Overview
What is Ksb Hospital Veba Health Savings Trust?
Ksb Hospital Veba Health Savings Trust is a nonprofit organization situated in Dixon, Illinois. Its primary mission is to fund medical expense reimbursements under a Health Reimbursement Arrangement. In 20XX, this organization served approximately 247 participants, offering them medical care amounting to $281,725. Although the information provided is limited, it is clear that Ksb Hospital Veba Health Savings Trust plays a significant role in supporting medical expenses for its participants.
Is Ksb Hospital Veba Health Savings Trust legitimate?
Ksb Hospital Veba Health Savings Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Ksb Hospital 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 Ksb Hospital Veba Health Savings Trust?
Ksb Hospital Veba Health Savings Trust is an organization with a mission to fund the reimbursement of medical expenses under a Health Reimbursement Arrangement. This means they provide financial assistance for their participants' medical needs as per the terms of this arrangement. The organization had approximately 247 participants who availed of medical care, amounting to $281,725, under this arrangement. The primary role of Ksb Hospital Veba Health Savings Trust is to facilitate financial support for its members' medical expenses, thereby easing the financial burden during health-related incidents.
Who is the CEO of Ksb Hospital Veba Health Savings Trust?
Matrix Trust Company is the Trustee of Ksb Hospital Veba Health Savings Trust.
What is the revenue of Ksb Hospital Veba Health Savings Trust?
Ksb Hospital Veba Health Savings Trust's revenue in 2022 was $36,889.
Who are the executives of Ksb Hospital 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 Ksb Hospital Veba Health Savings Trust?
Ksb Hospital Veba Health Savings Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ksb Hospital Veba Health Savings Trust
Ksb Hospital Veba Health Savings Trust is an organization dedicated to funding the reimbursement of medical expenses under a Health Reimbursement Arrangement. This nonprofit serves approximately 247 participants, providing financial assistance for their medical needs. Through this Health Reimbursement Arrangement, the trust has facilitated the reimbursement of medical expenses totaling $281,725, demonstrating its commitment to supporting the healthcare needs of its participants.
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Impact
October, 2024
Ksb Hospital Veba Health Savings Trust significantly enhances the financial well-being of its participants by providing a vital source of funding for medical expenses. With approximately 247 individuals benefiting from this initiative, the trust has facilitated the reimbursement of $281,725 in healthcare costs. This impactful program ensures that participants can access necessary medical care without the burden of overwhelming out-of-pocket expenses. By fostering a supportive environment for healthcare financing, the Trust plays a crucial role in promoting mutual benefit among its members in Dixon, IL.
This information is meant to be a general summary of Ksb Hospital 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: $179
- Program Service Revenue: $36,710
- Gross Receipts: $36,889
Assets and Liabilities:
- Total Assets: $1,699,957
- Total Liabilities: $0
- Net Assets: $1,699,957
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTION
Revenue
$36,710
Organization Details
Founding Year
2010
Phone
(815) 285-5617Principal Officer
Matrix Trust Company
Main Address
403 EAST FIRST STREET, DIXON, IL, 61021
NTEE Category
Code: Y43 - Mutual benefit
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