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Nonprofit · EIN 47-3042220

CITY OF ANNAPOLIS VEBA HEALTH SAVINGS TRUST

Tax-exempt · ANNAPOLIS, MD 21401

Financials

$885K$216K2023$1M$217K2024$1.2M$298K2025
Revenue Expenses · by fiscal year end
Financials of CITY OF ANNAPOLIS VEBA HEALTH SAVINGS TRUST by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$1,164,885$297,981$866,904$9,473,449$0$9,473,449
December 31, 2024990$1,019,704$217,332$802,372$7,756,232$0$7,756,232
December 31, 2023990$885,446$215,897$669,549$6,512,535$0$6,512,535
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$734,929
Investment income
$429,956
Net gain from sales of assets
$39,539
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$239,060
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$239,060
Management and general (functional)
$58,921

Balance sheet and other

Total assets, start of year
$7,756,232
Total assets, end of year
$9,473,449
Total liabilities, end of year
$0
Net assets, end of year
$9,473,449
Publicly traded securities
$9,473,449
Gross receipts
$1,618,756
Employees
0
Year formed
2014
State of legal domicile
MD

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
Hand Benefit Trust CoTrustee
Institutional trustee
1$0
990 for the year ended December 31, 2024: 1 people
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)
145 GORMAN STREET 2ND FLOOR, ANNAPOLIS, MD 21401-2529
In care of
% BPAS
Principal officer (990 for 2025)
Hand Benefit Trust Co, 820 Gessner Rd Suite 1250, Houston, TX 77024
Signed the 990
Brittany Moran, Finance Director
Phone
(410) 263-7998

Mission

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

990 for the year ended December 31, 2025

Program accomplishments

  • Health Reimbursement Arrangement funded by the organization benefitting 450 participants throughout plan year 2025
    Expenses $239,060

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
47-3042220
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Donations deductible
No
Exempt since
2017
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$9,473,449
Income (IRS master file)
$1,618,756

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$1,164,885$297,981$9,473,449XML
990December 2024$1,019,704$217,332$7,756,232XML
990December 2023$885,446$215,897$6,512,535XML
990December 2022$706,201$194,514$5,198,941IRS
990December 2021–––IRS
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 47-3042220).

Questions about CITY OF ANNAPOLIS VEBA HEALTH SAVINGS TRUST

What is the EIN of CITY OF ANNAPOLIS VEBA HEALTH SAVINGS TRUST?
The employer identification number (EIN) of CITY OF ANNAPOLIS VEBA HEALTH SAVINGS TRUST is 47-3042220.
Is CITY OF ANNAPOLIS VEBA HEALTH SAVINGS TRUST tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 2017.
Are donations to CITY OF ANNAPOLIS VEBA HEALTH SAVINGS TRUST tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does CITY OF ANNAPOLIS VEBA HEALTH SAVINGS TRUST 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 ANNAPOLIS VEBA HEALTH SAVINGS TRUST 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 CITY OF ANNAPOLIS VEBA HEALTH SAVINGS TRUST last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of CITY OF ANNAPOLIS VEBA HEALTH SAVINGS TRUST?
The 990 for the year ended December 31, 2025 names Hand Benefit Trust Co.
Who are the officers and directors of CITY OF ANNAPOLIS VEBA HEALTH SAVINGS TRUST?
The 990 for the year ended December 31, 2025 lists 1 person; 0 received compensation from the organization.
How much revenue does CITY OF ANNAPOLIS VEBA HEALTH SAVINGS TRUST have?
On its 990 for the year ended December 31, 2025 it reported revenue of $1,164,885, expenses of $297,981 and total assets of $9,473,449 at year end.

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