One Gas Inc Veba Master Trust For Collective Bargaining Unit Former Employees

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

EIN: 562542479 ✦ Tulsa, OK ✦ Designated as a 501(c)(9)

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Overview

What is One Gas Inc Veba Master Trust For Collective Bargaining Unit Former Employees?

One Gas Inc Veba Master Trust for Collective Bargaining Unit Former Employees is a charitable trust, established as a funding vehicle, that provides medical benefits for eligible former employees and their dependents who were part of collective bargaining units. Based in Tulsa, Oklahoma, this organization serves as a means for the plan sponsor to fulfill its commitment to healthcare coverage for these individuals. The trust's primary mission is to ensure that these former employees, who were once part of the collective bargaining units, continue to receive essential medical benefits.


Official website here: www.onegas.com

Is One Gas Inc Veba Master Trust For Collective Bargaining Unit Former Employees legitimate?

One Gas Inc Veba Master Trust For Collective Bargaining Unit Former Employees is a legitimate nonprofit organization registered as a 501(c)(9) entity. One Gas Inc Veba Master Trust For Collective Bargaining Unit Former Employees 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


Official website here: www.onegas.com

What is the mission statement of One Gas Inc Veba Master Trust For Collective Bargaining Unit Former Employees?

The One Gas Inc Veba Master Trust for Collective Bargaining Unit Former Employees serves as a funding vehicle for the sponsor's medical benefit payments for eligible former employees and their dependents who are part of collective bargaining units. Its primary mission is to ensure these individuals continue to receive necessary medical benefits post-employment. The trust works towards facilitating the plan sponsor's financial commitment to maintaining the health and wellbeing of its former employees in this capacity. The trust's activities are centered around administering and managing these medical benefit payments.


Official website here: www.onegas.com

Who is the CEO of One Gas Inc Veba Master Trust For Collective Bargaining Unit Former Employees?

Mark W Smith is the Trustee of One Gas Inc Veba Master Trust For Collective Bargaining Unit Former Employees.


Official website here: www.onegas.com

What is the revenue of One Gas Inc Veba Master Trust For Collective Bargaining Unit Former Employees?

One Gas Inc Veba Master Trust For Collective Bargaining Unit Former Employees's revenue in 2022 was -$5,617,850.


Official website here: www.onegas.com

Who are the executives of One Gas Inc Veba Master Trust For Collective Bargaining Unit Former Employees and what are their salaries?


There is 1 key member and their salary:


Us Bank (Trustee)
  • Compensation: $274,110
  • Related: $0
  • Other: $0


Official website here: www.onegas.com

Where can I find the form 990 for One Gas Inc Veba Master Trust For Collective Bargaining Unit Former Employees?

One Gas Inc Veba Master Trust For Collective Bargaining Unit Former Employees's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.onegas.com

Learn more at the official website: www.onegas.com

Mission Statement of One Gas Inc Veba Master Trust For Collective Bargaining Unit Former Employees

One Gas Inc Veba Master Trust for Collective Bargaining Unit Former Employees serves as a funding mechanism for the sponsor's payment of medical benefits to eligible former employees and their dependants. This group, primarily consisting of members of collective bargaining units, benefits from this trust, ensuring they continue to receive essential medical coverage post-employment. The trust acts as a bridge, ensuring the financial commitment of the plan sponsor towards the medical well-being of its former employees, thereby demonstrating a sense of continued care and support beyond the traditional employment period.

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Impact




October, 2024

One Gas Inc Veba Master Trust For Collective Bargaining Unit Former Employees serves as a critical funding vehicle for medical benefits for eligible former employees and their dependents who are members of collective bargaining units. By providing financial support for healthcare costs, the trust plays a significant role in ensuring that these individuals have access to necessary medical services after their employment has ended. This support fosters economic security and enhances the quality of life for former employees and their families, contributing to their overall well-being. Furthermore, the trust underscores the importance of supporting labor rights and securing fair benefits for workers, reflecting a commitment to upholding agreements made through collective bargaining.




This information is meant to be a general summary of One Gas Inc Veba Master Trust For Collective Bargaining Unit Former Employees. 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
-$5,617,850 (2022)
Expenses
$6,607,461 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$6,689,706
  • Program Service Revenue: $1,071,856
  • Gross Receipts: $8,546,401

Assets and Liabilities:

  • Total Assets: $90,642,336
  • Total Liabilities: $0
  • Net Assets: $90,642,336

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Programs

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

EMPLOYEE/EMPLOYER CONTRIBUTIONS

Revenue

$1,071,856

Organization Details

Founding Year

2005

Principal Officer

Mark W Smith

Main Address

15 EAST FIFTH ST, TULSA, OK, 74103

NTEE Category

Code: Y43 - Mutual benefit

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