Cal Poly Corporation Veba Tr

Organization Overview

Cal Poly Corporation Veba Tr is located in San Luis Obispo, CA. The organization was established in 2015. 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. Cal Poly Corporation Veba Tr is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 06/2021, Cal Poly Corporation Veba Tr generated $1.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.0%) each year. All expenses for the organization totaled $1.5m during the year ending 06/2021. 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

PAYING CERTAIN OTHER POST-EMPLOYMENT BENEFITS FOR ELIGIBLE RETIREES AND THEIR DEPENDENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PAYING CERTAIN OTHER POST-EMPLOYMENT BENEFITS ON BEHALF OF ELIGIBLE RETIREES AND THEIR DEPENDENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Trustee, Nonvoting
$5,273
Joe Alves
Secretary
$0
Dan Banfield
Chief Administrator
$0
Jodi Block
Cpc Benefits Committee Mbr
$0
Jason Marchese
Cpc Benefits Committee Mbr
$0
Russell Monteath
Cpc Benefits Committee Mbr
$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$478,753
Investment income $601,466
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $603,271
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,683,490

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