Kaiser Aluminum Salaried Retirees Veba Tr

Organization Overview

Kaiser Aluminum Salaried Retirees Veba Tr is located in San Francisco, CA. The organization was established in 2006. 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. Kaiser Aluminum Salaried Retirees 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 12/2021, Kaiser Aluminum Salaried Retirees Veba Tr generated $3.9m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $7.3m during the year ending 12/2021. 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

SEE SCHEDULE O

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO RECEIVE AND DISTRIBUTE FUNDS PROVIDED UNDER TERMS OF A COURT APPROVED SETTLEMENT AGREEMENT TO PROVIDE WELFARE BENEFITS FOR ELIGIBLE SALARIED RETIREES, SPOUSES AND DEPENDENTS OF KAISER ALUMINUM CORPORATION.


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Board, Officers & Key Employees

Name (title)Compensation
John E Daniel
Trustee
$0
Douglas G Allen
Trustee
$0
Richard Byrne
Trustee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Delta Fund Administrators
Third Party Adminr.
$101,280
Trucker Huss Acp
Legal & Admin. Srvcs
$175,844
View All Vendors

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$36,250
Investment income $2,915,760
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $986,264
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,938,274

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