Overview
What is Bettendorf Community School District Veba Trust?
The Bettendorf Community School District Veba Trust is a nonprofit organization based in Bettendorf, Iowa, specifically at PO Box 1150. Its primary mission is to serve as a Voluntary Employees' Beneficiary Association, established for the sole purpose of funding retiree health care benefits for eligible participants within the organization's plan. The trust's activities are primarily focused on paying health care benefits to these qualified individuals. The organization's revenue is derived from its contributions towards the Veba Trust, which is utilized to provide these health care benefits to retirees. The trust plays a significant role in providing financial support to its eligible participants for their healthcare needs in retirement.
Official website here: www.bettendorf.k12.ia.us
Is Bettendorf Community School District Veba Trust legitimate?
Bettendorf Community School District Veba Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Bettendorf Community School District Veba Trust submitted a form 990, 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
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Official website here: www.bettendorf.k12.ia.us
What is the mission statement of Bettendorf Community School District Veba Trust?
The Bettendorf Community School District Veba Trust was established with the sole purpose of providing retirement health care benefits to eligible participants. This Voluntary Employees Beneficiary Association was formed to ensure that eligible plan participants receive these essential benefits in their retirement years. The mission of the trust is to fund these benefits, utilizing the organizations' program-related contributions to the VEBA Trust. The primary activity of the trust is to cover the health care expenses of these eligible participants.
Official website here: www.bettendorf.k12.ia.us
Who is the CEO of Bettendorf Community School District Veba Trust?
Robert Beckwith Director Of Finance is the Director Of Finance of Bettendorf Community School District Veba Trust.
Official website here: www.bettendorf.k12.ia.us
What is the revenue of Bettendorf Community School District Veba Trust?
Bettendorf Community School District Veba Trust's revenue in 2022 was $148,358.
Official website here: www.bettendorf.k12.ia.us
Who are the executives of Bettendorf Community School District 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.bettendorf.k12.ia.us
Where can I find the form 990 for Bettendorf Community School District Veba Trust?
Bettendorf Community School District Veba Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bettendorf.k12.ia.us
Learn more at the official website: www.bettendorf.k12.ia.us
Mission Statement of Bettendorf Community School District Veba Trust
The Bettendorf Community School District Veba Trust, established as a Voluntary Employees Beneficiary Association, was formed with a singular purpose: to fund retirement health care benefits for eligible plan participants. This nonprofit organization's mission is to ensure the financial support for retirees' medical needs, providing them with essential health care benefits. The Trust derives its total expenses from the health care benefits it distributes to eligible participants, while its total revenue consists of program-related contributions made to the Veba Trust for the purpose of funding these retiree health care benefits.
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Impact
October, 2024
Bettendorf Community School District VEBA Trust provides significant support for retiree health care benefits within the Bettendorf community. By funding health care coverage for eligible plan participants, the trust alleviates financial burdens on retirees, allowing them to access necessary medical services without the stress of high costs. The trust's operations hinge on contributions that ensure a steady flow of resources directed towards these vital benefits.
The VEBA Trust's focus on funding retiree health care is essential as it helps to secure a reliable safety net for those who have dedicated their careers to education within the Bettendorf School District. This security not only enhances the quality of life for retirees but also contributes to their peace of mind, knowing that their health care needs are being met. The trust ultimately plays a pivotal role in supporting the well-being of retired employees, reinforcing community ties and encouraging a strong sense of loyalty among current staff who see a commitment to their futures.
This information is meant to be a general summary of Bettendorf 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $11,811
- Program Service Revenue: $136,547
- Gross Receipts: $148,358
Assets and Liabilities:
- Total Assets: $689,282
- Total Liabilities: $0
- Net Assets: $689,282
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
501(c)(9) Health Care Ben
Revenue
$136,547
Organization Details
Founding Year
2013
Phone
(563) 359-3681Principal Officer
Robert Beckwith Director Of Finance
Main Address
PO BOX 1150, BETTENDORF, IA, 52722
Website
www.bettendorf.k12.ia.usNTEE Category
Code: Y43 - Mutual benefit
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