Postville Community School District Veba Trust

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

EIN: 464069419 ✦ Postville, IA ✦ Designated as a 501(c)(9)

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Overview

What is Postville Community School District Veba Trust?

The Postville Community School District Veba Trust is a nonprofit organization established to ensure the financial coverage of retiree health care benefits for eligible participants. It operates under the Voluntary Employees Beneficiary Association (VEBA) framework. The trust's primary function involves allocating funds for healthcare benefits, which are provided to the eligible participants. The financing of these benefits is achieved through the organization's program-related contributions to the Veba Trust. In essence, the Postville Community School District Veba Trust serves as a vital financial resource for supporting the retiree healthcare needs of its members.


Official website here: www.postville

Is Postville Community School District Veba Trust legitimate?

Postville Community School District Veba Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Postville 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.


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


Official website here: www.postville

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

The Postville Community School District Veba Trust was established with the mission to finance retiree health care benefits for eligible participants. This is achieved through contributions made voluntarily by the organization towards the Trust. The primary function of the Trust is to dispense these health care benefits to the eligible participants, making up its total expenses. The Trust derives its revenue from these program-related contributions, which are dedicated to funding the retiree health care benefits for eligible participants. In summary, the Postville Community School District Veba Trust exists to secure and provide retiree health care benefits for its eligible participants.


Official website here: www.postville

What is the revenue of Postville Community School District Veba Trust?

Postville Community School District Veba Trust's revenue in 2024 was $51,273.


Official website here: www.postville

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

There is 1 key member and their salary:


Melissa Fettkether (Business Manager)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.postville

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

Postville Community School District Veba Trust's most recent form 990EZ was submitted in 2024 and can be accessed here.


Official website here: www.postville

Learn more at the official website: www.postville

Mission Statement of Postville Community School District Veba Trust

The Postville Community School District Veba Trust was established with a specific purpose. This nonprofit organization was formed to finance retiree health care benefits for eligible participants through the Voluntary Employees Beneficiary Association (VEBA). In simpler terms, the Postville Community School District Veba Trust serves to cover the health care expenses of qualified retirees, utilizing funds gathered from program-related contributions. The organization's primary activity revolves around allocating these contributions to fund the health care benefits for the eligible participants.

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Impact




October, 2024

The Postville Community School District Veba Trust plays a crucial role in ensuring that eligible retirees receive necessary health care benefits. By funding these benefits through a Voluntary Employees Beneficiary Association, the trust alleviates financial burdens for retirees, allowing them to access essential medical services and maintain their well-being after leaving the workforce. This initiative not only supports the health of retired community members but also enhances the overall quality of life for participants and their families. The trust's structured approach to handling contributions and expenses ensures sustainable funding, reinforcing the commitment to provide reliable health care support for future retirees within the Postville community.




This information is meant to be a general summary of Postville 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
$51,273 (2024)
Expenses
$41,827 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $1,273
  • Gross Receipts: $51,273

Assets and Liabilities:

  • Total Assets: $67,106
  • Total Liabilities: $0
  • Net Assets: $67,106

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Organization Details

NTEE Category

Code: Y43 - Mutual benefit

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