Southern California Gas Co Veba Unrepresented Retiree Medical Trust

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

EIN: 956981704 ✦ San diego, CA ✦ Designated as a 501(c)(9)

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Overview

What is Southern California Gas Co Veba Unrepresented Retiree Medical Trust?

The Southern California Gas Co Veba Unrepresented Retiree Medical Trust is a nonprofit organization that offers medical and dental benefits to its retirees. The trust functions as an insurance provider, disbursing funds directly to or for its members. Its main mission is to ensure the well-being of retirees by providing essential healthcare services. The trust also offers related services, further supporting its members in their post-retirement years.

Is Southern California Gas Co Veba Unrepresented Retiree Medical Trust legitimate?

Southern California Gas Co Veba Unrepresented Retiree Medical Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Southern California Gas Co Veba Unrepresented Retiree Medical Trust 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

What is the mission statement of Southern California Gas Co Veba Unrepresented Retiree Medical Trust?

The Southern California Gas Co Veba Unrepresented Retiree Medical Trust serves the purpose of providing medical and dental benefits to retirees. Acting as insurance providers, they disburse funds or offer related services to ensure the well-being of their members. The trust's mission is centered around supporting retirees by offering comprehensive healthcare benefits.

Who is the CEO of Southern California Gas Co Veba Unrepresented Retiree Medical Trust?

James Mahoney is the Trustee of Southern California Gas Co Veba Unrepresented Retiree Medical Trust.

What is the revenue of Southern California Gas Co Veba Unrepresented Retiree Medical Trust?

Southern California Gas Co Veba Unrepresented Retiree Medical Trust's revenue in 2022 was $7,168,490.

Who are the executives of Southern California Gas Co Veba Unrepresented Retiree Medical Trust and what are their salaries?


There is 1 key member and their salary:


Mellon Bank (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Southern California Gas Co Veba Unrepresented Retiree Medical Trust?

Southern California Gas Co Veba Unrepresented Retiree Medical Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Southern California Gas Co Veba Unrepresented Retiree Medical Trust

The Southern California Gas Co Veba Unrepresented Retiree Medical Trust, as a mission, is dedicated to providing medical and dental benefits to retirees. Operating as an insurance provider, this trust disburses funds to or for its members, ensuring they have access to necessary healthcare services. The trust goes beyond just providing benefits, offering related services to further support its members in their retirement years.

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Impact




October, 2024

The Southern California Gas Co Veba Unrepresented Retiree Medical Trust significantly impacts retirees by ensuring their access to essential medical and dental benefits. By disbursing funds specifically for healthcare services, the trust alleviates the financial burden associated with medical expenses, granting retirees peace of mind regarding their health coverage. This support is crucial, particularly as healthcare costs continue to rise.

The trust operates similarly to insurance providers, delivering a structured approach to healthcare benefits that helps retirees navigate their medical needs effectively. This arrangement not only contributes to the overall well-being of retirees but also fosters a sense of security, knowing that their health is prioritized post-retirement. Overall, the trust plays a vital role in enhancing the quality of life for its members by maintaining their access to necessary healthcare services.




This information is meant to be a general summary of Southern California Gas Co Veba Unrepresented Retiree Medical Trust. 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
$7,168,490 (2022)
Expenses
$7,436,253 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $11,188
  • Program Service Revenue: $7,157,302
  • Gross Receipts: $7,168,490

Assets and Liabilities:

  • Total Assets: $842,381
  • Total Liabilities: $353,775
  • Net Assets: $488,606

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Programs

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

EMPLOYEE CONTRIBUTIONS

Revenue

$6,001,628

EMPLOYER CONTRIBUTIONS

Revenue

$1,155,674

Organization Details

Founding Year

1994

Principal Officer

James Mahoney

Main Address

488 8TH AVENUE ATTN HQ08N1, SAN DIEGO, CA, 921017123

NTEE Category

Code: Y20 - Mutual benefit

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