Overview
What is Nettle Creek School Corporation Veba Trust?
The Nettle Creek School Corporation Veba Trust is a nonprofit organization established with a specific mission. Its primary function is to fund retiree health care benefits for eligible participants. This is achieved through the organization's program-related contributions to the Trust. The Trust, acting as a Voluntary Employees Beneficiary Association (VEBA), is solely dedicated to providing healthcare benefits to its eligible members in retirement. The Trust's total expenses are primarily directed towards these healthcare benefits, while its total revenue is derived from the contributions made by the organization for this purpose.
Official website here: www.nettlecreekschools.com
Is Nettle Creek School Corporation Veba Trust legitimate?
Nettle Creek School Corporation Veba Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Nettle Creek School Corporation Veba Trust submitted a form 990EZ, 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.
Official website here: www.nettlecreekschools.com
What is the mission statement of Nettle Creek School Corporation Veba Trust?
The Nettle Creek School Corporation Veba Trust is established with the primary objective of funding retiree health care benefits for eligible participants. The organization accomplishes this by making program-related contributions to the Trust. The Trust, serving as a Voluntary Employees' Beneficiary Association (VEBA), is solely dedicated to this purpose. The total expenditure is directed towards providing health care benefits to the eligible participants. The Trust's revenue is sourced from these contributions.
Official website here: www.nettlecreekschools.com
Who is the CEO of Nettle Creek School Corporation Veba Trust?
Unavailable
Official website here: www.nettlecreekschools.com
What is the revenue of Nettle Creek School Corporation Veba Trust?
Nettle Creek School Corporation Veba Trust's revenue in 2022 was $178.
Official website here: www.nettlecreekschools.com
Who are the executives of Nettle Creek School Corporation Veba Trust and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.nettlecreekschools.com
Where can I find the form 990EZ for Nettle Creek School Corporation Veba Trust?
Nettle Creek School Corporation Veba Trust's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.nettlecreekschools.com
Learn more at the official website: www.nettlecreekschools.com
Mission Statement of Nettle Creek School Corporation Veba Trust
The Nettle Creek School Corporation Veba Trust is an organization established primarily to fund retiree health care benefits for eligible participants. Its mission is centered around making program-related contributions towards this purpose. The Trust, which operates as a Voluntary Employees' Beneficiary Association (VEBA), was established with the sole intention of providing retiree health care benefits to its eligible participants. The Trust's activities are primarily focused on the payment of these health care benefits, serving as a financial safety net for its participants in their retirement years.
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Impact
October, 2024
Nettle Creek School Corporation VEBA Trust plays a significant role in providing healthcare benefits to eligible retirees. By pooling contributions from participating employees, the Trust ensures that former employees have access to necessary health care services, particularly during their retirement years. This funding mechanism alleviates the financial burden on retirees by covering a substantial portion of their health care costs.
The Trust's operations underscore the importance of a structured support system for retiree health care, fostering financial security for participants. Its focus on voluntary employee contributions ensures that those who have served in the education sector in Hagerstown, Indiana, continue to receive essential benefits, enhancing their quality of life post-employment. Ultimately, the Trust exemplifies a proactive approach to retiree well-being, securing health care access for its members through thoughtful planning and dedicated resources.
This information is meant to be a general summary of Nettle Creek School Corporation Veba 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 2022.
- Investment Income: $178
- Gross Receipts: $178
Assets and Liabilities:
- Total Assets: $10,027
- Total Liabilities: $0
- Net Assets: $10,027
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Organization Details
Phone
(765) 489-4543Main Address
297 EAST NORTH MARKET ST, HAGERSTOWN, IN, 47346
Website
www.nettlecreekschools.comNTEE Category
Code: Y43 - Mutual benefit
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