Whitworth University Employee Veba Trust is located in Charlotte, NC. The organization was established in 2014. 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. Whitworth University Employee 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 12/2022, Whitworth University Employee Veba Trust generated $19.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.8%) each year. All expenses for the organization totaled $18.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (7.5%) per year over the past 7 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 | $17,565 |
| Membership dues | $0 |
| Investment income | $1,687 |
| Gain or Loss | $17 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $19,269 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $17,338 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $958 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $18,296 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $64,486 |
| Other assets | $0 |
| Total assets | $64,486 |
| Total liabilities | $0 |
| Net assets or fund balances | $64,486 |