Peabody Investments Corp Non-Represented Retiree V

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

EIN: 616614439 ✦ Saint louis, MO ✦ Designated as a 501(c)(9)

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Overview

What is Peabody Investments Corp Non-Represented Retiree V?

Peabody Investments Corp Non-Represented Retiree Veba is a charitable trust established in Saint Louis, Missouri. Its primary function is to provide financial support for retiree welfare benefits to eligible employees who choose to retire. This trust serves as a safety net, ensuring that retired workers continue to receive essential services, such as health care and other necessities, even beyond their employment. The VEBA Trust plays a crucial role in providing financial security and stability for its beneficiaries during their retirement years.

Is Peabody Investments Corp Non-Represented Retiree V legitimate?

Peabody Investments Corp Non-Represented Retiree V is a legitimate nonprofit organization registered as a 501(c)(9) entity. Peabody Investments Corp Non-Represented Retiree V 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: $54,981
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Peabody Investments Corp Non-Represented Retiree V?

The mission of Peabody Investments Corp Non-Represented Retiree V, as a VEBA Trust, is centered around providing for the payment of retiree welfare benefits. This mission is extended to eligible employees who choose to retire. The trust aims to ensure these retirees receive necessary benefits, thereby offering financial support during their post-employment years. The trust does not specify the nature of these benefits, implying a comprehensive approach that may include health, wellness, and other retirement-related benefits.

Who is the CEO of Peabody Investments Corp Non-Represented Retiree V?

Robert F Bruer is the Trustee of Peabody Investments Corp Non-Represented Retiree V.

What is the revenue of Peabody Investments Corp Non-Represented Retiree V?

Peabody Investments Corp Non-Represented Retiree V's revenue in 2022 was $235,684.

Who are the executives of Peabody Investments Corp Non-Represented Retiree V and what are their salaries?


Here are 2 key members and their salaries:


Commerce Bank (Trustee)
  • Compensation: $54,981
  • Related: $0
  • Other: $0
Robert F Bruer (Vp - Tax)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Peabody Investments Corp Non-Represented Retiree V?

Peabody Investments Corp Non-Represented Retiree V's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Peabody Investments Corp Non-Represented Retiree V

Peabody Investments Corp Non-Represented Retiree V, in its mission, focuses on providing financial support for the welfare benefits of eligible retirees. This trust fund, established for retired employees, ensures the payment of these benefits, offering a level of security and financial assistance during their post-employment years. By providing these benefits, Peabody Investments Corp Non-Represented Retiree V seeks to support and enhance the well-being of its retired employees, ensuring they can maintain a decent standard of living following their retirement.

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Impact




October, 2024

Peabody Investments Corp Non-Represented Retiree V plays a crucial role in providing financial security and welfare benefits to eligible retirees. By establishing a trust fund specifically for this purpose, it ensures that former employees have access to essential benefits that support their well-being during retirement.

This initiative not only alleviates the financial burden on retirees but also fosters a sense of community and pride among the workforce. By offering these benefits, Peabody Investments Corp Non-Represented Retiree V demonstrates a commitment to its employees even after they leave the organization, promoting loyalty and enhancing the overall morale of the workforce.

Moreover, the establishment of the VEBA Trust serves as a model for similar organizations seeking to implement programs that prioritize the welfare of their retirees. This can lead to a broader trend in the industry, encouraging other companies to adopt similar practices, ultimately benefiting a larger population of retirees across various sectors. The impact is multifaceted, influencing both individual retirees and the labor landscape as a whole, contributing to a more supportive retirement environment.




This information is meant to be a general summary of Peabody Investments Corp Non-Represented Retiree V. 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
$235,684 (2022)
Expenses
$5,338,516 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $235,684
  • Gross Receipts: $235,684

Assets and Liabilities:

  • Total Assets: $17,367,305
  • Total Liabilities: $0
  • Net Assets: $17,367,305

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Organization Details

Founding Year

2018

Principal Officer

Robert F Bruer

Main Address

701 Market Street, Saint Louis, MO, 63101

NTEE Category

Code: Y43 - Mutual benefit

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