White River Valley School District Veba Health Savings Trust

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

EIN: 454669144 ✦ Switz city, IN ✦ Designated as a 501(c)(9)

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Overview

What is White River Valley School District Veba Health Savings Trust?

The White River Valley School District Veba Health Savings Trust is a nonprofit entity situated in Switz City, Indiana. Its primary purpose is to manage a Health Reimbursement Arrangement (HRA) for approximately 29 participants. This arrangement aims to fund the reimbursement of their medical expenses. By doing so, the Trust helps participants manage their healthcare costs effectively. The Trust operates within the boundaries of the White River Valley School District, providing support to its members in managing their medical expenses.

Is White River Valley School District Veba Health Savings Trust legitimate?

White River Valley School District Veba Health Savings Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. White River Valley School District 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 White River Valley School District Veba Health Savings Trust?

The White River Valley School District Veba Health Savings Trust's primary function is to fund the reimbursement of medical expenses under a Health Reimbursement Arrangement. This organization serves approximately 29 participants, providing financial assistance for their medical care expenses, totaling $98,779. The mission of the trust is to support its participants in managing their healthcare costs by covering eligible medical expenses, thereby alleviating some financial burden. The trust serves as a financial safety net, ensuring that participants can access necessary medical care without incurring undue financial strain.

Who is the CEO of White River Valley School District Veba Health Savings Trust?

Principal Trust Company is the Trustee of White River Valley School District Veba Health Savings Trust.

What is the revenue of White River Valley School District Veba Health Savings Trust?

White River Valley School District Veba Health Savings Trust's revenue in 2023 was $129,180.

Who are the executives of White River Valley School District Veba Health Savings Trust and what are their salaries?


There is 1 key member and their salary:


Principal Trust Company (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for White River Valley School District Veba Health Savings Trust?

White River Valley School District Veba Health Savings Trust's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of White River Valley School District Veba Health Savings Trust

The White River Valley School District Veba Health Savings Trust is an organization dedicated to funding the reimbursement of medical expenses under a Health Reimbursement Arrangement. This means that the trust provides financial assistance to its approximately 29 participants to cover their medical expenses, as detailed in the data provided. The trust serves as a financial safety net for individuals needing medical care, helping to alleviate some of the financial burden associated with healthcare costs.

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Impact




October, 2024

The White River Valley School District Veba Health Savings Trust plays a significant role in providing financial support for medical expenses. By establishing a Health Reimbursement Arrangement (HRA), it facilitates the reimbursement process for its participants, ensuring that individuals have access to necessary healthcare services without a heavy financial burden.

With approximately 29 participants benefitting from the program, the trust allocated a total of $98,779 for medical care. This investment directly impacts the well-being of the participants, helping them manage healthcare costs effectively. By defraying medical expenses, the trust enhances access to necessary treatments and promotes overall health within the community. Through its mission to reimburse medical costs, the trust fosters a supportive environment that underscores the importance of health and wellness.




This information is meant to be a general summary of White River Valley School District 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
$129,180 (2023)
Expenses
$105,168 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $129,180
  • Gross Receipts: $421,855

Assets and Liabilities:

  • Total Assets: $1,715,808
  • Total Liabilities: $0
  • Net Assets: $1,715,808

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Organization Details

Founding Year

2011

Principal Officer

Principal Trust Company

Main Address

PO BOX 1470, SWITZ CITY, IN, 47465

NTEE Category

Code: Y43 - Mutual benefit

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