Fraternal Order Of Police Lodge 100 Retiree Benefit Veba Trust

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

EIN: 834672470 ✦ Davie, FL ✦ Designated as a 501(c)(9)

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Overview

What is Fraternal Order Of Police Lodge 100 Retiree Benefit Veba Trust?

The Fraternal Order of Police Lodge 100 Retiree Benefit Veba Trust is a nonprofit organization situated in Davie, Florida. With approximately 18 participants, this organization operates a Health Reimbursement Arrangement (HRA), which is designed to cover medical expenses. This HRA has facilitated the reimbursement of medical costs amounting to $22,758. The primary mission of this trust is to finance the reimbursement of medical expenses under the provided HRA, ensuring financial support for those in need of medical care.

Is Fraternal Order Of Police Lodge 100 Retiree Benefit Veba Trust legitimate?

Fraternal Order Of Police Lodge 100 Retiree Benefit Veba Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Fraternal Order Of Police Lodge 100 Retiree Benefit 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 Fraternal Order Of Police Lodge 100 Retiree Benefit Veba Trust?

The Fraternal Order of Police Lodge 100 Retiree Benefit Veba Trust is committed to funding reimbursements for medical expenses under a Health Reimbursement Arrangement. This organization provides financial assistance to individuals who incur medical costs, ensuring they can cover these expenses. As per the provided data, the Health Reimbursement Arrangement by this organization had approximately 18 participants who received medical care, amounting to $22,758. The primary purpose of the trust is to offer financial relief to individuals in need of medical care, making healthcare expenses more manageable.

Who is the CEO of Fraternal Order Of Police Lodge 100 Retiree Benefit Veba Trust?

Voya Institutional Trust is the Principal Officer of Fraternal Order Of Police Lodge 100 Retiree Benefit Veba Trust.

What is the revenue of Fraternal Order Of Police Lodge 100 Retiree Benefit Veba Trust?

Fraternal Order Of Police Lodge 100 Retiree Benefit Veba Trust's revenue in 2022 was $160,476.

Who are the executives of Fraternal Order Of Police Lodge 100 Retiree Benefit Veba Trust and what are their salaries?


There is 1 key member and their salary:


Voya Institutional Trust Company (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Fraternal Order Of Police Lodge 100 Retiree Benefit Veba Trust?

Fraternal Order Of Police Lodge 100 Retiree Benefit Veba Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Fraternal Order Of Police Lodge 100 Retiree Benefit Veba Trust

The Fraternal Order of Police Lodge 100 Retiree Benefit Veba Trust is an organization dedicated to funding the reimbursement of medical expenses under a Health Reimbursement Arrangement. This mission aims to provide financial assistance to individuals who require medical care, with approximately 18 participants benefiting from this scheme, incurring medical expenses totaling $22,758. The trust serves as a safety net for these individuals, helping them manage their healthcare costs effectively.

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Impact




October, 2024

Fraternal Order Of Police Lodge 100 Retiree Benefit Veba Trust plays a crucial role in supporting law enforcement retirees by providing financial assistance for medical expenses. Through its Health Reimbursement Arrangement, the trust enables eligible participants to receive reimbursements, alleviating some of the financial burdens associated with healthcare costs. With approximately 18 participants benefiting from the program, the trust facilitated medical reimbursements totaling $22,758, ensuring that retirees can access necessary healthcare without facing overwhelming financial strain. This support contributes to improving the overall well-being of retired law enforcement officers in Davie, Florida, fostering financial security during their retirement years.




This information is meant to be a general summary of Fraternal Order Of Police Lodge 100 Retiree Benefit 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
$160,476 (2022)
Expenses
$26,558 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$89,524
  • Program Service Revenue: $250,000
  • Gross Receipts: $256,938

Assets and Liabilities:

  • Total Assets: $1,233,148
  • Total Liabilities: $0
  • Net Assets: $1,233,148

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Programs

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

EMPLOYER CONTRIBUTION

Revenue

$250,000

Organization Details

Founding Year

2018

Principal Officer

Voya Institutional Trust

Main Address

1230 S NOB HILL ROAD, DAVIE, FL, 33324

NTEE Category

Code: Y43 - Mutual benefit

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