Overview
What is Hawkeye Community College Veba Health Savings Trust?
Hawkeye Community College Veba Health Savings Trust is a nonprofit organization located in Waterloo, Iowa. Its primary mission is to fund medical expenses under a Health Reimbursement Arrangement. This organization served approximately 17 participants who received medical care, amounting to $20,763. The Health Reimbursement Arrangement is a mechanism through which the organization reimburses eligible medical expenses for its participants.
Is Hawkeye Community College Veba Health Savings Trust legitimate?
Hawkeye Community College Veba Health Savings Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Hawkeye Community College 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 Hawkeye Community College Veba Health Savings Trust?
The Hawkeye Community College Veba Health Savings Trust's primary function is to facilitate the reimbursement of medical expenses under a Health Reimbursement Arrangement. This organization serves approximately 17 participants who utilize medical care, with a total expenditure of around $20,763. The Trust's role is to manage these funds, ensuring that eligible medical expenses are reimbursed to the participants. While the Trust does not have a formal mission statement as such, its purpose can be inferred from its primary activity, which is to assist individuals in managing their healthcare expenses within the framework of a Health Reimbursement Arrangement.
Who is the CEO of Hawkeye Community College Veba Health Savings Trust?
Matrix Trust Company is the Trustee of Hawkeye Community College Veba Health Savings Trust.
What is the revenue of Hawkeye Community College Veba Health Savings Trust?
Hawkeye Community College Veba Health Savings Trust's revenue in 2023 was $5,134.
Who are the executives of Hawkeye Community College 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 Hawkeye Community College Veba Health Savings Trust?
Hawkeye Community College Veba Health Savings Trust's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Hawkeye Community College Veba Health Savings Trust
Hawkeye Community College Veba Health Savings Trust is an organization that is dedicated to funding the reimbursement of medical expenses under a Health Reimbursement Arrangement (HRA). This nonprofit serves approximately 17 participants who utilize medical services, with the total amount of reimbursed medical care reaching $20,763. The mission of Hawkeye Community College Veba Health Savings Trust is to provide financial assistance to its participants, enabling them to manage their healthcare expenses effectively. By offering reimbursement for medical costs, the trust ensures that individuals can access necessary healthcare services without facing excessive financial burden. This financial assistance can be particularly beneficial for individuals and families with high medical expenses, providing them with financial relief and peace of mind. In summary, Hawkeye Community College Veba Health Savings Trust is a nonprofit organization that plays a crucial role in supporting individuals by funding their medical expenses under a Health Reimbursement Arrangement.
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Impact
October, 2024
Hawkeye Community College Veba Health Savings Trust plays a vital role in supporting individuals by funding reimbursement for medical expenses through a Health Reimbursement Arrangement (HRA). By providing financial assistance for healthcare costs, it significantly alleviates the burden of medical expenses for its participants.
With approximately 17 participants benefiting from this program, the Trust facilitated access to medical care amounting to $20,763. This support not only enhances the well-being of the individuals involved but also fosters a sense of community by promoting health and financial stability. By addressing medical expense reimbursements, the Trust contributes to healthier outcomes and helps participants navigate the complexities of healthcare costs, ensuring they can focus on their health without the overwhelming worry of financial strain.
This information is meant to be a general summary of Hawkeye Community College 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 2023.
- Investment Income: $5,134
- Gross Receipts: $5,134
Assets and Liabilities:
- Total Assets: $396,200
- Total Liabilities: $0
- Net Assets: $396,200
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Organization Details
Founding Year
2010
Phone
(319) 296-9264Principal Officer
Matrix Trust Company
Main Address
1501 E ORANGE RD, WATERLOO, IA, 50701
NTEE Category
Code: Y44 - Mutual benefit
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