Belmond Klemme Community School District VEBA Trust

Overview

The Belmond Klemme Community School District VEBA Trust is associated with the Belmond-Klemme Community School District, a rural public school district located in Iowa. However, specific information regarding the VEBA Trust, such as its establishment date or operational details, is not readily available.

Association with Belmond-Klemme Community School District

The Belmond-Klemme Community School District itself is a local entity that serves communities in Hancock, Wright, and Franklin counties. It offers education from kindergarten through 12th grade and operates several schools, including Richard O. Jacobson Elementary, Belmond-Klemme Alternative High School, and Belmond-Klemme Jr-Sr High School.

VEBA Trusts in General

VEBA (Voluntary Employees Beneficiary Association) Trusts are typically used by organizations to manage benefits for employees. These trusts can be used to administer health benefits, life insurance, and other employee benefits. They are often established to comply with tax laws and regulations governing such employee benefit plans.

Financial and Operational Context

While specific details about the Belmond Klemme Community School District VEBA Trust's finances or operations are not available, its association with a school district suggests it may be involved in managing benefits for district employees. As a nonprofit organization, it would operate under the relevant federal and state regulations governing tax-exempt entities.

Regulatory Compliance

As a nonprofit with an Employer Identification Number (EIN), the trust would be subject to reporting requirements and governance standards for nonprofit organizations in the United States.

Conclusion

The Belmond Klemme Community School District VEBA Trust operates within the context of supporting employee benefits for the associated school district. However, detailed information on its activities, establishment, or specific financial details is limited without further data.