Overview
What is Valley Telecommunications Coop Assoc Inc Veba Trust C/O First National Bank?
Valley Telecommunications Coop Assoc Inc Veba Trust C/O First National Bank is a trust established with the primary objective of providing medical expense coverage to eligible retirees and their dependents, under the AAA Plan Group Health Program of the National Telecommunications Cooperative Association. As of December 31, 2022, there were nine participating individuals. The trust serves as a financial mechanism for covering medical expenses for those who opt into the plan. The trust is based at 100 S Phillips Avenue, Sioux Falls, SD 57104.
Is Valley Telecommunications Coop Assoc Inc Veba Trust C/O First National Bank legitimate?
Valley Telecommunications Coop Assoc Inc Veba Trust C/O First National Bank is a legitimate nonprofit organization registered as a 501(c)(9) entity. Valley Telecommunications Coop Assoc Inc Veba Trust C/O First National Bank 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
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What is the mission statement of Valley Telecommunications Coop Assoc Inc Veba Trust C/O First National Bank?
The Valley Telecommunications Coop Assoc Inc Veba Trust C/O First National Bank is established with a mission to fund medical expenses for individuals who choose to participate in the plan. This trust, primarily, aims to cover a portion or the entirety of benefits for eligible employees and their dependents, post-retirement, under the AAA Plan Group Health Program of the National Telecommunications Cooperative Association. As of December 31, 2022, there were nine participants enrolled in this plan.
Who is the CEO of Valley Telecommunications Coop Assoc Inc Veba Trust C/O First National Bank?
Kimball James is the Trustee of Valley Telecommunications Coop Assoc Inc Veba Trust C/O First National Bank.
What is the revenue of Valley Telecommunications Coop Assoc Inc Veba Trust C/O First National Bank?
Valley Telecommunications Coop Assoc Inc Veba Trust C/O First National Bank's revenue in 2022 was $56,182.
Who are the executives of Valley Telecommunications Coop Assoc Inc Veba Trust C/O First National Bank and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Valley Telecommunications Coop Assoc Inc Veba Trust C/O First National Bank?
Valley Telecommunications Coop Assoc Inc Veba Trust C/O First National Bank's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Valley Telecommunications Coop Assoc Inc Veba Trust C/O First National Bank
Valley Telecommunications Coop Assoc Inc Veba Trust C/O First National Bank is a trust established with the primary purpose of funding medical expenses for covered individuals who choose to participate in the plan. This trust, in essence, serves as a financial safety net for eligible employees and their dependents, particularly after retirement, within the context of the AAA Plan Group Health Program of the National Telecommunications Cooperative Association. As of December 31, 2022, there were nine participants enrolled in this trust.
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Impact
October, 2024
Valley Telecommunications Coop Assoc Inc Veba Trust C/O First National Bank plays a crucial role in providing financial support for medical expenses to eligible employees and their dependents who participate in the AAA Plan Group Health Program of the National Telecommunications Cooperative Association. By funding medical benefits, the trust ensures that retirees have access to necessary healthcare, alleviating the financial burden associated with medical costs. As of December 31, 2022, it had 9 participants, reflecting its focused impact on a select group within the telecommunications sector. The trust's mission fosters a sense of security and stability for retirees and their families, promoting overall well-being within the community of individuals who have dedicated their careers to Valley Telecommunications and its affiliates. This targeted support enhances the quality of life for participants, making healthcare more accessible during retirement.
This information is meant to be a general summary of Valley Telecommunications Coop Assoc Inc Veba Trust C/O First National Bank. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $56,182
- Gross Receipts: $316,353
Assets and Liabilities:
- Total Assets: $1,234,696
- Total Liabilities: $0
- Net Assets: $1,234,696
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Organization Details
Founding Year
2007
Phone
(605) 437-2615Principal Officer
Kimball James
Main Address
100 S PHILLIPS AVENUE, SIOUX FALLS, SD, 57104
NTEE Category
Code: Y43 - Mutual benefit
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