Overview
What is Duke Energy Corp Welfare Benefits Trust Veba I?
Duke Energy Corp Welfare Benefits Trust Veba I is a charitable trust established to manage assets related to medical, dental, and basic life insurance benefits for the corporation. Based on the provided information, this trust is specifically designed to oversee the administration of these types of benefits for Duke Energy Corp. The trust's mission focuses on ensuring the well-being of those associated with the corporation by handling the assets related to these essential services.
Is Duke Energy Corp Welfare Benefits Trust Veba I legitimate?
Duke Energy Corp Welfare Benefits Trust Veba I is a legitimate nonprofit organization registered as a 501(c)(9) entity. Duke Energy Corp Welfare Benefits Trust Veba I 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
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What is the mission statement of Duke Energy Corp Welfare Benefits Trust Veba I?
Duke Energy Corp's Welfare Benefits Trust Veba I is established to manage assets for medical, dental, and basic life plan benefits. The trust's primary mission is to ensure the availability of these essential benefits for eligible individuals. The trust's resources are dedicated solely to funding these crucial services, enabling recipients to maintain their wellbeing and focus on other aspects of their lives. The trust's management prioritizes the financial security and peace of mind of those it serves. By effectively managing its assets, Duke Energy Corp's Welfare Benefits Trust Veba I plays a vital role in promoting the overall health and well-being of its beneficiaries.
Who is the CEO of Duke Energy Corp Welfare Benefits Trust Veba I?
The Bank Of New York Mellon is the Trustee (See Schedule O) of Duke Energy Corp Welfare Benefits Trust Veba I.
What is the revenue of Duke Energy Corp Welfare Benefits Trust Veba I?
Duke Energy Corp Welfare Benefits Trust Veba I's revenue in 2022 was $409,904,542.
Who are the executives of Duke Energy Corp Welfare Benefits Trust Veba I and what are their salaries?
- Bank Of New York Mellon (Trustee (See Schedule O))
Where can I find the form 990 for Duke Energy Corp Welfare Benefits Trust Veba I?
The Duke Energy Corp Welfare Benefits Trust Veba I’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Duke Energy Corp Welfare Benefits Trust Veba I
Duke Energy Corp Welfare Benefits Trust Veba I is a dedicated trust that holds assets for providing medical, dental, and basic life benefits to eligible individuals. Established with a clear mission, the trust aims to ensure the wellbeing of its beneficiaries by managing assets specifically allocated for these essential health services. By doing so, it offers peace of mind and security to those who rely on it, enabling them to focus on their health and well-being.
This benefits trust plays a significant role in addressing the essential healthcare needs of its beneficiaries. By pooling resources together, it ensures that a comprehensive range of medical, dental, and basic life benefits are available to those who depend on it. The trust's mission reflects a commitment to the health and well-being of its beneficiaries, providing them with the necessary resources to maintain their overall wellness.
In summary, Duke Energy Corp Welfare Benefits Trust Veba I serves as a vital source of medical, dental, and basic life benefits for its eligible beneficiaries. By managing assets intended for these essential services, it enables its beneficiaries to focus on their health and well-being, ensuring they have the necessary support to live their lives to the fullest.
Impact
This information is meant to be a general summary of Duke Energy Corp Welfare Benefits Trust Veba I. 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 Duke Energy Corp Welfare Benefits Trust Veba I is centered around providing and managing benefits related to medical, dental, and basic life plans for its members. Its mission revolves around ensuring the welfare and well-being of its participants by facilitating access to essential healthcare and life insurance coverage. Through its activities as a benefits trust, Duke Energy Corp Welfare Benefits Trust Veba I plays a crucial role in supporting the financial security and health of its members in the Pittsburgh, PA area.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$332,336,896
EMPLOYEE CONTRIBUTIONS
Revenue
$75,397,575
Organization Details
Founding Year
1993
Phone
(412) 234-2242
Principal Officer
The Bank Of New York Mellon
Main Address
C/O THE BNYM PO BOX 535007, PITTSBURGH, PA, 152535007
NTEE Category
Code: Y40 - Mutual benefit
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