Overview
What is Shelby Eastern Schools Veba Trust?
The Shelby Eastern Schools Veba Trust is a nonprofit organization, specifically a Voluntary Employees Beneficiary Association, established in Shelbyville, Indiana. Its primary mission is to fund retirement health care benefits for eligible participants. The trust's operations primarily involve managing program-related contributions, which are utilized to finance these health care benefits for retired individuals who are part of the plan. The trust operates based on the sole purpose of providing financial support for retirees' health care needs.
Is Shelby Eastern Schools Veba Trust legitimate?
Shelby Eastern Schools Veba Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Shelby Eastern Schools Veba 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
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What is the mission statement of Shelby Eastern Schools Veba Trust?
The Shelby Eastern Schools Veba Trust was established with a sole purpose: to fund retiree health care benefits for eligible participants. This Voluntary Employees Beneficiary Association was formed to cater to this specific need. The trust's primary activity is to provide health care benefits to its eligible participants, with its expenses primarily covering these benefits. The organization's revenue comes from its program-related contributions to the Veba Trust, which is utilized for funding the retiree health care benefits.
Who is the CEO of Shelby Eastern Schools Veba Trust?
Todd Hitchcock is the Superintendent of Shelby Eastern Schools Veba Trust.
What is the revenue of Shelby Eastern Schools Veba Trust?
Shelby Eastern Schools Veba Trust's revenue in 2022 was $19,768.
Who are the executives of Shelby Eastern Schools Veba Trust and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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Where can I find the form 990 for Shelby Eastern Schools Veba Trust?
Shelby Eastern Schools Veba Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Shelby Eastern Schools Veba Trust
Shelby Eastern Schools Veba Trust, a Voluntary Employees Beneficiary Association, was established with a singular purpose: to fund retiree health care benefits for eligible plan participants. This nonprofit organization was formed with the intent of providing financial support for the medical needs of its beneficiaries in their retirement years. The primary activity of the trust is the distribution of health care benefits to those who meet the eligibility criteria, making substantial contributions towards the well-being of its participants in their post-employment phase.
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Impact
October, 2024
Shelby Eastern Schools VEBA Trust plays a crucial role in supporting the health care needs of retirees. By providing funding for health care benefits, the Trust ensures that eligible participants can access necessary medical services and maintain their well-being after retirement. The Trust operates through contributions specifically designated for this purpose, allowing participants to receive financial assistance for health-related expenses.
The impact can be seen in the enhanced quality of life for retirees and their families, fostering a sense of security regarding health care. This support alleviates financial burdens associated with medical costs, enabling participants to focus on their health without the stress of escalating expenses. As such, the VEBA Trust acts as a vital safety net for former employees, reinforcing their well-being in their post-employment years.
This information is meant to be a general summary of Shelby Eastern Schools 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.
- Program Service Revenue: $19,768
- Gross Receipts: $19,768
Assets and Liabilities:
- Total Assets: $810,802
- Total Liabilities: $0
- Net Assets: $810,802
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
501(c)(9) Health Care Ben
Revenue
$19,768
Organization Details
Founding Year
2011
Phone
(765) 544-2246Principal Officer
Todd Hitchcock
Main Address
2451 N 600 E, SHELBYVILLE, IN, 46176
NTEE Category
Code: Y43 - Mutual benefit
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