St Louis Park Schools Isd 283 Veba Health Savings Trust

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

EIN: 853013432 ✦ St louis park, MN ✦ Designated as a 501(c)(9)

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Overview

What is St Louis Park Schools Isd 283 Veba Health Savings Trust?

St. Louis Park Schools Isd 283 Veba Health Savings Trust is a nonprofit entity based in St. Louis Park, Minnesota, with an address at 6425 West 33rd Street. Its primary mission is to finance the reimbursement of medical expenses for its participants through a Health Reimbursement Arrangement (HRA). This nonprofit organization aims to support individuals in covering their healthcare costs under this arrangement, providing financial assistance for essential medical needs.

Is St Louis Park Schools Isd 283 Veba Health Savings Trust legitimate?

St Louis Park Schools Isd 283 Veba Health Savings Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. St Louis Park Schools Isd 283 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

For more financial information, click here

What is the mission statement of St Louis Park Schools Isd 283 Veba Health Savings Trust?

The mission of St Louis Park Schools Isd 283 Veba Health Savings Trust is centered around funding the reimbursement of medical expenses for its participants. This is done through a Health Reimbursement Arrangement (HRA), a financial benefit that assists individuals in managing their health care costs. The organization's primary activity involves paying for various health care expenses on behalf of its participants, ensuring they have financial support when dealing with medical needs.

Who is the CEO of St Louis Park Schools Isd 283 Veba Health Savings Trust?

Patricia Magnuson is the Trustee of St Louis Park Schools Isd 283 Veba Health Savings Trust.

What is the revenue of St Louis Park Schools Isd 283 Veba Health Savings Trust?

St Louis Park Schools Isd 283 Veba Health Savings Trust's revenue in 2022 was $537,371.

Who are the executives of St Louis Park Schools Isd 283 Veba Health Savings Trust and what are their salaries?


There is 1 key member and their salary:


Matrix Trust Company Llc (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for St Louis Park Schools Isd 283 Veba Health Savings Trust?

St Louis Park Schools Isd 283 Veba Health Savings Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of St Louis Park Schools Isd 283 Veba Health Savings Trust

St. Louis Park Schools Isd 283 Veba Health Savings Trust's primary mission is to fund the reimbursement of medical expenses under a Health Reimbursement Arrangement. This organization serves to support participants by covering their healthcare costs through its Health Reimbursement Arrangement. By doing so, St. Louis Park Schools Isd 283 Veba Health Savings Trust aims to alleviate some of the financial burden associated with medical expenses, thereby contributing to the overall well-being of its participants.

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Impact




October, 2024

St. Louis Park Schools ISD 283 VEBA Health Savings Trust significantly impacts its community by providing a structured approach to managing healthcare expenses for participants. By funding reimbursements for medical expenses through a Health Reimbursement Arrangement (HRA), it alleviates financial burdens associated with healthcare. Participants benefit from enhanced access to necessary medical services, contributing to better overall health outcomes. Furthermore, the trust fosters a supportive environment that encourages healthier living among its members, promoting preventive care and cost-effective healthcare spending. Overall, the trust plays a vital role in ensuring that educators and staff have the financial resources necessary to address their healthcare needs effectively.




This information is meant to be a general summary of St Louis Park Schools Isd 283 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
$537,371 (2022)
Expenses
$496,066 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,834
  • Program Service Revenue: $534,537
  • Gross Receipts: $537,371

Assets and Liabilities:

  • Total Assets: $1,784,409
  • Total Liabilities: $0
  • Net Assets: $1,784,409

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$534,537

Organization Details

Principal Officer

Patricia Magnuson

Main Address

6425 WEST 33TH STREET, ST LOUIS PARK, MN, 55426

NTEE Category

Code: Y40 - Mutual benefit

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