Overview
What is Keystone Area Education Agency 1 Veba Trust?
Keystone Area Education Agency 1 Veba Trust is a nonprofit organization established with the primary objective of funding retiree health care benefits for eligible participants. The organization operates as a Voluntary Employees Beneficiary Association (VEBA), with its primary activity being the allocation of program-related contributions towards this end. The trust's total expenses are directed towards providing health care benefits to its eligible participants, while the total revenue generated supports the funding of these benefits. The trust was specifically created for the sole purpose of ensuring the well-being of its participants in their retirement years.
Official website here: www.aea1.k12.ia.us
Is Keystone Area Education Agency 1 Veba Trust legitimate?
Keystone Area Education Agency 1 Veba Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Keystone Area Education Agency 1 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.aea1.k12.ia.us
What is the mission statement of Keystone Area Education Agency 1 Veba Trust?
The Keystone Area Education Agency 1 Veba Trust's mission is centered around providing retiree health care benefits to eligible participants. The organization achieves this through the allocation of funds from program-related contributions to its Veba Trust. The Trust, established as a Voluntary Employees' Beneficiary Association, was specifically formed for this sole purpose. The Trust's primary objective is to ensure the funding of retiree health care benefits for eligible participants.
Official website here: www.aea1.k12.ia.us
Who is the CEO of Keystone Area Education Agency 1 Veba Trust?
Unavailable
Official website here: www.aea1.k12.ia.us
What is the revenue of Keystone Area Education Agency 1 Veba Trust?
Keystone Area Education Agency 1 Veba Trust's revenue in 2022 was $3,268.
Official website here: www.aea1.k12.ia.us
Who are the executives of Keystone Area Education Agency 1 Veba Trust and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.aea1.k12.ia.us
Where can I find the form 990EZ for Keystone Area Education Agency 1 Veba Trust?
Keystone Area Education Agency 1 Veba Trust's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.aea1.k12.ia.us
Learn more at the official website: www.aea1.k12.ia.us
Mission Statement of Keystone Area Education Agency 1 Veba Trust
Keystone Area Education Agency 1 Veba Trust is an organization with a specific mission. Its primary focus is to provide health care benefits to eligible participants. The total expense of the organization is directly allocated towards this purpose. The Trust was established with a clear objective: to fund retiree health care benefits for eligible participants. This voluntary arrangement, known as a Veba Trust, was formed to ensure the continuity of health care benefits for its members even after their retirement. The Trust's revenue is derived from program-related contributions made towards funding these retiree health care benefits. This organization plays a crucial role in securing the health care needs of its eligible participants in their post-retirement phase.
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Impact
October, 2024
Keystone Area Education Agency 1 VEBA Trust significantly impacts the lives of eligible retirees by offering financial support for health care benefits. The Trust is dedicated to ensuring that retired individuals receive essential health care coverage, helping them manage their medical expenses in retirement. By collecting program-related contributions specifically aimed at funding these benefits, the Trust creates a stable resource that participants can rely on for their health care needs. This initiative fosters peace of mind for retirees, allowing them to focus on their well-being during their golden years without the burden of financial uncertainty regarding health care. The Trust plays a crucial role in promoting the overall health and quality of life for its members in Elkader, Iowa.
This information is meant to be a general summary of Keystone Area Education Agency 1 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: $2,249
- Gross Receipts: $3,268
Assets and Liabilities:
- Total Assets: $144,978
- Total Liabilities: $0
- Net Assets: $144,978
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Organization Details
Phone
(563) 245-1480Main Address
1400 2ND STREET NW, ELKADER, IA, 52043
Website
www.aea1.k12.ia.usNTEE Category
Code: Y44 - Mutual benefit
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