Overview
What is Southern Star Veba For Collectively Bargained?
Southern Star Veba for Collectively Bargained is a fraternal beneficiary society and voluntary employees association, situated in Milwaukee, Wisconsin. It generates revenue primarily to distribute medical and life benefits to its participants and their dependents. As a nonprofit organization, it operates with the mission of disbursing program service revenue from a Veba (Voluntary Employees' Beneficiary Association) fund to its members, ensuring they receive necessary healthcare support.
Is Southern Star Veba For Collectively Bargained legitimate?
Southern Star Veba For Collectively Bargained is a legitimate nonprofit organization registered as a 501(c)(9) entity. Southern Star Veba For Collectively Bargained 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: $14,022
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Southern Star Veba For Collectively Bargained?
Southern Star Veba For Collectively Bargained, functioning as fraternal beneficiary societies and voluntary employees associations, is dedicated to distributing the revenue generated from its program services to its participants and their dependents. This revenue serves to provide medical and life benefits. The organization's primary focus is on ensuring the well-being of its members by offering financial assistance for their healthcare and life insurance needs.
What is the revenue of Southern Star Veba For Collectively Bargained?
Southern Star Veba For Collectively Bargained's revenue in 2023 was $2,713,621.
Who are the executives of Southern Star Veba For Collectively Bargained and what are their salaries?
Here are 6 key members and their salaries:
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- Compensation: $14,022
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- Other: $0
Where can I find the form 990 for Southern Star Veba For Collectively Bargained?
Southern Star Veba For Collectively Bargained's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Southern Star Veba For Collectively Bargained
Southern Star Veba For Collectively Bargained, functioning as fraternal beneficiary societies and voluntary employees associations, is dedicated to distributing the revenues generated from its program services to its participants and their dependents. This nonprofit organization focuses primarily on providing medical and life benefits to its members. By fulfilling this mission, it ensures that the individuals and families associated with Southern Star Veba For Collectively Bargained have access to necessary health-related benefits, thus enhancing their overall well-being.
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Impact
October, 2024
Southern Star Veba For Collectively Bargained plays a crucial role in providing medical and life benefits to its participants and their dependents. By disbursing program service revenue, it ensures that members receive essential financial support for healthcare and related expenses. With total revenues of $4,119,292, the organization has the capacity to significantly impact the well-being of many individuals in the community.
Operating out of Milwaukee, WI, Southern Star Veba serves as a fraternal beneficiary society, promoting mutual support and solidarity among its members. This collective approach not only aids in individual financial burdens related to medical care but also fosters a sense of community and shared responsibility. The services it offers are vital for addressing the healthcare needs of working families, enhancing their overall quality of life. By focusing on mutual benefit, the organization strengthens the foundation of worker rights and collective bargaining, supporting participants in navigating the complexities of medical and life insurance.
This information is meant to be a general summary of Southern Star Veba For Collectively Bargained. 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 2023.
- Investment Income: $1,050,013
- Program Service Revenue: $308,481
- Gross Receipts: $156,079,203
Assets and Liabilities:
- Total Assets: $32,054,570
- Total Liabilities: $0
- Net Assets: $32,054,570
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRIBUTIONS TO VEBA
Revenue
$308,481
Organization Details
Founding Year
1994
Principal Officer
Us Bank N A As Trustee
NTEE Category
Code: Y43 - Mutual benefit
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