Richland County Veba Health Savings Trust

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

EIN: 510567223 ✦ Mansfield, OH ✦ Designated as a 501(c)(9)

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Overview

What is Richland County Veba Health Savings Trust?

Richland County Veba Health Savings Trust is a nonprofit entity that manages a Health Reimbursement Arrangement (HRA). With around 145 participants, this organization offers a means to cover medical expenses. The HRA serves as a financial resource for its members, facilitating reimbursement for their medical treatments, with a reported total of $22,238 spent on such care in the given context. The Trust's primary purpose is to ensure financial assistance for its participants in meeting their medical needs.

Is Richland County Veba Health Savings Trust legitimate?

Richland County Veba Health Savings Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Richland County Veba Health Savings 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.

What is the mission statement of Richland County Veba Health Savings Trust?

The Richland County Veba Health Savings Trust operates a Health Reimbursement Arrangement, serving around 145 participants. Their primary mission is to provide funding for the reimbursement of their members' medical expenses under this arrangement. The organization ensures that the necessary financial resources are available to cover the medical care costs incurred by its participants. This arrangement allows individuals to manage their healthcare expenses in a structured and financially manageable manner.

Who is the CEO of Richland County Veba Health Savings Trust?

Matrix Trust Company is the Trustee of Richland County Veba Health Savings Trust.

What is the revenue of Richland County Veba Health Savings Trust?

Richland County Veba Health Savings Trust's revenue in 2021 was $3.

Who are the executives of Richland County Veba Health Savings Trust and what are their salaries?


There is 1 key member and their salary:


Matrix Trust Company (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Richland County Veba Health Savings Trust?

Richland County Veba Health Savings Trust's most recent form 990EZ was submitted in 2021 and can be accessed here.

Mission Statement of Richland County Veba Health Savings Trust

Richland County Veba Health Savings Trust is an organization that manages a Health Reimbursement Arrangement (HRA). The HRA serves around 145 participants, who utilize medical services to the tune of $22,238. The primary function of this organization is to fund the reimbursement of these participants' medical expenses under the HRA. This ensures that the participants can afford necessary medical care without incurring significant financial burden.

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Impact




October, 2024

Richland County Veba Health Savings Trust has made a significant impact by providing a health reimbursement arrangement that supports individuals in managing their medical expenses. With approximately 145 participants, the trust has facilitated access to necessary medical care, resulting in reimbursements totaling $22,238. This financial assistance eases the burden of healthcare costs, enabling participants to seek medical treatment without the overwhelming worry of expenses. By funding reimbursements for medical expenses, the trust enhances the wellbeing of its participants and promotes a mutually beneficial environment for healthcare accessibility in Mansfield, OH.




This information is meant to be a general summary of Richland County Veba Health Savings 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
$3 (2021)
Expenses
$20,128 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $3
  • Gross Receipts: $3

Assets and Liabilities:

  • Total Assets: $142,621
  • Total Liabilities: $0
  • Net Assets: $142,621

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Organization Details

Principal Officer

Matrix Trust Company

Main Address

50 PARK AVENUE EAST, MANSFIELD, OH, 44902

NTEE Category

Code: Y44 - Mutual benefit

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