Overview
What is Northland Veba Tr?
Northland Veba Tr is a nonprofit organization, specifically a trust, located in Cloquet, Minnesota. Its primary mission is to provide health reimbursement benefits for its participants and their dependents. This includes covering qualified medical, vision, and dental expenses. In 2022, the trust offered reimbursement for over $1.8 million worth of such expenses. The trust serves approximately 1075 individuals, ensuring they have financial assistance for their healthcare needs.
Is Northland Veba Tr legitimate?
Northland Veba Tr is a legitimate nonprofit organization registered as a 501(c)(9) entity. Northland Veba Tr 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 Northland Veba Tr?
Northland Veba Trust, as per its mission, provides health reimbursement benefits funded by the organization. This funding is intended for the reimbursement of qualified medical, vision, and dental expenses incurred by its participants. In 2022, beneficiaries of the trust received reimbursements totaling $1,806,925 for such expenses. The trust's purpose is to alleviate financial burdens associated with healthcare for its participants and their dependents. The organization's commitment to health reimbursement benefits serves as a crucial support system for its participants, enabling them to manage their healthcare costs more effectively.
Who is the CEO of Northland Veba Tr?
Jon Woolverton is the Trustee of Northland Veba Tr.
What is the revenue of Northland Veba Tr?
Northland Veba Tr's revenue in 2022 was $1,955,691.
Who are the executives of Northland Veba Tr and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Northland Veba Tr?
Northland Veba Tr's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Northland Veba Tr
Northland Veba Trust, as the name suggests, is an organization that plays a significant role in providing health reimbursement benefits. Its mission is centered around funding these benefits, which are intended to cover qualified medical, vision, and dental expenses incurred by its participants and their dependents. By doing so, Northland Veba Trust aims to alleviate the financial burden associated with these healthcare expenses, thereby ensuring that its beneficiaries have access to necessary medical services. In 2022, the trust provided reimbursements totaling $1,806,925 to its participants, demonstrating its commitment to this mission.
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Impact
October, 2024
Northland Veba Tr has a significant impact on the community by providing essential financial support for health-related expenses. The trust facilitates the reimbursement of qualified medical, vision, and dental expenses for 1,075 participants and their dependents. In 2022 alone, it reimbursed beneficiaries a total of $1,806,925 in qualified expenses, alleviating the financial burden associated with healthcare costs. This support not only enhances the quality of life for participants but also promotes overall community well-being by ensuring access to necessary medical care. By addressing these critical financial concerns, Northland Veba Tr plays a vital role in fostering mutual benefit among its members.
This information is meant to be a general summary of Northland Veba Tr. 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: $500
- Program Service Revenue: $1,955,191
- Gross Receipts: $1,955,691
Assets and Liabilities:
- Total Assets: $4,569,689
- Total Liabilities: $0
- Net Assets: $4,569,689
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Employer Contribution
Revenue
$1,955,191
Organization Details
Founding Year
2006
Phone
(800) 447-1690Principal Officer
Jon Woolverton
Main Address
PO BOX 720, CLOQUET, MN, 557200720
NTEE Category
Code: Y44 - Mutual benefit
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