Omni Glass And Paint Inc Veba Health S

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

EIN: 264828146 ✦ Oshkosh, WI ✦ Designated as a 501(c)(9)

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Overview

What is Omni Glass And Paint Inc Veba Health S?

Omni Glass And Paint Inc Veba Health S is a nonprofit organization situated in Oshkosh, Wisconsin. It operates as a Voluntary Employees' Beneficiary Association (VEBA), primarily focusing on funding eligible medical expenses through a Health Reimbursement Arrangement. This arrangement benefits approximately 106 participants during the plan year 2020. The organization's purpose is to provide financial assistance for medical costs, contributing to the overall health and wellness of its participants.

Is Omni Glass And Paint Inc Veba Health S legitimate?

Omni Glass And Paint Inc Veba Health S is a legitimate nonprofit organization registered as a 501(c)(9) entity. Omni Glass And Paint Inc Veba Health S 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 Omni Glass And Paint Inc Veba Health S?

Omni Glass And Paint Inc Veba Health S is a voluntary employees' beneficiary association (VEBA) that serves as a fund to cover eligible medical expenses under a health reimbursement arrangement. Its primary function is to provide financial assistance for medical costs, benefiting approximately 106 participants during the plan year 2020. The association aims to support its members in managing their healthcare expenses, ensuring they have access to necessary medical services without undue financial burden. It operates as a safety net, enhancing the overall well-being of its participants by alleviating some of the financial stress associated with healthcare costs.

Who is the CEO of Omni Glass And Paint Inc Veba Health S?

Hand Benefit Trust Co is the Trustee of Omni Glass And Paint Inc Veba Health S.

What is the revenue of Omni Glass And Paint Inc Veba Health S?

Omni Glass And Paint Inc Veba Health S's revenue in 2020 was $8,722.

Who are the executives of Omni Glass And Paint Inc Veba Health S and what are their salaries?


There is 1 key member and their salary:


Hand Benefit Trust Co (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Omni Glass And Paint Inc Veba Health S?

Omni Glass And Paint Inc Veba Health S's most recent form 990 was submitted in 2020 and can be accessed here.

Mission Statement of Omni Glass And Paint Inc Veba Health S

Omni Glass And Paint Inc Veba Health S is a voluntary employees' beneficiary association (VEBA) with a mission to fund the reimbursement of eligible medical expenses under a health reimbursement arrangement. This organization serves around 106 participants, providing them with the financial support needed to cover their medical expenses throughout the year 2020. By doing so, Omni Glass And Paint Inc Veba Health S plays a crucial role in helping its members manage their healthcare costs, ensuring they can access necessary medical services without undue financial strain. This mission demonstrates the organization's commitment to supporting its participants' health and wellbeing.

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Impact




October, 2024

Omni Glass And Paint Inc Veba Health S plays a significant role in providing financial support for medical expenses incurred by its participants. As a voluntary employees' beneficiary association (VEBA), it facilitates a health reimbursement arrangement, which allows eligible individuals to receive reimbursements for their medical costs. With approximately 106 participants in the 2020 plan year, the organization serves as a crucial resource for employees, helping them manage healthcare expenses and thereby promoting financial well-being.

The impact of this arrangement is particularly important for those who may face significant out-of-pocket costs for medical care. By offsetting these expenses, Omni Glass And Paint Inc Veba Health S contributes to a healthier workforce and enhances employee satisfaction and retention. The organization’s mission underscores the value of mutual benefit, fostering a supportive community that prioritizes the health and financial security of its members in Oshkosh, Wisconsin.




This information is meant to be a general summary of Omni Glass And Paint Inc Veba Health S. 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
$8,722 (2020)
Expenses
$23,432 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Investment Income: $2,617
  • Program Service Revenue: $6,105
  • Gross Receipts: $33,157

Assets and Liabilities:

  • Total Assets: $307,816
  • Total Liabilities: $0
  • Net Assets: $307,816

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

EMPLOYER CONTRIBUTIONS

Revenue

$6,105

Organization Details

Founding Year

2008

Principal Officer

Hand Benefit Trust Co

Main Address

3530 Omni Drive, Oshkosh, WI, 54904

NTEE Category

Code: Y43 - Mutual benefit

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