Naval Academy Athletic Association Veba Benefit Trust

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

EIN: 816529931 ✦ Annapolis, MD ✦ Designated as a 501(c)(9)

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Overview

What is Naval Academy Athletic Association Veba Benefit Trust?

The Naval Academy Athletic Association Veba Benefit Trust, based in Annapolis, Maryland, serves as a voluntary organization with a mission to offer comprehensive group health benefits and Medicare Part-D coverage to eligible retirees of the Naval Academy Athletic Association. Acting as a nonprofit entity, the Trust provides essential medical coverage to its members, ensuring their well-being post-retirement.


Official website here: www.navysports.com

Is Naval Academy Athletic Association Veba Benefit Trust legitimate?

Naval Academy Athletic Association Veba Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Naval Academy Athletic Association Veba Benefit 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.navysports.com

What is the mission statement of Naval Academy Athletic Association Veba Benefit Trust?

The Naval Academy Athletic Association Veba Benefit Trust serves as a voluntary employees' beneficiary association with a primary exempt purpose. Its main objective is to provide group health benefits and Medicare Part-D coverage for eligible retirees of the Naval Academy Athletic Association. The trust is committed to ensuring the health and wellbeing of these retirees, offering them essential medical coverage. It operates as a support system, providing a crucial safety net for these individuals post their retirement from the Naval Academy Athletic Association.


Official website here: www.navysports.com

Who is the CEO of Naval Academy Athletic Association Veba Benefit Trust?

M Colleen Jordan is the Naaa Cfo/Treasurer of Naval Academy Athletic Association Veba Benefit Trust.


Official website here: www.navysports.com

What is the revenue of Naval Academy Athletic Association Veba Benefit Trust?

Naval Academy Athletic Association Veba Benefit Trust's revenue in 2022 was $257,272.


Official website here: www.navysports.com

Who are the executives of Naval Academy Athletic Association Veba Benefit Trust and what are their salaries?


Here are 3 key members and their salaries:


Chet Gladchuk (Naaa President)
  • Compensation: $0
  • Related: $971,508
  • Other: $32,373
M Colleen Jordan (Naaa Cfo/Treasurer)
  • Compensation: $0
  • Related: $207,294
  • Other: $33,826
Comerica Bank & Trust Na (Trustee)
  • Compensation: $11,000
  • Related: $0
  • Other: $0


Official website here: www.navysports.com

Where can I find the form 990 for Naval Academy Athletic Association Veba Benefit Trust?

Naval Academy Athletic Association Veba Benefit Trust's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.navysports.com

Learn more at the official website: www.navysports.com

Mission Statement of Naval Academy Athletic Association Veba Benefit Trust

The Naval Academy Athletic Association Veba Benefit Trust, often referred to as the Trust, is a voluntary organization with a primary mission. This mission is centered around providing group health benefits and Medicare Part-D coverage for eligible retirees of the Naval Academy Athletic Association. The Trust operates as a Beneficiary Association, with its primary exempt purpose being the betterment of the health and wellbeing of its retiree members. The Trust's efforts are geared towards ensuring that these retirees have access to necessary healthcare services, thereby contributing to their overall wellbeing.

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Impact




October, 2024

The Naval Academy Athletic Association VEBA Benefit Trust significantly impacts eligible retirees by providing essential group health benefits and Medicare Part-D coverage. This support ensures that former employees of the Naval Academy Athletic Association have access to healthcare resources, which is vital for their well-being in retirement. By facilitating medical coverage, the Trust plays a critical role in enhancing the quality of life for these retirees, helping them manage health expenses and access necessary medical services. Located in Annapolis, MD, its mission underscores a commitment to the welfare of those who contributed to the academy, reflecting a strong dedication to mutual benefit among its members.




This information is meant to be a general summary of Naval Academy Athletic Association Veba Benefit 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
$257,272 (2022)
Expenses
$126,156 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $257,272
  • Gross Receipts: $656,605

Assets and Liabilities:

  • Total Assets: $3,208,959
  • Total Liabilities: $0
  • Net Assets: $3,208,959

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Organization Details

Founding Year

2016

Principal Officer

M Colleen Jordan

Main Address

566 BROWNSON ROAD, ANNAPOLIS, MD, 21402

NTEE Category

Code: Y43 - Mutual benefit

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