Ipa Crewmember Veba Trust

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

EIN: 825262677 ✦ Louisville, KY ✦ Designated as a 501(c)(9)

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Overview

What is Ipa Crewmember Veba Trust?

Ipa Crewmember Veba Trust is a nonprofit organization situated in Louisville, Kentucky, with an address at 3607 Fern Valley Road, 40219. The primary mission of this organization is to fund medical expense reimbursements under a Health Reimbursement Arrangement. In 20XX, approximately 316 individuals benefited from this arrangement, with medical care expenses amounting to $784,424. The Trust's purpose is to provide financial assistance for medical needs, contributing to the well-being of its participants.

Is Ipa Crewmember Veba Trust legitimate?

Ipa Crewmember Veba Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Ipa Crewmember 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 Ipa Crewmember Veba Trust?

The Ipa Crewmember Veba Trust's primary function is to fund the reimbursement of medical expenses for its participants under a Health Reimbursement Arrangement. This organization supports its approximately 316 participants who seek medical care, covering expenses totaling $784,424. The Health Reimbursement Arrangement, managed by the trust, serves as a financial resource for its members to manage their medical expenses. The trust does not have a mission statement that outlines broader societal goals or objectives, but its primary activity is focused on providing reimbursement for medical expenses under a Health Reimbursement Arrangement.

Who is the CEO of Ipa Crewmember Veba Trust?

William Brian Norris is the Individual Trustee of Ipa Crewmember Veba Trust.

What is the revenue of Ipa Crewmember Veba Trust?

Ipa Crewmember Veba Trust's revenue in 2022 was $6,722,191.

Who are the executives of Ipa Crewmember Veba Trust and what are their salaries?


Here are 3 key members and their salaries:


Herbert H Hurst (Individual Trustee)
  • Compensation: $0
  • Related: $12,178
  • Other: $0
William B Norris (Individual Trustee)
  • Compensation: $0
  • Related: $32,921
  • Other: $0
Stephan J Whyte (Individual Trustee)
  • Compensation: $0
  • Related: $34,187
  • Other: $0
Where can I find the form 990 for Ipa Crewmember Veba Trust?

Ipa Crewmember Veba Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ipa Crewmember Veba Trust

Ipa Crewmember Veba Trust is a nonprofit organization committed to funding medical expenses under a Health Reimbursement Arrangement. This mission involves providing financial assistance for medical care expenses to its approximately 316 participants. The organization's activities result in substantial reimbursements, totaling $784,424, demonstrating its significant role in supporting the medical needs of its members.

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Impact




October, 2024

Ipa Crewmember Veba Trust plays a significant role in supporting individuals by funding reimbursements for medical expenses through a Health Reimbursement Arrangement. The trust has positively impacted approximately 316 participants in Louisville, KY, who collectively received medical care totaling $784,424. By alleviating the financial burden of healthcare costs, the trust enhances the well-being and health security of its members, allowing them to focus on recovery rather than financial stress. This initiative fosters a sense of mutual benefit and community support among participants, strengthening their collective resilience in the face of medical expenses.




This information is meant to be a general summary of Ipa Crewmember 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.

Revenue
$6,722,191 (2022)
Expenses
$955,356 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,625,155
  • Program Service Revenue: $5,097,036
  • Gross Receipts: $6,722,191

Assets and Liabilities:

  • Total Assets: $18,926,028
  • Total Liabilities: $0
  • Net Assets: $18,926,028

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

EMPLOYER CONTRIBUTION

Revenue

$5,097,036

Organization Details

Founding Year

2017

Principal Officer

William Brian Norris

Main Address

3607 FERN VALLEY ROAD, LOUISVILLE, KY, 40219

NTEE Category

Code: Y43 - Mutual benefit

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