Overview
What is City Of Burlington Iowa Veba Trust?
The City of Burlington Iowa Veba Trust is a nonprofit organization established specifically for funding retiree health care benefits. Situated in Burlington, Iowa, this Voluntary Employees Beneficiary Association (VEBA) focuses on providing healthcare benefits to eligible plan participants. The total expenses incurred by the Trust are the healthcare costs paid out to these participants. The Trust's revenue is generated through its own contributions made towards the VEBA Trust for the purpose of funding these benefits.
Official website here: www.burlingtoniowa.org
Is City Of Burlington Iowa Veba Trust legitimate?
City Of Burlington Iowa Veba Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. City Of Burlington Iowa 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.burlingtoniowa.org
What is the mission statement of City Of Burlington Iowa Veba Trust?
The City of Burlington Iowa Veba Trust is established with a mission to fund retiree health care benefits for eligible plan participants. Its primary activity revolves around covering the health care expenses of these beneficiaries. The Trust generates revenue through its own contributions towards this purpose, which is then utilized for providing health care benefits to the participants. While the Trust does not have a traditional mission statement like other organizations, its primary objective is clear: to ensure the financial provision of healthcare benefits for its retired members.
Official website here: www.burlingtoniowa.org
Who is the CEO of City Of Burlington Iowa Veba Trust?
Unavailable
Official website here: www.burlingtoniowa.org
What is the revenue of City Of Burlington Iowa Veba Trust?
City Of Burlington Iowa Veba Trust's revenue in 2022 was $24,956.
Official website here: www.burlingtoniowa.org
Who are the executives of City Of Burlington Iowa Veba Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.burlingtoniowa.org
Where can I find the form 990EZ for City Of Burlington Iowa Veba Trust?
City Of Burlington Iowa Veba Trust's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.burlingtoniowa.org
Learn more at the official website: www.burlingtoniowa.org
Mission Statement of City Of Burlington Iowa Veba Trust
The City of Burlington Iowa Veba Trust, a Voluntary Employees Beneficiary Association, is dedicated to providing retiree health care benefits to eligible plan participants. Its primary objective is to cover the health care expenses of these individuals, serving as a financial resource for their post-employment medical needs. The trust's activities are centered around generating sufficient revenue to meet these health care benefits expenditures. By doing so, the City of Burlington Iowa Veba Trust plays a significant role in ensuring the well-being and financial security of its participants in their retirement years.
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Impact
October, 2024
The City of Burlington Iowa VEBA Trust plays a critical role in providing financial support for retiree health care benefits to eligible plan participants. By ensuring that healthcare costs are covered, it enhances the quality of life for retirees, allowing them to access necessary medical care without the burden of overwhelming expenses.
This trust operates by collecting contributions specifically designated for funding these benefits, creating a sustainable model that allows retirees to receive ongoing support. The impact of the VEBA Trust is particularly significant in ensuring that retirees can maintain their health and well-being after leaving the workforce, contributing not only to individual health outcomes but also to the overall stability of the community.
In Burlington, IA, the VEBA Trust fosters a sense of security among retirees, knowing they have a dedicated resource for health care costs. This strengthens the community by supporting its aging population, allowing for a more vibrant and engaged demographic who can continue to contribute socially and economically. Ultimately, the trust serves as a vital financial safety net that underscores the commitment to the welfare of those who have dedicated their lives to public service.
This information is meant to be a general summary of City Of Burlington Iowa 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.
- Investment Income: $161
- Program Service Revenue: $24,795
- Gross Receipts: $24,956
Assets and Liabilities:
- Total Assets: $18,262
- Total Liabilities: $0
- Net Assets: $18,262
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Organization Details
Phone
(319) 753-8178Main Address
400 WASHINGTON STREET, BURLINGTON, IA, 52601
Website
www.burlingtoniowa.orgNTEE Category
Code: Y20 - Mutual benefit
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