trust's mission to deliver these benefits plays a vital role in fostering a positive retirement experience for those who dedicated their careers to the organization.
This information is meant to be a general summary of Amicalola Electric Membership 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: $430,802
- Program Service Revenue: $465,144
- Gross Receipts: $7,124,431
Assets and Liabilities:
- Total Assets: $18,650,815
- Total Liabilities: $0
- Net Assets: $18,650,815
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRIBUTIONS - AMICALOLA EMC
Revenue
$465,144
Organization Details
Founding Year
2004
Phone
(706) 253-5200Principal Officer
Todd Payne
Main Address
544 HIGHWAY 515 SOUTH, JASPER, GA, 30143
Website
www.amicalolaemc.com/NTEE Category
Code: Y43 - Mutual benefit
If you are a representative of Amicalola Electric Membership Corporation Veba Trust and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.