Overview
What is Mounds View Public Schools Health Reimbursement Trust?
Mounds View Public Schools Health Reimbursement Trust is a nonprofit entity situated at 4570 Victoria St N, Shoreview, MN 55126. Primarily functioning as a Voluntary Employees' Beneficiary Association (VEBA), its primary objective is to fund eligible medical expenses for 1276 participants under a health reimbursement arrangement during the plan year 2021. By offering this service, the trust aims to contribute to the wellbeing and healthcare needs of its participants within the Mounds View Public Schools community.
Is Mounds View Public Schools Health Reimbursement Trust legitimate?
Mounds View Public Schools Health Reimbursement Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Mounds View Public Schools Health Reimbursement 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 Mounds View Public Schools Health Reimbursement Trust?
The Mounds View Public Schools Health Reimbursement Trust operates as a Voluntary Employees' Beneficiary Association (VEBA), serving as a fund to reimburse eligible medical expenses under a health reimbursement arrangement. The primary goal of this trust is to support its 1276 participants during the plan year 2021, providing financial assistance for their medical needs. This trust acts as a safety net, helping individuals manage their healthcare expenses within the framework of their health reimbursement arrangement.
Who is the CEO of Mounds View Public Schools Health Reimbursement Trust?
Mounds View Public School is the Principal Officer of Mounds View Public Schools Health Reimbursement Trust.
What is the revenue of Mounds View Public Schools Health Reimbursement Trust?
Mounds View Public Schools Health Reimbursement Trust's revenue in 2022 was $858,984.
Who are the executives of Mounds View Public Schools Health Reimbursement 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 Mounds View Public Schools Health Reimbursement Trust?
Mounds View Public Schools Health Reimbursement Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mounds View Public Schools Health Reimbursement Trust
Mounds View Public Schools Health Reimbursement Trust, as a Voluntary Employees' Beneficiary Association (VEBA), is dedicated to funding the reimbursement of eligible medical expenses under a Health Reimbursement Arrangement. This nonprofit organization aims to support 1276 participants by covering their healthcare-related costs, thereby alleviating some of the financial burden associated with medical treatments during the plan year 2021. By providing this benefit, Mounds View Public Schools Health Reimbursement Trust plays a crucial role in ensuring that its participants have access to necessary medical care without facing undue financial strain.
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Impact
October, 2024
Mounds View Public Schools Health Reimbursement Trust plays a significant role in supporting the health and financial well-being of its participants. By operating a voluntary employee's beneficiary association (VEBA), it facilitates the funding of reimbursements for eligible medical expenses through a health reimbursement arrangement. This structure benefits a substantial number of individuals—1,276 participants in the 2021 plan year—by providing them with financial assistance to cover healthcare costs.
The trust not only alleviates the burden of medical expenses but also promotes better health management among employees of Mounds View Public Schools. By ensuring that eligible medical expenses can be reimbursed, the Trust incentivizes proactive health care utilization, ultimately leading to healthier outcomes for staff. This financial support contributes to a healthier workforce, fosters employee satisfaction, and helps retain talented educators and staff in the Shoreview, MN area.
This information is meant to be a general summary of Mounds View Public Schools Health Reimbursement 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: $12,568
- Program Service Revenue: $846,416
- Gross Receipts: $1,596,498
Assets and Liabilities:
- Total Assets: $2,869,848
- Total Liabilities: $0
- Net Assets: $2,869,848
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Organization Details
Founding Year
2009
Phone
(651) 621-6007Principal Officer
Mounds View Public School
Main Address
4570 Victoria St N, Shoreview, MN, 55126
NTEE Category
Code: Y44 - Mutual benefit
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