EMPLOYER CONTRIBUTION VEBA TRUST NORTHWOOD

Address
8625 ANDREW CARNEGIE BLVD ATTNCORP
CHARLOTTE, NC 28262
Contact
Website: http://www.northwood.edu
Phone: +1 (877) 535-3910
Nonprofit
NTEE: Y20 - Insurance Providers, Services
EIN: 04-3852106

Mission

TO PROVIDE RETIREE HEALTH BENEFITS TO THE EMPLOYER'S FORMER EMPLOYEES AND THEIR SPOUSES AND DEPENDENTS, ALTHOUGH OTHER BENEFITS MAY BE PROVIDED AS DESCRIBED IN THE PLAN DOCUMENT.
 20162015201420132012
Basic features of the organization
Year of formation2006
Subsection code09
PF filing required0    
Metropolitan statistical area1520
Form of organization
TrustTrue
Human resources, including compensation
Summary compensation info
Sum of reportable (W2/1099) compensation$750.00$750.00$750.00$750.00$750.00
Number of employees00000
Purpose: mission, activities, & accomplishments
Mission or significant activitiesTO PROVIDE RETIREE HEALTH BENEFITS TO THE EMPLOYER'S FORMER EMPLOYEES AND THEIR SPOUSES AND DEPENDENTS, ALTHOUGH OTHER BENEFITS MAY BE PROVIDED AS DESCRIBED IN THE PLAN DOCUMENT.TO PROVIDE RETIREE HEALTH BENEFITS TO THE EMPLOYER'S FORMER EMPLOYEES AND THEIR SPOUSES AND DEPENDENTS, ALTHOUGH OTHER BENEFITS MAY BE PROVIDED AS DESCRIBED IN THE PLAN DOCUMENT.TO PROVIDE RETIREE HEALTH BENEFITS TO THE EMPLOYER'S FORMER EMPLOYEES AND THEIR SPOUSES AND DEPENDENTS, ALTHOUGH OTHER BENEFITS MAY BE PROVIDED AS DESCRIBED IN THE PLAN DOCUMENT.TO PROVIDE RETIREE HEALTH BENEFITS TO THE EMPLOYER'S FORMER EMPLOYEES AND THEIR SPOUSES AND DEPENDENTS, ALTHOUGH OTHER BENEFITS MAY BE PROVIDED AS DESCRIBED IN THE PLAN DOCUMENT.TO PROVIDE RETIREE HEALTH BENEFITS TO THE EMPLOYER'S FORMER EMPLOYEES AND THEIR SPOUSES AND DEPENDENTS, ALTHOUGH OTHER BENEFITS MAY BE PROVIDED AS DESCRIBED IN THE PLAN DOCUMENT.
Programs, including revenue & expenses
HEALTH BENEFITS AND INSURANCE PREMIUMS PAID TO MEMBERS.
Program descriptionHEALTH BENEFITS AND INSURANCE PREMIUMS PAID TO MEMBERS.HEALTH BENEFITS AND INSURANCE PREMIUMS PAID TO MEMBERS.HEALTH BENEFITS AND INSURANCE PREMIUMS PAID TO MEMBERS.HEALTH BENEFITS AND INSURANCE PREMIUMS PAID TO MEMBERS.HEALTH BENEFITS AND INSURANCE PREMIUMS PAID TO MEMBERS.
Financial data
Revenue
Total revenue$169,946.00$115,982.00$214,347.00$256,225.00$217,771.00
Revenue from contributions (total) $0.00$0.00$0.00$0.00
Investment income, current yr$85,326.00$111,630.00$111,997.00$88,186.00$54,301.00
Total revenue from grants, etc., current yr$0.00$0.00$0.00$0.00$0.00
Total unrelated business revenue$0.00$0.00$0.00$0.00$0.00
Other revenue, current yr$0.00$0.00$0.00$0.00$0.00
Net unrelated business taxable revenue$0.00$0.00$0.00$0.00$0.00
Program service revenue (total)$84,620.00$4,352.00$102,350.00$168,039.00$163,470.00
Gross receipts$410,448.00$493,898.00$485,874.00$364,850.00$459,235.00
Other types of revenue
Income from dividends, interest, and similar investments$77,540.00$93,874.00$88,422.00$76,418.00$43,307.00
Net rental income $0.00$0.00$0.00$0.00
Expense categories (totals)
Total functional expenses: sum of all$75,301.00$112,624.00$77,094.00$47,484.00$64,282.00
Total functional expenses: program service $41,171.00$75,743.00$42,693.00$12,548.00$22,865.00
Total functional expenses: management and general$34,130.00$36,881.00$34,401.00$34,936.00$41,417.00
Total functional expenses: fundraising$0.00$0.00$0.00$0.00$0.00
Fees for services
Fundraising service fees (total)$0.00$0.00$0.00$0.00$0.00
General management fees (total)$34,130.00$36,881.00$34,401.00$34,936.00$41,417.00
Assets and liabilities
Total assets$1,730,256.00$1,611,945.00$1,719,181.00$1,625,685.00$1,268,906.00
Total assets, beginning of year$1,611,945.00$1,719,181.00$1,625,685.00$1,268,906.00$1,017,366.00
Total liabilities$0.00$0.00$0.00$0.00$0.00
Total liabilities, beginning of year$0.00$0.00$0.00$0.00$0.00
Net assets$1,730,256.00$1,611,945.00$1,719,181.00$1,625,685.00$1,268,906.00
Net assets, beginning of year$1,611,945.00$1,719,181.00$1,625,685.00$1,268,906.00$1,017,366.00
Investments: publicly traded securities$1,685,029.00$1,565,816.00$1,580,075.00$1,504,289.00$1,268,906.00
Other financial variables
Revenue less expenses$94,645.00$3,358.00$137,253.00$208,741.00$153,489.00
Savings & temp cash investment$45,227.00$46,129.00$139,106.00$121,396.00 
Total net assets or fund balances$1,730,256.00$1,611,945.00$1,719,181.00$1,625,685.00$1,268,906.00
Governance and accountability
Number of voting members11111
Number of independent voting members00000
Financial sheets auditedTrueTrueTrueTrueTrue
Audit on consolidated basisTrueTrueTrueTrueTrue
Cash accountingTrueTrueTrueTrueTrue
Tax year start date2016-01-012015-01-012014-01-012013-01-012012-01-01
Tax year end date2016-12-012015-12-012014-12-012013-12-012012-12-01
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990990990990
Reason for form submission
Address change    True
Date e-filing submitted2017-11-222016-12-122015-08-042014-10-232013-09-23
IRS schema version2016v3.02015v2.02014v5.02013v3.12012v2.1
Filing identifier201742759349301334201642159349300854201532029349300023201432239349301118201342139349300334
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