Overview
What is City Of Appleton Veba Health Savings Trust?
City of Appleton Veba Health Savings Trust is a nonprofit organization situated in Appleton, Wisconsin. Its primary mission is to support the reimbursement of medical expenses for 738 members, as outlined in a Health Reimbursement Arrangement, which amounted to $463,554 in medical care. This trust functions to facilitate the coverage of healthcare costs, ensuring financial assistance for its members in need.
Is City Of Appleton Veba Health Savings Trust legitimate?
City Of Appleton Veba Health Savings Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. City Of Appleton 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 Appleton Veba Health Savings Trust?
The City of Appleton Veba Health Savings Trust's primary purpose is to fund medical expense reimbursements under a Health Reimbursement Arrangement. This trust serves 738 members, providing financial support for their medical care expenses totaling $463,554. By offering this reimbursement service, the trust aims to alleviate some of the financial burden associated with medical expenses for its members. The trust operates within the framework of a Health Reimbursement Arrangement, a specialized financial plan designed to help individuals cover their healthcare expenses.
Who is the CEO of City Of Appleton Veba Health Savings Trust?
Voya Institutional Trust is the Principal Officer of City Of Appleton Veba Health Savings Trust.
What is the revenue of City Of Appleton Veba Health Savings Trust?
City Of Appleton Veba Health Savings Trust's revenue in 2020 was $894,031.
Who are the executives of City Of Appleton 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 Appleton Veba Health Savings Trust?
City Of Appleton Veba Health Savings Trust's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of City Of Appleton Veba Health Savings Trust
The City of Appleton Veba Health Savings Trust is an organization dedicated to funding medical expense reimbursements under a Health Reimbursement Arrangement. Its primary mission is to support 738 members who require medical care by providing financial assistance. This health reimbursement arrangement resulted in the coverage of medical expenses amounting to $463,554. The trust's role is crucial in alleviating the financial burden associated with medical expenses for its members, ensuring they can access necessary healthcare services without undue financial strain.
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Impact
October, 2024
The City of Appleton VEBA Health Savings Trust plays a crucial role in providing financial support for medical expenses, ensuring that members have access to necessary healthcare services without bearing the full burden of the costs. By facilitating a health reimbursement arrangement, it has made a significant impact on the lives of its 738 members in Appleton, Wisconsin. In the fiscal year reported, the Trust allocated $463,554 to reimburse medical expenses, demonstrating a substantial commitment to the health and well-being of the community.
This financial assistance not only alleviates the immediate financial strain associated with medical care but also encourages individuals to seek necessary treatments and services, promoting overall health within the community. By funding these reimbursements, the Trust contributes to a supportive environment where members can prioritize their health without overwhelming financial concern, ultimately fostering a healthier population in Appleton.
This information is meant to be a general summary of City Of Appleton 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 2020.
- Investment Income: $657,266
- Program Service Revenue: $236,765
- Gross Receipts: $894,031
Assets and Liabilities:
- Total Assets: $4,579,309
- Total Liabilities: $0
- Net Assets: $4,579,309
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTION
Revenue
$236,765
Organization Details
Founding Year
2019
Phone
(920) 832-6455Principal Officer
Voya Institutional Trust
Main Address
100 NORTH APPLETON STREET, APPLETON, WI, 54911
NTEE Category
Code: Y43 - Mutual benefit
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