Shenandoah School Corporation Veba Trust

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

EIN: 461376774 ✦ Middletown, IN ✦ Designated as a 501(c)(9)

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Overview

What is Shenandoah School Corporation Veba Trust?

Shenandoah School Corporation Veba Trust is a nonprofit association based in Middletown, Indiana, specifically at 5100 North Raider Road. The organization's primary mission is to serve as a Voluntary Employees Beneficiary Association, established solely for the purpose of funding retirement health care benefits for eligible participants. The trust's activities are focused on managing and allocating resources for this specific purpose. The total revenue generated for the trust comes from program-related contributions made by the organization for the benefit of its participants. In essence, Shenandoah School Corporation Veba Trust is dedicated to securing retirement health care benefits for its members.

Is Shenandoah School Corporation Veba Trust legitimate?

Shenandoah School Corporation Veba Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Shenandoah School Corporation 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

For more financial information, click here

What is the mission statement of Shenandoah School Corporation Veba Trust?

The Shenandoah School Corporation Veba Trust was established with a sole purpose: to fund retiree health care benefits for eligible participants in the voluntary employees' benefits association. The mission of this trust is to provide these retirement benefits, ensuring the well-being of those who have contributed to the organization. The trust's activities are primarily focused on contributing to the Veba Trust, which is utilized to fund the health care benefits for these eligible participants. The organization's expenses primarily involve the payment of these health care benefits, while its revenue comes from the contributions made to the trust for this specific purpose.

Who is the CEO of Shenandoah School Corporation Veba Trust?

Ronald Green Superintendent is the Superintendent of Shenandoah School Corporation Veba Trust.

What is the revenue of Shenandoah School Corporation Veba Trust?

Shenandoah School Corporation Veba Trust's revenue in 2022 was $142,304.

Who are the executives of Shenandoah School Corporation Veba Trust and what are their salaries?


Here are 2 key members and their salaries:


Dr Kyle Barrentine (Superintendent)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lanna Colwell (Deputy Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Shenandoah School Corporation Veba Trust?

Shenandoah School Corporation Veba Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Shenandoah School Corporation Veba Trust

The Shenandoah School Corporation Veba Trust, established as a Voluntary Employees Beneficiary Association, was formed with a singular objective. This objective was to fund retirement health care benefits for eligible participants within the organization's plan. The trust serves as a vital resource, providing these benefits to individuals who meet the specified criteria. The organization's activities are primarily centered around allocating resources to cover health care expenses for its eligible participants. The total revenue generated by the Shenandoah School Corporation Veba Trust is utilized to contribute towards funding these retirement health care benefits, thereby ensuring the well-being of its participants in their post-employment years.

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Impact




October, 2024

Shenandoah School Corporation Veba Trust plays a critical role in supporting the health and well-being of retired employees by providing funding for their health care benefits. This trust ensures that eligible retirees receive essential health care coverage, which is vital for their quality of life and financial stability post-retirement. By managing contributions specifically allocated for retiree health care, the trust helps to alleviate the financial burden of medical expenses for its participants.

The impact of the trust extends beyond individual beneficiaries; it fosters a sense of security and community among retired employees, knowing that their health care needs will be met. The trust also reflects the commitment of the Shenandoah School Corporation to support its workforce even after their active service, contributing to a positive organizational culture. Overall, Shenandoah School Corporation Veba Trust is an essential resource for retirees, enhancing their access to necessary health services and promoting their overall well-being.




This information is meant to be a general summary of Shenandoah 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.

Revenue
$142,304 (2022)
Expenses
$1,056,767 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $142,304
  • Gross Receipts: $142,304

Assets and Liabilities:

  • Total Assets: $2,051,453
  • Total Liabilities: $0
  • Net Assets: $2,051,453

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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

$142,304

Organization Details

Founding Year

2011

Principal Officer

Ronald Green Superintendent

Main Address

5100 NORTH RAIDER ROAD, MIDDLETOWN, IN, 47356

NTEE Category

Code: Y43 - Mutual benefit

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