Overview
What is Southern Research Institute Veba?
Southern Research Institute Veba is a nonprofit organization situated in Birmingham, Alabama. Its primary mission is to offer funded health insurance benefits to all eligible retired employees. The organization's purpose is to ensure the well-being of its retired employees by providing them with comprehensive health coverage. This mission is upheld through a dedicated focus on health insurance benefits for its retired workforce. The information provided does not include details about any other programs or initiatives the organization might undertake.
Is Southern Research Institute Veba legitimate?
Southern Research Institute Veba is a legitimate nonprofit organization registered as a 501(c)(9) entity. Southern Research Institute 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Southern Research Institute Veba?
The Southern Research Institute Veba fund is established with the purpose of providing health insurance benefits to all eligible retired employees in a funded manner. This mission is carried out to ensure the well-being and healthcare needs of retired employees are met post-employment. The fund is committed to providing these benefits in a financially sustainable manner, ensuring the continuity of healthcare coverage for its beneficiaries. The fund's primary goal is to provide a secure and comprehensive health insurance safety net for its retired employees. The fund's operations are centered around this mission, aiming to deliver on its promise of healthcare support to its retirees.
What is the revenue of Southern Research Institute Veba?
Southern Research Institute Veba's revenue in 2023 was $131,239.
Who are the executives of Southern Research Institute Veba and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $255,805
- Other: $21,308
Where can I find the form 990 for Southern Research Institute Veba?
Southern Research Institute Veba's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Southern Research Institute Veba
Southern Research Institute Veba, as stated in its mission, is primarily dedicated to providing health insurance benefits to all eligible retired employees in a funded manner. The organization's purpose is to ensure these retired employees have access to necessary health care services after their active employment, ensuring their well-being and financial security. The fund is designed to cover the health care needs of these retired employees, providing them with the peace of mind they deserve after their years of service.
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Impact
October, 2024
Southern Research Institute Veba significantly impacts the lives of retired employees by ensuring that they have access to essential health insurance benefits. By providing a structured and funded approach to health coverage, it alleviates the financial burden often associated with healthcare costs in retirement. This initiative not only promotes the well-being of retirees but also fosters a sense of security and peace of mind, knowing that their healthcare needs are being addressed. Based in Birmingham, Alabama, the institute’s commitment to supporting eligible retired employees exemplifies its role in enhancing quality of life within the community and upholding the legacy of those who dedicated their careers to Southern Research Institute.
This information is meant to be a general summary of Southern Research Institute 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 2023.
- Investment Income: $131,239
- Gross Receipts: $131,239
Assets and Liabilities:
- Total Assets: $3,796,371
- Total Liabilities: $0
- Net Assets: $3,796,371
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Organization Details
Founding Year
2003
Principal Officer
David A Rutledge
NTEE Category
Code: Y43 - Mutual benefit
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