Overview
What is City Of Clawson Veba Health Savings Trust?
The City of Clawson Veba Health Savings Trust is a nonprofit organization that aims to cover medical expenses for its members. With a health reimbursement arrangement, they funded support for approximately 48 participants, who received a total of $136,148 in medical care reimbursements. This trust serves as a financial resource for its members, ensuring they can access necessary medical services.
Is City Of Clawson Veba Health Savings Trust legitimate?
City Of Clawson Veba Health Savings Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. City Of Clawson 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 City Of Clawson Veba Health Savings Trust?
The City of Clawson Veba Health Savings Trust's primary objective is to finance the reimbursement of medical expenses under a health reimbursement arrangement. This organization provides financial support for its approximately 48 participants, who receive medical care reimbursements totaling $136,148. The mission of the City of Clawson Veba Health Savings Trust is centered around facilitating health care expenses for its members, thereby ensuring they can access necessary medical services.
Who is the CEO of City Of Clawson Veba Health Savings Trust?
Matrix Trust Company is the Trustee of City Of Clawson Veba Health Savings Trust.
What is the revenue of City Of Clawson Veba Health Savings Trust?
City Of Clawson Veba Health Savings Trust's revenue in 2022 was $85,530.
Who are the executives of City Of Clawson Veba Health Savings Trust 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 990EZ for City Of Clawson Veba Health Savings Trust?
City Of Clawson Veba Health Savings Trust's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of City Of Clawson Veba Health Savings Trust
The City of Clawson Veba Health Savings Trust is an organization dedicated to funding medical expense reimbursements under a health reimbursement arrangement. Their mission is to support approximately 48 individuals by providing financial assistance for their medical care. In 2022, this trust successfully reimbursed a total of $136,148 towards the participants' medical expenses. The City of Clawson Veba Health Savings Trust plays a significant role in alleviating the financial burden associated with healthcare costs for its participants.
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Impact
October, 2024
The City of Clawson Veba Health Savings Trust plays a significant role in supporting healthcare needs for the local community by funding a health reimbursement arrangement. This initiative enables participants to receive financial assistance for their medical expenses, particularly benefiting those facing healthcare costs. With approximately 48 participants accessing reimbursements totaling $136,148, the Trust directly alleviates the financial burden of medical care for individuals and families in Clawson, MI. This impact fosters a healthier community by ensuring that residents have the means to obtain necessary medical services without the added stress of high out-of-pocket costs. Through its mission, the Trust not only promotes health and well-being but also strengthens the community's resilience against healthcare-related financial challenges.
This information is meant to be a general summary of City Of Clawson 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $37
- Program Service Revenue: $85,493
- Gross Receipts: $85,530
Assets and Liabilities:
- Total Assets: $378,822
- Total Liabilities: $0
- Net Assets: $378,822
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Organization Details
Phone
(248) 435-4500Principal Officer
Matrix Trust Company
Main Address
425 NORTH MAIN STREET, CLAWSON, MI, 48017
NTEE Category
Code: Y43 - Mutual benefit
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