Veba Retiree Msa Plan For Ma Nurses Assoc

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

EIN: 384019461 ✦ Canton, MA ✦ Designated as a 501(c)(9)

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Overview

What is Veba Retiree Msa Plan For Ma Nurses Assoc?

Veba Retiree MSA Plan for MA Nurses Assoc is a nonprofit organization, specifically a Health Reimbursement Arrangement, situated in Canton, Massachusetts. The organization collects voluntary after-tax contributions from its members, which it then invests. Its primary objective is to reimburse its approximately 57 participants for medical expenses that are not otherwise covered. The plan operates as a means for members to manage their healthcare costs more effectively, providing a financial safety net for eligible medical expenses.


Official website here: www.thevisitingnurses.com

Is Veba Retiree Msa Plan For Ma Nurses Assoc legitimate?

Veba Retiree Msa Plan For Ma Nurses Assoc is a legitimate nonprofit organization registered as a 501(c)(9) entity. Veba Retiree Msa Plan For Ma Nurses Assoc 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


Official website here: www.thevisitingnurses.com

What is the mission statement of Veba Retiree Msa Plan For Ma Nurses Assoc?

The Veba Retiree MSA Plan for MA Nurses Assoc primarily focuses on receiving voluntary after-tax contributions from its members and investing these funds. Its main objective is to reimburse its approximately 57 participants for any medical expenses that are not otherwise covered. This organization operates as a Health Reimbursement Arrangement, providing financial assistance to its members for eligible medical expenses.


Official website here: www.thevisitingnurses.com

Who is the CEO of Veba Retiree Msa Plan For Ma Nurses Assoc?

Bpas is the Principal Officer of Veba Retiree Msa Plan For Ma Nurses Assoc.


Official website here: www.thevisitingnurses.com

What is the revenue of Veba Retiree Msa Plan For Ma Nurses Assoc?

Veba Retiree Msa Plan For Ma Nurses Assoc's revenue in 2022 was $140,566.


Official website here: www.thevisitingnurses.com

Who are the executives of Veba Retiree Msa Plan For Ma Nurses Assoc and what are their salaries?


There is 1 key member and their salary:


Hand Benefit Trust Co (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.thevisitingnurses.com

Where can I find the form 990 for Veba Retiree Msa Plan For Ma Nurses Assoc?

Veba Retiree Msa Plan For Ma Nurses Assoc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.thevisitingnurses.com

Learn more at the official website: www.thevisitingnurses.com

Mission Statement of Veba Retiree Msa Plan For Ma Nurses Assoc

Veba Retiree MSA Plan for MA Nurses Assoc is an organization with a specific mission. Its primary purpose is to collect voluntary after-tax contributions from its members and invest these funds. The main objective of this investment is to reimburse members for medical expenses that are otherwise not covered. This organization serves around 57 participants, providing them with financial assistance for eligible medical costs, amounting to $29,313. In simpler terms, Veba Retiree MSA Plan for MA Nurses Assoc acts as a Health Reimbursement Arrangement, supporting its members by covering their uncovered medical expenses.

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Impact




October, 2024

The Veba Retiree Msa Plan for MA Nurses Association plays a critical role in supporting its participants by offering a structured approach to managing healthcare costs. This plan allows members to make voluntary after-tax contributions, which are then invested. The primary purpose is to reimburse members for eligible, otherwise unreimbursed medical expenses.

With approximately 57 participants actively engaging with the plan, it has facilitated reimbursements totaling $29,313, significantly alleviating the financial burden of medical costs for its members. This structured arrangement not only promotes financial security for retired nurses but also enhances their overall wellbeing by ensuring they have the resources to cover necessary healthcare expenses. Such a model fosters a sense of community and mutual support, reinforcing the importance of collective contributions in managing healthcare finances effectively.




This information is meant to be a general summary of Veba Retiree Msa Plan For Ma Nurses Assoc. 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
$140,566 (2022)
Expenses
$32,397 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $27,786
  • Program Service Revenue: $112,780
  • Gross Receipts: $334,134

Assets and Liabilities:

  • Total Assets: $998,534
  • Total Liabilities: $0
  • Net Assets: $998,534

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$112,780

Organization Details

Founding Year

2015

Principal Officer

Bpas

Main Address

340 Turnpike Street, Canton, MA, 020212700

NTEE Category

Code: Y43 - Mutual benefit

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