Overview
What is Doncasters Inc Retiree Veba Trust?
Doncasters Inc Retiree Veba Trust is a nonprofit organization situated in Groton, Connecticut, with an address at 835 Poquonnock Road. Its primary mission is to fund medical expense reimbursements under a Health Reimbursement Arrangement. This organization served approximately 23 participants who received medical care, amounting to $179,945. The Trust supports its beneficiaries in covering their healthcare costs, providing financial aid during medical emergencies.
Is Doncasters Inc Retiree Veba Trust legitimate?
Doncasters Inc Retiree Veba Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Doncasters Inc Retiree 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
For more financial information, click here
What is the mission statement of Doncasters Inc Retiree Veba Trust?
The Doncasters Inc Retiree Veba Trust's primary objective is to fund the reimbursement of medical expenses under a Health Reimbursement Arrangement. This organization supports its participants by covering their medical costs as per the terms of this arrangement. As per the provided data, the trust had approximately 23 participants who availed of medical care, amounting to $179,945. The trust's role is to facilitate these reimbursements, contributing to the health care needs of its participants.
Who is the CEO of Doncasters Inc Retiree Veba Trust?
Charles Schwab Bank is the Principal Officer of Doncasters Inc Retiree Veba Trust.
What is the revenue of Doncasters Inc Retiree Veba Trust?
Doncasters Inc Retiree Veba Trust's revenue in 2023 was $40,928.
Who are the executives of Doncasters Inc Retiree Veba Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $1,048
- Related: $0
- Other: $0
Where can I find the form 990 for Doncasters Inc Retiree Veba Trust?
Doncasters Inc Retiree Veba Trust's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Doncasters Inc Retiree Veba Trust
Doncasters Inc Retiree Veba Trust is a nonprofit organization that is dedicated to funding medical expenses under a Health Reimbursement Arrangement. This means that the trust reimburses eligible medical expenses for its approximately 23 participants. The organization plays a crucial role in providing financial assistance for medical care, thereby alleviating some of the financial burden associated with healthcare expenses. The Health Reimbursement Arrangement managed by Doncasters Inc Retiree Veba Trust saw its participants incur medical costs amounting to $179,945. The trust's mission is to support its members in managing their healthcare expenses, ensuring they can access necessary medical care without undue financial strain.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Doncasters Inc Retiree Veba Trust plays a significant role in providing financial support for medical expenses incurred by its participants. By offering a Health Reimbursement Arrangement, the Trust enables approximately 23 individuals to receive reimbursements for their healthcare costs, totaling $179,945. This assistance is crucial in helping retirees manage their medical expenses, ensuring they have access to necessary healthcare services without bearing the full financial burden. The Trust thus contributes positively to the well-being of retirees in Groton, CT, fostering a sense of security regarding their health-related financial needs.
This information is meant to be a general summary of Doncasters Inc Retiree 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 2023.
- Investment Income: $30,948
- Program Service Revenue: $9,980
- Gross Receipts: $547,529
Assets and Liabilities:
- Total Assets: $2,177,214
- Total Liabilities: $0
- Net Assets: $2,177,214
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTION
Revenue
$9,980
Organization Details
Founding Year
2016
Phone
(860) 446-4807Principal Officer
Charles Schwab Bank
Main Address
835 POQUONNOCK RD, GROTON, CT, 06340
NTEE Category
Code: Y43 - Mutual benefit
If you are a representative of Doncasters Inc Retiree Veba Trust and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.