Overview
What is Nuclear Fuel Services Inc Hourly Veba?
Nuclear Fuel Services Inc Hourly Veba is a nonprofit organization, specifically established to provide health and welfare benefits to eligible employees and their dependents of Nuclear Fuel Services, Inc. It operates under the Internal Revenue Code 501(C)(9), allowing it to extend these benefits to former employees as well. The organization's mission is to uphold the terms of the Nuclear Fuel Services, Inc. Health Plan for hourly employees, ensuring their well-being and support during and post-employment. This nonprofit organization, with its primary focus on employee benefits, operates from an unspecified location in Florida, as indicated by the PO Box address provided.
Is Nuclear Fuel Services Inc Hourly Veba legitimate?
Nuclear Fuel Services Inc Hourly Veba is a legitimate nonprofit organization registered as a 501(c)(9) entity. Nuclear Fuel Services Inc Hourly 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: $10,763
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Nuclear Fuel Services Inc Hourly Veba?
Nuclear Fuel Services Inc Hourly Veba's mission is centered around providing health and welfare benefits to specific employees and former employees of Nuclear Fuel Services, Inc., as well as their dependents. This is done in accordance with the terms of the company's health plan for hourly employees, in compliance with IRC 501(C)(9). The organization's primary objective is to ensure eligible employees have access to these benefits, contributing to their overall well-being.
Who is the CEO of Nuclear Fuel Services Inc Hourly Veba?
Truist Bank is the Trustee of Nuclear Fuel Services Inc Hourly Veba.
What is the revenue of Nuclear Fuel Services Inc Hourly Veba?
Nuclear Fuel Services Inc Hourly Veba's revenue in 2022 was $5,334,889.
Who are the executives of Nuclear Fuel Services Inc Hourly Veba and what are their salaries?
There is 1 key member and their salary:
- Compensation: $10,763
- Related: $0
- Other: $0
Where can I find the form 990 for Nuclear Fuel Services Inc Hourly Veba?
Nuclear Fuel Services Inc Hourly Veba's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Nuclear Fuel Services Inc Hourly Veba
Nuclear Fuel Services Inc Hourly Veba, as a nonprofit organization, is dedicated to offering health and welfare benefits to a specific group of employees and former employees of Nuclear Fuel Services, Inc, along with their dependents. This is carried out in accordance with the terms of the Nuclear Fuel Services, Inc Health Plan for Hourly Employees, as permitted under the Internal Revenue Code section 501(c)(9). The mission of this organization is to provide essential medical, financial, and wellness support to eligible individuals, ensuring they have access to the necessary resources to maintain their well-being. By adhering to these objectives, Nuclear Fuel Services Inc Hourly Veba plays a crucial role in enhancing the quality of life for its beneficiaries.
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Impact
October, 2024
Nuclear Fuel Services Inc Hourly VEBA significantly impacts the well-being of eligible employees and former employees, as well as their dependents. By providing health and welfare benefits, the organization ensures that members have access to essential healthcare services. This is particularly crucial in the nuclear industry, where employees may face unique health risks.
The benefits offered under the health plan are designed to meet the specific needs of hourly employees, helping to alleviate financial stress related to medical expenses. This support fosters a healthier workforce, contributing to improved job satisfaction and productivity. Additionally, by providing these benefits, the organization helps to retain skilled workers and attract new talent, bolstering the overall stability of the workforce.
Moreover, the VEBA plays a vital role in creating a safety net for employees and their families, promoting long-term health outcomes and financial security. In a broader sense, the provision of these benefits reflects a commitment to the welfare of the community, ultimately enhancing the quality of life for many individuals connected to Nuclear Fuel Services Inc.
This information is meant to be a general summary of Nuclear Fuel Services Inc Hourly 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 2022.
- Investment Income: $5,254,294
- Program Service Revenue: $80,595
- Gross Receipts: $15,302,066
Assets and Liabilities:
- Total Assets: $26,264,977
- Total Liabilities: $0
- Net Assets: $26,264,977
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYEE CONTRIBUTIONS
Revenue
$80,595
Organization Details
Founding Year
1993
Phone
(407) 237-5216Principal Officer
Truist Bank
Main Address
PO BOX 919798, ORLANDO, FL, 328919798
NTEE Category
Code: Y40 - Mutual benefit
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