South Winneshiek Community School District Veba Trust

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

EIN: 472322458 ✦ Calmar, IA ✦ Designated as a 501(c)(9)

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Overview

What is South Winneshiek Community School District Veba Trust?

The South Winneshiek Community School District Veba Trust is a nonprofit organization located in Calmar, Iowa. Its primary mission is to serve as a Voluntary Employees' Beneficiary Association (VEBA). This trust was established specifically to fund retirement health care benefits for eligible participants. The organization's expenses are primarily allocated to covering healthcare expenses for these beneficiaries. The revenue for the trust comes from program-related contributions made to support the funding of these benefits.


Official website here: www.swinn

Is South Winneshiek Community School District Veba Trust legitimate?

South Winneshiek Community School District Veba Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. South Winneshiek Community School District Veba Trust submitted a form 990, 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.swinn

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

The South Winneshiek Community School District Veba Trust was established as a Voluntary Employees Beneficiary Association, with its primary purpose being to fund retirement health care benefits for eligible participants. The mission of the trust is to provide these benefits, ensuring the well-being of those who have contributed to the organization's programs. The total expenses of the trust are primarily health care benefits paid to these eligible participants. The revenue of the trust comes from the organization's program-related contributions, which are dedicated towards funding these retirement health care benefits.


Official website here: www.swinn

What is the revenue of South Winneshiek Community School District Veba Trust?

South Winneshiek Community School District Veba Trust's revenue in 2024 was $4,924.


Official website here: www.swinn

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

Here are 2 key members and their salaries:


Kris Einck (Superintendent)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kris Smith (Business Official)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.swinn

Where can I find the form 990 for South Winneshiek Community School District Veba Trust?

South Winneshiek Community School District Veba Trust's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.swinn

Learn more at the official website: www.swinn

Mission Statement of South Winneshiek Community School District Veba Trust

The South Winneshiek Community School District Veba Trust, established as a Voluntary Employees Beneficiary Association, was formed with a sole purpose. Its mission was to fund retiree health care benefits for eligible participants within the organization's plan. This Voluntary Employees Beneficiary Association Trust was instrumental in ensuring that retirees from the organization could benefit from appropriate health care coverage after their working years. The Trust's primary function was to collect program-related contributions from the organization, which were subsequently utilized to fund the retiree health care benefits for the participating individuals.

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Impact




October, 2024

The South Winneshiek Community School District Veba Trust significantly impacts the financial well-being of eligible retirees by funding their health care benefits. Established specifically for this purpose, the trust ensures that retirees receive essential health care coverage, alleviating some of the financial burdens that often accompany retirement. This support is crucial in providing peace of mind for former employees, allowing them to focus on their health and well-being without the worry of high medical expenses.

The trust operates through contributions that are specifically earmarked for funding these retiree health care benefits, demonstrating a commitment to the long-term welfare of its participants. By fulfilling this mission, the South Winneshiek Community School District Veba Trust plays a vital role in enhancing the quality of life for retirees in the community, reflecting a strong dedication to mutual benefit and support.




This information is meant to be a general summary of South Winneshiek 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
$4,924 (2024)
Expenses
$73,693 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $4,921
  • Program Service Revenue: $3
  • Gross Receipts: $4,924

Assets and Liabilities:

  • Total Assets: $274,851
  • Total Liabilities: $0
  • Net Assets: $274,851

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

501 (c)(9) Health Care Ben

Revenue

$3

Organization Details

Principal Officer

Kris Einck

Website

www.swinn

NTEE Category

Code: Y44 - Mutual benefit

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