Overview
What is Nissan North America Inc Voluntary Employee Beneficiary Association?
Nissan North America Inc Voluntary Employee Beneficiary Association is a trust established to process medical, dental, vision, and pharmacy claims, as well as administration costs for the company's health and welfare plan. The trust provides essential welfare benefits, including comprehensive health care, dental expense benefits, life insurance, and accidental death and dismemberment insurance to the participants in the plan. It is headquartered in Franklin, Tennessee.
Is Nissan North America Inc Voluntary Employee Beneficiary Association legitimate?
Nissan North America Inc Voluntary Employee Beneficiary Association is a legitimate nonprofit organization registered as a 501(c)(9) entity. Nissan North America Inc Voluntary Employee Beneficiary Association 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
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What is the mission statement of Nissan North America Inc Voluntary Employee Beneficiary Association?
The Nissan North America Inc Voluntary Employee Beneficiary Association is responsible for managing and processing claims as well as administration costs associated with the company's health and welfare plan. Its primary mission is to provide comprehensive welfare benefits, which include medical, dental, vision, and pharmacy coverage, along with life insurance and accidental death and dismemberment insurance for the participants in the plan. The association aims to ensure efficient and effective administration of these benefits to enhance the well-being and support of its members.
Who is the CEO of Nissan North America Inc Voluntary Employee Beneficiary Association?
Tracy Jones is the Plan Trustee of Nissan North America Inc Voluntary Employee Beneficiary Association.
What is the revenue of Nissan North America Inc Voluntary Employee Beneficiary Association?
Nissan North America Inc Voluntary Employee Beneficiary Association's revenue in 2022 was $236,931,812.
Who are the executives of Nissan North America Inc Voluntary Employee Beneficiary Association and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $9,637
Where can I find the form 990 for Nissan North America Inc Voluntary Employee Beneficiary Association?
Nissan North America Inc Voluntary Employee Beneficiary Association's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Nissan North America Inc Voluntary Employee Beneficiary Association
Nissan North America Inc Voluntary Employee Beneficiary Association, referred to as the VEBA Trust, is a vital organization established to handle the medical, dental, vision, and pharmacy claims, as well as the administration costs, related to Nissan North America's company health and welfare plan. In essence, it serves as the backbone of the company's benefits system, ensuring the smooth processing of claims and managing the associated administrative expenses.
The mission of Nissan North America Inc Voluntary Employee Beneficiary Association is multifaceted. It is primarily responsible for providing comprehensive welfare benefits to the participants in the plan. These benefits extend beyond just healthcare, encompassing dental expense coverage, life insurance, and accidental death and dismemberment insurance. By offering these essential services, the VEBA Trust plays a crucial role in enhancing the overall wellbeing and peace of mind of the Nissan North America workforce.
In summary, the Nissan North America Inc Voluntary Employee Beneficiary Association functions as a dedicated trust, expertly managing the health and welfare benefits for the employees of Nissan North America. It efficiently processes claims and administers the benefits, ensuring that the participants have access to a wide range of coverage that includes medical, dental, vision, and pharmacy services, as well as life insurance and accidental death and dismemberment insurance.
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Impact
October, 2024
Nissan North America Inc Voluntary Employee Beneficiary Association significantly enhances the welfare of its participants by providing comprehensive benefits that cover a range of essential health needs. This organization administers a Voluntary Employee Beneficiary Association (VEBA) trust that processes medical, dental, vision, and pharmacy claims, ensuring that employees have access to crucial healthcare services without the burden of excessive out-of-pocket expenses.
By handling claims and administrative costs associated with the health and welfare plan, the association plays a vital role in maintaining the health and well-being of Nissan employees and their families. The benefits offered include not only healthcare coverage but also dental expense benefits, life insurance, and accidental death and dismemberment insurance. This holistic approach fosters a supportive environment, allowing employees to focus on their work and well-being, knowing that their health needs are adequately addressed.
Operating out of Franklin, TN, the organization underscores its commitment to mutual benefit, ensuring that participants receive the assistance they need while also promoting a healthier workforce. The impact of this association is profound, as it directly influences employee morale, productivity, and overall quality of life, making it a crucial component of Nissan North America's commitment to its workforce.
This information is meant to be a general summary of Nissan North America Inc Voluntary Employee Beneficiary Association. 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: $230,709
- Program Service Revenue: $236,701,103
- Gross Receipts: $236,931,812
Assets and Liabilities:
- Total Assets: $18,136,645
- Total Liabilities: $0
- Net Assets: $18,136,645
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PLAN SPONSOR PREMIUMS
Revenue
$194,668,591
EMPLOYEE PREMIUMS
Revenue
$42,032,512
Organization Details
Founding Year
1994
Phone
(615) 725-1000Principal Officer
Tracy Jones
Main Address
PO BOX 685001, FRANKLIN, TN, 370685001
NTEE Category
Code: Y40 - Mutual benefit
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