Employers Mutual Casualty Company Veba Retiree Medical Benefit Trust

Organization Overview

Employers Mutual Casualty Company Veba Retiree Medical Benefit Trust is located in Des Moines, IA. The organization was established in 2000. 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. Employers Mutual Casualty Company Veba Retiree Medical Benefit 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, Employers Mutual Casualty Company Veba Retiree Medical Benefit Trust generated $6.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 37.1% each year . All expenses for the organization totaled $32.0m during the year ending 12/2021. While expenses have increased by 44.2% 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

PROVIDE HEALTH CARE AND LIFE INSURANCE BENEFITS TO THE QUALIFIED RETIREES OF EMPLOYERS MUTUAL CASUALTY COMPANY, ITS SUBSIDIARIES, AND QUALIFIED RETIREES OF EMC NATIONAL LIFE COMPANY

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE HEALTH CARE AND LIFE INSURANCE BENEFITS TO THE QUALIFIED RETIREES OF EMPLOYERS MUTUAL CASUALTY COMPANY, ITS SUBSIDIARIES, AND QUALIFIED RETIREES OF EMC NATIONAL LIFE COMPANY


PROVIDE HEALTH CARE AND LIFE INSURANCE BENEFITS TO THE QUALIFIED RETIREES OF EMPLOYERS MUTUAL CASUALTY COMPANY, ITS SUBSIDIARIES, AND QUALIFIED RETIREES OF EMC NATIONAL LIFE COMPANY


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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$0
Investment income $6,705,492
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $6,705,492

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