City Of Inver Grove Heights Hra Plan Trust

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 202485083 ✦ Inver grove heights, MN ✦ Designated as a 501(c)(9)

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Overview

What is City Of Inver Grove Heights Hra Plan Trust?

City of Inver Grove Heights HRA Plan Trust is a nonprofit organization situated in Inver Grove Heights, Minnesota. Their primary mission is to fund the reimbursement of medical expenses under a health reimbursement arrangement. According to the provided information, the trust had around 77 participants who made use of medical services, totaling approximately $27,536. The trust's operations are focused on providing financial assistance for healthcare-related expenses, supporting individuals in managing their medical costs.

Is City Of Inver Grove Heights Hra Plan Trust legitimate?

City Of Inver Grove Heights Hra Plan Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. City Of Inver Grove Heights Hra Plan Trust submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of City Of Inver Grove Heights Hra Plan Trust?

The City of Inver Grove Heights HRA Plan Trust's primary objective is to provide funding for the reimbursement of medical expenses under a health reimbursement arrangement. This organization facilitates the reimbursement process for approximately 77 participants who incur medical expenses, as per the information provided. While the Trust itself does not offer direct medical care, it serves as a financial resource to aid individuals in managing their healthcare-related costs.

Who is the CEO of City Of Inver Grove Heights Hra Plan Trust?

Hand Benefit Trust Co is the Trustee of City Of Inver Grove Heights Hra Plan Trust.

What is the revenue of City Of Inver Grove Heights Hra Plan Trust?

City Of Inver Grove Heights Hra Plan Trust's revenue in 2022 was $72,691.

Who are the executives of City Of Inver Grove Heights Hra Plan Trust and what are their salaries?


There is 1 key member and their salary:


Hand Benefit Trust Co (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for City Of Inver Grove Heights Hra Plan Trust?

City Of Inver Grove Heights Hra Plan Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of City Of Inver Grove Heights Hra Plan Trust

The City of Inver Grove Heights HRA Plan Trust is an organization dedicated to funding the reimbursement of medical expenses under a Health Reimbursement Arrangement. This mission involves providing financial assistance to individuals who incur medical expenses, with approximately 77 participants benefiting from these services, totalling $27,536 in medical care. By offering this support, the City of Inver Grove Heights HRA Plan Trust aims to alleviate some of the financial burden associated with healthcare costs, thereby enabling individuals to access necessary medical care.

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Impact




October, 2024

The City of Inver Grove Heights HRA Plan Trust provides significant support for participants by funding reimbursement of medical expenses under a health reimbursement arrangement. With approximately 77 individuals benefiting from this program, the trust has facilitated access to necessary medical care, covering expenses totaling $27,536. This financial assistance helps alleviate the burden of healthcare costs for community members, ensuring they receive the medical attention they need. By enhancing financial security related to health expenses, the trust promotes well-being within the Inver Grove Heights community.




This information is meant to be a general summary of City Of Inver Grove Heights Hra Plan Trust. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$72,691 (2022)
Expenses
$53,698 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,207
  • Program Service Revenue: $71,484
  • Gross Receipts: $126,807

Assets and Liabilities:

  • Total Assets: $276,457
  • Total Liabilities: $0
  • Net Assets: $276,457

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

EMPLOYER CONTRIBUTION

Revenue

$71,484

Organization Details

Founding Year

2005

Principal Officer

Hand Benefit Trust Co

Main Address

8150 Barbara Avenue, Inver Grove Heights, MN, 55077

NTEE Category

Code: Y44 - Mutual benefit

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