Vse Corporation Group Health & Welfare Plan

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

EIN: 456598749 ✦ Alexandria, VA ✦ Designated as a 501(c)(9)

Overview

What is Vse Corporation Group Health & Welfare Plan?

The Vse Corporation Group Health & Welfare Plan is a trust that offers supplementary benefits to employees covered by the Service Contract Act. These benefits encompass essential services such as health, dental, vision, life, and short-term disability insurance, as well as paid time off. By providing these perks, the trust ensures that the employee benefits meet the mandatory prevailing wage rates as mandated under the Act.


Official website here: www.vsecorp.com

Is Vse Corporation Group Health & Welfare Plan legitimate?

Vse Corporation Group Health & Welfare Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Vse Corporation Group Health & Welfare Plan 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


Official website here: www.vsecorp.com

What is the mission statement of Vse Corporation Group Health & Welfare Plan?

The Vse Corporation Group Health & Welfare Plan serves to offer supplementary benefits to employees who fall under the Service Contract Act. Mandated by the act, the plan ensures that the offered benefits, which include health, dental, vision, life, and short-term disability insurance, and paid time off, adhere to the stipulated minimum prevailing wage rates. The Trust's primary objective is to enhance the overall well-being and financial security of the covered employees through the provision of these essential benefits.


Official website here: www.vsecorp.com

Who is the CEO of Vse Corporation Group Health & Welfare Plan?

Tarang Sharma is the Trustee of Vse Corporation Group Health & Welfare Plan.


Official website here: www.vsecorp.com

What is the revenue of Vse Corporation Group Health & Welfare Plan?

Vse Corporation Group Health & Welfare Plan's revenue in 2022 was $12,374,878.


Official website here: www.vsecorp.com

Who are the executives of Vse Corporation Group Health & Welfare Plan and what are their salaries?

Here are 2 key members and their salaries:

    Tarang Sharma (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Krista Stafford (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.vsecorp.com

    Where can I find the form 990 for Vse Corporation Group Health & Welfare Plan?

    The Vse Corporation Group Health & Welfare Plan’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.vsecorp.com

    Learn more at the official website: www.vsecorp.com

    Mission Statement of Vse Corporation Group Health & Welfare Plan

    Vse Corporation Group Health & Welfare Plan, a trust dedicated to employee benefits, plays a crucial role in meeting the requirements of the Service Contract Act. In simple terms, this entity offers a range of fringe benefits to the employees it covers under this act. These benefits encompass essential areas such as health, dental, vision, life, and short-term disability insurance, and paid time off. The trust ensures these offerings adhere to minimum prevailing wage rates mandated by the act.

    The Vse Corporation Group Health & Welfare Plan functions as a vital support system for the workforce it serves. By providing these various benefits, it enhances the overall well-being and job satisfaction of the employees. The health coverage extends to ensuring access to essential medical care, while dental and vision insurance help employees maintain optimal oral and visual health. Life and short-term disability insurance offer financial security and peace of mind during challenging times, and paid time off allows employees to rejuvenate and return to work refreshed.

    In essence, the Vse Corporation Group Health & Welfare Plan serves as a safety net for employees, ensuring they receive competitive and comprehensive benefits. By fulfilling its mission and adhering to the minimum prevailing wage rates set forth in the Service Contract Act, it not only enhances the work experience but also contributes significantly to the morale and productivity of the workforce.

    Impact

    This information is meant to be a general summary of Vse Corporation Group Health & Welfare Plan. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Vse Corporation Group Health & Welfare Plan's impact is significant in providing essential fringe benefits to employees covered by the Service Contract Act. These benefits include health, dental, vision, life, and short-term disability insurance, as well as paid time off, all of which are required to meet minimum prevailing wage rates mandated by the Act. By ensuring that employees receive these essential benefits, the plan contributes to the wellbeing and financial security of workers, aligning with the goals of the Service Contract Act to protect and support laborers in federally-funded contracts.





    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: $12,374,878
  • Gross Receipts: $12,374,878

    • Assets and Liabilities:
  • Total Assets: $4,823,881
  • Total Liabilities: $2,569,090
  • Net Assets: $2,254,791
  • Programs

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

    EMPLOYEE CONTRIBUTIONS

    Revenue

    $4,391,551

    EMPLOYER CONTRIBUTIONS

    Revenue

    $7,983,327

    Organization Details

    Founding Year

    2012

    Principal Officer

    Tarang Sharma

    Main Address

    6348 WALKER LANE, ALEXANDRIA, VA, 22310

    NTEE Category

    Code: Y42 - Mutual benefit

    If you are a representative of Vse Corporation Group Health & Welfare Plan 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.