Overview
What is City Employees Voluntary Employees' Beneficiary Association Inc?
City Employees Voluntary Employees' Beneficiary Association Inc is a nonprofit organization located in Madison, Wisconsin. With a small team of five individuals, their primary mission is to provide post-retirement medical expense reimbursement to their members or their designated beneficiaries. This association's operations are primarily focused on fulfilling this purpose, offering financial assistance during retirement.
Official website here: www.madison6000veba.com
Is City Employees Voluntary Employees' Beneficiary Association Inc legitimate?
City Employees Voluntary Employees' Beneficiary Association Inc is a legitimate nonprofit organization registered as a 501(c)(9) entity. City Employees Voluntary Employees' Beneficiary Association Inc 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: $33,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.madison6000veba.com
What is the mission statement of City Employees Voluntary Employees' Beneficiary Association Inc?
The City Employees Voluntary Employees' Beneficiary Association Inc is committed to reimbursing post-retirement medical expenses for its members and their designated beneficiaries. The corporation's primary operations are geared towards providing these benefits, serving as a crucial support system for its members in their later years. The association's mission is substantially centered around this reimbursement service, aiming to alleviate the financial burden of medical expenses for its members in their retirement.
Official website here: www.madison6000veba.com
Who is the CEO of City Employees Voluntary Employees' Beneficiary Association Inc?
Kenneth Seifert is the President of City Employees Voluntary Employees' Beneficiary Association Inc.
Official website here: www.madison6000veba.com
What is the revenue of City Employees Voluntary Employees' Beneficiary Association Inc?
City Employees Voluntary Employees' Beneficiary Association Inc's revenue in 2022 was $636,779.
Official website here: www.madison6000veba.com
Who are the executives of City Employees Voluntary Employees' Beneficiary Association Inc and what are their salaries?
The average compensation at City Employees Voluntary Employees' Beneficiary Association Inc during 2022 was $6,600. There are 5 employees at City Employees Voluntary Employees' Beneficiary Association Inc.
Here are 5 key members and their salaries:
- Compensation: $9,600
- Related: $0
- Other: $0
- Compensation: $9,600
- Related: $0
- Other: $0
- Compensation: $2,100
- Related: $0
- Other: $0
- Compensation: $2,100
- Related: $0
- Other: $0
- Compensation: $9,600
- Related: $0
- Other: $0
Official website here: www.madison6000veba.com
Where can I find the form 990 for City Employees Voluntary Employees' Beneficiary Association Inc?
City Employees Voluntary Employees' Beneficiary Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.madison6000veba.com
Learn more at the official website: www.madison6000veba.com
Mission Statement of City Employees Voluntary Employees' Beneficiary Association Inc
City Employees Voluntary Employees' Beneficiary Association Inc, a nonprofit organization, is dedicated to reimbursing post-retirement medical expenses for its members and their designated beneficiaries. The corporation's primary mission lies in substantially supporting its operations to provide these benefits. In simpler terms, this organization exists to alleviate the financial burden of medical expenses in retirement for its members and their chosen beneficiaries.
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Impact
October, 2024
City Employees Voluntary Employees' Beneficiary Association Inc significantly impacts the financial well-being of its members and their beneficiaries by providing reimbursement for post-retirement medical expenses. This support alleviates the burden of healthcare costs that retirees often face, ensuring that they can access necessary medical services without financial anxiety. By focusing on this critical aspect of post-retirement support, the organization plays a vital role in enhancing the quality of life for retired city employees in Madison, WI.
The association’s operations are dedicated almost entirely to facilitating these benefits, reflecting its commitment to the health and financial security of its members. By doing so, it fosters a sense of community and mutual aid among city employees, reinforcing their value and contribution even after retirement. The ability to address medical expenses not only aids individuals but also contributes to the overall stability and morale of the community, as members can enjoy their retirement years with greater peace of mind.
This information is meant to be a general summary of City Employees Voluntary Employees' Beneficiary Association Inc. 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: $35,392
- Program Service Revenue: $601,387
- Gross Receipts: $636,779
Assets and Liabilities:
- Total Assets: $2,906,611
- Total Liabilities: $55
- Net Assets: $2,906,556
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP CONTRIBUTIO
Revenue
$601,387
Organization Details
Founding Year
2016
Phone
(608) 240-9812Principal Officer
Kenneth Seifert
Main Address
PO BOX 728, MADISON, WI, 53703
Website
www.madison6000veba.comNTEE Category
Code: Y44 - Mutual benefit
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