Oelwein Community School District Veba Trust

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

EIN: 472322251 ✦ Oelwein, IA ✦ Designated as a 501(c)(9)

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Overview

What is Oelwein Community School District Veba Trust?

The Oelwein Community School District Veba Trust is a charitable organization situated in Oelwein, Iowa. Its primary purpose is to offer financial support for retiree healthcare benefits to eligible plan participants. The trust's expenditures are primarily covered by the healthcare benefits paid to these beneficiaries, while the source of its funds is the program-related contributions made to the Veba Trust. The trust plays a crucial role in ensuring the wellbeing of its eligible participants by providing them with essential healthcare benefits.


Official website here: www.oelwein.k12.ia.us

Is Oelwein Community School District Veba Trust legitimate?

Oelwein Community School District Veba Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Oelwein 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.oelwein.k12.ia.us

What is the mission statement of Oelwein Community School District Veba Trust?

The Oelwein Community School District Veba Trust is dedicated to achieving its mission by offering financial support for retiree health care benefits to eligible plan participants. This support is reflected in the health care expenses paid out to the eligible individuals. The trust's total revenue is attributed to its contributions towards the Veba Trust for this specific purpose. In essence, the trust's mission is to ensure the financial well-being of its participants in relation to their health care needs during retirement.


Official website here: www.oelwein.k12.ia.us

Who is the CEO of Oelwein Community School District Veba Trust?

Unavailable


Official website here: www.oelwein.k12.ia.us

What is the revenue of Oelwein Community School District Veba Trust?

Oelwein Community School District Veba Trust's revenue in 2022 was $9,464.


Official website here: www.oelwein.k12.ia.us

Who are the executives of Oelwein Community School District Veba Trust and what are their salaries?


Here are 2 key members and their salaries:


Josh Ehn (Superintendent)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Rueber (Board Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.oelwein.k12.ia.us

Where can I find the form 990EZ for Oelwein Community School District Veba Trust?

Oelwein Community School District Veba Trust's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.oelwein.k12.ia.us

Learn more at the official website: www.oelwein.k12.ia.us

Mission Statement of Oelwein Community School District Veba Trust

The Oelwein Community School District Veba Trust is committed to fulfilling its mission by providing financial support for retiree health care benefits to eligible plan participants. This organization dedicates its resources to covering the health care expenses of eligible individuals, making up a significant portion of its total expenses. The Oelwein Community School District Veba Trust is instrumental in contributing to its Veba Trust, providing the necessary funds for this purpose. By offering these benefits, the trust plays a vital role in supporting the well-being of its eligible participants.

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Impact




October, 2024

The Oelwein Community School District Veba Trust plays a critical role in supporting the healthcare needs of retired educators and school staff. By providing funding for retiree health care benefits, the trust ensures that eligible participants have access to essential medical services and support after their careers in education.

This initiative directly impacts the financial security and well-being of retirees, enabling them to navigate their healthcare needs without undue stress. The trust's operations hinge on program-related contributions, which sustain the funding necessary to cover these benefits. The overall goal of the Oelwein Community School District Veba Trust is to create a safety net for its participants, thereby fostering a sense of community and ensuring that those who have dedicated their careers to education are cared for in their retirement years.




This information is meant to be a general summary of Oelwein 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.

Revenue
$9,464 (2022)
Expenses
$18,452 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,606
  • Gross Receipts: $9,464

Assets and Liabilities:

  • Total Assets: $111,415
  • Total Liabilities: $0
  • Net Assets: $111,415

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Organization Details

Main Address

307 8TH AVENUE SOUTHEAST, OELWEIN, IA, 50662

NTEE Category

Code: Y44 - Mutual benefit

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