At&T Veba Trust

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

EIN: 431491162 ✦ Dallas, TX ✦ Designated as a 501(c)(9)

Overview

What is At&T Veba Trust?

At&T Veba Trust is a nonprofit organization located in Room 1825, 208 S Akard Street, Dallas, Texas 75202. Its primary mission is to finance health and insurance benefits for AT&T, Inc. employees, retirees, and their dependents, in accordance with IRC 501(C)(9). The Trust is dedicated to funding benefit expenses and focuses on supporting the wellbeing of those associated with AT&T.


Is At&T Veba Trust legitimate?

At&T Veba Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. At&T 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: $51,173
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


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

Mission Statement of At&T Veba Trust

At&t Veba Trust, a charitable trust, dedicates itself to funding benefit expenses for At&t, Inc. employees, retirees, and their dependents. The organization's primary mission is to ensure the financial coverage of healthcare and insurance benefits for this demographic as outlined in the Internal Revenue Code 501(C)(9).

In simple terms, At&t Veba Trust acts as a safety net for eligible employees and retirees of At&t, Inc., providing them with essential health and insurance benefits. By fulfilling this vital role, the trust enables its beneficiaries to maintain their well-being and stability, ultimately enhancing their quality of life.

Moreover, the trust's activities contribute significantly to the overall morale and job satisfaction of At&t, Inc. employees, knowing that their hard work and commitment to the company are rewarded with comprehensive benefits packages that cater to their health and insurance needs. Furthermore, the trust provides invaluable peace of mind for retirees, ensuring they continue to enjoy the benefits they have earned throughout their careers.

Impact

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




Thursday, August 15, 2024

At&T Veba Trust's impact lies in its crucial role in funding benefit expenses for AT&T, Inc. employees, retirees, and their dependents. By providing payments for health and insurance benefits as permitted under IRC 501(c)(9), this organization plays a significant part in supporting the well-being and financial security of the individuals associated with AT&T. This support helps ensure that employees and retirees have access to essential healthcare services and insurance coverage, ultimately contributing to their overall quality of life.





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: $1,537,010
  • Program Service Revenue: $2,903,439,180
  • Gross Receipts: $5,774,669,616

    • Assets and Liabilities:
  • Total Assets: $460,381,233
  • Total Liabilities: $0
  • Net Assets: $460,381,233
  • Programs

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

    EMPLOYER CONTRIBUTION

    Revenue

    $2,719,463,511

    EMPLOYEE CONTRIBUTION

    Revenue

    $183,975,669

    Organization Details

    Founding Year

    1987

    Principal Officer

    Ingrid Berner

    Main Address

    208 S AKARD STREET ROOM 1825, DALLAS, TX, 75202

    NTEE Category

    Code: Y30 - Mutual benefit

    If you are a representative of At&T 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.