Overview
What is Edina Public Schools Health Reimbursement Arrangement?
Edina Public Schools Health Reimbursement Arrangement is a program designed to support 400 eligible employees by offering reimbursement for eligible health care expenses during the 2022 plan year. Based in Edina, Minnesota, this initiative is part of Edina Public Schools, providing a financial assistance opportunity for its employees to manage their health care expenses. The program's purpose is aligned with the organization's commitment to employee well-being, enhancing their overall quality of life.
Is Edina Public Schools Health Reimbursement Arrangement legitimate?
Edina Public Schools Health Reimbursement Arrangement is a legitimate nonprofit organization registered as a 501(c)(9) entity. Edina Public Schools Health Reimbursement Arrangement 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
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What is the mission statement of Edina Public Schools Health Reimbursement Arrangement?
The Edina Public Schools Health Reimbursement Arrangement does not have a traditional mission statement in the sense of promoting a cause or supporting a community. However, its purpose can be summarized as providing a reimbursement opportunity for certain health care expenses for eligible employees. This benefit is intended to assist these employees in managing their healthcare costs, thereby enhancing their overall well-being. The plan, which catered to 400 participants during the 2022 plan year, aims to alleviate some of the financial burden associated with health care expenses.
Who is the CEO of Edina Public Schools Health Reimbursement Arrangement?
Bpas is the Principal Officer of Edina Public Schools Health Reimbursement Arrangement.
What is the revenue of Edina Public Schools Health Reimbursement Arrangement?
Edina Public Schools Health Reimbursement Arrangement's revenue in 2022 was $212,955.
Who are the executives of Edina Public Schools Health Reimbursement Arrangement and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Edina Public Schools Health Reimbursement Arrangement?
Edina Public Schools Health Reimbursement Arrangement's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Edina Public Schools Health Reimbursement Arrangement
Edina Public Schools Health Reimbursement Arrangement, in essence, serves to offer eligible employees the chance to recoup expenses related to their health care. By providing this opportunity, the plan aims to alleviate some of the financial burden associated with health care costs for a substantial number of employees, estimated to be 400 participants, during the 2022 plan year. In essence, the plan's mission is to offer a financial aid mechanism for health care expenses, thereby enhancing the overall well-being of its participating employees.
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Impact
October, 2024
The Edina Public Schools Health Reimbursement Arrangement (HRA) significantly impacts employees by providing a financial mechanism for health care expense reimbursement. This arrangement allows around 400 participants to defray out-of-pocket medical costs, enhancing their overall financial health and encouraging them to seek necessary medical care without the burden of high expenses.
By facilitating reimbursements for eligible health care expenses, the HRA supports employees in managing their health-related financial obligations. This can lead to improved employee satisfaction and well-being, as it reduces the financial strain associated with medical expenses. Additionally, the HRA contributes to a healthier workforce, aligning with broader educational and community goals by promoting employee wellness.
Overall, the Edina Public Schools HRA serves as a vital tool for employee support, fostering loyalty and enhancing the benefits offered to staff, which can ultimately lead to a more productive and engaged workforce.
This information is meant to be a general summary of Edina Public Schools Health Reimbursement Arrangement. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $20,265
- Program Service Revenue: $192,690
- Gross Receipts: $212,955
Assets and Liabilities:
- Total Assets: $1,369,395
- Total Liabilities: $0
- Net Assets: $1,369,395
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$192,690
Organization Details
Founding Year
2007
Phone
(952) 848-4980Principal Officer
Bpas
Main Address
5701 Normandale Road, Edina, MN, 55424
NTEE Category
Code: Y20 - Mutual benefit
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