North Mahaska Community School District Veba Trust

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

EIN: 464068859 ✦ New sharon, IA ✦ Designated as a 501(c)(9)

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Overview

What is North Mahaska Community School District Veba Trust?

The North Mahaska Community School District Veba Trust is a nonprofit organization established primarily to support retiree health care benefits for eligible participants. Its operations primarily involve expenditures on health care benefits for these individuals. The trust receives program-related contributions from the organization for this purpose. In essence, it serves as a Voluntary Employees' Beneficiary Association, established to ensure the funding of retiree health care benefits for its participants.


Official website here: www.n-mahaska.k12.ia.us

Is North Mahaska Community School District Veba Trust legitimate?

North Mahaska Community School District Veba Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. North Mahaska 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.n-mahaska.k12.ia.us

What is the mission statement of North Mahaska Community School District Veba Trust?

The North Mahaska Community School District Veba Trust's primary mission is focused on providing healthcare benefits to eligible participants. The organization achieves this through its Veba Trust, which is funded by its program-related contributions. The main purpose of the Trust is to ensure the availability of retiree health care benefits for these eligible participants, serving as a Voluntary Employees' Beneficiary Association.


Official website here: www.n-mahaska.k12.ia.us

Who is the CEO of North Mahaska Community School District Veba Trust?

Unavailable


Official website here: www.n-mahaska.k12.ia.us

What is the revenue of North Mahaska Community School District Veba Trust?

North Mahaska Community School District Veba Trust's revenue in 2022 was $11,085.


Official website here: www.n-mahaska.k12.ia.us

Who are the executives of North Mahaska Community School District Veba Trust and what are their salaries?


There is 1 key member and their salary:


Sarah Mcgriff (Business Manager)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.n-mahaska.k12.ia.us

Where can I find the form 990EZ for North Mahaska Community School District Veba Trust?

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


Official website here: www.n-mahaska.k12.ia.us

Learn more at the official website: www.n-mahaska.k12.ia.us

Mission Statement of North Mahaska Community School District Veba Trust

The North Mahaska Community School District Veba Trust is an organization established with a singular purpose. Its mission is to fund retiree health care benefits for eligible participants. This is achieved through the organization's program-related contributions to the Trust. The Veba Trust, which stands for Voluntary Employees Beneficiary Association, was formed specifically for this purpose, ensuring the financial well-being of its eligible participants in their retirement years. The Trust's primary activity is the payment of health care benefits to these individuals, thereby fulfilling its commitment to their post-employment healthcare needs.

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Impact




October, 2024

The North Mahaska Community School District VEBA Trust significantly impacts the well-being of eligible retirees by providing essential healthcare benefits. Its funding model relies on contributions specifically designated for the purpose of supporting these health care needs. As a Voluntary Employees Beneficiary Association, the Trust ensures that retired employees have access to vital medical services, alleviating financial burdens associated with healthcare costs in retirement.

By administering health care benefits, the VEBA Trust not only enhances the quality of life for retirees but also fosters a sense of security and support within the community. The Trust is dedicated to fulfilling its mission of funding retiree health care benefits, demonstrating a strong commitment to the welfare of former employees and their families in New Sharon, IA.




This information is meant to be a general summary of North Mahaska 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
$11,085 (2022)
Expenses
$15,671 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,085
  • Gross Receipts: $11,085

Assets and Liabilities:

  • Total Assets: $65,314
  • Total Liabilities: $0
  • Net Assets: $65,314

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Organization Details

Main Address

2163 135TH STREET, NEW SHARON, IA, 50207

NTEE Category

Code: Y43 - Mutual benefit

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