Overview
What is City Of Oxnard Veba Health Savings Trust?
The City Of Oxnard Veba Health Savings Trust is a nonprofit organization situated in Oxnard, California. Its main purpose is to manage a Health Reimbursement Arrangement, funding the reimbursement of medical expenses for approximately 46 participants who sought medical care, amounting to $126,207. This arrangement aims to help individuals cover their medical expenses, providing financial assistance during healthcare needs.
Is City Of Oxnard Veba Health Savings Trust legitimate?
City Of Oxnard Veba Health Savings Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. City Of Oxnard 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 Oxnard Veba Health Savings Trust?
The City of Oxnard Veba Health Savings Trust's primary function is to provide funding for the reimbursement of medical expenses under a Health Reimbursement Arrangement. This organization facilitates the reimbursement process for approximately 46 participants who sought medical care, totaling approximately $126,207. The mission of the City of Oxnard Veba Health Savings Trust is centered around managing and administering this health reimbursement arrangement, ensuring that eligible medical expenses are covered for its participants.
Who is the CEO of City Of Oxnard Veba Health Savings Trust?
Voya Institutional Trust is the Principal Officer of City Of Oxnard Veba Health Savings Trust.
What is the revenue of City Of Oxnard Veba Health Savings Trust?
City Of Oxnard Veba Health Savings Trust's revenue in 2022 was -$283,940.
Who are the executives of City Of Oxnard 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 Oxnard Veba Health Savings Trust?
City Of Oxnard Veba Health Savings Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of City Of Oxnard Veba Health Savings Trust
City of Oxnard Veba Health Savings Trust is an organization dedicated to funding the reimbursement of medical expenses under a Health Reimbursement Arrangement. The mission of this trust is to provide financial assistance for the medical needs of its approximately 46 participants, covering a total expense of $126,207. By offering reimbursement for medical costs, City of Oxnard Veba Health Savings Trust aims to alleviate some of the financial burden associated with healthcare, allowing its participants to focus on their recovery and well-being. The trust serves as a critical support system, providing financial assistance during times of medical need.
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Impact
October, 2024
City Of Oxnard Veba Health Savings Trust plays a significant role in supporting the healthcare needs of its participants by funding the reimbursement of medical expenses through a structured Health Reimbursement Arrangement (HRA). With approximately 46 participants benefiting from this initiative, the trust has facilitated the disbursement of $126,207 for medical care, alleviating financial burdens on individuals seeking necessary health services. This impact not only enhances the well-being of those involved but also contributes to the overall health equity in the Oxnard community, ensuring that essential medical care remains accessible to its residents.
This information is meant to be a general summary of City Of Oxnard 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: -$576,277
- Program Service Revenue: $292,337
- Gross Receipts: $316,793
Assets and Liabilities:
- Total Assets: $4,394,378
- Total Liabilities: $0
- Net Assets: $4,394,378
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTION
Revenue
$292,337
Organization Details
Founding Year
2019
Phone
(805) 385-7480Principal Officer
Voya Institutional Trust
Main Address
300 WEST 3RD STREET, OXNARD, CA, 93030
NTEE Category
Code: T90 - Philanthropy
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