Overview
What is Edgewood-Colesburg Community School District Veba Trust?
The Edgewood-Colesburg Community School District Veba Trust is a nonprofit organization, specifically established to finance retiree health care benefits for eligible participants. Situated in Edgewood, Iowa, this entity operates under a voluntary employees beneficiary association (VEBA) mission. Its primary function involves making payments for health care benefits to the qualified individuals, while its revenue is sourced from the organization's program-related contributions dedicated towards funding these benefits.
Official website here: www.edge-cole.k12.ia.us
Is Edgewood-Colesburg Community School District Veba Trust legitimate?
Edgewood-Colesburg Community School District Veba Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Edgewood-Colesburg 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.edge-cole.k12.ia.us
What is the mission statement of Edgewood-Colesburg Community School District Veba Trust?
The Edgewood-Colesburg Community School District Veba Trust was established with a mission to offer financial support for retiree health care benefits to eligible participants. Operating under the umbrella of a voluntary employees beneficiary association, the trust's primary objective is to cover healthcare expenses for these individuals. The trust generates revenue through its contributions toward funding these benefits, with the total expenditure being directed towards these payments. The Veba Trust's mission is centered around ensuring the well-being of its participants by providing them with essential healthcare benefits in their retirement.
Official website here: www.edge-cole.k12.ia.us
Who is the CEO of Edgewood-Colesburg Community School District Veba Trust?
Unavailable
Official website here: www.edge-cole.k12.ia.us
What is the revenue of Edgewood-Colesburg Community School District Veba Trust?
Edgewood-Colesburg Community School District Veba Trust's revenue in 2022 was $30,120.
Official website here: www.edge-cole.k12.ia.us
Who are the executives of Edgewood-Colesburg 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.edge-cole.k12.ia.us
Where can I find the form 990EZ for Edgewood-Colesburg Community School District Veba Trust?
Edgewood-Colesburg Community School District Veba Trust's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.edge-cole.k12.ia.us
Learn more at the official website: www.edge-cole.k12.ia.us
Mission Statement of Edgewood-Colesburg Community School District Veba Trust
The Edgewood-Colesburg Community School District Veba Trust, in essence, was established with the purpose of offering financial support for retiree healthcare benefits to its eligible participants. This mission is carried out through the organization's voluntary employees beneficiary association (VEBA). The trust's operations primarily involve making payments for these health care benefits, drawing from the contributions it receives as part of its program-related activities. The overall objective of the Edgewood-Colesburg Community School District Veba Trust is to ensure the well-being of its retirees by providing them with essential healthcare coverage.
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Impact
October, 2024
The Edgewood-Colesburg Community School District Veba Trust significantly impacts the financial stability of retiree health care benefits for eligible plan participants. By providing dedicated funding for health care expenses, it ensures that retired employees have access to necessary medical services, which is essential for their overall well-being.
The trust operates on a model where its revenue is generated through program-related contributions. This structure allows the trust to cover its expenses related to health care payments effectively, creating a reliable safety net for retirees. The ability to furnish these benefits helps attract and retain quality staff within the school district, as prospective employees often view health care security as a vital aspect of their compensation package.
Located in Edgewood, Iowa, the trust serves as a model for how educational institutions can take proactive steps in supporting their workforce's health needs even after retirement, thereby fostering a supportive community atmosphere. The trust not only addresses immediate health care needs but also alleviates financial burdens on retirees, contributing to their peace of mind and enhancing their quality of life.
This information is meant to be a general summary of Edgewood-Colesburg 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: $4,206
- Gross Receipts: $30,120
Assets and Liabilities:
- Total Assets: $261,224
- Total Liabilities: $0
- Net Assets: $261,224
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Organization Details
Phone
(563) 928-6411Main Address
403 W UNION, EDGEWOOD, IA, 52042
Website
www.edge-cole.k12.ia.usNTEE Category
Code: Y44 - Mutual benefit
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