Overview
What is California Water Service Co Veba For Col Barg Ben?
California Water Service Co Veba For Col Barg Ben, located in San Jose, California, is a specialized entity primarily focused on covering post-retirement medical, dental, and vision expenses for its members and eligible dependents. This entity operates within a collective bargaining unit, ensuring financial support for the health benefits of its retired members. While it functions as a nonprofit organization, the specific details of its scope, impact, and size are not provided in the given information.
Is California Water Service Co Veba For Col Barg Ben legitimate?
California Water Service Co Veba For Col Barg Ben is a legitimate nonprofit organization registered as a 501(c)(9) entity. California Water Service Co Veba For Col Barg Ben 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 California Water Service Co Veba For Col Barg Ben?
The California Water Service Co's Veba for Col Barg Ben is designed with a specific mission. This mission revolves around providing financial coverage for post-retirement medical, dental, and vision benefits for members and their qualified dependents within a collective bargaining unit. This setup allows these individuals to maintain their healthcare coverage even after retiring, ensuring their continued well-being. The Veba serves as a crucial financial tool, alleviating the financial burden associated with these healthcare expenses during retirement.
Who is the CEO of California Water Service Co Veba For Col Barg Ben?
Thomas Scanlon is the Vp, General Counsel Trustee of California Water Service Co Veba For Col Barg Ben.
What is the revenue of California Water Service Co Veba For Col Barg Ben?
California Water Service Co Veba For Col Barg Ben's revenue in 2022 was $5,455,570.
Who are the executives of California Water Service Co Veba For Col Barg Ben and what are their salaries?
Here are 4 key members and their salaries:
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- Compensation: $5,721
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- Other: $0
Where can I find the form 990 for California Water Service Co Veba For Col Barg Ben?
California Water Service Co Veba For Col Barg Ben's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of California Water Service Co Veba For Col Barg Ben
California Water Service Co Veba For Col Barg Ben, as its mission states, is designed to cover the expenses associated with post-retirement medical, dental, and vision benefits for the members and their qualified dependents of a collective bargaining unit. This Veba (Voluntary Employees' Beneficiary Association) serves as a financial resource to ensure these individuals can maintain their health and well-being even after they retire. By providing these benefits, California Water Service Co Veba For Col Barg Ben contributes to the financial security and overall health of its members, ensuring they can enjoy their retirement years with peace of mind.
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Impact
October, 2024
California Water Service Co Veba For Col Barg Ben plays a crucial role in supporting the post-retirement health and wellness of its members and their qualified dependents. By providing funds specifically allocated for medical, dental, and vision benefits, this Voluntary Employees' Beneficiary Association (VEBA) ensures that retirees from the collective bargaining unit can access essential healthcare services without financial strain.
The impact of this VEBA is significant for both the individuals covered and the broader community. It contributes to the overall well-being of retired employees and their families, enhancing their quality of life during retirement years. Additionally, by facilitating access to health benefits, the VEBA potentially reduces the burden on public health systems, as retirees are more likely to seek preventive care and manage health conditions effectively.
Furthermore, such benefits can be an attractive feature for current employees, aiding in talent retention and recruitment efforts. This stability contributes positively to the workforce culture and productivity within California Water Service Co, aligning employee interests with organizational success. Overall, California Water Service Co Veba For Col Barg Ben fosters a supportive environment, promoting health, security, and peace of mind for its members.
This information is meant to be a general summary of California Water Service Co Veba For Col Barg Ben. 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: $4,331,800
- Program Service Revenue: $1,123,770
- Gross Receipts: $80,593,834
Assets and Liabilities:
- Total Assets: $47,331,236
- Total Liabilities: $0
- Net Assets: $47,331,236
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYEE CONTRIBUTIONS
Revenue
$1,123,770
Organization Details
Founding Year
2005
Phone
(408) 367-8523Principal Officer
Thomas Scanlon
Main Address
1720 NORTH FIRST STREET, SAN JOSE, CA, 951124508
NTEE Category
Code: Y43 - Mutual benefit
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