Overview
What is New London Community School District Veba Trust?
The New London Community School District Veba Trust is a nonprofit organization situated in New London, Iowa. It operates under the structure of a Voluntary Employees Beneficiary Association (VEBA), specifically established to finance retirement health care benefits for eligible participants. The organization's primary function is to disburse health care benefits to these participants. The revenue for the New London Community School District Veba Trust is derived from contributions made towards the VEBA trust, which are program-related in nature.
Official website here: www.nlcsd.org
Is New London Community School District Veba Trust legitimate?
New London Community School District Veba Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. New London 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.nlcsd.org
What is the mission statement of New London Community School District Veba Trust?
The New London Community School District Veba Trust, functioning as a Voluntary Employees Beneficiary Association, is dedicated to funding retiree health care benefits for eligible participants. Its primary objective is to manage and distribute funds, with total expenses covering the health care benefits for these individuals. The organization's revenue source is derived from program-related contributions to the trust. While the mission statement does not explicitly mention advocacy or support, its focus on providing health care benefits serves the well-being of its members.
Official website here: www.nlcsd.org
Who is the CEO of New London Community School District Veba Trust?
Unavailable
Official website here: www.nlcsd.org
What is the revenue of New London Community School District Veba Trust?
New London Community School District Veba Trust's revenue in 2022 was $184.
Official website here: www.nlcsd.org
Who are the executives of New London 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.nlcsd.org
Where can I find the form 990EZ for New London Community School District Veba Trust?
New London Community School District Veba Trust's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.nlcsd.org
Learn more at the official website: www.nlcsd.org
Mission Statement of New London Community School District Veba Trust
The New London Community School District Veba Trust, acting as a Voluntary Employees Beneficiary Association, is committed to funding retirement health care benefits for eligible participants. This organization's primary mission is to cover the health care expenses of these beneficiaries, drawing its financial resources from contributions made specifically to the VEBA trust. While the specific activities or programs undertaken by the New London Community School District Veba Trust are not explicitly stated, it is clear that their primary focus is on ensuring the well-being of their beneficiaries by providing them with necessary health care benefits.
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Impact
October, 2024
The New London Community School District Veba Trust plays a crucial role in supporting the health care needs of retirees within the community. By operating as a Voluntary Employees Beneficiary Association, it specifically focuses on funding retiree health care benefits, which provides financial security and peace of mind to eligible plan participants.
The funding mechanism relies on program-related contributions to the VEBA trust, allowing the community to invest in the well-being of its retired educators and staff. The financial resources allocated to health care expenses directly enhance the quality of life for these individuals, ensuring they have access to necessary medical services. This support not only benefits the retirees but also fosters a positive and secure environment for current employees, knowing that their future health care needs are being addressed.
Overall, the trust's impact is significant in promoting community stability and supporting the long-term health care needs of retirees, reinforcing the importance of caring for those who have dedicated their careers to education.
This information is meant to be a general summary of New London 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: $184
- Gross Receipts: $184
Assets and Liabilities:
- Total Assets: $22,223
- Total Liabilities: $0
- Net Assets: $22,223
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Organization Details
Phone
(319) 367-0512Main Address
106 WEST WILSON DRIVE, NEW LONDON, IA, 52645
Website
www.nlcsd.orgNTEE Category
Code: Y44 - Mutual benefit
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