Overview
What is Lynnville-Sully Community School Veba Trust?
The Lynnville-Sully Community School Veba Trust is a nonprofit organization based in Sully, Iowa. Its primary function is to serve as a Voluntary Employees Beneficiary Association, with the goal of financing retiree healthcare benefits for eligible individuals. By collecting program-related contributions, the Trust generates revenue to cover the expenses of distributing these benefits to its participants. The Trust's activities are focused solely on providing healthcare benefits, ensuring the well-being of its participants in their retirement years.
Official website here: www.lshawks.org
Is Lynnville-Sully Community School Veba Trust legitimate?
Lynnville-Sully Community School Veba Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Lynnville-Sully Community School 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.lshawks.org
What is the mission statement of Lynnville-Sully Community School Veba Trust?
The Lynnville-Sully Community School Veba Trust serves a specific purpose as a Voluntary Employees Beneficiary Association. Its primary mission is to provide retiree health care benefits for eligible participants. The trust achieves this by collecting program-related contributions, which are utilized to fund these benefits. Its main activity involves managing these contributions and distributing the benefits to the qualified individuals. The trust is not focused on generating profits but rather on fulfilling its commitment to providing healthcare benefits to its participants. It operates with the goal of ensuring the financial sustainability of these benefits, balancing the contributions and the payouts to maintain the trust's viability.
Official website here: www.lshawks.org
Who is the CEO of Lynnville-Sully Community School Veba Trust?
Unavailable
Official website here: www.lshawks.org
What is the revenue of Lynnville-Sully Community School Veba Trust?
Lynnville-Sully Community School Veba Trust's revenue in 2022 was $73.
Official website here: www.lshawks.org
Who are the executives of Lynnville-Sully Community School 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.lshawks.org
Where can I find the form 990EZ for Lynnville-Sully Community School Veba Trust?
Lynnville-Sully Community School Veba Trust's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.lshawks.org
Learn more at the official website: www.lshawks.org
Mission Statement of Lynnville-Sully Community School Veba Trust
The Lynnville-Sully Community School Veba Trust is a voluntary organization dedicated to funding retiree health care benefits for eligible participants. Serving as a Voluntary Employees Beneficiary Association, its primary objective is to cover health care expenses for those who have retired from the relevant community school. The trust achieves this by collecting program-related contributions from its members, which are then used to pay out these benefits. In essence, the Lynnville-Sully Community School Veba Trust acts as a financial safety net, ensuring that retired individuals continue to receive necessary health care support, thereby maintaining their quality of life.
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Impact
October, 2024
The Lynnville-Sully Community School Veba Trust significantly enhances the well-being of its participants by funding retiree health care benefits, ensuring that former employees have access to essential health services after their careers. By managing contributions specifically aimed at covering these health care expenses, the trust alleviates financial pressures on retirees, allowing them to focus on their health and quality of life during retirement. This commitment to providing crucial health benefits not only promotes the welfare of the retirees and their families but also reinforces the community's dedication to supporting those who have served in the school system. Ultimately, the trust plays a vital role in safeguarding the health and financial stability of eligible participants in Sully, IA.
This information is meant to be a general summary of Lynnville-Sully Community School 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: $73
- Gross Receipts: $73
Assets and Liabilities:
- Total Assets: $6,753
- Total Liabilities: $0
- Net Assets: $6,753
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Organization Details
Phone
(641) 594-4445Main Address
12476 HIGHWAY F62 EAST, SULLY, IA, 50251
Website
www.lshawks.orgNTEE Category
Code: Y43 - Mutual benefit
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