League Of Mn Cities Veba Health Savings Trust

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

EIN: 208610890 ✦ St paul, MN ✦ Designated as a 501(c)(9)

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Overview

What is League Of Mn Cities Veba Health Savings Trust?

The League of MN Cities Veba Health Savings Trust is a health reimbursement arrangement funded by an organization, serving around 64 participants. This trust provides medical care reimbursement, totaling approximately 34,511.31. Additionally, the trust manages investments related to its funds, with related expenses amounting to 444.84. The primary function of this trust is to fund health reimbursement arrangement benefits for its participants.

Is League Of Mn Cities Veba Health Savings Trust legitimate?

League Of Mn Cities Veba Health Savings Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. League Of Mn Cities Veba Health Savings Trust submitted a form 990EZ, 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.

What is the mission statement of League Of Mn Cities Veba Health Savings Trust?

The League of MN Cities Veba Health Savings Trust operates a health reimbursement arrangement, providing financial assistance to its approximately 64 participants for their medical expenses. The Trust's funds, which totaled approximately 34,511.31 in reimbursements, also cover expenses related to the investment of the Trust's funds, amounting to 444.84. The primary purpose of the League of MN Cities Veba Health Savings Trust is to fund health reimbursement arrangement benefits for its participants.

Who is the CEO of League Of Mn Cities Veba Health Savings Trust?

Unavailable

What is the revenue of League Of Mn Cities Veba Health Savings Trust?

League Of Mn Cities Veba Health Savings Trust's revenue in 2021 was $32,254.

Who are the executives of League Of Mn Cities Veba Health Savings Trust and what are their salaries?


Here are 2 key members and their salaries:


Mg Trust Company Llc (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donyelle Mikacevich (Hr Manager)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for League Of Mn Cities Veba Health Savings Trust?

League Of Mn Cities Veba Health Savings Trust's most recent form 990EZ was submitted in 2021 and can be accessed here.

Mission Statement of League Of Mn Cities Veba Health Savings Trust

The League of MN Cities VEBA Health Savings Trust is an organization that manages a health reimbursement arrangement. This arrangement, funded by the organization, provides benefits to approximately 64 participants. These individuals receive medical care reimbursements, totaling 34,511.31. Furthermore, the Trust invests its funds, incurring related expenses amounting to 444.84. In essence, the League of MN Cities VEBA Health Savings Trust serves to fund and manage a health reimbursement arrangement, offering medical care benefits to its participants.

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Impact




October, 2024

The League Of Mn Cities Veba Health Savings Trust has a significant impact on its participants by providing financial support for medical care through its health reimbursement arrangement. With approximately 64 participants, the Trust facilitated medical care reimbursements totaling $34,511.31, alleviating some of the financial burden associated with healthcare expenses.

By offering these reimbursements, the Trust helps ensure that participants can access necessary medical services without facing prohibitive costs. Additionally, the minimal investment expenses of $444.84 indicate effective management of the Trust's funds, allowing for a more substantial allocation towards participant health benefits. This program plays a crucial role in promoting mutual benefit for its members, enhancing their overall health and well-being.




This information is meant to be a general summary of League Of Mn Cities 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
$32,254 (2021)
Expenses
$23,434 (2021)
Efficiency

Other financial information:

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

  • Investment Income: $256
  • Program Service Revenue: $31,998
  • Gross Receipts: $32,254

Assets and Liabilities:

  • Total Assets: $92,804
  • Total Liabilities: $0
  • Net Assets: $92,804

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Organization Details

Main Address

145 UNIVERSITY AVE W, ST PAUL, MN, 55103

NTEE Category

Code: Y44 - Mutual benefit

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