Nissan North America Inc Voluntary Employees Beneficiary Association

Organization Overview

Nissan North America Inc Voluntary Employees Beneficiary Association is located in Franklin, TN. The organization was established in 1994. According to its NTEE Classification (T03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nissan North America Inc Voluntary Employees Beneficiary Association 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, Nissan North America Inc Voluntary Employees Beneficiary Association generated $236.9m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $238.6m during the year ending 12/2022. While expenses have increased by 0.7% per year over the past 4 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

A VEBA TRUST ESTABLISHED TO PROCESS ALL OF THE MEDICAL, DENTAL, VISION AND PHARMACY CLAIMS ALONG WITH ADMINISTRATION COST INCURRED TO ADMINISTERING THE COMPANY HEALTH AND WELFARE PLAN.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE WELFARE BENEFITS, INCLUDING COMPREHENSIVE HEALTH CARE, DENTAL EXPENSE BENEFITS, LIFE INSURANCE, AND ACCIDENTAL DEATH AND DISMEMBERMENT INSURANCE TO THE PARTICIPANTS IN THE PLAN.


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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$236,701,103
Investment income $230,709
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 $236,931,812

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