Overview
What is Reedy Creek Improvement District?
The Reedy Creek Improvement District is a nonprofit entity based in Milwaukee, Wisconsin. Its primary function is to offer post-employment medical benefits to eligible former employees of the district, their spouses, and dependents. This is achieved through a fund known as the VEBA, which receives financial contributions from the Reedy Creek Improvement District. The VEBA's mission is to manage, maintain, and provide funding for the provision of these medical benefits. The VEBA ensures the continuity of healthcare support for retired employees, contributing to their overall well-being.
Is Reedy Creek Improvement District legitimate?
Reedy Creek Improvement District is a legitimate nonprofit organization registered as a 501(c)(9) entity. Reedy Creek Improvement District 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 Reedy Creek Improvement District?
The Reedy Creek Improvement District's VEBAs mission is to oversee and manage funds for providing post-employment medical benefits to eligible former employees of the district, as well as their spouses and dependents. The VEBAs primary role is to receive funds from the Reedy Creek Improvement District, maintain and monitor these funds, and use them to ensure the continuation of medical benefits for retired employees. This mission is crucial in ensuring the well-being of retired workers and their families, offering them necessary medical coverage after their employment with the district has ended.
Who is the CEO of Reedy Creek Improvement District?
U S Bank N A is the Principal Officer of Reedy Creek Improvement District.
What is the revenue of Reedy Creek Improvement District?
Reedy Creek Improvement District's revenue in 2022 was $1,225,302.
Who are the executives of Reedy Creek Improvement District 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 Reedy Creek Improvement District?
Reedy Creek Improvement District's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Reedy Creek Improvement District
Reedy Creek Improvement District's mission is centered around providing post-employment medical benefits. The organization, known as the VEBA, receives funds from the district and is responsible for monitoring, maintaining, and allocating resources for the provision of these benefits. This extends to eligible former employees of the district, their spouses, and dependent family members. The VEBA's primary goal is to ensure these individuals have access to necessary medical care in their retirement years, providing a level of security and support during this stage of life.
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Impact
October, 2024
The Reedy Creek Improvement District plays a crucial role in providing post-employment medical benefits for eligible former employees and their families. By managing funds intended for retiree healthcare, it ensures that those who have dedicated their careers to the district can maintain access to necessary medical services after retirement. This support not only benefits the retirees but also contributes positively to the overall well-being of the community by promoting stability and security for former employees and their dependents. The district’s commitment to monitoring and maintaining these benefits reflects its dedication to honoring the contributions of its workforce while fostering a supportive environment for retirees.
This information is meant to be a general summary of Reedy Creek Improvement District. 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: $225,302
- Program Service Revenue: $1,000,000
- Gross Receipts: $4,274,465
Assets and Liabilities:
- Total Assets: $16,136,366
- Total Liabilities: $0
- Net Assets: $16,136,366
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$1,000,000
Organization Details
Founding Year
2018
Phone
(414) 765-6624Principal Officer
U S Bank N A
Main Address
PO BOX 0634, MILWAUKEE, WI, 532010634
NTEE Category
Code: Y43 - Mutual benefit
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