Nonprofit · EIN 45-5362339
VILLAGE OF SCHAUMBURG VEBA HEALTH SAVINGS PLAN
Tax-exempt · SCHAUMBURG, IL 60193
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,713,418 | $1,285,516 | $427,902 | $8,425,877 | $0 | $8,425,877 |
| December 31, 2023 | 990 | $1,504,251 | $1,214,158 | $290,093 | $7,698,612 | $0 | $7,698,612 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,624,972
- Investment income
- $88,446
- Net gain from sales of assets
- $42,621
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $1,223,372
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $1,223,372
- Management and general (functional)
- $62,144
Balance sheet and other
- Total assets, start of year
- $7,698,612
- Total assets, end of year
- $8,425,877
- Total liabilities, end of year
- $0
- Net assets, end of year
- $8,425,877
- Publicly traded securities
- $8,425,877
- Gross receipts
- $3,711,239
- Employees
- 0
- Year formed
- 2012
- State of legal domicile
- IL
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 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Hand Benefit Trust Co | Trustee Institutional trustee | 1 | $0 |
990 for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Hand Benefit Trust Co | Trustee Institutional trustee | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 101 SCHAUMBURG CT, SCHAUMBURG, IL 60193-1881
- In care of
- % VILLAGE OF SCHAUMBURG
- Principal officer (990 for 2024)
- Hand Benefit and Trust Co, 820 Gessner Road, Houston, TX 77024
- Signed the 990
- Lisa Petersen, Director of Finance
- Phone
- (847) 923-3900
Mission
TO FUND REIMBURSEMENT OF MEDICAL EXPENSES UNDER A HEALTH REIMBURSEMENT ARRANGEMENT.
Program accomplishments
- Health reimbursement arrangement funded by the organization benefitting 753 participants for 2024.Expenses $1,223,372
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 45-5362339
- Tax-exempt status
- 501(c)(9): Voluntary employees' beneficiary association
- Donations deductible
- No
- Exempt since
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Mutual and membership benefit (Y43)
- Assets (IRS master file)
- $8,425,877
- Income (IRS master file)
- $3,711,239
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,713,418 | $1,285,516 | $8,425,877 | XML |
| 990 | December 2023 | $1,504,251 | $1,214,158 | $7,698,612 | XML |
| 990 | December 2022 | $1,681,272 | $893,742 | $7,159,804 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
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 45-5362339).
Questions about VILLAGE OF SCHAUMBURG VEBA HEALTH SAVINGS PLAN
- What is the EIN of VILLAGE OF SCHAUMBURG VEBA HEALTH SAVINGS PLAN?
- The employer identification number (EIN) of VILLAGE OF SCHAUMBURG VEBA HEALTH SAVINGS PLAN is 45-5362339.
- Is VILLAGE OF SCHAUMBURG VEBA HEALTH SAVINGS PLAN tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 2014.
- Are donations to VILLAGE OF SCHAUMBURG VEBA HEALTH SAVINGS PLAN tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does VILLAGE OF SCHAUMBURG VEBA HEALTH SAVINGS PLAN file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of VILLAGE OF SCHAUMBURG VEBA HEALTH SAVINGS PLAN due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did VILLAGE OF SCHAUMBURG VEBA HEALTH SAVINGS PLAN last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of VILLAGE OF SCHAUMBURG VEBA HEALTH SAVINGS PLAN?
- The 990 for the year ended December 31, 2024 names Hand Benefit and Trust Co.
- Who are the officers and directors of VILLAGE OF SCHAUMBURG VEBA HEALTH SAVINGS PLAN?
- The 990 for the year ended December 31, 2024 lists 1 person; 0 received compensation from the organization.
- How much revenue does VILLAGE OF SCHAUMBURG VEBA HEALTH SAVINGS PLAN have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,713,418, expenses of $1,285,516 and total assets of $8,425,877 at year end.
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