Glenbrook Veba Health Savings Trust

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 208095855 ✦ Glenview, IL ✦ Designated as a 501(c)(9)

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Overview

What is Glenbrook Veba Health Savings Trust?

Glenbrook Veba Health Savings Trust is a nonprofit organization located at 1835 Landwehr Road, Glenview, Illinois. Its primary mission is to fund medical expense reimbursements under a Health Reimbursement Arrangement. This organization served approximately 182 participants, who received medical care amounting to $253,241. The Trust remains committed to providing financial support for medical expenses, contributing to the overall well-being of its participants.

Is Glenbrook Veba Health Savings Trust legitimate?

Glenbrook Veba Health Savings Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Glenbrook Veba Health Savings Trust submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Glenbrook Veba Health Savings Trust?

The Glenbrook Veba Health Savings Trust's primary role is to fund the reimbursement of medical expenses under a Health Reimbursement Arrangement. This organization serves approximately 182 participants, providing financial assistance for their medical care, amounting to $253,241. The Trust's mission is centered around providing financial support for medical treatments, aiding individuals in managing their healthcare expenses.

Who is the CEO of Glenbrook Veba Health Savings Trust?

Matrix Trust Company is the Trustee of Glenbrook Veba Health Savings Trust.

What is the revenue of Glenbrook Veba Health Savings Trust?

Glenbrook Veba Health Savings Trust's revenue in 2021 was $127,406.

Who are the executives of Glenbrook Veba Health Savings Trust and what are their salaries?


There is 1 key member and their salary:


Matrix Trust Company (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Glenbrook Veba Health Savings Trust?

Glenbrook Veba Health Savings Trust's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Glenbrook Veba Health Savings Trust

Glenbrook Veba Health Savings Trust is an organization dedicated to funding medical expenses under a Health Reimbursement Arrangement. This means that the trust provides financial assistance to its participants for their medical expenses. With approximately 182 participants, the trust had a total medical care expenditure of $253,241. The primary role of Glenbrook Veba Health Savings Trust is to support its members in managing their medical costs, ensuring they have access to necessary healthcare services without undue financial strain. The trust's mission is to provide a safety net for medical expenses, enabling its participants to focus on their health and wellbeing.

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Impact




October, 2024

Glenbrook Veba Health Savings Trust plays a crucial role in supporting individuals by funding reimbursements for medical expenses under its Health Reimbursement Arrangement. With approximately 182 participants benefiting from its services, the trust has facilitated the reimbursement of $253,241 for medical care. This financial support alleviates the burden of healthcare costs for participants in Glenview, IL, promoting greater access to necessary medical services and enhancing the overall well-being of the community. By helping individuals manage their healthcare expenses, the trust significantly contributes to their financial security and health stability.




This information is meant to be a general summary of Glenbrook Veba Health Savings Trust. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$127,406 (2021)
Expenses
$267,781 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $4,000
  • Program Service Revenue: $123,406
  • Gross Receipts: $127,406

Assets and Liabilities:

  • Total Assets: $944,321
  • Total Liabilities: $0
  • Net Assets: $944,321

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

EMPLOYER CONTRIBUTION

Revenue

$123,406

Organization Details

Founding Year

2006

Principal Officer

Matrix Trust Company

Main Address

1835 LANDWEHR ROAD, GLENVIEW, IL, 600253330

NTEE Category

Code: Y44 - Mutual benefit

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