Pohlad Companies Veba

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

EIN: 462323272 ✦ Milwaukee, WI ✦ Designated as a 501(c)(9)

Overview

What is Pohlad Companies Veba?

Pohlad Companies Veba is a Voluntary Employee Benefit Association (VEBA) set up to fund and distribute medical and dental benefits for eligible participants and their families. Established under the sponsorship of Marquette Companies LLC, this trust provides health and welfare benefits to employees of certain affiliated entities. The trust's mission is to ensure the availability of medical and dental coverage as part of the Pohlad Companies' benefit programs.


Is Pohlad Companies Veba legitimate?

Pohlad Companies Veba is a legitimate nonprofit organization registered as a 501(c)(9) entity. Pohlad Companies Veba 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: $3,566
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Pohlad Companies Veba?
What is the revenue of Pohlad Companies Veba?
Who are the executives of Pohlad Companies Veba and what are their salaries?
Where can I find the form 990 for Pohlad Companies Veba?

Mission Statement of Pohlad Companies Veba

Pohlad Companies Veba, a trust established by the Pohlad Group, is dedicated to providing and maintaining medical and dental benefits for participating employees and their eligible family members. This trust functions as a component benefit program of the Pohlad Companies' Medical and Dental Plan, which is sponsored by Marquette Companies LLC. The mission of Pohlad Companies Veba is to extend health and welfare benefits to qualifying employees of certain entities under common control. The trust aims to ensure the wellbeing of its participants by offering comprehensive medical and dental coverage.

Impact

This information is meant to be a general summary of Pohlad Companies Veba. 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 Pohlad Companies Veba is significant as it plays a crucial role in providing and maintaining medical and dental benefits to participants and their eligible family members through the Pohlad Companies medical and dental plan. By establishing a trust to fund and distribute these employee benefits, Pohlad Companies Veba ensures that qualifying employees of certain entities under common control have access to essential health and welfare benefits. This contributes to the overall well-being and financial security of the employees and their families, ultimately fostering a more stable and healthy workforce within the organizations involved.





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: $1,231
  • Program Service Revenue: $21,866,860
  • Gross Receipts: $21,868,091

    • Assets and Liabilities:
  • Total Assets: $905,860
  • Total Liabilities: $0
  • Net Assets: $905,860
  • Programs

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

    EMPLOYER CONTRIBUTION

    Revenue

    $15,810,107

    EMPLOYEE CONTRIBUTION

    Revenue

    $6,056,753

    Organization Details

    Founding Year

    2013

    Main Address

    PO BOX 0634, MILWAUKEE, WI, 532010634

    NTEE Category

    Code: Y20 - Mutual benefit

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