Cottleville Fire Protection District Veba Health Savings Trust

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

EIN: 834379114 ✦ St charles, MO ✦ Designated as a 501(c)(9)

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Overview

What is Cottleville Fire Protection District Veba Health Savings Trust?

Cottleville Fire Protection District Veba Health Savings Trust is a nonprofit organization situated in St. Charles, Missouri, specifically at 1385 Motherhead Road. Its primary mission is to support the reimbursement of medical expenses for its approximately 15 participating members, as part of a Health Reimbursement Arrangement. This nonprofit organization offers financial assistance to cover medical costs, contributing to the overall well-being of its members.

Is Cottleville Fire Protection District Veba Health Savings Trust legitimate?

Cottleville Fire Protection District Veba Health Savings Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Cottleville Fire Protection District Veba Health Savings 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 Cottleville Fire Protection District Veba Health Savings Trust?

The Cottleville Fire Protection District Veba Health Savings Trust's primary function is to fund the reimbursement of medical expenses for its participants under a Health Reimbursement Arrangement. This organization provides financial assistance to cover the medical costs of its approximately 15 members, who collectively incurred medical expenses amounting to $422,358. The Health Reimbursement Arrangement serves as a means for the trust to help its members manage their healthcare-related expenses.

Who is the CEO of Cottleville Fire Protection District Veba Health Savings Trust?

Matrix Trust Company is the Trustee of Cottleville Fire Protection District Veba Health Savings Trust.

What is the revenue of Cottleville Fire Protection District Veba Health Savings Trust?

Cottleville Fire Protection District Veba Health Savings Trust's revenue in 2022 was $753,702.

Who are the executives of Cottleville Fire Protection District Veba Health Savings Trust and what are their salaries?


There is 1 key member and their salary:


Matrix Trust Company (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Cottleville Fire Protection District Veba Health Savings Trust?

Cottleville Fire Protection District Veba Health Savings Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Cottleville Fire Protection District Veba Health Savings Trust

The Cottleville Fire Protection District Veba Health Savings Trust is an organization dedicated to funding medical expenses under a Health Reimbursement Arrangement. This nonprofit serves approximately 15 participants, who rely on it for reimbursement of their medical expenses. In the given data, the total amount of medical care received by these participants was $422,358. The Trust's mission is to provide financial assistance, ensuring that its beneficiaries can manage their medical expenses effectively. By doing so, the Cottleville Fire Protection District Veba Health Savings Trust contributes to the overall well-being of its participants, enabling them to focus on their health without the added stress of financial burden.

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Impact




October, 2024

Cottleville Fire Protection District Veba Health Savings Trust plays a vital role in supporting the health and well-being of its participants by funding reimbursements for medical expenses through a structured Health Reimbursement Arrangement. With around 15 participants who accessed medical care amounting to $422,358, the Trust significantly alleviates the financial burden associated with healthcare costs. This initiative not only promotes access to necessary medical services but also encourages participants to seek care without the overwhelming stress of expenses, thereby enhancing their overall quality of life. Located in St. Charles, MO, the Trust's mission focuses on ensuring that individuals and their families receive timely and effective medical attention, which is essential for maintaining their health and productivity.




This information is meant to be a general summary of Cottleville Fire Protection District Veba Health Savings 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
$753,702 (2022)
Expenses
$452,908 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $138,206
  • Program Service Revenue: $615,496
  • Gross Receipts: $753,702

Assets and Liabilities:

  • Total Assets: $3,866,728
  • Total Liabilities: $0
  • Net Assets: $3,866,728

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Programs

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

EMPLOYER CONTRIBUTION

Revenue

$615,496

Organization Details

Founding Year

2018

Principal Officer

Matrix Trust Company

Main Address

1385 MOTHERHEAD ROAD, ST CHARLES, MO, 63304

NTEE Category

Code: Y43 - Mutual benefit

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