Overview
What is Northeast School Corporation Veba Health Savings Trust?
Northeast School Corporation Veba Health Savings Trust is a nonprofit organization located in Hymera, Indiana. Its primary mission is to manage a Health Reimbursement Arrangement (HRA), which provides funds for the reimbursement of medical expenses. As per the information, the trust had around 49 participants who utilized medical services amounting to $77,251. This organization operates within the educational sector, specifically associated with the Northeast School Corporation, to support the healthcare needs of its members.
Is Northeast School Corporation Veba Health Savings Trust legitimate?
Northeast School Corporation Veba Health Savings Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Northeast School Corporation 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 Northeast School Corporation Veba Health Savings Trust?
The Northeast School Corporation Veba Health Savings Trust's primary objective is to facilitate the reimbursement of medical expenses under a Health Reimbursement Arrangement. This organization serves approximately 49 participants, providing financial assistance for their medical care, totaling approximately $77,251. The Health Reimbursement Arrangement is a mechanism through which the trust covers eligible medical expenses for its participants. The trust's mission is solely focused on this reimbursement process, aiming to alleviate some of the financial burden associated with medical care.
Who is the CEO of Northeast School Corporation Veba Health Savings Trust?
Principal Trust Company is the Trustee of Northeast School Corporation Veba Health Savings Trust.
What is the revenue of Northeast School Corporation Veba Health Savings Trust?
Northeast School Corporation Veba Health Savings Trust's revenue in 2023 was $116,630.
Who are the executives of Northeast School Corporation Veba Health Savings Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $2,193
- Related: $0
- Other: $0
Where can I find the form 990 for Northeast School Corporation Veba Health Savings Trust?
Northeast School Corporation Veba Health Savings Trust's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Northeast School Corporation Veba Health Savings Trust
The Northeast School Corporation Veba Health Savings Trust is dedicated to funding medical expenses under a Health Reimbursement Arrangement. This organization serves to reimburse eligible participants for their medical costs. With approximately 49 participants who availed of medical care, the trust disbursed a total amount of $77,251. The primary role of the Northeast School Corporation Veba Health Savings Trust is to provide financial assistance for medical expenses, ensuring that its participants have access to necessary healthcare services.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Northeast School Corporation Veba Health Savings Trust plays a vital role in facilitating access to healthcare for its participants by providing funding for medical expenses through a health reimbursement arrangement (HRA). With approximately 49 participants benefiting from this initiative, the trust has disbursed around $77,251 for medical care. This support not only helps alleviate the financial burden of healthcare costs on individuals but also promotes overall health and wellness within the community of Hymera, Indiana. By ensuring that participants have necessary reimbursements for their medical expenses, the trust contributes to improved health outcomes and greater financial stability for those involved, fostering a sense of mutual benefit within the group.
This information is meant to be a general summary of Northeast School Corporation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $116,630
- Gross Receipts: $236,201
Assets and Liabilities:
- Total Assets: $2,039,344
- Total Liabilities: $0
- Net Assets: $2,039,344
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2011
Phone
(812) 383-5761Principal Officer
Principal Trust Company
Main Address
PO BOX 493, HYMERA, IN, 47855
NTEE Category
Code: Y43 - Mutual benefit
If you are a representative of Northeast School Corporation Veba Health Savings Trust and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.