Washington Gas Light Company Union Veba

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

EIN: 133810146 ✦ Washington, DC ✦ Designated as a 501(c)(9)

Overview

What is Washington Gas Light Company Union Veba?

Washington Gas Light Company Union Veba is a Washington, D.C.-based nonprofit organization that functions as fraternal beneficiary societies and voluntary employees associations. With a total revenue of $20,390,239 last year, the organization's primary mission is to provide postretirement benefits to its retirees. This master trust plays a crucial role in ensuring the financial security of its retirees.


Is Washington Gas Light Company Union Veba legitimate?

Washington Gas Light Company Union Veba is a legitimate nonprofit organization registered as a 501(c)(9) entity. Washington Gas Light Company Union 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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $183,964
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Washington Gas Light Company Union Veba?
Who is the CEO of Washington Gas Light Company Union Veba?
What is the revenue of Washington Gas Light Company Union Veba?
Who are the executives of Washington Gas Light Company Union Veba and what are their salaries?
Where can I find the form 990 for Washington Gas Light Company Union Veba?

Mission Statement of Washington Gas Light Company Union Veba

Washington Gas Light Company Union Veba, a notable organization, is dedicated to providing postretirement benefits to its retirees. This master trust serves as a vital safety net for those who have spent their careers with the company, ensuring they continue to receive essential benefits in their golden years. By offering postretirement benefits, Washington Gas Light Company Union Veba demonstrates its commitment to the well-being of its retirees and fosters a sense of security and stability for those who have devoted their professional lives to the organization. The trust operates as a fraternal beneficiary society and voluntary employees association, providing necessary support and resources to its members as they transition into retirement.

Impact

This information is meant to be a general summary of Washington Gas Light Company Union Veba. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Washington Gas Light Company Union Veba's impact lies in providing postretirement benefits to retirees. This organization operates as fraternal beneficiary societies and voluntary employees associations, supporting retirees in Washington, DC. By generating significant revenues and focusing on its mission of providing postretirement benefits, Washington Gas Light Company Union Veba plays a crucial role in ensuring the well-being of retirees in the community.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

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

  • Investment Income: $13,079,966
  • Program Service Revenue: $6,236,262
  • Gross Receipts: $19,316,228

    • Assets and Liabilities:
  • Total Assets: $321,211,981
  • Total Liabilities: $0
  • Net Assets: $321,211,981
  • Programs

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

    INCOME DISTRIBUTION

    Revenue

    $5,357,020

    RETIREE CONTRIBUTIONS

    Revenue

    $879,242

    Organization Details

    Founding Year

    1993

    Principal Officer

    The Bank Of New York Mell

    Main Address

    TAX DEPT 1000 MAINE AVE SW FL 7, WASHINGTON, DC, 20024

    NTEE Category

    Code: Y40 - Mutual benefit

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