Overview
What is Budd Group Veba?
Budd Group Veba is a nonprofit organization situated in Orlando, Florida. Their primary focus is on extending employee healthcare benefits. They achieve this mission through their unique organization structure, which encompasses fraternal beneficiary societies and voluntary employees associations. By offering these benefits, Budd Group Veba aims to contribute positively to the well-being of their members and the broader community.
Is Budd Group Veba legitimate?
Budd Group Veba is a legitimate nonprofit organization registered as a 501(c)(9) entity. Budd Group Veba 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: $4,900
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Budd Group Veba?
Budd Group Veba's mission revolves around offering healthcare benefits to employees. This is accomplished through their organization, which consists of fraternal beneficiary societies and voluntary employees associations. Their primary goal is to enhance the healthcare wellbeing of employees, without providing specific details about their location.
Who is the CEO of Budd Group Veba?
Truist Bank is the Trustee of Budd Group Veba.
What is the revenue of Budd Group Veba?
Budd Group Veba's revenue in 2022 was $4,990,811.
Who are the executives of Budd Group Veba and what are their salaries?
There is 1 key member and their salary:
- Compensation: $4,900
- Related: $0
- Other: $0
Where can I find the form 990 for Budd Group Veba?
Budd Group Veba's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Budd Group Veba
Budd Group Veba, as a fraternal beneficiary society and voluntary employees association, is committed to providing comprehensive employee healthcare benefits. Their mission is centered around enhancing the wellbeing of their members by offering healthcare benefits through their organization. By doing so, Budd Group Veba contributes to the overall health and wellness of its employees, fostering a supportive and cared-for workforce. The organization's mission is carried out through its network of societies and associations, demonstrating a dedication to the health and welfare of its members.
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Impact
October, 2024
Budd Group Veba significantly impacts employee healthcare by offering crucial health benefits tailored to the needs of workers in Orlando, FL. By operating as a fraternal beneficiary society and voluntary employee association, it creates a supportive community that fosters mutual benefit among members. The organization is dedicated to enhancing employee well-being, thereby contributing to overall productivity and job satisfaction within the local workforce. This commitment to providing reliable healthcare resources not only aids individual employees but also strengthens the broader economic landscape in the region.
This information is meant to be a general summary of Budd Group Veba. 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: $709
- Program Service Revenue: $4,990,102
- Gross Receipts: $4,990,811
Assets and Liabilities:
- Total Assets: $86,113
- Total Liabilities: $0
- Net Assets: $86,113
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$4,990,102
Organization Details
Founding Year
2015
Phone
(803) 251-1374Principal Officer
Truist Bank
Main Address
PO BOX 919798, ORLANDO, FL, 328919798
NTEE Category
Code: Y40 - Mutual benefit
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