Amgen Inc Voluntary Employees Beneficiary Association Trust

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

EIN: 261582113 ✦ Thousand oaks, CA ✦ Designated as a 501(c)(9)

Overview

What is Amgen Inc Voluntary Employees Beneficiary Association Trust?

Amgen Inc's Voluntary Employees Beneficiary Association Trust is a tax-exempt trust based in Thousand Oaks, California. Established as a Voluntary Employees Beneficiary Association, this nonprofit organization holds assets to ensure the provision of benefits for a Retiree Medical Employee Benefit Plan. The trust's primary mission involves managing resources to meet the needs of retirees, securing their access to essential medical benefits.


Is Amgen Inc Voluntary Employees Beneficiary Association Trust legitimate?

Amgen Inc Voluntary Employees Beneficiary Association Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Amgen Inc Voluntary Employees Beneficiary Association 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 not tax deductible.

Here 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 Amgen Inc Voluntary Employees Beneficiary Association Trust?
Who is the CEO of Amgen Inc Voluntary Employees Beneficiary Association Trust?
What is the revenue of Amgen Inc Voluntary Employees Beneficiary Association Trust?
Who are the executives of Amgen Inc Voluntary Employees Beneficiary Association Trust and what are their salaries?
Where can I find the form 990 for Amgen Inc Voluntary Employees Beneficiary Association Trust?

Mission Statement of Amgen Inc Voluntary Employees Beneficiary Association Trust

Amgen Inc Voluntary Employees Beneficiary Association Trust is a tax-exempt trust with a mission to hold assets for providing benefits to a retiree medical employee benefit plan. The organization acts as a trustee, managing resources to ensure the continuity and sustainability of medical benefits for its retired employees. Through this trust, Amgen Inc demonstrates its commitment to the wellbeing of its retired workforce, ensuring they have access to essential healthcare services even after their employment tenure. The trust's primary goal is to maintain and grow the assets required to meet the medical needs of its beneficiaries, providing them with peace of mind and financial security. By serving as the steward of these funds, Amgen Inc Voluntary Employees Beneficiary Association Trust plays a pivotal role in safeguarding the long-term health and welfare of its retired employees.

Impact

This information is meant to be a general summary of Amgen Inc Voluntary Employees Beneficiary Association Trust. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Amgen Inc Voluntary Employees Beneficiary Association Trust's impact is primarily focused on providing benefits for a retiree medical employee benefit plan. By holding assets and managing them responsibly, the trust plays a key role in ensuring that retirees receive the medical benefits they deserve. This support is crucial for the well-being and financial security of former employees who rely on these benefits for their healthcare needs. The trust's activities directly impact the lives of retirees by helping to maintain their access to necessary medical care, demonstrating a commitment to supporting former employees even after they have left the workforce.





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: $2,914,700
  • Program Service Revenue: $13,099,129
  • Gross Receipts: $43,808,289

    • Assets and Liabilities:
  • Total Assets: $164,494,398
  • Total Liabilities: $0
  • Net Assets: $164,494,398
  • Programs

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

    PARTICIPANT CONTRIBUTION

    Revenue

    $13,099,129

    Organization Details

    Founding Year

    2009

    Principal Officer

    Vince Brigandi

    Main Address

    1 Amgen Center Drive Suite 21-1-A, Thousand Oaks, CA, 91320

    NTEE Category

    Code: Y43 - Mutual benefit

    If you are a representative of Amgen Inc Voluntary Employees Beneficiary Association Trust and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.