Security Benefit Hra Indiana Veba Trust

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

EIN: 276955554 ✦ Topeka, KS ✦ Designated as a 501(c)(9)

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Overview

What is Security Benefit Hra Indiana Veba Trust?

Security Benefit Hra Indiana Veba Trust is a charitable organization based in Topeka, Kansas, with the address ONE SECURITY BENEFIT PLACE. Their primary mission involves administering benefits to members of Health Reimbursement Accounts (HRAs). This nonprofit aims to provide essential support by distributing health-related advantages to its members. The organization's activities are focused on enhancing the lives of those who are enrolled in HRAs.

What are the reviews and ratings of this charity?

Security Benefit Hra Indiana Veba Trust is not currently rated by Charity Navigator. The absence of a rating does not indicate any positive or negative assessment. Charity Navigator's ratings require either an Accountability & Finance beacon or an Impact & Measurement beacon, which this organization lacks because it is not registered as a 501(c)(3) nonprofit with the IRS.

Since Security Benefit Hra Indiana Veba Trust is not a 501(c)(3) nonprofit, it is not evaluated by the methodologies typically used by Charity Navigator, including Accountability & Finance, Impact & Measurement, Culture & Community, and Leadership & Adaptability. This does leave some uncertainty about the organization's operations and financial health.

There are no user reviews available from GreatNonprofits, so there is no additional community-based feedback to provide further insights into the organization's impact or reputation.


This AI summary has been generated from information found on Charity Navigator.

Is Security Benefit Hra Indiana Veba Trust legitimate?

Security Benefit Hra Indiana Veba Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Security Benefit Hra Indiana Veba 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 Security Benefit Hra Indiana Veba Trust?

The Security Benefit Hra Indiana Veba Trust is dedicated to delivering benefits to its Health Reimbursement Account (HRA) members. Its mission encompasses the provision of financial assistance from HRAs to help members cover various health-related expenses. The trust takes pride in improving the overall wellbeing of its members by providing them with essential benefits from their HRAs. Through this mission, it enables members to access necessary healthcare services and maintain better financial security for their healthcare needs. The trust's commitment to its members extends beyond just financial support by ensuring a seamless and efficient process for accessing these benefits.

Who is the CEO of Security Benefit Hra Indiana Veba Trust?

Umb Bank Na is the Principal Officer of Security Benefit Hra Indiana Veba Trust.

What is the revenue of Security Benefit Hra Indiana Veba Trust?

Security Benefit Hra Indiana Veba Trust's revenue in 2022 was $22,969,313.

Who are the executives of Security Benefit Hra Indiana Veba Trust and what are their salaries?


There is 1 key member and their salary:


Umb Bank Na (Institutional Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Security Benefit Hra Indiana Veba Trust?

Security Benefit Hra Indiana Veba Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Security Benefit Hra Indiana Veba Trust

Security Benefit Hra Indiana Veba Trust, a notable organization, is dedicated to delivering benefits to its members who hold Health Reimbursement Accounts. The mission of this trust is multifaceted, focusing on providing support and financial assistance to those enrolled in its program.

In essence, Security Benefit Hra Indiana Veba Trust acts as a bridge between its members and their healthcare expenses. By furnishing benefits from the Health Reimbursement Accounts, the trust enables individuals to manage their medical costs more effectively. This organization prides itself on its commitment to empowering its members to access necessary healthcare services and alleviate financial stress related to healthcare expenditures.

The activities of Security Benefit Hra Indiana Veba Trust revolve around facilitating the use of funds in members' Health Reimbursement Accounts. This means that the trust makes it easier for individuals to pay for eligible healthcare expenses, ensuring they receive the care they need without facing undue financial burden. The trust's mission is an essential one, as it allows people to maintain their overall wellbeing while managing the financial aspects of their healthcare needs.

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Impact




October, 2024

Security Benefit Hra Indiana Veba Trust significantly impacts its members by providing crucial benefits through health reimbursement accounts. These accounts offer a structured way for individuals to manage their healthcare expenses, allowing them to use pre-tax dollars for qualified medical costs. By facilitating access to these financial resources, the trust enables members to alleviate the burden of out-of-pocket healthcare expenses, ultimately promoting better health outcomes.

Moreover, the trust's focus on mutual benefit fosters a supportive community where members can share resources and information related to health benefits. This collaborative approach helps members navigate the complexities of healthcare financing, making it easier for them to utilize their benefits effectively.

Overall, the Security Benefit Hra Indiana Veba Trust enhances healthcare accessibility and affordability for its members, contributing to their financial stability and overall well-being.




This information is meant to be a general summary of Security Benefit Hra Indiana Veba 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
$22,969,313 (2022)
Expenses
$22,902,869 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $11,691,974
  • Program Service Revenue: $11,277,339
  • Gross Receipts: $22,969,313

Assets and Liabilities:

  • Total Assets: $257,036,692
  • Total Liabilities: $0
  • Net Assets: $257,036,692

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Programs

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

CONTRIBUTIONS TO HRA

Revenue

$11,277,339

Organization Details

Founding Year

2011

Principal Officer

Umb Bank Na

Main Address

ONE SECURITY BENEFIT PLACE, TOPEKA, KS, 66636

NTEE Category

Code: Y43 - Mutual benefit

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