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Nonprofit · EIN 35-2448275

ASC1 INC VEBA HEALTH SAVINGS TR

Tax-exempt · MADISON, WI 53718

Financials

$111K$5K2024$34K$9K2025
Revenue Expenses · by fiscal year end
Financials of ASC1 INC VEBA HEALTH SAVINGS TR by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$33,822$8,859$24,963$165,347$0$165,347
December 31, 2024990-EZ$111,362$4,954$106,408$135,988$0$135,988
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Program service revenue
$33,716
Net gain from sales of assets
$106

Expenses

Benefits paid to members
$7,125
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Other expenses
$1,734
Program services (functional)
$7,125

Balance sheet and other

Total assets, start of year
$135,988
Total assets, end of year
$165,347
Total liabilities, end of year
$0
Net assets, end of year
$165,347
Cash, savings and investments
$165,347
Gross receipts
$42,572

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Hand Benefit Trust CoTrustee1$0
990-EZ for the year ended December 31, 2024: 1 people
NameTitleHours / weekCompensation
Hand Benefit Trust CoTrustee1$0

Address and contacts

Address (IRS master file)
3412 MCALLENS WAY, MADISON, WI 53718-7102
In care of
% ASC INC
Mailing address (990-N for 2023)
5817 Femrite Drive, Madison WI 53718
Signed the 990-EZ
Norman Addington, Executive Director
Phone
(608) 241-6809

Mission

ASC1, INC'S HRA FUNDS MEDICAL EXPENSES FOR PLAN'S PARTICIPANTS.

990-EZ for the year ended December 31, 2025

Program accomplishments

  • Health Reimbursement Arrangement funded by the organization with approximately 43 participants receiving eligible medical reimbursements in the amount of $7,124.83.
    Expenses $7,125

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-EZ on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-N on file

IRS record

EIN
35-2448275
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Donations deductible
No
Exempt since
2014
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$165,347
Income (IRS master file)
$42,572

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$33,822$8,859$165,347XML
990-EZDecember 2024$111,362$4,954$135,988XML
990-N for 2023December 31, 2023≤ $50,000 receipts––e-Postcard
990-N for 2022
Officer: Norman Addington
December 31, 2022≤ $50,000 receipts––e-Postcard
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-N for 2016December 31, 2016≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 35-2448275).

Questions about ASC1 INC VEBA HEALTH SAVINGS TR

What is the EIN of ASC1 INC VEBA HEALTH SAVINGS TR?
The employer identification number (EIN) of ASC1 INC VEBA HEALTH SAVINGS TR is 35-2448275.
Is ASC1 INC VEBA HEALTH SAVINGS TR tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 2014.
Are donations to ASC1 INC VEBA HEALTH SAVINGS TR tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does ASC1 INC VEBA HEALTH SAVINGS TR file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of ASC1 INC VEBA HEALTH SAVINGS TR due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ASC1 INC VEBA HEALTH SAVINGS TR last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who are the officers and directors of ASC1 INC VEBA HEALTH SAVINGS TR?
The 990-EZ for the year ended December 31, 2025 lists 1 person; 0 received compensation from the organization.
How much revenue does ASC1 INC VEBA HEALTH SAVINGS TR have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $33,822, expenses of $8,859 and total assets of $165,347 at year end.

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