George-Little Rock Community Schools Veba Trust

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

EIN: 472315690 ✦ George, IA ✦ Designated as a 501(c)(9)

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Overview

What is George-Little Rock Community Schools Veba Trust?

The George-Little Rock Community Schools Veba Trust is a nonprofit organization situated in George, Iowa. Its primary purpose is to ensure the provision of retiree health care benefits for eligible participants, facilitated through a Voluntary Employees Beneficiary Association (VEBA). The trust's expenses primarily consist of the health care benefits paid to these eligible individuals, while its revenue is derived from the organization's program-related contributions to the trust. The trust serves the community of George, Iowa, in providing this essential service.


Official website here: www.george-littlerock.org

Is George-Little Rock Community Schools Veba Trust legitimate?

George-Little Rock Community Schools Veba Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. George-Little Rock Community Schools 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.george-littlerock.org

What is the mission statement of George-Little Rock Community Schools Veba Trust?

The George-Little Rock Community Schools Veba Trust was established with a mission to provide retirement health care benefits for eligible participants. This is achieved through a Voluntary Employees Beneficiary Association (VEBA). The organization's primary expense involves the payment of health care benefits to the eligible individuals. The total revenue for the trust comes from program-related contributions. In essence, the trust's main objective is to support the health care needs of its participants in their retirement years.


Official website here: www.george-littlerock.org

Who is the CEO of George-Little Rock Community Schools Veba Trust?

Unavailable


Official website here: www.george-littlerock.org

What is the revenue of George-Little Rock Community Schools Veba Trust?

George-Little Rock Community Schools Veba Trust's revenue in 2022 was $1,201.


Official website here: www.george-littlerock.org

Who are the executives of George-Little Rock Community Schools Veba Trust and what are their salaries?


There is 1 key member and their salary:


Cathy Bonestroo (Business Manager)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.george-littlerock.org

Where can I find the form 990EZ for George-Little Rock Community Schools Veba Trust?

George-Little Rock Community Schools Veba Trust's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.george-littlerock.org

Learn more at the official website: www.george-littlerock.org

Mission Statement of George-Little Rock Community Schools Veba Trust

The George-Little Rock Community Schools Veba Trust, established with a clear mission, aims to provide retiree health care benefits for eligible participants. Functioning as a Voluntary Employees Beneficiary Association (VEBA), this organization pools resources to offer these benefits, ensuring financial support for its members. The trust's activities primarily revolve around paying out health care benefits to eligible participants, while its income comes from program-related contributions. This entity serves as a safety net for those who have retired from the community schools, providing them with essential health care benefits.

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Impact




October, 2024

The George-Little Rock Community Schools Veba Trust plays a crucial role in supporting the health and well-being of retirees from the school community. By providing funding specifically for retiree health care benefits, the trust ensures that eligible plan participants have access to essential health services and financial assistance during retirement. This initiative addresses a vital need, allowing retired school employees to navigate their health care needs with greater security.

The trust's operations are primarily focused on managing contributions that support these health benefits. By effectively managing program-related funding, it sustains financial resources dedicated to the health care of retirees, helping to alleviate concerns related to medical expenses. Thus, the impact of the George-Little Rock Community Schools Veba Trust extends beyond mere financial support—it fosters a community that values and cares for its former educators, enhancing their quality of life in retirement.




This information is meant to be a general summary of George-Little Rock Community Schools 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
$1,201 (2022)
Expenses
$58,835 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,149
  • Gross Receipts: $1,201

Assets and Liabilities:

  • Total Assets: $69,929
  • Total Liabilities: $0
  • Net Assets: $69,929

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Organization Details

Main Address

309 S LINCOLN STREET, GEORGE, IA, 51237

NTEE Category

Code: Y44 - Mutual benefit

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