Overview
What is 1999 Veba Of The Non Represented Employees Of Southern California Edison?
1999 Veba, short for Voluntary Employees' Beneficiary Association, is a nonprofit organization specifically established for the post-retirement health and welfare benefits of its members at Southern California Edison. This organization, based in Rosemead, California, offers benefits that are not exclusively part of a collectively bargained plan. During the year in question, they disbursed $6,389,250 in health and welfare benefits to their members, demonstrating their commitment to their members' well-being.
Is 1999 Veba Of The Non Represented Employees Of Southern California Edison legitimate?
1999 Veba Of The Non Represented Employees Of Southern California Edison is a legitimate nonprofit organization registered as a 501(c)(9) entity. 1999 Veba Of The Non Represented Employees Of Southern California Edison 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: $24,732
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of 1999 Veba Of The Non Represented Employees Of Southern California Edison?
The 1999 Veba of the Non-Represented Employees of Southern California Edison was established with a mission to provide post-retirement health and welfare benefits to its members. These benefits are not part of a collectively bargained plan, implying that they are additional, voluntary benefits offered by the organization. The primary objective of this Voluntary Employees' Beneficiary Association (VEBA) during the year was to dispense health and welfare benefits to its members, amounting to $6,389,250. The organization's role is to bridge the gap in retirement benefits, ensuring continued support for its members in their post-employment phase.
Who is the CEO of 1999 Veba Of The Non Represented Employees Of Southern California Edison?
Andrea Wood is the Trustee of 1999 Veba Of The Non Represented Employees Of Southern California Edison.
What is the revenue of 1999 Veba Of The Non Represented Employees Of Southern California Edison?
1999 Veba Of The Non Represented Employees Of Southern California Edison's revenue in 2022 was -$5,115,732.
Who are the executives of 1999 Veba Of The Non Represented Employees Of Southern California Edison and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $24,732
Where can I find the form 990 for 1999 Veba Of The Non Represented Employees Of Southern California Edison?
1999 Veba Of The Non Represented Employees Of Southern California Edison's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of 1999 Veba Of The Non Represented Employees Of Southern California Edison
1999 Veba of the Non Represented Employees of Southern California Edison, hereafter referred to as Veba, was established with a mission to provide post-retirement health and welfare benefits to its members. These benefits are not included in a collectively bargained plan, which sets Veba apart in its role. The organization's primary objective is to ensure the financial well-being of its members during their retirement years, offering them essential health and welfare benefits. During the year in question, Veba successfully disbursed $6,389,250 in these benefits to its members, demonstrating its commitment to fulfilling its mission.
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Impact
October, 2024
The 1999 Veba Of The Non Represented Employees Of Southern California Edison significantly impacts its members by offering essential post-retirement health and welfare benefits. In the past year, it disbursed $6,389,250 in these benefits, ensuring that members have access to critical health resources after their employment concludes. This support is particularly vital for employees who are not covered by collectively bargained plans, allowing them to maintain their well-being and manage healthcare costs during retirement. By focusing on mutual benefit, the organization provides a safety net, enhancing the quality of life for its members and their families in the long term.
This information is meant to be a general summary of 1999 Veba Of The Non Represented Employees Of Southern California Edison. 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: -$5,115,732
- Gross Receipts: $67,824,935
Assets and Liabilities:
- Total Assets: $110,596,792
- Total Liabilities: $0
- Net Assets: $110,596,792
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Organization Details
Founding Year
1999
Phone
(626) 302-2627Principal Officer
Andrea Wood
Main Address
2244 WALNUT GROVE AVENUE QUAD 2B, ROSEMEAD, CA, 917703714
NTEE Category
Code: Y43 - Mutual benefit
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