Overview
What is City Of San Bruno Veba Health Savings Trust?
The City of San Bruno Veba Health Savings Trust is an organization that manages a Health Reimbursement Arrangement (HRA). This setup serves around 31 individuals, who receive necessary medical care. The main mission of the Trust involves providing funds for the reimbursement of these individuals' medical expenses under the HRA framework.
Is City Of San Bruno Veba Health Savings Trust legitimate?
City Of San Bruno Veba Health Savings Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. City Of San Bruno Veba Health Savings Trust submitted a form 990EZ, 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.
What is the mission statement of City Of San Bruno Veba Health Savings Trust?
The City of San Bruno Veba Health Savings Trust is established with a mission to fund the reimbursement of medical expenses for its approximately 31 participating individuals under a Health Reimbursement Arrangement. This organization aims to provide financial support for the medical needs of its members, ensuring they have access to necessary healthcare services. By funding medical care, the City of San Bruno Veba Health Savings Trust seeks to ease the financial burden associated with healthcare expenses for its participants.
Who is the CEO of City Of San Bruno Veba Health Savings Trust?
Matrix Trust Company is the Trustee of City Of San Bruno Veba Health Savings Trust.
What is the revenue of City Of San Bruno Veba Health Savings Trust?
City Of San Bruno Veba Health Savings Trust's revenue in 2023 was $74,088.
Who are the executives of City Of San Bruno 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 990EZ for City Of San Bruno Veba Health Savings Trust?
City Of San Bruno Veba Health Savings Trust's most recent form 990EZ was submitted in 2023 and can be accessed here.
Mission Statement of City Of San Bruno Veba Health Savings Trust
The City of San Bruno Veba Health Savings Trust is an organization that manages a Health Reimbursement Arrangement (HRA). The primary mission of this entity is to fund the reimbursement of medical expenses for approximately 31 participants who received medical care under this HRA. This arrangement serves as a means to cover the costs associated with healthcare, ensuring that the participating individuals can access necessary medical services without undue financial burden.
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Impact
October, 2024
The City of San Bruno VEBA Health Savings Trust plays a significant role in providing financial support for medical expenses for its participants. With approximately 31 individuals benefiting from the health reimbursement arrangement, the Trust helps alleviate the financial burden of healthcare costs. By funding reimbursements for medical expenses, it ensures that participants have access to necessary medical care without facing overwhelming out-of-pocket costs. This not only enhances their overall health and well-being but also promotes a healthier community in San Bruno, California. The Trust's focus on mutual benefit fosters a sense of security among participants, contributing to their peace of mind when it comes to health-related expenses.
This information is meant to be a general summary of City Of San Bruno 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: $339
- Program Service Revenue: $73,749
- Gross Receipts: $74,088
Assets and Liabilities:
- Total Assets: $428,832
- Total Liabilities: $0
- Net Assets: $428,832
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Organization Details
Phone
(650) 616-7023Principal Officer
Matrix Trust Company
Main Address
567 EL CAMINO REAL, SAN BRUNO, CA, 94066
NTEE Category
Code: Y43 - Mutual benefit
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