Overview
What is City Of Kirkland Veba Trust?
The City of Kirkland Veba Trust is a nonprofit organization based in Kirkland, Washington. It serves as a Voluntary Employees' Beneficiary Association (VEBA), aiming to fund eligible medical expenses under a Health Reimbursement Arrangement. This trust benefits 917 participants during the 2022 plan year. The primary function of the City of Kirkland Veba Trust is to provide financial assistance for medical costs, contributing to the wellbeing of its participants.
Is City Of Kirkland Veba Trust legitimate?
City Of Kirkland Veba Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. City Of Kirkland 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
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What is the mission statement of City Of Kirkland Veba Trust?
The City of Kirkland Veba Trust operates 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 association serves approximately 917 participants during the 2022 plan year. The objective is to provide financial assistance for medical expenses, ensuring that participants can access necessary healthcare services. The City of Kirkland Veba Trust acts as a safeguard, ensuring that eligible medical expenses are covered for its participants.
Who is the CEO of City Of Kirkland Veba Trust?
Hand Benefit And Trust Co is the Principal Officer of City Of Kirkland Veba Trust.
What is the revenue of City Of Kirkland Veba Trust?
City Of Kirkland Veba Trust's revenue in 2022 was $1,418,191.
Who are the executives of City Of Kirkland Veba 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 City Of Kirkland Veba Trust?
City Of Kirkland Veba Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of City Of Kirkland Veba Trust
The City of Kirkland VEBA Trust, a Voluntary Employees' Beneficiary Association, is established with a mission to finance the reimbursement of eligible medical expenses under a Health Reimbursement Arrangement. This nonprofit organization aims to provide financial support for medical expenses, benefiting a total of 917 participants throughout the year 2022. The Health Reimbursement Arrangement funded by the Trust serves as a vital resource for individuals, helping them manage their healthcare expenditures more effectively.
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Impact
October, 2024
City Of Kirkland Veba Trust significantly impacts the community by providing financial support for eligible medical expenses through its Health Reimbursement Arrangement (HRA). Benefiting 917 participants in the 2022 plan year, this initiative helps ease the financial burden of healthcare costs for employees of the City of Kirkland. By facilitating reimbursements, the trust enhances access to necessary medical services, ultimately promoting overall health and well-being among its participants. The VEBA serves as a crucial resource, ensuring that employees have the support they need to manage their healthcare expenses effectively.
This information is meant to be a general summary of City Of Kirkland 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $18,431
- Program Service Revenue: $1,399,760
- Gross Receipts: $2,668,594
Assets and Liabilities:
- Total Assets: $5,960,170
- Total Liabilities: $0
- Net Assets: $5,960,170
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBS
Revenue
$1,399,760
Organization Details
Founding Year
2015
Phone
(425) 587-3221Principal Officer
Hand Benefit And Trust Co
Main Address
123 5th Avenue, Kirkland, WA, 980336121
NTEE Category
Code: Y44 - Mutual benefit
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