Overview
What is Uaw-Ford Voluntary Employees Beneficiary Association Trust Fund?
Uaw-Ford Voluntary Employees Beneficiary Association Trust Fund is a nonprofit organization based in Detroit, Michigan, with a primary mission to offer financial and various support for specific programs, as outlined in its plan. These programs primarily include apprenticeship and training classes, tuition assistance, and employee support services for its current and retired employees. The organization also covers reasonable and necessary operating, administrative, and other expenses related to the Trust Fund, as per the collective bargaining agreement and employer's acceptance. The Trust Fund, operating under the name UAW-Ford VEBA, has a staff of 25 individuals, ensuring the smooth operation and delivery of these beneficial services.
Official website here: www.uawford.org
Is Uaw-Ford Voluntary Employees Beneficiary Association Trust Fund legitimate?
Uaw-Ford Voluntary Employees Beneficiary Association Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Uaw-Ford Voluntary Employees Beneficiary Association Trust Fund 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
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Other Salaries and Wages: $968,953
For more financial information, click here
Official website here: www.uawford.org
What is the mission statement of Uaw-Ford Voluntary Employees Beneficiary Association Trust Fund?
The Uaw-Ford Voluntary Employees Beneficiary Association Trust Fund's mission is to provide financial and other necessary support for various programs, as outlined in the plan. These programs include the UAW-Ford Joint Apprenticeship and Training Program, the UAW-Ford Tuition Assistance Program, the UAW-Ford Employee Support Services Program, and any additional appropriate programs agreed upon by the employer and the union. The Trust Fund also covers operating, administrative, and other expenses related to these programs, as specified in the collective bargaining agreement. Current employees and retired employees are entitled to similar benefits from the Trust Fund.
Official website here: www.uawford.org
Who is the CEO of Uaw-Ford Voluntary Employees Beneficiary Association Trust Fund?
Darryl Goodwin is the Director of Uaw-Ford Voluntary Employees Beneficiary Association Trust Fund.
Official website here: www.uawford.org
What is the revenue of Uaw-Ford Voluntary Employees Beneficiary Association Trust Fund?
Uaw-Ford Voluntary Employees Beneficiary Association Trust Fund's revenue in 2022 was $6,385,269.
Official website here: www.uawford.org
Who are the executives of Uaw-Ford Voluntary Employees Beneficiary Association Trust Fund and what are their salaries?
The average compensation at Uaw-Ford Voluntary Employees Beneficiary Association Trust Fund during 2022 was $38,758. There are 25 employees and 10 volunteers at Uaw-Ford Voluntary Employees Beneficiary Association Trust Fund.
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Official website here: www.uawford.org
Where can I find the form 990 for Uaw-Ford Voluntary Employees Beneficiary Association Trust Fund?
Uaw-Ford Voluntary Employees Beneficiary Association Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.uawford.org
Learn more at the official website: www.uawford.org
Mission Statement of Uaw-Ford Voluntary Employees Beneficiary Association Trust Fund
The UAW-Ford Voluntary Employees Beneficiary Association Trust Fund is established with the mission to provide financial and necessary operational support for various programs. Among these programs, the fund supports the UAW-Ford Joint Apprenticeship and Training Program, the UAW-Ford Tuition Assistance Program, and the UAW-Ford Employee Support Services Program. Additionally, the trust fund is open to agreeing on other suitable programs as per the agreement between the employer and the union. The primary goal of the fund is to offer apprentice and training classes, tuition assistance, and employee support services to its current employees. This support extends to retired employees, who are entitled to similar benefits. The trust fund covers all reasonable and necessary operating, administrative, and other expenses of the fund, as outlined in the collective bargaining agreement and accepted by the employer.
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Impact
October, 2024
The UAW-Ford Voluntary Employees Beneficiary Association Trust Fund significantly impacts its members by providing essential financial and support services tailored to both current and retired employees. The trust fund underpins several key programs, including the UAW-Ford Joint Apprenticeship and Training Program, which helps develop skilled labor through hands-on training and education. This not only enhances the workforce's skillset but also ensures job security and career advancement for participants.
Additionally, the UAW-Ford Tuition Assistance Program facilitates further education for employees, promoting lifelong learning and improved qualifications. By investing in education, the trust fund contributes to the overall growth of the workforce, making employees more competitive in the evolving job market.
The UAW-Ford Employee Support Services Program offers vital resources to employees facing personal challenges, fostering a healthy work environment and ensuring that employees feel valued and supported. The comprehensive approach to employee welfare reflects a commitment to mutual benefit, enhancing relations between the workforce and management.
Overall, the UAW-Ford Voluntary Employees Beneficiary Association Trust Fund plays a crucial role in fostering a skilled, educated, and supported workforce within the Ford community, ultimately contributing to the company's long-term success and sustainability.
This information is meant to be a general summary of Uaw-Ford Voluntary Employees Beneficiary Association Trust Fund. 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: $12,471
- Program Service Revenue: $6,322,448
- Gross Receipts: $6,385,269
Assets and Liabilities:
- Total Assets: $35,910,182
- Total Liabilities: $3,028,144
- Net Assets: $32,882,038
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$6,322,448
Organization Details
Founding Year
2020
Phone
(313) 392-7222Principal Officer
Darryl Goodwin
Main Address
151 WEST JEFFERSON, DETROIT, MI, 482325009
Website
www.uawford.orgNTEE Category
Code: Y43 - Mutual benefit
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