Northwestern Health Sciences Univ Veba Health Savings Trust Ii
- Assets
- $303.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bloomington, MN
- Founding
- 10/2009
- Data as of
- 12/2021
- EIN
- 26-4814486
Organization Overview
Northwestern Health Sciences Univ Veba Health Savings Trust Ii is located in Bloomington, MN. The organization was established in 2009. According to its NTEE Classification (Y43) the organization is classified as: Voluntary Employees Beneficiary Associations (Non-Government), under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northwestern Health Sciences Univ Veba Health Savings Trust Ii is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 12/2021, Northwestern Health Sciences Univ Veba Health Savings Trust Ii generated $8.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (36.3%) each year. All expenses for the organization totaled $45.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
HEALTH REIMBURSEMENT ARRANGEMENT BY ORGANIZATION HAD APPROXIMATELY 53 PARTICIPANTS WHO RECEIVED MEDICAL CARE IN THE AMOUNT OF $40,415.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $2,468 |
| Membership dues | $0 |
| Investment income | $5,849 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $8,317 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $40,415 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $5,258 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $45,673 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $303,065 |
| Other assets | $0 |
| Total assets | $303,065 |
| Total liabilities | $0 |
| Net assets or fund balances | $303,065 |
Peer Organizations
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|---|---|---|
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State Chemical Veba Trust Milwaukee, WI | $1,704,739 | $7,504,552 |
Plasterers And Cabinet Makers Health Fund Bloomington, MN | $8,022,574 | $6,307,266 |
Diocese Of St Cloud Non Erisa Health Benefit Plan St Cloud, MN | $2,126,725 | $5,836,332 |
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3m Employees Welfare Benefits Association Trust Iii Agreement St Paul, MN | $7,144,101 | $4,077,707 |
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