Overview
What is Ibew Veba Health Savings Trust?
Ibew Veba Health Savings Trust is a nonprofit entity that serves around 889 individuals by funding their medical expenses under a Health Reimbursement Arrangement. Based in Menomonee Falls, Wisconsin, the trust plays a crucial role in supporting its participants' healthcare needs during the specified plan year. The trust's primary mission is to provide financial assistance for medical expenses, thereby easing the financial burden for its beneficiaries. This nonprofit organization is dedicated to ensuring that its participants can access necessary healthcare services without undue financial strain.
Is Ibew Veba Health Savings Trust legitimate?
Ibew Veba Health Savings Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Ibew 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
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What is the mission statement of Ibew Veba Health Savings Trust?
The IBEW Veba Health Savings Trust's primary objective is to finance the reimbursement of medical expenses under a Health Reimbursement Arrangement. This trust serves approximately 889 participants, providing them with financial assistance for their healthcare needs during a specific plan year. The trust's mission is to alleviate the financial burden associated with medical expenses, ensuring that participants can access necessary healthcare services.
Who is the CEO of Ibew Veba Health Savings Trust?
Paul Hartgerink is the Trustee of Ibew Veba Health Savings Trust.
What is the revenue of Ibew Veba Health Savings Trust?
Ibew Veba Health Savings Trust's revenue in 2022 was $83,130.
Who are the executives of Ibew 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 990 for Ibew Veba Health Savings Trust?
Ibew Veba Health Savings Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ibew Veba Health Savings Trust
IBEW Veba Health Savings Trust is a entity dedicated to funding the reimbursement of medical expenses under a Health Reimbursement Arrangement. In simpler terms, this organization provides financial assistance to cover eligible medical costs for its approximately 889 participants. During the June 1, 2021-May 31, 2022 plan year, IBEW Veba Health Savings Trust actively facilitated this process. This nonprofit organization plays a crucial role in alleviating the financial burden of medical expenses for its beneficiaries, thereby ensuring they receive necessary healthcare services.
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Impact
October, 2024
The IBEW VEBA Health Savings Trust plays a significant role in supporting individuals by providing financial assistance for medical expenses through a health reimbursement arrangement (HRA). During the plan year from June 1, 2021, to May 31, 2022, it benefitted approximately 889 participants, showing its substantial reach and impact on the community it serves in Menomonee Falls, Wisconsin.
By funding reimbursements for medical expenses, the Trust alleviates some of the financial burdens associated with healthcare, allowing participants to focus more on their health and well-being rather than the costs of medical care. This support is crucial for many families, as it promotes access to necessary healthcare services and treatments that might otherwise be unaffordable. The Trust's mission underscores its commitment to enhancing the quality of life for its participants by ensuring that financial barriers do not impede access to essential medical services.
This information is meant to be a general summary of Ibew 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: $83,130
- Gross Receipts: $181,039
Assets and Liabilities:
- Total Assets: $2,785,823
- Total Liabilities: $0
- Net Assets: $2,785,823
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Organization Details
Founding Year
2009
Phone
(262) 252-2552Principal Officer
Paul Hartgerink
Main Address
c/o IBEW N56W1377 Silver Springs Dr, Menomonee Falls, WI, 53051
NTEE Category
Code: Y43 - Mutual benefit
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