Overview
What is Aegis Group Inc Health Investment Plan?
Aegis Group Inc's Health Investment Plan is a voluntary employee's beneficiary association (VEBA) established to financially support the medical reimbursement of eligible expenses for its 13 participants during the 2020 plan year. Based in Green Bay, Wisconsin, this health reimbursement arrangement aims to alleviate the monetary burden of healthcare costs for its members.
Is Aegis Group Inc Health Investment Plan legitimate?
Aegis Group Inc Health Investment Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Aegis Group Inc Health Investment Plan 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 Aegis Group Inc Health Investment Plan?
The Aegis Group Inc Health Investment Plan serves as a voluntary employee's beneficiary association (VEBA), primarily focused on funding the medical reimbursement of eligible expenses under a health reimbursement arrangement. This plan, active throughout the year 2020, has benefitted 13 participants, providing financial assistance for their health-related expenditures. In essence, the Aegis Group Inc Health Investment Plan aims to alleviate the financial burden of eligible medical costs for its participants, ensuring they have access to necessary healthcare services.
What is the revenue of Aegis Group Inc Health Investment Plan?
Aegis Group Inc Health Investment Plan's revenue in 2020 was $5,338.
Who are the executives of Aegis Group Inc Health Investment Plan 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 Aegis Group Inc Health Investment Plan?
Aegis Group Inc Health Investment Plan's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of Aegis Group Inc Health Investment Plan
Aegis Group Inc's Health Investment Plan serves as a voluntary employee's beneficiary association (VEBA), dedicated to funding eligible medical expenses under a health reimbursement arrangement. This plan aims to provide financial assistance for medical costs, benefiting a total of 13 participants during the 2020 plan year. In essence, the Health Investment Plan functions as a resource that reimburses qualifying medical expenses, offering a financial safety net for those enrolled.
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Impact
October, 2024
Aegis Group Inc Health Investment Plan significantly impacts participants by providing financial support for their medical expenses through a structured Health Reimbursement Arrangement (HRA). This voluntary employee's beneficiary association (VEBA) enables eligible employees to access funds specifically designated for reimbursing medical costs, enhancing their overall financial well-being and access to healthcare services.
In 2020, the plan benefited 13 participants, allowing them to better manage their healthcare expenses. By covering eligible medical expenses, Aegis Group Inc facilitates a healthier workforce, reducing stress related to unexpected medical costs and allowing participants to focus more on their health and productivity. The arrangement fosters a sense of community and mutual support among employees, aligning with the plan's mission of promoting the health and welfare of its members. Overall, the Aegis Group's initiative strengthens employee engagement and satisfaction by providing crucial financial resources for medical care.
This information is meant to be a general summary of Aegis Group Inc Health Investment Plan. 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 2020.
- Investment Income: $1,420
- Program Service Revenue: $3,918
- Gross Receipts: $18,569
Assets and Liabilities:
- Total Assets: $291,057
- Total Liabilities: $0
- Net Assets: $291,057
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYEE CONTRIBUTIONS
Revenue
$3,918
Organization Details
Founding Year
2006
Principal Officer
Aegis Group Inc
NTEE Category
Code: Y44 - Mutual benefit
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