Tiaa Retirement Healthcare Savings Plan Trust

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

EIN: 272074913 ✦ New york, NY ✦ Designated as a 501(c)(9)

Overview

What is Tiaa Retirement Healthcare Savings Plan Trust?

The Tiaa Retirement Healthcare Savings Plan Trust is a charitable trust based in New York, NY, with a primary focus on providing medical and hospital cost coverage for former employees of Teachers Insurance and Annuity Association of America (TIAA). This nonprofit organization's mission is to fund essential healthcare expenses for its eligible members. The trust's activities include disbursing medical care benefits to employees and their dependents as outlined in the Voluntary Employees' Beneficiary Association (VEBA) trust.


Is Tiaa Retirement Healthcare Savings Plan Trust legitimate?

Tiaa Retirement Healthcare Savings Plan Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Tiaa Retirement Healthcare Savings Plan 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 Tiaa Retirement Healthcare Savings Plan Trust?
Who is the CEO of Tiaa Retirement Healthcare Savings Plan Trust?
What is the revenue of Tiaa Retirement Healthcare Savings Plan Trust?
Who are the executives of Tiaa Retirement Healthcare Savings Plan Trust and what are their salaries?
Where can I find the form 990 for Tiaa Retirement Healthcare Savings Plan Trust?

Mission Statement of Tiaa Retirement Healthcare Savings Plan Trust

The Tiaa Retirement Healthcare Savings Plan Trust is a mission-driven organization dedicated to supporting former employees of Teachers Insurance and Annuity Association of America (TIAA) with their medical and hospital expenses. In simpler terms, this trust exists to fund the healthcare needs of eligible retirees from TIAA. By doing so, it ensures that these individuals receive necessary medical care and attention, providing them with peace of mind during their retirement years.

Founded on the primary exemption purpose of funding medical and hospital costs for its beneficiaries, the Tiaa Retirement Healthcare Savings Plan Trust has maintained a steadfast commitment to its cause. This commitment translates into the payment of medical care benefits for eligible employees and their dependents, as outlined in the Voluntary Employees' Beneficiary Association (VEBA) trust. In essence, the trust functions as a safety net, providing financial assistance for healthcare expenses, allowing its members to focus on their well-being rather than worrying about the financial burden of medical care.

Impact

This information is meant to be a general summary of Tiaa Retirement Healthcare Savings Plan Trust. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The impact of the Tiaa Retirement Healthcare Savings Plan Trust is significant as it provides a vital resource for former employees of the Teachers Insurance and Annuity Association of America (TIAA) to fund their medical and hospital costs. By offering payment of medical care benefits for eligible employees and their dependents through the VEBA Trust, this trust plays a crucial role in supporting the healthcare needs of retired individuals who have dedicated their careers to TIAA. The Trust's mission to fund medical and hospital costs for former employees reflects its commitment to ensuring the well-being and financial security of retirees, making a tangible difference in the lives of those who have contributed to the organization over the years.





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: $6,865,903
  • Program Service Revenue: $13,468,743
  • Gross Receipts: $38,849,217

    • Assets and Liabilities:
  • Total Assets: $121,124,702
  • Total Liabilities: $0
  • Net Assets: $121,124,702
  • Programs

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

    Employee Contributions

    Revenue

    $13,417,567

    TIAA-CREF Transactions

    Revenue

    $51,176

    Organization Details

    Founding Year

    2009

    Principal Officer

    Robert Weinman

    Main Address

    730 THIRD AVENUE 03/02, NEW YORK, NY, 100173206

    NTEE Category

    Code: Y43 - Mutual benefit

    If you are a representative of Tiaa Retirement Healthcare Savings Plan 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.