Overview
What is The Arc Jefferson-St Lawrence Employees Health And Welfare Plan?
The Arc Jefferson-St Lawrence Employees Health and Welfare Plan is a nonprofit organization, specifically a voluntary employees' beneficiary association (VEBA), that was established to provide health benefits to its 235 participants during the year 2021. This association's mission is to fund the reimbursement of eligible medical expenses under a health reimbursement arrangement. Located in Watertown, New York, this nonprofit aims to support the health needs of its members, ensuring they have access to necessary medical expenses throughout their active and post-retirement periods.
Is The Arc Jefferson-St Lawrence Employees Health And Welfare Plan legitimate?
The Arc Jefferson-St Lawrence Employees Health And Welfare Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. The Arc Jefferson-St Lawrence Employees Health And Welfare Plan 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 The Arc Jefferson-St Lawrence Employees Health And Welfare Plan?
The Arc Jefferson-St Lawrence Employees Health And Welfare Plan operates as a Voluntary Employees' Beneficiary Association (VEBA), with its primary mission being to fund the reimbursement of eligible medical expenses under a Health Reimbursement Arrangement. This association was established to cater to the health benefits of 235 participants during the plan year 2021, providing financial assistance for their medical expenses. The plan's objective is to support the health and well-being of its members by offering funding for necessary medical expenses, thereby easing the financial burden associated with healthcare costs.
Who is the CEO of The Arc Jefferson-St Lawrence Employees Health And Welfare Plan?
Hand Benefit And Trust Co is the Principal Officer of The Arc Jefferson-St Lawrence Employees Health And Welfare Plan.
What is the revenue of The Arc Jefferson-St Lawrence Employees Health And Welfare Plan?
The Arc Jefferson-St Lawrence Employees Health And Welfare Plan's revenue in 2022 was $695.
Who are the executives of The Arc Jefferson-St Lawrence Employees Health And Welfare Plan 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 The Arc Jefferson-St Lawrence Employees Health And Welfare Plan?
The Arc Jefferson-St Lawrence Employees Health And Welfare Plan's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Arc Jefferson-St Lawrence Employees Health And Welfare Plan
The Arc Jefferson-St Lawrence Employees Health And Welfare Plan, as a Voluntary Employees' Beneficiary Association (VEBA), is dedicated to funding the reimbursement of eligible medical expenses under a health reimbursement arrangement. This organization aims to support 235 active and retired participants by offering financial assistance for their healthcare needs during the plan year 2021. The Arc Jefferson-St Lawrence Employees Health And Welfare Plan serves as a safety net for its members, providing them with the necessary financial resources to meet their medical expenses, thereby ensuring their overall health and well-being.
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Impact
October, 2024
The Arc Jefferson-St Lawrence Employees Health and Welfare Plan significantly impacts the financial well-being of its participants by providing a structured means to fund medical expenses through a health reimbursement arrangement. This voluntary employees' beneficiary association (VEBA) ensures that both active employees and those in retirement can access reimbursement for eligible medical costs, alleviating the financial burden associated with healthcare.
With a focus on supporting 235 participants, the plan enhances access to necessary medical services, thus contributing to the overall health and welfare of its members. By enabling individuals to manage their healthcare expenses more effectively, the plan promotes peace of mind and financial stability, which are essential for a secure and healthy life. Furthermore, this initiative fosters a sense of community and support among its participants, as they benefit from shared resources aimed at improving their health outcomes.
This information is meant to be a general summary of The Arc Jefferson-St Lawrence Employees Health And Welfare Plan. 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: $695
- Gross Receipts: $44,149
Assets and Liabilities:
- Total Assets: $178,347
- Total Liabilities: $0
- Net Assets: $178,347
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Organization Details
Founding Year
2020
Phone
(315) 788-2730Principal Officer
Hand Benefit And Trust Co
Main Address
380 Gaffney Drive PO Box 41, Watertown, NY, 13601
NTEE Category
Code: Y43 - Mutual benefit
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