Western And Southern Life Insurance Company Veba Trust

Organization Overview

Western And Southern Life Insurance Company Veba Trust is located in Cincinnati, OH. The organization was established in 1989. According to its NTEE Classification (Y20) the organization is classified as: Insurance Providers, 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. Western And Southern Life Insurance Company Veba Trust is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 12/2021, Western And Southern Life Insurance Company Veba Trust generated $57.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $58.5m during the year ending 12/2021. While expenses have increased by 2.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE VOLUNTARY EMPLOYEE BENEFIT ASSOCIATION PROVIDES LIFE, MEDICAL, DENTAL, VISION, AND DISABILITY BENEFITS TO MEMBERS AND QUALIFIED DEPENDENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROGRAM SERVICES CONSISTED OF PROVIDING LIFE, MEDICAL, DENTAL, AND DISABILITY BENEFITS TO MEMBERS AND ELIGIBLE DEPENDENTS. THE NUMBER OF PEOPLE COVERED IN 2021 WAS 8,695.


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Board, Officers & Key Employees

Name (title)Compensation
John F Barrett
Trustee
$0
Donald J Wuebbling
Trustee
$0
James N Clark
Trustee
$0
Stephen G Hussey Jr
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$55,767,956
Investment income $109,937
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,641,843
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $57,519,736

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