Organizations Filed Purposes:
SEE PART I, LINE 1.
THE TIMKEN COMPANY VOLUNTARY EMPLOYEES' BENEFICIARY ASSOCIATION TRUST (THE "VEBA TRUST") WAS ORGANIZED SOLELY FOR THE PURPOSE OF AND IS INVOLVED ONLY IN THE ACTIVITIES ASSOCIATED WITH FUNDING LIFE, SICK, ACCIDENT, MEDICAL, DENTAL, VISION, PHARMACEUTICAL AND RELATED BENEFITS ("HEALTH AND WELFARE BENEFITS") PROVIDED TO CURRENT AND FORMER EMPLOYEES (AND THEIR ELIGIBLE DEPENDENTS) OF THE TIMKEN COMPANY (AND CERTAIN OTHER EMPLOYERS RELATED THROUGH INTERNAL REVENUE CODE SECTION 414)(THE "COMPANY"), WHO ARE OR WERE MEMBERS OF A BARGAINED UNIT REPRESENTED BY THE UNITED STEEL, PAPER AND FORESTRY, RUBBER, MANUFACTURING ENERGY, ALLIED INDUSTRIAL AND SERVICE WORKERS INTERNATIONAL UNION AND ITS CONSTITUENT LOCAL UNION NO. 1123 (THE UNION"), AND WHO ARE ELIGIBLE TO PARTICIPATE IN THE TIMKEN COMPANY BARGAINING UNIT WELFARE BENEFIT PLAN (THE "WELFARE PLAN").
ONGOING OPERATIONS OF THE TRUST - DURING THE TAX YEAR, PARTICIPANTS CONTRIBUTED SPECIFIED AMOUNTS BASED ON APPLICABLE MONTHLY PREMIUMS FOR THEIR RESPECTIVE BENEFIT ELECTIONS AND BARGAINING UNIT. THE COSTS OF THE POST-RETIREMENT BENEFITS PLAN ARE SHARED BY THE TIMKEN COMPANY AND RETIREES AND VARY FROM PLAN TO PLAN. THE TIMKEN COMPANY MADE CONTRIBUTIONS TO THE TRUST AS NEEDED TO FUND CLAIMS ON A PAY-AS-YOU-GO BASIS.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Us Bank National Association | TRUSTEE | 40 | $89,191 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202003019349300900_public.xml