Southwest Research Institute Voluntary Employees' Beneficiary Association

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

EIN: 741966423 ✦ San antonio, TX ✦ Designated as a 501(c)(9)

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Overview

What is Southwest Research Institute Voluntary Employees' Beneficiary Association?

Southwest Research Institute Voluntary Employees' Beneficiary Association is a nonprofit organization based in San Antonio, Texas, with a US address at 6220 Culebra Road. It offers medical and dental benefits to around 2,900 members, including employees of Southwest Research Institute and other eligible persons. This self-funded plan aims to provide comprehensive healthcare benefits, ensuring the wellbeing of its members and their dependents.

Is Southwest Research Institute Voluntary Employees' Beneficiary Association legitimate?

Southwest Research Institute Voluntary Employees' Beneficiary Association is a legitimate nonprofit organization registered as a 501(c)(9) entity. Southwest Research Institute Voluntary Employees' Beneficiary Association 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

For more financial information, click here

What is the mission statement of Southwest Research Institute Voluntary Employees' Beneficiary Association?

The Southwest Research Institute Voluntary Employees' Beneficiary Association serves as a self-funded health plan, supplying medical and dental benefits to a multitude of individuals. Approximately 2,900 members and their dependents are covered by this association. Its primary goal is to extend health care advantages to the employees and retirees of Southwest Research Institute and other eligible persons.

Who is the CEO of Southwest Research Institute Voluntary Employees' Beneficiary Association?

Beth Ann Rafferty is the President of Southwest Research Institute Voluntary Employees' Beneficiary Association.

What is the revenue of Southwest Research Institute Voluntary Employees' Beneficiary Association?

Southwest Research Institute Voluntary Employees' Beneficiary Association's revenue in 2022 was $33,302,240.

Who are the executives of Southwest Research Institute Voluntary Employees' Beneficiary Association and what are their salaries?


Here are 18 key members and their salaries:


Adam Hamilton (President)
  • Compensation: $0
  • Related: $1,648,848
  • Other: $52,982
Wd Downing (Director)
  • Compensation: $0
  • Related: $988,403
  • Other: $54,786
Jd Bates (Director/Former Officer)
  • Compensation: $0
  • Related: $341,231
  • Other: $0
Milton B Lee Ii (Director)
  • Compensation: $0
  • Related: $43,250
  • Other: $0
John C Korbell (Director)
  • Compensation: $0
  • Related: $39,750
  • Other: $0
Phillip J Pfeiffer (Director)
  • Compensation: $0
  • Related: $35,500
  • Other: $0
Ricardo Romo (Director)
  • Compensation: $0
  • Related: $31,500
  • Other: $0
Wayne S Alexander (Chairman)
  • Compensation: $0
  • Related: $36,000
  • Other: $0
Jan L Newton (Director)
  • Compensation: $0
  • Related: $40,750
  • Other: $0
Eugene L Ames (Director)
  • Compensation: $0
  • Related: $33,000
  • Other: $0
Phillip D Green (Director)
  • Compensation: $0
  • Related: $37,000
  • Other: $0
Sam G Dawson (Vice Chairman)
  • Compensation: $0
  • Related: $59,500
  • Other: $0
Mary Ann Rankin (Director)
  • Compensation: $0
  • Related: $31,500
  • Other: $0
Kimberly Lubel (Director)
  • Compensation: $0
  • Related: $34,500
  • Other: $0
David S Zachry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frost National Bank (Institutional Trustee)
  • Compensation: $15,681
  • Related: $0
  • Other: $0
B A Rafferty (Vp Finance)
  • Compensation: $0
  • Related: $574,117
  • Other: $51,373
Linda Boehme (Treasurer)
  • Compensation: $0
  • Related: $290,497
  • Other: $50,235
Where can I find the form 990 for Southwest Research Institute Voluntary Employees' Beneficiary Association?

Southwest Research Institute Voluntary Employees' Beneficiary Association's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Southwest Research Institute Voluntary Employees' Beneficiary Association

Southwest Research Institute Voluntary Employees' Beneficiary Association, also known as SRI VEBA, is a self-funded organization dedicated to extending health care benefits, specifically medical and dental coverage, to the employees and retirees of Southwest Research Institute and eligible individuals.

In providing these essential benefits, SRI VEBA ensures the wellbeing of approximately 2,900 members and their dependents. The organization's mission is to safeguard the health and financial security of its members, particularly during their retirement years. By offering comprehensive medical and dental coverage, SRI VEBA serves as a vital support system that enables its members to maintain their overall health and peace of mind.

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Impact




October, 2024

The Southwest Research Institute Voluntary Employees' Beneficiary Association plays a crucial role in enhancing the well-being of its members and their families by providing essential health care benefits. By offering comprehensive medical and dental coverage, it supports approximately 2,900 members and their dependents, ensuring access to necessary health services and promoting overall health.

The self-funded nature of the plan reflects a commitment to sustainability and autonomy, empowering active and retired employees of the Southwest Research Institute with tailored benefits that meet their health care needs. This association not only serves as a vital source of support for its members during their active employment years but also extends its impact into retirement, fostering peace of mind regarding health care costs and access.

By facilitating health care benefits, the organization contributes positively to the community in San Antonio, TX, bolstering the financial and physical health of individuals and families associated with the Southwest Research Institute. The focus on mutual benefit underscores a culture of care and responsibility, reinforcing the importance of health and well-being within the workforce and beyond.




This information is meant to be a general summary of Southwest Research Institute Voluntary Employees' Beneficiary Association. 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
$33,302,240 (2022)
Expenses
$32,779,376 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $21,530
  • Program Service Revenue: $33,280,710
  • Gross Receipts: $33,302,240

Assets and Liabilities:

  • Total Assets: $4,277,450
  • Total Liabilities: $0
  • Net Assets: $4,277,450

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Programs

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

Employer Contributions

Revenue

$21,096,773

Employee Contributions

Revenue

$11,800,134

Cobra Contributions

Revenue

$383,803

Organization Details

Founding Year

1978

Principal Officer

Beth Ann Rafferty

Main Address

6220 Culebra Road, San Antonio, TX, 782385166

NTEE Category

Code: Y40 - Mutual benefit

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