Overview
What is Spartan Shops Inc Veba Health Savings Trust?
Spartan Shops Inc Veba Health Savings Trust is a nonprofit entity, specifically located in San Jose, California. Its primary mission revolves around funding medical expense reimbursements under a Health Reimbursement Arrangement. The trust provides financial support to cover various medical costs, amounting to $86,455 as per the provided information. This nonprofit organization operates with a specific focus on this particular area, contributing to health-related financial assistance.
Is Spartan Shops Inc Veba Health Savings Trust legitimate?
Spartan Shops Inc Veba Health Savings Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Spartan Shops Inc Veba Health Savings 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 Spartan Shops Inc Veba Health Savings Trust?
The mission of Spartan Shops Inc's Veba Health Savings Trust is centered around funding medical expenses under a Health Reimbursement Arrangement. This organization is committed to providing financial assistance for individuals incurring medical costs, as stated in their mission description and activity. With a total reimbursement amount of $86,455, the Trust aims to alleviate some of the financial burden associated with medical expenses. By offering this service, they contribute to improving the overall well-being of individuals in need, allowing them to focus on their health without being unduly concerned about financial constraints.
What is the revenue of Spartan Shops Inc Veba Health Savings Trust?
Spartan Shops Inc Veba Health Savings Trust's revenue in 2024 was $125,092.
Who are the executives of Spartan Shops Inc Veba Health Savings Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $4,403
- Related: $0
- Other: $0
Where can I find the form 990 for Spartan Shops Inc Veba Health Savings Trust?
Spartan Shops Inc Veba Health Savings Trust's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Spartan Shops Inc Veba Health Savings Trust
Spartan Shops Inc Veba Health Savings Trust is a nonprofit organization dedicated to funding medical expense reimbursements under a Health Reimbursement Arrangement. Its primary mission is to provide financial assistance to cover medical expenses, as outlined in the Health Reimbursement Arrangement, to a total of $86,455. This commitment allows individuals to cover various healthcare costs, ensuring they receive necessary medical care without undue financial strain. By managing and funding these expenses, Spartan Shops Inc Veba Health Savings Trust plays a crucial role in supporting individuals' health and well-being.
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Impact
October, 2024
Spartan Shops Inc Veba Health Savings Trust provides essential financial support by funding the reimbursement of medical expenses through a Health Reimbursement Arrangement. By disbursing $86,455 for medical expenses, it directly alleviates the financial burden on individuals, facilitating access to necessary healthcare services. This initiative not only promotes health and well-being but also empowers participants to manage their medical expenses more effectively. Operating in San Jose, CA, the trust plays a crucial role in enhancing the financial security of its beneficiaries, fostering a healthier community overall.
This information is meant to be a general summary of Spartan Shops Inc 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $125,092
- Gross Receipts: $125,092
Assets and Liabilities:
- Total Assets: $2,359,972
- Total Liabilities: $0
- Net Assets: $2,359,972
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Organization Details
Founding Year
1995
Principal Officer
Principal Trust Company
NTEE Category
Code: Y40 - Mutual benefit
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