Mt Pleasant Community School District Veba Trust

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

EIN: 464053729 ✦ Mount pleasant, IA ✦ Designated as a 501(c)(9)

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Overview

What is Mt Pleasant Community School District Veba Trust?

The Mt Pleasant Community School District Veba Trust is a nonprofit organization established with the objective of offering voluntary employee beneficiary association benefits and funding retiree healthcare services to eligible participants. This organization's primary expenditure involves the payment of healthcare benefits to these participants, while its revenue is derived from program-related contributions made to the trust for the same purpose. The Mt Pleasant Community School District Veba Trust plays a crucial role in securing healthcare benefits for its eligible participants, thereby supporting their well-being in retirement.


Official website here: www.mt-pleasant.k12.ia.us

Is Mt Pleasant Community School District Veba Trust legitimate?

Mt Pleasant Community School District Veba Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Mt Pleasant Community School District 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.mt-pleasant.k12.ia.us

What is the mission statement of Mt Pleasant Community School District Veba Trust?

The Mt Pleasant Community School District Veba Trust was established with the mission to offer voluntary employee beneficiary association benefits and fund retiree healthcare for eligible participants. Its primary activity revolves around paying healthcare benefits to these individuals. The organization's revenue is derived from program-related contributions made towards the VEBA trust, which are intended for the same purpose. In essence, the Mt Pleasant Community School District Veba Trust exists to support the healthcare needs of eligible retirees, financed through contributions from the employees and the organization.


Official website here: www.mt-pleasant.k12.ia.us

Who is the CEO of Mt Pleasant Community School District Veba Trust?

Unavailable


Official website here: www.mt-pleasant.k12.ia.us

What is the revenue of Mt Pleasant Community School District Veba Trust?

Mt Pleasant Community School District Veba Trust's revenue in 2022 was $0.


Official website here: www.mt-pleasant.k12.ia.us

Who are the executives of Mt Pleasant Community School District Veba Trust and what are their salaries?


There is 1 key member and their salary:


Ed Chabal (Director Of Finance)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mt-pleasant.k12.ia.us

Where can I find the form 990EZ for Mt Pleasant Community School District Veba Trust?

Mt Pleasant Community School District Veba Trust's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.mt-pleasant.k12.ia.us

Learn more at the official website: www.mt-pleasant.k12.ia.us

Mission Statement of Mt Pleasant Community School District Veba Trust

The Mt Pleasant Community School District Veba Trust was established with a mission to provide voluntary employee beneficiary association benefits and fund retiree health care for eligible participants. This organization's primary objective is to cover the health care expenses of these qualified individuals, with its total expenditure being directly tied to these benefits. The revenue for the Mt Pleasant Community School District Veba Trust is generated through program-related contributions made specifically for this purpose.

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Impact




October, 2024

The Mt Pleasant Community School District Veba Trust plays a critical role in supporting the health care needs of retired employees within the Mt Pleasant Community School District. By providing a structure that enables the funding of retiree health care benefits, the Trust ensures that eligible participants have access to essential medical and health services during their retirement years.

The financial mechanism behind the Trust involves contributions made specifically for the purpose of covering these health care expenses. This not only alleviates the financial burden on retired employees but also promotes a sense of security and well-being among current staff as they plan for their future.

Additionally, the Trust strengthens the community by fostering a supportive environment for retirees, which can enhance recruitment and retention efforts for the school district. The visibility and reliability of the benefits provided can be a determining factor for prospective and current employees looking for long-term employment stability. Overall, the unique mission of the Mt Pleasant Community School District Veba Trust has a significant and positive impact on the well-being of its participants and the broader community.




This information is meant to be a general summary of Mt Pleasant Community School District 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
$0 (2022)
Expenses
$0 (2022)
Efficiency

Other financial information:

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

    Assets and Liabilities:

    • Total Assets: $13
    • Total Liabilities: $0
    • Net Assets: $13

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    Organization Details

    Main Address

    400 E MADISON, MOUNT PLEASANT, IA, 52641

    NTEE Category

    Code: Y43 - Mutual benefit

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