Overview
What is City Of Papillion Veba Health Savings Trust?
City of Papillion Veba Health Savings Trust is a nonprofit organization located in Papillion, Nebraska, with an address at 122 East 3rd Street, 68046. The primary purpose of this organization is to manage a Health Reimbursement Arrangement (HRA), providing funds for the reimbursement of medical expenses. In the previous year, approximately 105 individuals benefited from this arrangement, incurring medical costs totaling $227,354. This nonprofit organization's mission is to support its participants in managing their medical expenses, ensuring they have financial assistance when needed.
Is City Of Papillion Veba Health Savings Trust legitimate?
City Of Papillion Veba Health Savings Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. City Of Papillion 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 City Of Papillion Veba Health Savings Trust?
The City of Papillion Veba Health Savings Trust's mission is centered around funding the reimbursement of medical expenses for its participants under a Health Reimbursement Arrangement. The organization, with approximately 105 participants, aims to provide financial assistance for their medical needs, totalling an amount of $227,354. This fund serves as a crucial support system, helping individuals manage their healthcare costs effectively.
Who is the CEO of City Of Papillion Veba Health Savings Trust?
Voya Institutional Trust is the Principal Officer of City Of Papillion Veba Health Savings Trust.
What is the revenue of City Of Papillion Veba Health Savings Trust?
City Of Papillion Veba Health Savings Trust's revenue in 2022 was -$88,872.
Who are the executives of City Of Papillion Veba Health Savings Trust 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 City Of Papillion Veba Health Savings Trust?
City Of Papillion Veba Health Savings Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of City Of Papillion Veba Health Savings Trust
The City of Papillion Veba Health Savings Trust is an organization committed to funding the reimbursement of medical expenses under a Health Reimbursement Arrangement. This nonprofit plays a crucial role in supporting its approximately 105 participants who require medical care, covering expenses totaling $227,354. By providing financial assistance for healthcare costs, the City of Papillion Veba Health Savings Trust helps individuals manage their medical bills, ensuring they can access necessary treatments without undue financial burden. The organization's mission is to facilitate this critical financial support, thus enabling its participants to focus on their health and wellbeing.
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Impact
October, 2024
City Of Papillion Veba Health Savings Trust significantly alleviates the financial burden of medical expenses for its participants by funding reimbursements through a Health Reimbursement Arrangement (HRA). With approximately 105 participants, the trust has facilitated the reimbursement of medical care totaling $227,354. This support not only enhances the accessibility of healthcare services for individuals but also promotes overall community health in Papillion, Nebraska. By providing a structured mechanism for funding medical expenses, the trust fosters financial security and peace of mind for its members, enabling them to focus on their health and well-being.
This information is meant to be a general summary of City Of Papillion 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$589,112
- Program Service Revenue: $500,240
- Gross Receipts: $517,742
Assets and Liabilities:
- Total Assets: $4,425,154
- Total Liabilities: $0
- Net Assets: $4,425,154
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTION
Revenue
$500,240
Organization Details
Founding Year
2019
Phone
(402) 827-7065Principal Officer
Voya Institutional Trust
Main Address
122 EAST 3RD STREET, PAPILLION, NE, 68046
NTEE Category
Code: Y44 - Mutual benefit
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