Teco Energy Group Voluntary Employees Beneficiary Association

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

EIN: 596511298 ✦ Tampa, FL ✦ Designated as a 501(c)(9)

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Overview

What is Teco Energy Group Voluntary Employees Beneficiary Association?

Teco Energy Group Voluntary Employees Beneficiary Association is a nonprofit organization situated in Tampa, Florida. This association falls under the classification of fraternal beneficiary societies and voluntary employee associations. Its primary objective is to offer benefits to eligible employees. Last year, the organization reported a total revenue of $4,451,686. This nonprofit organization is committed to serving its employees through its operations in Tampa, FL.

Is Teco Energy Group Voluntary Employees Beneficiary Association legitimate?

Teco Energy Group Voluntary Employees Beneficiary Association is a legitimate nonprofit organization registered as a 501(c)(9) entity. Teco Energy Group Voluntary Employees Beneficiary Association 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 Teco Energy Group Voluntary Employees Beneficiary Association?

The Teco Energy Group Voluntary Employees Beneficiary Association, functioning as a fraternal beneficiary society and voluntary employee association, primarily focuses on providing benefits to eligible employees. This organization's mission is centered around supporting its employees by offering necessary benefits. Although specific details about the nature of these benefits are not provided, it can be inferred that the association aims to enhance the well-being and security of its members.

Who is the CEO of Teco Energy Group Voluntary Employees Beneficiary Association?

Unavailable

What is the revenue of Teco Energy Group Voluntary Employees Beneficiary Association?

Teco Energy Group Voluntary Employees Beneficiary Association's revenue in 2022 was $4,500,978.

Who are the executives of Teco Energy Group Voluntary Employees Beneficiary Association and what are their salaries?


There is 1 key member and their salary:


Bny Mellon (Trustee)
  • Compensation: $9,205
  • Related: $0
  • Other: $0
Where can I find the form 990 for Teco Energy Group Voluntary Employees Beneficiary Association?

Teco Energy Group Voluntary Employees Beneficiary Association's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Teco Energy Group Voluntary Employees Beneficiary Association

Teco Energy Group Voluntary Employees Beneficiary Association, a fraternal beneficiary society and voluntary employee association, is dedicated to providing benefits to its eligible employees. This organization operates with the primary mission of extending support and assistance to its employees, ensuring their well-being and financial security. The Teco Energy Group Voluntary Employees Beneficiary Association generates revenue to fulfill this mission and serves as a testament to its commitment to its employees. The organization's activities are focused on providing beneficial resources and support, demonstrating its dedication to the welfare and success of its workforce.

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Impact




October, 2024

The Teco Energy Group Voluntary Employees Beneficiary Association provides essential benefits to eligible employees, enhancing their financial security and well-being. By operating as a fraternal beneficiary society, it fosters a sense of community and mutual support among its members, allowing for shared resources and collective assistance during times of need. The association's activities not only focus on the provision of benefits but also promote camaraderie and solidarity among employees.

With total revenues of $4,451,686, the organization plays a significant role in the Tampa region, contributing to the local economy while supporting its members. Through its mission, it ensures that employees have access to valuable resources that can help mitigate financial burdens, thus positively impacting their quality of life. Overall, the Teco Energy Group Voluntary Employees Beneficiary Association serves as a vital support system for its members, empowering them to navigate challenges with greater confidence and security.




This information is meant to be a general summary of Teco Energy Group Voluntary Employees Beneficiary Association. 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
$4,500,978 (2022)
Expenses
$4,576,099 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $10,147
  • Program Service Revenue: $4,490,831
  • Gross Receipts: $4,500,978

Assets and Liabilities:

  • Total Assets: $922,944
  • Total Liabilities: $36,439,364
  • Net Assets: -$35,516,420

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Programs

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

EMPLOYER CONTRIBUTION

Revenue

$3,244,562

VOLUNTARY EMPLOYEE CONTRIBUTION

Revenue

$1,246,269

Organization Details

Founding Year

1984

Main Address

PO Box 111, Tampa, FL, 33601

NTEE Category

Code: Y40 - Mutual benefit

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