East Alabama Medical Center Voluntary Employee Beneficiary Association Trust

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

EIN: 274168011 ✦ Opelika, AL ✦ Designated as a 501(c)(9)

Overview

What is East Alabama Medical Center Voluntary Employee Beneficiary Association Trust?

The East Alabama Medical Center Voluntary Employee Beneficiary Association Trust is a nonprofit organization based in Opelika, Alabama. Its primary mission is to offer funded health insurance benefits to all participating employees. The trust, as stated in the provided information, aims to fulfill this objective in a comprehensive manner. The organization's purpose is clear: providing health insurance coverage to its employees in a secured and funded manner.


Is East Alabama Medical Center Voluntary Employee Beneficiary Association Trust legitimate?

East Alabama Medical Center Voluntary Employee Beneficiary Association Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. East Alabama Medical Center Voluntary Employee 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 East Alabama Medical Center Voluntary Employee Beneficiary Association Trust?
Who is the CEO of East Alabama Medical Center Voluntary Employee Beneficiary Association Trust?
What is the revenue of East Alabama Medical Center Voluntary Employee Beneficiary Association Trust?
Who are the executives of East Alabama Medical Center Voluntary Employee Beneficiary Association Trust and what are their salaries?
Where can I find the form 990 for East Alabama Medical Center Voluntary Employee Beneficiary Association Trust?

Mission Statement of East Alabama Medical Center Voluntary Employee Beneficiary Association Trust

East Alabama Medical Center Voluntary Employee Beneficiary Association Trust, or EAMC VEBAT, is a mission-driven organization dedicated to providing health insurance benefits to its participating employees in a fully-funded manner. The Trust takes pride in securing the wellbeing of its workforce by assuming financial responsibility for their healthcare needs.

In simple terms, EAMC VEBAT serves as a safety net for its employees, ensuring they have access to essential health benefits. By funding the coverage, the Trust aims to provide peace of mind and security to its workforce, enabling them to focus on their jobs and personal growth without the added stress of healthcare concerns. The Trust's commitment to its employees is unwavering, and it takes great strides to ensure they have the necessary resources for maintaining good health.

EAMC VEBAT's mission is grounded in the belief that a healthy workforce is the cornerstone of a successful organization. By investing in the wellbeing of its employees, the Trust not only fosters a productive and engaged workforce but also contributes to a positive organizational culture. In this way, EAMC VEBAT's mission extends far beyond the realm of health insurance, touching the lives of its employees and their families in profound ways.

Impact

This information is meant to be a general summary of East Alabama Medical Center Voluntary Employee 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

The East Alabama Medical Center Voluntary Employee Beneficiary Association Trust plays a significant role in providing health insurance benefits to all participating employees in a funded manner. This ensures that employees have access to essential healthcare services, contributing to their overall well-being and job satisfaction. By offering this support, the trust helps in attracting and retaining skilled professionals in the workforce, ultimately benefiting both the employees and the organization. Additionally, the trust's efforts promote a culture of mutual support and care within the workforce, leading to a healthier and more productive 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: $0
  • Program Service Revenue: $34,599,031
  • Gross Receipts: $34,599,031

    • Assets and Liabilities:
  • Total Assets: $3,443,685
  • Total Liabilities: $2,966,321
  • Net Assets: $477,364
  • Programs

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

    SPONSOR CONTRIBUTIONS

    Revenue

    $19,073,834

    PARTICIPANT CONTRIBUTIONS

    Revenue

    $10,955,054

    OTHER EMPLOYER CONTRIBUTIONS

    Revenue

    $4,570,143

    Organization Details

    Founding Year

    2010

    Principal Officer

    Sam Price

    Main Address

    2000 PEPPERELL PARKWAY, OPELIKA, AL, 36801

    NTEE Category

    Code: Y43 - Mutual benefit

    If you are a representative of East Alabama Medical Center Voluntary Employee 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.