Chs Community Health Systems Inc Veba Trust

Organization Overview

Chs Community Health Systems Inc Veba Trust is located in Franklin, TN. The organization was established in 2002. 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. Chs Community Health Systems Inc Veba Trust is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 12/2023, Chs Community Health Systems Inc Veba Trust generated $708.3m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $708.3m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THIS ORGANIZATION IS A VEBA TRUST SET UP FOR THE SOLE PURPOSE OF PAYING HEALTH AND WELFARE CLAIMS FOR CERTAIN EMPLOYEES OF SUBSIDIARIES OF COMMUNITY HEALTH SYSTEMS, INC.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE VEBA TRUST PAID HEALTH AND WELFARE CLAIMS FOR CERTAIN EMPLOYEES OF SUBSIDIARIES OF COMMUNITY HEALTH SYSTEMS, INC.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$708,282,972
Investment income $324
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $708,283,296

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