Veba Trust For Public Employees In The State Of Wa

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

EIN: 911214669 ✦ Spokane, WA ✦ Designated as a 501(c)(9)

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Overview

What is Veba Trust For Public Employees In The State Of Wa?

The Veba Trust for Public Employees in the State of Wa is a nonprofit organization based in Spokane, Washington, with the address 221 N Wall Street 201. Established to manage the assets of the Voluntary Employees' Beneficiary Association Trust Plan for Public Employees in Washington, this trust plays a crucial role in funding qualified health and welfare expenses for its participants and their dependents. Its mission is to offer high-quality, tax-advantaged health reimbursement plans to public employees in Washington, ensuring they have access to essential healthcare benefits.


Official website here: www.veba.org

Is Veba Trust For Public Employees In The State Of Wa legitimate?

Veba Trust For Public Employees In The State Of Wa is a legitimate nonprofit organization registered as a 501(c)(9) entity. Veba Trust For Public Employees In The State Of Wa 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.veba.org

What is the mission statement of Veba Trust For Public Employees In The State Of Wa?

The Veba Trust is dedicated to offering top-tier, tax-exempt health reimbursement plans for public employees in Washington. Its primary mission is to ensure the provision of such plans, enabling participants and their dependents to fund eligible health and welfare expenses. This trust manages the funds of the Voluntary Employees' Beneficiary Association Trust Plan designed specifically for public employees in the state. The objective is to deliver a reliable and effective means for covering qualified healthcare costs.


Official website here: www.veba.org

Who is the CEO of Veba Trust For Public Employees In The State Of Wa?

Greg Baker is the Chairman of Veba Trust For Public Employees In The State Of Wa.


Official website here: www.veba.org

What is the revenue of Veba Trust For Public Employees In The State Of Wa?

Veba Trust For Public Employees In The State Of Wa's revenue in 2023 was $101,284,536.


Official website here: www.veba.org

Who are the executives of Veba Trust For Public Employees In The State Of Wa and what are their salaries?


Here are 6 key members and their salaries:


Greg Baker (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Fleming (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Knott (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Breuder (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cameron Grow (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shane Backlund (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.veba.org

Where can I find the form 990 for Veba Trust For Public Employees In The State Of Wa?

Veba Trust For Public Employees In The State Of Wa's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.veba.org

Learn more at the official website: www.veba.org

Mission Statement of Veba Trust For Public Employees In The State Of Wa

The Veba Trust for Public Employees in the State of Wa is a mission-driven organization that offers high-quality, tax-advantaged health reimbursement plans to public employees in Washington. Established as the trustee of the Voluntary Employees' Beneficiary Association Trust Plan, this nonprofit holds the assets that enable public employees and their dependents to fund qualified health and welfare costs.

In simple terms, the Veba Trust empowers public employees in Washington with an effective means of managing their healthcare expenses through tax-advantaged plans. By providing these plans, the Trust ensures that the participating employees have access to essential healthcare benefits, contributing positively to their overall well-being and peace of mind. The trust's primary goal is to support the health and welfare needs of its members, making a significant difference in their lives.

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Impact




October, 2024

The VEBA Trust for Public Employees in Washington significantly impacts public employees by providing high-quality, tax-advantaged health reimbursement plans. This trust manages the assets of the Voluntary Employees' Beneficiary Association Trust Plan, specifically designed to fund qualified health and welfare costs for participants and their dependents. By offering these resources, the VEBA Trust not only alleviates financial burdens related to health care but also enhances the overall well-being of public employees in the state. Additionally, it fosters a supportive environment that allows employees to focus on their essential roles within the community, knowing their health needs are being met effectively. The emphasis on mutual benefit strengthens the connection among public employees, promoting a sense of solidarity and shared responsibility toward health and wellness.




This information is meant to be a general summary of Veba Trust For Public Employees In The State Of Wa. 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
$101,284,536 (2023)
Expenses
$77,922,325 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $7,692,727
  • Program Service Revenue: $93,568,144
  • Gross Receipts: $222,399,244

Assets and Liabilities:

  • Total Assets: $518,950,704
  • Total Liabilities: $2,310,154
  • Net Assets: $516,640,550

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Programs

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

Plan contributions

Revenue

$93,568,144

Organization Details

Founding Year

1983

Principal Officer

Greg Baker

Main Address

221 N Wall Street 201, Spokane, WA, 99201

NTEE Category

Code: Y43 - Mutual benefit

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