Overview
What is Enlighten Veba Hra Trust?
Enlighten Veba Hra Trust is a nonprofit organization established by eight municipalities in Eugene, Oregon. They have combined resources to form a single multiple employer trust, benefiting a total of 1677 participants during the plan year 2022. This voluntary employees' beneficiary association (VEBA) is designed to fund eligible medical expenses under a health reimbursement arrangement (HRA), aiming to support the participants' healthcare needs. The trust's activities are centered around providing financial assistance for eligible medical expenses, thereby enhancing the health and well-being of the participating communities.
Is Enlighten Veba Hra Trust legitimate?
Enlighten Veba Hra Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Enlighten Veba Hra 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
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What is the mission statement of Enlighten Veba Hra Trust?
Enlighten Veba Hra Trust is established as a voluntary employees' beneficiary association (VEBA). Its primary mission is to fund the reimbursement of eligible medical expenses under a health reimbursement arrangement. This organization serves as a collective entity, with participation from eight individual municipalities, operating under a single multiple employer trust. The trust benefits a total of 1677 participants during the 2022 plan year. This arrangement aims to assist employees in covering their medical expenses by providing reimbursement for eligible expenses.
Who is the CEO of Enlighten Veba Hra Trust?
Enlighten Veba Hra Trust is the Principal Officer of Enlighten Veba Hra Trust.
What is the revenue of Enlighten Veba Hra Trust?
Enlighten Veba Hra Trust's revenue in 2022 was $3,649,306.
Who are the executives of Enlighten Veba Hra Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Enlighten Veba Hra Trust?
Enlighten Veba Hra Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Enlighten Veba Hra Trust
Enlighten Veba Hra Trust, a Voluntary Employees' Beneficiary Association (VEBA), is dedicated to funding the reimbursement of eligible medical expenses under a Health Reimbursement Arrangement. This organization serves as a collective platform for eight individual municipalities, who have united to form a multiple employer trust. This trust benefits a total of 1677 participants during the plan year 2022. The primary mission of Enlighten Veba Hra Trust is to ensure that these participants have access to financial assistance for their eligible medical expenses. By pooling resources, this VEBA aims to provide a cost-effective and comprehensive healthcare solution for its members.
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Impact
October, 2024
Enlighten Veba Hra Trust has made a significant impact by providing a structured financial support system for medical expenses among its participants. With the backing of eight individual municipalities, this collective approach has enabled 1,677 participants to access vital reimbursement for eligible health-related costs during the 2022 plan year. By establishing a Health Reimbursement Arrangement, the trust not only promotes health and wellness among its members but also alleviates the financial burden of medical expenses, fostering a healthier, more secure community in and around Eugene, Oregon. The mutual benefit structure underscores a commitment to supporting employees and their families, enhancing their overall well-being.
This information is meant to be a general summary of Enlighten Veba Hra 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: $78,819
- Program Service Revenue: $3,570,487
- Gross Receipts: $6,787,386
Assets and Liabilities:
- Total Assets: $16,196,341
- Total Liabilities: $0
- Net Assets: $16,196,341
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$3,570,487
Organization Details
Founding Year
2015
Phone
(541) 913-1880Principal Officer
Enlighten Veba Hra Trust
Main Address
3364 Amherst Way, Eugene, OR, 974089297
NTEE Category
Code: Y20 - Mutual benefit
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