Overview
What is Racine Unified School District Veba Health Savings Trust?
The Racine Unified School District Veba Health Savings Trust is a health reimbursement arrangement funded by the school district. This arrangement served around 284 participants, providing them with necessary medical care amounting to $23,396. This trust serves as a means for the school district to finance the benefits associated with this health reimbursement arrangement. It's important to note that this information does not provide details on the specific nature or scope of the healthcare services provided or the organization's broader mission or activities.
Is Racine Unified School District Veba Health Savings Trust legitimate?
Racine Unified School District Veba Health Savings Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Racine Unified School District Veba Health Savings 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.
What is the mission statement of Racine Unified School District Veba Health Savings Trust?
The Racine Unified School District Veba Health Savings Trust is designed to fund a Health Reimbursement Arrangement. This arrangement provides benefits for approximately 284 participants who seek medical care, as evidenced by the $23,396 spent on their healthcare. The primary objective of this trust is to ensure the financial availability for these medical reimbursements. While it does not have a traditional mission statement in the sense of promoting societal goals or community development, its purpose is clear in its role of providing financial support for healthcare expenses.
Who is the CEO of Racine Unified School District Veba Health Savings Trust?
Matrix Trust Company is the Trustee of Racine Unified School District Veba Health Savings Trust.
What is the revenue of Racine Unified School District Veba Health Savings Trust?
Racine Unified School District Veba Health Savings Trust's revenue in 2020 was $4,125.
Who are the executives of Racine Unified School District Veba Health Savings Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for Racine Unified School District Veba Health Savings Trust?
Racine Unified School District Veba Health Savings Trust's most recent form 990EZ was submitted in 2020 and can be accessed here.
Mission Statement of Racine Unified School District Veba Health Savings Trust
Racine Unified School District Veba Health Savings Trust is an organization that manages a health reimbursement arrangement. This arrangement, funded by the organization, provides benefits to approximately 284 participants. These individuals receive medical care, with the total amount reaching $23,396. The primary purpose of this trust is to facilitate the funding of these medical care benefits for its participants.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Racine Unified School District Veba Health Savings Trust plays a crucial role in providing financial support for healthcare expenses within the Racine community. With approximately 284 participants, the trust helps individuals manage their medical costs effectively, having disbursed $23,396 to cover various medical treatments. By funding health reimbursement arrangements, the trust alleviates some of the financial burdens associated with healthcare, allowing participants greater access to necessary medical care. This initiative not only enhances the overall well-being of the community but also promotes a culture of mutual support among its members, reinforcing the value of accessible healthcare for all.
This information is meant to be a general summary of Racine Unified School District Veba Health Savings 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 2020.
- Investment Income: $1,192
- Program Service Revenue: $2,933
- Gross Receipts: $4,125
Assets and Liabilities:
- Total Assets: $443,380
- Total Liabilities: $0
- Net Assets: $443,380
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Phone
(262) 631-7025Principal Officer
Matrix Trust Company
Main Address
3109 MT PLEASANT STREET, RACINE, WI, 53404
NTEE Category
Code: Y44 - Mutual benefit
If you are a representative of Racine Unified School District Veba Health Savings Trust and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.