Overview
What is Municipal Employee Veba Trust?
The Municipal Employee Veba Trust is a nonprofit organization, as per section 501(c)(9) of the Internal Revenue Code. Located in Elmhurst, Illinois, its primary purpose is to serve as a Voluntary Employees' Beneficiary Association (VEBA). This association provides a designated fund for the benefit of municipal employees, offering them financial support in specific circumstances. The Trust's activities are centered around this mission, ensuring the well-being of its member employees.
Is Municipal Employee Veba Trust legitimate?
Municipal Employee Veba Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Municipal Employee 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Municipal Employee Veba Trust?
The Municipal Employee Veba Trust, as per its mission, serves as a voluntary employees beneficiary association, in accordance with section 501(c)(9) of the Internal Revenue Code. Its primary objective is to provide a structured platform for employees, ensuring they have a beneficiary association that adheres to the guidelines set forth in this section of the Internal Revenue Code. The trust's purpose is to offer this service to its employees, providing them with a sense of security and support. It is important to note that the trust operates within the framework of the Internal Revenue Code, ensuring compliance and adherence to established guidelines.
Who is the CEO of Municipal Employee Veba Trust?
Rich Bruno is the President of Municipal Employee Veba Trust.
What is the revenue of Municipal Employee Veba Trust?
Municipal Employee Veba Trust's revenue in 2022 was $1,244,400.
Who are the executives of Municipal Employee Veba Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Municipal Employee Veba Trust?
Municipal Employee Veba Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Municipal Employee Veba Trust
The Municipal Employee Veba Trust, as per its mission statement, serves as a voluntary employees' beneficiary association in accordance with section 501(c)(9) of the Internal Revenue Code. This organization is dedicated to providing a supportive system for its members, adhering to the guidelines set forth by the Internal Revenue Code. Its primary function is to offer a beneficial association for employees, ensuring they have the necessary support when needed.
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Impact
October, 2024
Municipal Employee Veba Trust offers significant benefits to its members by providing a structured voluntary employee beneficiary association in adherence to Section 501(c)(9) of the Internal Revenue Code. This organization serves as a vital resource for employees, allowing them to access pooled benefits that can help cover medical expenses, health insurance costs, and other related financial needs.
By facilitating these benefits, Municipal Employee Veba Trust fosters a sense of mutual support among employees, enhancing their financial security and overall well-being. The structure encourages collaboration and resource-sharing, which can lead to reduced individual costs and improved access to necessary services. Additionally, the trust’s commitment to mutual benefit strengthens community ties, as members work together to support one another in times of need. This impact extends beyond individual financial relief, contributing to a healthier workforce and, by extension, a more resilient local economy.
This information is meant to be a general summary of Municipal Employee 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: $182
- Gross Receipts: $1,244,400
Assets and Liabilities:
- Total Assets: $218,626
- Total Liabilities: $0
- Net Assets: $218,626
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Organization Details
Founding Year
2014
Phone
(630) 832-6772Principal Officer
Rich Bruno
Main Address
770 NORTH CHURCH ROAD H, ELHMURST, IL, 60126
NTEE Category
Code: Y44 - Mutual benefit
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