Astrazeneca Veba Trust Agreement For Retiree Health Benefits

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

EIN: 616287564 ✦ Wilmington, DE ✦ Designated as a 501(c)(9)

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Overview

What is Astrazeneca Veba Trust Agreement For Retiree Health Benefits?

The Astrazeneca Veba Trust Agreement for Retiree Health Benefits is a 501(C)(9) trust established to fund and pay for medical and dental benefits for eligible retired former employees of Astrazeneca Pharmaceuticals, LP. This voluntary beneficiary association provides healthcare coverage as a means of support for retired employees, ensuring they maintain adequate medical and dental care post-employment. This trust is headquartered in Wilmington, Delaware.

Is Astrazeneca Veba Trust Agreement For Retiree Health Benefits legitimate?

Astrazeneca Veba Trust Agreement For Retiree Health Benefits is a legitimate nonprofit organization registered as a 501(c)(9) entity. Astrazeneca Veba Trust Agreement For Retiree Health Benefits 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: $41,698
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Astrazeneca Veba Trust Agreement For Retiree Health Benefits?

The Astrazeneca Veba Trust Agreement for Retiree Health Benefits is a voluntary association, categorized under 501(C)(9), dedicated to providing medical and dental coverage for eligible retired former employees of Astrazeneca Pharmaceuticals, LP. This trust's primary objective is to establish and manage funds for the payment of these benefits, ensuring the retired employees maintain their health coverage post-employment. The agreement aims to support the well-being of its beneficiaries in their retirement years.

Who is the CEO of Astrazeneca Veba Trust Agreement For Retiree Health Benefits?

David E White is the Trustee of Astrazeneca Veba Trust Agreement For Retiree Health Benefits.

What is the revenue of Astrazeneca Veba Trust Agreement For Retiree Health Benefits?

Astrazeneca Veba Trust Agreement For Retiree Health Benefits's revenue in 2022 was $36,737.

Who are the executives of Astrazeneca Veba Trust Agreement For Retiree Health Benefits and what are their salaries?


There is 1 key member and their salary:


Matrix Trust Company (Trustee)
  • Compensation: $41,698
  • Related: $0
  • Other: $0
Where can I find the form 990 for Astrazeneca Veba Trust Agreement For Retiree Health Benefits?

Astrazeneca Veba Trust Agreement For Retiree Health Benefits's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Astrazeneca Veba Trust Agreement For Retiree Health Benefits

The Astrazeneca Veba Trust Agreement for Retiree Health Benefits is a voluntary beneficiary association, organized under Section 501(c)(9), dedicated to providing medical and dental coverage to eligible retired former employees of AstraZeneca Pharmaceuticals, LP. This trust serves as a means to fund and pay for these benefits, ensuring the continued health care needs of its members in their retirement years. The establishment of this trust demonstrates Astrazeneca Veba Trust Agreement's commitment to supporting its retired employees, offering them peace of mind and security in their post-employment life.

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Impact




October, 2024

The AstraZeneca VEBA Trust Agreement for Retiree Health Benefits significantly impacts eligible retired former employees of AstraZeneca Pharmaceuticals, LP, by providing crucial financial support for medical and dental benefits. Established as a Voluntary Employee Beneficiary Association (VEBA), this trust is specifically designed to facilitate access to health care for retirees, ensuring they receive necessary medical services and coverage after their employment ends.

By funding these benefits, the trust alleviates financial burdens associated with healthcare costs, which can be particularly daunting for retirees. This support not only enhances the quality of life for individuals post-retirement but also contributes to their overall health and well-being. The assurance of continued medical and dental benefits fosters a sense of security and stability, allowing retirees to focus on their lives without the stress of unmanageable healthcare expenses.

Moreover, the trust acts as a critical resource in retaining goodwill among former employees, reinforcing AstraZeneca's commitment to their welfare even after retirement. This can positively influence the company’s reputation and relationships, promoting a legacy of care for its workforce. Overall, the AstraZeneca VEBA Trust serves as a vital mechanism for sustaining health benefits and supporting the retiree community.




This information is meant to be a general summary of Astrazeneca Veba Trust Agreement For Retiree Health Benefits. 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
$36,737 (2022)
Expenses
$21,251,507 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $36,737
  • Gross Receipts: $36,737

Assets and Liabilities:

  • Total Assets: $43,440,093
  • Total Liabilities: $0
  • Net Assets: $43,440,093

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Organization Details

Founding Year

2002

Principal Officer

David E White

Main Address

PO BOX 15437, WILMINGTON, DE, 198505437

NTEE Category

Code: Y43 - Mutual benefit

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