Overview
What is Marion County Tax Collector Veba Trust?
The Marion County Tax Collector Veba Trust is a nonprofit organization situated in Ocala, Florida. This trust offers a Health Reimbursement Arrangement, funded by the organization itself. The program supports approximately 67 participants, providing eligible medical reimbursements amounting to $21,415 in total. This arrangement aims to assist individuals with their healthcare expenses.
Is Marion County Tax Collector Veba Trust legitimate?
Marion County Tax Collector Veba Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Marion County Tax Collector Veba 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 Marion County Tax Collector Veba Trust?
The Marion County Tax Collector Veba Trust operates with a focus on providing Health Reimbursement Arrangements to its participants. The organization, which has approximately 67 participants in total, funds these arrangements and reimburses eligible medical expenses. The specific amounts reimbursed vary for different participants, with some receiving around $8,393 and others receiving approximately $13,022. However, it's important to note that the mission statement for this trust primarily revolves around the administration of these health reimbursements, rather than promoting broader societal goals or initiatives.
Who is the CEO of Marion County Tax Collector Veba Trust?
Hand Benefit Trust Co is the Trustee of Marion County Tax Collector Veba Trust.
What is the revenue of Marion County Tax Collector Veba Trust?
Marion County Tax Collector Veba Trust's revenue in 2022 was $17,882.
Who are the executives of Marion County Tax Collector 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 990EZ for Marion County Tax Collector Veba Trust?
Marion County Tax Collector Veba Trust's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Marion County Tax Collector Veba Trust
The Marion County Tax Collector Veba Trust, in its capacity, manages a Health Reimbursement Arrangement that benefits a group of approximately 67 participants. This organization provides eligible medical reimbursements to its members, with two distinct groups receiving sums of $8,393 and $13,022 respectively. While the mission statement is not explicitly provided, it can be inferred that the Marion County Tax Collector Veba Trust aims to support its participants by covering eligible medical expenses, thus contributing to their overall health and well-being.
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Impact
October, 2024
The Marion County Tax Collector VEBA Trust significantly impacts the financial well-being of its participants by providing essential health reimbursement arrangements. With approximately 67 participants, the trust facilitates eligible medical reimbursements that help alleviate healthcare costs.
Specifically, around 33 individuals receive an average of $8,393 in reimbursements, while another group of around 34 participants benefits from an average of $13,022. This support not only enhances access to necessary medical care but also promotes overall health and financial stability within the community in Ocala, FL.
By covering these medical expenses, the trust plays a crucial role in reducing the burden of healthcare costs for its participants, allowing them to manage their health needs more effectively.
This information is meant to be a general summary of Marion County Tax Collector 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.
- Program Service Revenue: $17,732
- Gross Receipts: $29,381
Assets and Liabilities:
- Total Assets: $32,111
- Total Liabilities: $0
- Net Assets: $32,111
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Organization Details
Phone
(352) 368-8234Principal Officer
Hand Benefit Trust Co
Main Address
McPherson Complex 503 SE 25th Ave, Ocala, FL, 344719181
NTEE Category
Code: Y44 - Mutual benefit
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