Plymouth Community School Corporation Health Savings Trust

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

EIN: 352266990 ✦ Plymouth, IN ✦ Designated as a 501(c)(9)

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Overview

What is Plymouth Community School Corporation Health Savings Trust?

Plymouth Community School Corporation Health Savings Trust is a nonprofit entity based in Plymouth, Indiana, specifically at 611 Berkley Street. Its primary purpose is to manage a Health Reimbursement Arrangement, a program designed to subsidize the medical expenses of its approximately 25 participating members. The trust facilitated the reimbursement of medical costs totaling $32,237 during the observed period.

Is Plymouth Community School Corporation Health Savings Trust legitimate?

Plymouth Community School Corporation Health Savings Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Plymouth Community School Corporation 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 Plymouth Community School Corporation Health Savings Trust?

The Plymouth Community School Corporation Health Savings Trust is dedicated to funding medical expense reimbursements under a Health Reimbursement Arrangement. This organization supports its participants by covering their medical costs as part of this arrangement. The Health Reimbursement Arrangement, managed by the trust, had approximately 25 participants who utilized medical services amounting to $32,237. In essence, the trust serves to alleviate financial burdens associated with medical care for its participants.

Who is the CEO of Plymouth Community School Corporation Health Savings Trust?

Charles Schwab Bank is the Principal Officer of Plymouth Community School Corporation Health Savings Trust.

What is the revenue of Plymouth Community School Corporation Health Savings Trust?

Plymouth Community School Corporation Health Savings Trust's revenue in 2023 was $89,000.

Who are the executives of Plymouth Community School Corporation Health Savings Trust and what are their salaries?


There is 1 key member and their salary:


Charles Schwab Bank (Trustee)
  • Compensation: $1,735
  • Related: $0
  • Other: $0
Where can I find the form 990 for Plymouth Community School Corporation Health Savings Trust?

Plymouth Community School Corporation Health Savings Trust's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Plymouth Community School Corporation Health Savings Trust

Plymouth Community School Corporation Health Savings Trust is an organization dedicated to funding medical expenses under a Health Reimbursement Arrangement. This means that the trust provides financial assistance to its participants to cover their medical costs, serving as a safety net for individuals in need of medical care. The trust had around 25 participants who utilized its services, with a total medical expense reimbursement amounting to $32,237. The mission of Plymouth Community School Corporation Health Savings Trust is to support individuals by covering their medical expenses, thereby alleviating some of the financial burden associated with healthcare. This organization plays a crucial role in ensuring that individuals have access to necessary medical care, thereby improving their overall health and well-being.

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Impact




October, 2024

Plymouth Community School Corporation Health Savings Trust plays a crucial role in supporting the health and well-being of its participants by funding the reimbursement of medical expenses through a Health Reimbursement Arrangement (HRA). With approximately 25 participants benefiting from this arrangement, the Trust facilitated medical care reimbursement totaling $32,237. This financial assistance helps alleviate the burden of healthcare costs for individuals, ensuring they receive necessary medical care without overwhelming financial strain. By promoting access to health services, the Trust contributes to the overall health of the community in Plymouth, Indiana, enhancing the quality of life for its members.




This information is meant to be a general summary of Plymouth Community School Corporation 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
$89,000 (2023)
Expenses
$45,946 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $41,639
  • Program Service Revenue: $47,361
  • Gross Receipts: $138,027

Assets and Liabilities:

  • Total Assets: $1,074,793
  • Total Liabilities: $0
  • Net Assets: $1,074,793

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Programs

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

EMPLOYER CONTRIBUTION

Revenue

$47,361

Organization Details

Founding Year

2005

Principal Officer

Charles Schwab Bank

Main Address

611 BERKLEY ST, PLYMOUTH, IN, 465632289

NTEE Category

Code: Y44 - Mutual benefit

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