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Nonprofit · EIN 20-5248695

CITY OF FRIDLEY VEBA HEALTH SAVINGS PLAN

Tax-exempt · FRIDLEY, MN 55432

Financials

$28K$45K2023$24K$28K2024
Revenue Expenses · by fiscal year end
Financials of CITY OF FRIDLEY VEBA HEALTH SAVINGS PLAN by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$24,415$27,560-$3,145$129,378$0$129,378
December 31, 2023990$27,914$44,570-$16,656$128,638$0$128,638
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$22,900
Investment income
$1,515
Net gain from sales of assets
$687
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$26,459
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$26,459
Management and general (functional)
$1,101

Balance sheet and other

Total assets, start of year
$128,638
Total assets, end of year
$129,378
Total liabilities, end of year
$0
Net assets, end of year
$129,378
Publicly traded securities
$129,378
Gross receipts
$55,549
Employees
0
Year formed
2006
State of legal domicile
MN

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.

NameTitleHours / weekCompensation
Hand Benefit Trust CoTrustee
Institutional trustee
1$0
990 for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
Hand Benefit Trust CoTrustee
Institutional trustee
1$0

Address and contacts

Address (IRS master file)
7071 UNIVERSITY AVE NE, FRIDLEY, MN 55432-3111
In care of
% BPAS
Principal officer (990 for 2024)
Hand Benefit Trust Co, 820 Gessner Rd Suite 1250, Houston, TX 77024
Signed the 990
Wally Wysopal, City Manager
Phone
(761) 571-3450

Mission

A VOLUNTARY EMPLOYEES' BENEFICIARY ASSOCIATION (VEBA)TO FUND REIMBURSEMENT OF ELIGIBLE MEDICAL EXPENSES UNDER A HEALTH REIMBURSEMENT ARRANGEMENT

990 for the year ended December 31, 2024

Program accomplishments

  • Health Reimbursement Arrangement funded by City of Fridley VEBA Health Savings Plan benefiting 66 participants throughout the plan year 2024.
    Expenses $26,459

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
20-5248695
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Donations deductible
No
Exempt since
2007
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$129,378
Income (IRS master file)
$55,549

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$24,415$27,560$129,378XML
990December 2023$27,914$44,570$128,638XML
990December 2022$22,873$27,528$141,072IRS
990December 2021$27,420$26,612$149,629IRS
990December 2020–––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 20-5248695).

Questions about CITY OF FRIDLEY VEBA HEALTH SAVINGS PLAN

What is the EIN of CITY OF FRIDLEY VEBA HEALTH SAVINGS PLAN?
The employer identification number (EIN) of CITY OF FRIDLEY VEBA HEALTH SAVINGS PLAN is 20-5248695.
Is CITY OF FRIDLEY VEBA HEALTH SAVINGS PLAN tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 2007.
Are donations to CITY OF FRIDLEY VEBA HEALTH SAVINGS PLAN tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does CITY OF FRIDLEY 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 CITY OF FRIDLEY 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 CITY OF FRIDLEY 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 CITY OF FRIDLEY VEBA HEALTH SAVINGS PLAN?
The 990 for the year ended December 31, 2024 names Hand Benefit Trust Co.
Who are the officers and directors of CITY OF FRIDLEY 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 CITY OF FRIDLEY VEBA HEALTH SAVINGS PLAN have?
On its 990 for the year ended December 31, 2024 it reported revenue of $24,415, expenses of $27,560 and total assets of $129,378 at year end.

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