Veba Trust For Public Employees In The State Of Wa

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

EIN: 911214669 ✦ Spokane, WA ✦ Designated as a 501(c)(9)

Overview

What is Veba Trust For Public Employees In The State Of Wa?

The Veba Trust for Public Employees in the State of Wa is a nonprofit organization based in Spokane, Washington, with the address 221 N Wall Street 201. Established to manage the assets of the Voluntary Employees' Beneficiary Association Trust Plan for Public Employees in Washington, this trust plays a crucial role in funding qualified health and welfare expenses for its participants and their dependents. Its mission is to offer high-quality, tax-advantaged health reimbursement plans to public employees in Washington, ensuring they have access to essential healthcare benefits.


Official website here: www.veba.org

Is Veba Trust For Public Employees In The State Of Wa legitimate?

Veba Trust For Public Employees In The State Of Wa is a legitimate nonprofit organization registered as a 501(c)(9) entity. Veba Trust For Public Employees In The State Of Wa 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.veba.org

What is the mission statement of Veba Trust For Public Employees In The State Of Wa?

The Veba Trust is dedicated to offering top-tier, tax-exempt health reimbursement plans for public employees in Washington. Its primary mission is to ensure the provision of such plans, enabling participants and their dependents to fund eligible health and welfare expenses. This trust manages the funds of the Voluntary Employees' Beneficiary Association Trust Plan designed specifically for public employees in the state. The objective is to deliver a reliable and effective means for covering qualified healthcare costs.


Official website here: www.veba.org

Who is the CEO of Veba Trust For Public Employees In The State Of Wa?

Greg Baker is the Chairman of Veba Trust For Public Employees In The State Of Wa.


Official website here: www.veba.org

What is the revenue of Veba Trust For Public Employees In The State Of Wa?

Veba Trust For Public Employees In The State Of Wa's revenue in 2023 was $101,284,536.


Official website here: www.veba.org

Who are the executives of Veba Trust For Public Employees In The State Of Wa and what are their salaries?

Here are 6 key members and their salaries:

    Greg Baker (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amy Fleming (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matthew Knott (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maria Breuder (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cameron Grow (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shane Backlund (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.veba.org

    Where can I find the form 990 for Veba Trust For Public Employees In The State Of Wa?

    The Veba Trust For Public Employees In The State Of Wa’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.veba.org

    Learn more at the official website: www.veba.org

    Mission Statement of Veba Trust For Public Employees In The State Of Wa

    The Veba Trust for Public Employees in the State of Wa is a mission-driven organization that offers high-quality, tax-advantaged health reimbursement plans to public employees in Washington. Established as the trustee of the Voluntary Employees' Beneficiary Association Trust Plan, this nonprofit holds the assets that enable public employees and their dependents to fund qualified health and welfare costs.

    In simple terms, the Veba Trust empowers public employees in Washington with an effective means of managing their healthcare expenses through tax-advantaged plans. By providing these plans, the Trust ensures that the participating employees have access to essential healthcare benefits, contributing positively to their overall well-being and peace of mind. The trust's primary goal is to support the health and welfare needs of its members, making a significant difference in their lives.

    Impact

    This information is meant to be a general summary of Veba Trust For Public Employees In The State Of Wa. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Veba Trust for Public Employees in the State of WA has a significant impact by providing high-quality, tax-advantaged health reimbursement plans for public employees in Washington. This ensures that public employees and their dependents have access to funds for qualified health and welfare costs, ultimately promoting their well-being and financial security. Through its mission, the trust plays a vital role in supporting the healthcare needs of public employees in the state, enhancing 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 2023.

  • Investment Income: $7,692,727
  • Program Service Revenue: $93,568,144
  • Gross Receipts: $222,399,244

    • Assets and Liabilities:
  • Total Assets: $518,950,704
  • Total Liabilities: $2,310,154
  • Net Assets: $516,640,550
  • Programs

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

    Plan contributions

    Revenue

    $93,568,144

    Organization Details

    Founding Year

    1983

    Principal Officer

    Greg Baker

    Main Address

    221 N Wall Street 201, Spokane, WA, 99201

    NTEE Category

    Code: Y40 - Mutual benefit

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