Stillwater Isd 834 Hra 1050003671

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

EIN: 262917599 ✦ Clinton, IA ✦ Designated as a 501(c)(9)

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Overview

What is Stillwater Isd 834 Hra 1050003671?

Stillwater Isd 834 Hra 1050003671 is a nonprofit organization, specifically a Health Reimbursement Arrangement (HRA), established to provide qualified health and welfare benefits to both active and former employees of the associated school district. The trust's mission is to cover health-related expenses for its employees as permitted by Section 501(C)(9) of the Internal Revenue Code. The funds allocated are utilized in accordance with the organization's stated mission, thereby offsetting the costs associated with administering the plan.

Is Stillwater Isd 834 Hra 1050003671 legitimate?

Stillwater Isd 834 Hra 1050003671 is a legitimate nonprofit organization registered as a 501(c)(9) entity. Stillwater Isd 834 Hra 1050003671 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 Stillwater Isd 834 Hra 1050003671?

The mission of Stillwater Isd 834 Hra 1050003671, as established, is centered around providing qualified health and welfare benefits to its active and former employees. This is achieved through a Health Reimbursement Arrangement (HRA). The trust's primary goal is to offer health reimbursement benefits as outlined in the related plan, and to cover health expenses in compliance with Section 501(C)(9) of the Internal Revenue Code. All expenses incurred by the beneficiaries are applied in accordance with the stated mission, and the plan is administered to defray its associated costs.

Who is the CEO of Stillwater Isd 834 Hra 1050003671?

Steve R Sherman is the Trustee of Stillwater Isd 834 Hra 1050003671.

What is the revenue of Stillwater Isd 834 Hra 1050003671?

Stillwater Isd 834 Hra 1050003671's revenue in 2022 was $1,568,150.

Who are the executives of Stillwater Isd 834 Hra 1050003671 and what are their salaries?


There is 1 key member and their salary:


Washington Trust Bank (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $803
Where can I find the form 990 for Stillwater Isd 834 Hra 1050003671?

Stillwater Isd 834 Hra 1050003671's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Stillwater Isd 834 Hra 1050003671

Stillwater ISD 834 HRA 1050003671, as a trust, has been established with a mission to provide qualified health and welfare benefits to its active and former employees. This is done through a Health Reimbursement Arrangement (HRA), as outlined in the related plan. The trust's objective is to offer payments for health expenses, in line with the provisions of Section 501(c)(9) of the Internal Revenue Code. The mission of Stillwater ISD 834 HRA 1050003671 is carried out by applying all incurred expenses in accordance with its stated mission, thereby providing health reimbursement benefits to its employees. The trust also aims to defray the costs associated with administering the plan.

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Impact




October, 2024

Stillwater ISD 834 HRA 1050003671 plays a crucial role in supporting the health and welfare of its active and former employees by providing health reimbursement benefits. The initiative is designed to help offset medical expenses, making healthcare more accessible for individuals who may struggle with the costs associated with health services.

By effectively managing the Health Reimbursement Arrangement (HRA), the organization ensures that employees have the financial support necessary to address healthcare costs, thus enhancing their overall well-being. This financial assistance helps employees focus on their health without the added burden of significant out-of-pocket expenses.

Additionally, the plan administration contributes to efficient management of resources, allowing for appropriate utilization of funds in alignment with its mission. The HRA not only serves the immediate needs of recipients but also promotes a culture of care and support within the organization, fostering employee satisfaction and retention. Overall, the impact of Stillwater ISD 834 HRA 1050003671 extends beyond financial assistance, contributing to healthier, more secure lives for employees and improved morale within the community.




This information is meant to be a general summary of Stillwater Isd 834 Hra 1050003671. 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
$1,568,150 (2022)
Expenses
$1,306,189 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $49,361
  • Program Service Revenue: $1,518,789
  • Gross Receipts: $1,568,150

Assets and Liabilities:

  • Total Assets: $3,004,896
  • Total Liabilities: $0
  • Net Assets: $3,004,896

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Programs

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

EMPLOYER CONTRIBUTION

Revenue

$1,518,789

Organization Details

Founding Year

2008

Principal Officer

Steve R Sherman

Main Address

PO BOX 4391, CLINTON, IA, 527334391

NTEE Category

Code: Y43 - Mutual benefit

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