Lincoln National Corporation Veba Trust

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

EIN: 356388925 ✦ Des moines, IA ✦ Designated as a 501(c)(9)

Overview

What is Lincoln National Corporation Veba Trust?

The Lincoln National Corporation Veba Trust is a nonprofit organization situated in Des Moines, Iowa. Its primary role is to provide health and welfare benefits for participating employees, agents, planners, and retirees at Lincoln National Corporation. Through this trust, essential benefits are funded to enhance the well-being of the designated individuals, ensuring they have access to necessary resources.


Is Lincoln National Corporation Veba Trust legitimate?

Lincoln National Corporation Veba Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Lincoln National Corporation Veba 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: $14,674
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Lincoln National Corporation Veba Trust?
Who is the CEO of Lincoln National Corporation Veba Trust?
What is the revenue of Lincoln National Corporation Veba Trust?
Who are the executives of Lincoln National Corporation Veba Trust and what are their salaries?
Where can I find the form 990 for Lincoln National Corporation Veba Trust?

Mission Statement of Lincoln National Corporation Veba Trust

The Lincoln National Corporation Veba Trust is a dedicated entity that plays a vital role in funding health and welfare benefits for Lincoln National Corporation's participating employees, agents, planners, and retirees. Its mission is geared towards ensuring the well-being of these individuals, providing them with essential benefits that enhance their quality of life.

The Trust's primary function revolves around the allocation of resources for various health and welfare benefits. By doing so, it underscores Lincoln National Corporation's commitment to maintaining the overall well-being of its workforce and those who represent the organization in different capacities. The benefits funded by the Trust contribute significantly to the physical, emotional, and financial well-being of the recipients, making a meaningful difference in their lives.

Lincoln National Corporation Veba Trust's mission extends beyond merely funding benefits. It serves as a testament to the organization's unwavering dedication to its people, recognizing that their well-being and satisfaction are crucial factors in the success and growth of the corporation. As a result, the Trust's initiatives contribute to fostering a strong, supportive work environment that sets Lincoln National Corporation apart.

Impact

This information is meant to be a general summary of Lincoln National Corporation Veba Trust. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The Lincoln National Corporation Veba Trust plays a vital role in funding health and welfare benefits for participating employees, agents, planners, and retirees of Lincoln National Corporation. By providing financial support for these essential benefits, the trust ensures the well-being and security of those associated with the corporation. This impact helps to attract and retain top talent, maintain employee satisfaction, and ultimately contribute to the overall success and stability of Lincoln National Corporation.





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: $3,012,250
  • Program Service Revenue: $161,532,153
  • Gross Receipts: $164,544,403

    • Assets and Liabilities:
  • Total Assets: $22,112,435
  • Total Liabilities: $18,528,445
  • Net Assets: $3,583,990
  • Programs

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

    PLAN CONTRIBUTIONS

    Revenue

    $115,107,026

    PARTICIPANT CONTRIBUTIONS

    Revenue

    $46,425,127

    Organization Details

    Founding Year

    1995

    Principal Officer

    Principal Financial Group

    Main Address

    PO BOX 10316, DES MOINES, IA, 50306

    NTEE Category

    Code: Y40 - Mutual benefit

    If you are a representative of Lincoln National Corporation Veba 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.