Coronado Firefighters Local 1475 Veba Health Savings Trust

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

EIN: 272107331 ✦ Coronado, CA ✦ Designated as a 501(c)(9)

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Overview

What is Coronado Firefighters Local 1475 Veba Health Savings Trust?

Coronado Firefighters Local 1475 Veba Health Savings Trust is a nonprofit organization situated in Coronado, California. Their primary purpose is to administer a Health Reimbursement Arrangement (HRA), offering financial assistance for eligible medical expenses. The Trust had approximately 57 participants who utilized medical services amounting to $60,319. The organization's mission is dedicated to supporting the reimbursement of medical costs under this HRA.

Is Coronado Firefighters Local 1475 Veba Health Savings Trust legitimate?

Coronado Firefighters Local 1475 Veba Health Savings Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Coronado Firefighters Local 1475 Veba Health Savings Trust 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

For more financial information, click here

What is the mission statement of Coronado Firefighters Local 1475 Veba Health Savings Trust?

The Coronado Firefighters Local 1475 Veba Health Savings Trust's primary purpose is to fund the reimbursement of medical expenses under a Health Reimbursement Arrangement. This organization serves approximately 57 participants, providing financial aid for their medical care, amounting to around $60,319. The trust's mission is to alleviate the financial burden associated with healthcare expenses for its members. It operates within a Health Reimbursement Arrangement framework, enabling the reimbursement of eligible medical costs.

Who is the CEO of Coronado Firefighters Local 1475 Veba Health Savings Trust?

Voya Institutional Trust is the Principal Officer of Coronado Firefighters Local 1475 Veba Health Savings Trust.

What is the revenue of Coronado Firefighters Local 1475 Veba Health Savings Trust?

Coronado Firefighters Local 1475 Veba Health Savings Trust's revenue in 2022 was -$79,838.

Who are the executives of Coronado Firefighters Local 1475 Veba Health Savings Trust and what are their salaries?


There is 1 key member and their salary:


Voya Institutional Trust Company (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Coronado Firefighters Local 1475 Veba Health Savings Trust?

Coronado Firefighters Local 1475 Veba Health Savings Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Coronado Firefighters Local 1475 Veba Health Savings Trust

Coronado Firefighters Local 1475 Veba Health Savings Trust is a nonprofit organization dedicated to funding medical expenses under a Health Reimbursement Arrangement. This mission is aimed at providing financial assistance to its approximately 57 participants who require medical care. The Trust has facilitated reimbursements totaling $60,319, demonstrating its commitment to supporting the healthcare needs of its members. By funding medical expenses, the Trust enables its participants to manage their healthcare costs more effectively, ensuring they receive necessary medical care without undue financial burden.

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Impact




October, 2024

Coronado Firefighters Local 1475 VEBA Health Savings Trust plays a crucial role in supporting the health and well-being of its participants by funding reimbursement for medical expenses. Through its Health Reimbursement Arrangement, the trust has facilitated approximately 57 participants in accessing necessary medical care, amounting to $60,319 in reimbursements. This financial support helps ensure that firefighters and their families can manage healthcare costs effectively, promoting their overall health and enabling them to better serve the community in Coronado, CA. The trust's mission is centered on mutual benefit, providing essential resources for medical expenses that contribute to the quality of life for those it serves.




This information is meant to be a general summary of Coronado Firefighters Local 1475 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.

Revenue
-$79,838 (2022)
Expenses
$67,255 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$183,287
  • Program Service Revenue: $103,449
  • Gross Receipts: $112,328

Assets and Liabilities:

  • Total Assets: $1,565,139
  • Total Liabilities: $0
  • Net Assets: $1,565,139

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$103,449

Organization Details

Founding Year

2009

Principal Officer

Voya Institutional Trust

Main Address

1001 6TH STREET, CORONADO, CA, 92118

NTEE Category

Code: Y44 - Mutual benefit

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