Duneland School Corporation Health Savings Trust

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

EIN: 364585608 ✦ Chesterton, IN ✦ Designated as a 501(c)(9)

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Overview

What is Duneland School Corporation Health Savings Trust?

The Duneland School Corporation Health Savings Trust is a nonprofit organization located in Chesterton, Indiana. Its primary mission is to fund medical expenses for its participating members through a Health Reimbursement Arrangement. As per the provided data, the trust had approximately 23 members who received medical care amounting to $122,815. This organization operates within the educational sector, specifically associated with the Duneland School Corporation.

Is Duneland School Corporation Health Savings Trust legitimate?

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

The Duneland School Corporation Health Savings Trust is established with the mission to fund the reimbursement of medical expenses under a Health Reimbursement Arrangement. This organization provides financial support to its approximately 23 participants, enabling them to cover their medical expenses, totaling $122,815, incurred during the relevant period. The Health Reimbursement Arrangement serves as a means for the Trust to assist its members in managing their medical bills, thereby easing their financial burden during healthcare episodes.

Who is the CEO of Duneland School Corporation Health Savings Trust?

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

What is the revenue of Duneland School Corporation Health Savings Trust?

Duneland School Corporation Health Savings Trust's revenue in 2023 was $198,470.

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


There is 1 key member and their salary:


Charles Schwab Bank (Trustee)
  • Compensation: $2,293
  • Related: $0
  • Other: $0
Where can I find the form 990 for Duneland School Corporation Health Savings Trust?

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

Mission Statement of Duneland School Corporation Health Savings Trust

Duneland School Corporation Health Savings Trust is an organization dedicated to funding medical expense reimbursements under a Health Reimbursement Arrangement. Its primary mission is to support the financial needs of its approximately 23 participants who seek medical care. Through this arrangement, the trust helps alleviate the financial burden associated with medical expenses, ensuring that its members can access necessary healthcare services.

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Impact




October, 2024

Duneland 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). By facilitating access to necessary medical care, the Trust has made a significant impact on the lives of approximately 23 participants, who collectively received care valued at $122,815. This support not only alleviates financial burdens related to healthcare but also promotes overall health and wellness within the community in Chesterton, Indiana. The Trust’s mission focuses on ensuring that individuals can receive the care they need without the stress of high out-of-pocket costs, thus fostering a healthier environment for all involved.




This information is meant to be a general summary of Duneland 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
$198,470 (2023)
Expenses
$143,953 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $63,233
  • Program Service Revenue: $135,237
  • Gross Receipts: $331,474

Assets and Liabilities:

  • Total Assets: $2,073,266
  • Total Liabilities: $0
  • Net Assets: $2,073,266

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Programs

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

EMPLOYER CONTRIBUTION

Revenue

$135,237

Organization Details

Founding Year

2006

Principal Officer

Charles Schwab Bank

Main Address

601 W MORGAN AVE, CHESTERTON, IN, 463040908

NTEE Category

Code: Y43 - Mutual benefit

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