San Diego County Regional Airport Authority Veba Health Savings Trust

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

EIN: 320342606 ✦ San diego, CA ✦ Designated as a 501(c)(9)

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Overview

What is San Diego County Regional Airport Authority Veba Health Savings Trust?

The San Diego County Regional Airport Authority Veba Health Savings Trust is a nonprofit organization situated in San Diego, California. Its primary mission is to finance the reimbursement of medical expenses under a Health Reimbursement Arrangement. This organization served approximately 70 participants who utilized medical care, totaling around $68,053. The Trust's goal is to support individuals in managing their healthcare expenses within this framework.

Is San Diego County Regional Airport Authority Veba Health Savings Trust legitimate?

San Diego County Regional Airport Authority Veba Health Savings Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. San Diego County Regional Airport Authority 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

For more financial information, click here

What is the mission statement of San Diego County Regional Airport Authority Veba Health Savings Trust?

The San Diego County Regional Airport Authority Veba Health Savings Trust's primary objective is to facilitate the reimbursement of medical expenses for its participants, under a Health Reimbursement Arrangement. This organization aims to provide financial support for its approximately 70 participants who incur medical expenses, as evidenced by the $68,053 worth of medical care they received. The Health Reimbursement Arrangement serves as a means for the Trust to manage and cover eligible medical expenses for its participants. The Trust does not have a mission statement in the conventional sense, rather, its purpose is explicitly outlined in its activities and operations.

Who is the CEO of San Diego County Regional Airport Authority Veba Health Savings Trust?

Matrix Trust Company is the Trustee of San Diego County Regional Airport Authority Veba Health Savings Trust.

What is the revenue of San Diego County Regional Airport Authority Veba Health Savings Trust?

San Diego County Regional Airport Authority Veba Health Savings Trust's revenue in 2022 was $252,984.

Who are the executives of San Diego County Regional Airport Authority Veba Health Savings Trust and what are their salaries?


There is 1 key member and their salary:


Matrix Trust Company (Trustee)
  • Compensation: $250
  • Related: $0
  • Other: $0
Where can I find the form 990 for San Diego County Regional Airport Authority Veba Health Savings Trust?

San Diego County Regional Airport Authority Veba Health Savings Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of San Diego County Regional Airport Authority Veba Health Savings Trust

San Diego County Regional Airport Authority Veba Health Savings Trust is an organization dedicated to funding the reimbursement of medical expenses under a Health Reimbursement Arrangement. Its primary mission is to provide financial support to its approximately 70 participants who incur medical expenses. This trust serves as a safety net, ensuring that these individuals can access necessary medical care without undue financial burden. The trust's activities are centered around managing and disbursing funds to cover eligible medical expenses, thereby contributing to the overall health and well-being of its participants.

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Impact




October, 2024

San Diego County Regional Airport Authority Veba Health Savings Trust plays a crucial role in funding the reimbursement of medical expenses for its participants through a Health Reimbursement Arrangement (HRA). With approximately 70 participants, the trust supported medical care reimbursement totaling $68,053, thereby alleviating financial burdens related to healthcare costs. This initiative enhances the overall well-being of individuals by providing essential financial support for medical expenses, ensuring better access to healthcare services among its participants. By facilitating such reimbursements, the trust significantly contributes to the health and financial security of its members in the San Diego area.




This information is meant to be a general summary of San Diego County Regional Airport Authority 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.

Revenue
$252,984 (2022)
Expenses
$86,631 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $25,631
  • Program Service Revenue: $227,353
  • Gross Receipts: $252,984

Assets and Liabilities:

  • Total Assets: $1,710,586
  • Total Liabilities: $0
  • Net Assets: $1,710,586

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Programs

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

EMPLOYER CONTRIBUTION

Revenue

$227,353

Organization Details

Founding Year

2010

Principal Officer

Matrix Trust Company

Main Address

3225 NORTH HARBOR DRIVE, SAN DIEGO, CA, 92101

NTEE Category

Code: Y44 - Mutual benefit

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