Anderson News Veba Trust

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

EIN: 621601748 ✦ Orlando, FL ✦ Designated as a 501(c)(9)

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Overview

What is Anderson News Veba Trust?

The Anderson News Veba Trust is a nonprofit organization situated in Orlando, Florida. They function as fraternal beneficiary societies and voluntary employees associations, demonstrating a commitment to employee welfare. Last year, they reported a revenue of $3,803,693. Their primary mission is to provide employee welfare plan benefits, ensuring the well-being of their members.

Is Anderson News Veba Trust legitimate?

Anderson News Veba Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Anderson News 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: $15,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Anderson News Veba Trust?

The Anderson News Veba Trust is devoted to providing employee welfare plan benefits. As a fraternal beneficiary society and voluntary employees association, its primary objective is to support the well-being of its members. Last year, the Trust generated a revenue of $3,803,693, indicating its substantial commitment to this mission. While specific details about the nature of these benefits are not provided, it can be inferred that the Trust prioritizes the welfare and support of its associated employees.

Who is the CEO of Anderson News Veba Trust?

Mr David Thompson is the Principal Officer of Anderson News Veba Trust.

What is the revenue of Anderson News Veba Trust?

Anderson News Veba Trust's revenue in 2022 was $4,177,912.

Who are the executives of Anderson News Veba Trust and what are their salaries?


There is 1 key member and their salary:


Truist Bank (Trustee)
  • Compensation: $15,000
  • Related: $0
  • Other: $0
Where can I find the form 990 for Anderson News Veba Trust?

Anderson News Veba Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Anderson News Veba Trust

The Anderson News Veba Trust, functioning as a fraternal beneficiary society and voluntary employees association, is dedicated to providing employee welfare plan benefits. This organization's mission is centered around supporting its members by offering a range of benefits, demonstrating its commitment to the wellbeing of its constituents. Last year, the Anderson News Veba Trust generated a significant revenue of $3,803,693, reflecting its operational efficiency and capacity to deliver its mission.

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Impact




October, 2024

Anderson News Veba Trust significantly impacts employee welfare by providing essential benefits to its members. By operating as a fraternal beneficiary society, it ensures that individuals have access to various support services that enhance their well-being. Located in Orlando, FL, the trust generated revenues of $3,803,693 last year, demonstrating its substantial role in assisting members through carefully structured employee welfare plan benefits. This initiative not only promotes mutual aid among its members but also fosters a sense of community, enhancing the quality of life for those involved.




This information is meant to be a general summary of Anderson News 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.

Revenue
$4,177,912 (2022)
Expenses
$6,965,000 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $27,912
  • Program Service Revenue: $4,150,000
  • Gross Receipts: $4,177,912

Assets and Liabilities:

  • Total Assets: $653,036
  • Total Liabilities: $0
  • Net Assets: $653,036

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$4,150,000

Organization Details

Founding Year

1990

Principal Officer

Mr David Thompson

Main Address

PO BOX 919798, ORLANDO, FL, 328919798

NTEE Category

Code: Y40 - Mutual benefit

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