Overview
What is Ups Dispatchers Union Veba Trust?
Ups Dispatchers Union Veba Trust is a nonprofit organization situated in Louisville, Kentucky, with a postal address at PO Box 33054. Its primary purpose is to manage a Health Reimbursement Arrangement (HRA) for approximately 118 participants, providing financial assistance to cover their medical expenses, totaling $25,318. The organization's mission revolves around funding medical expenses under this HRA, ensuring that eligible individuals can afford necessary healthcare services.
Is Ups Dispatchers Union Veba Trust legitimate?
Ups Dispatchers Union Veba Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Ups Dispatchers Union 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
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What is the mission statement of Ups Dispatchers Union Veba Trust?
The Ups Dispatchers Union Veba Trust is dedicated to funding the reimbursement of medical expenses under a Health Reimbursement Arrangement. This organization provides financial assistance to its approximately 118 participants who seek medical care, covering expenses totaling $25,318. The trust's purpose is to support its members in managing their healthcare costs, ensuring they have access to necessary medical care. The Health Reimbursement Arrangement serves as a safety net for the participants, providing financial relief for their medical expenses.
Who is the CEO of Ups Dispatchers Union Veba Trust?
Matrix Trust Company is the Trustee of Ups Dispatchers Union Veba Trust.
What is the revenue of Ups Dispatchers Union Veba Trust?
Ups Dispatchers Union Veba Trust's revenue in 2022 was $269,309.
Who are the executives of Ups Dispatchers Union Veba 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 Ups Dispatchers Union Veba Trust?
Ups Dispatchers Union Veba Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ups Dispatchers Union Veba Trust
Ups Dispatchers Union Veba Trust is an organization dedicated to funding medical expense reimbursements under a Health Reimbursement Arrangement. Their mission is to provide financial support for the medical needs of approximately 118 participants, enabling them to cover necessary healthcare costs. By overseeing this arrangement, Ups Dispatchers Union Veba Trust plays a crucial role in assisting its members in managing their medical expenses, thereby alleviating some of the financial burdens associated with healthcare.
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Impact
October, 2024
The UPS Dispatchers Union VEBA Trust plays a crucial role in providing financial support for medical expenses through its health reimbursement arrangement. By facilitating reimbursement for healthcare costs, it alleviates the financial burden on approximately 118 participants, who collectively received over $25,000 in medical care. This impact is significant, as it directly contributes to the well-being of its members in Louisville, KY, ensuring they have access to necessary healthcare services without the added stress of high out-of-pocket expenses. By focusing on this reimbursement framework, the Trust promotes mutual benefit and reinforces the value of community health support among union members.
This information is meant to be a general summary of Ups Dispatchers Union 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $12,229
- Program Service Revenue: $257,080
- Gross Receipts: $269,309
Assets and Liabilities:
- Total Assets: $526,053
- Total Liabilities: $0
- Net Assets: $526,053
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTION
Revenue
$257,080
Organization Details
Founding Year
2020
Phone
(502) 654-5032Principal Officer
Matrix Trust Company
Main Address
PO BOX 33054, LOUISVILLE, KY, 40232
NTEE Category
Code: Y43 - Mutual benefit
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