Employee After-Tax Contribution Veba Trust For University Of is located in Charlotte, NC. The organization was established in 2010. According to its NTEE Classification (Y43) the organization is classified as: Voluntary Employees Beneficiary Associations (Non-Government), under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Employee After-Tax Contribution Veba Trust For University Of is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 12/2022, Employee After-Tax Contribution Veba Trust For University Of generated $28.5k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $21.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.0%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
HEALTH BENEFITS AND INSURANCE PREMIUMS PAID TO MEMBERS.
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $19,277 |
| Membership dues | $0 |
| Investment income | $7,036 |
| Gain or Loss | $2,189 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $28,502 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $20,627 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $671 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $21,298 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $192,958 |
| Other assets | $0 |
| Total assets | $192,958 |
| Total liabilities | $0 |
| Net assets or fund balances | $192,958 |