Overview
What is Metropolitan Council Hra Plan?
Metropolitan Council HRA Plan is a nonprofit organization, specifically a Voluntary Employees Beneficiary Association, situated in Milwaukee, Wisconsin. Its primary purpose is to fund Health Reimbursement Arrangement (HRA) accounts for eligible employees. By providing this service, the organization aims to assist employees in managing their healthcare expenses more efficiently. The Metropolitan Council HRA Plan acts as a financial resource, enabling employees to cover various healthcare-related costs within the defined limits of their HRA accounts.
Is Metropolitan Council Hra Plan legitimate?
Metropolitan Council Hra Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Metropolitan Council Hra Plan 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: $1,785
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Metropolitan Council Hra Plan?
The Metropolitan Council HRA Plan, serving as a voluntary employees' benefits association, is established with the primary purpose of funding Health Reimbursement Accounts (HRAs) for eligible employees. Its mission is directed towards providing a financial mechanism to cover healthcare expenses, fostering financial security and health support for its participating employees. The organization does not have a traditional mission statement in the sense of advocacy or research, but rather focuses specifically on the funding aspect of employee health benefits.
Who is the CEO of Metropolitan Council Hra Plan?
Unavailable
What is the revenue of Metropolitan Council Hra Plan?
Metropolitan Council Hra Plan's revenue in 2022 was $3,879,790.
Who are the executives of Metropolitan Council Hra Plan and what are their salaries?
There is 1 key member and their salary:
- Compensation: $1,785
- Related: $0
- Other: $0
Where can I find the form 990 for Metropolitan Council Hra Plan?
Metropolitan Council Hra Plan's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Metropolitan Council Hra Plan
Metropolitan Council HRA Plan, as a Voluntary Employees Beneficiary Association, was established with a mission to fund Health Reimbursement Arrangement accounts for eligible employees. In simpler terms, this organization serves to support its members by providing financial assistance for their healthcare-related expenses. By establishing and managing these health reimbursement accounts, Metropolitan Council HRA Plan helps its members to manage their medical expenses more effectively and affordably. This mission is essential in ensuring that eligible employees have access to necessary healthcare services, thereby contributing to their overall well-being and quality of life.
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Impact
October, 2024
The Metropolitan Council HRA Plan plays a crucial role in enhancing the healthcare benefits of eligible employees by funding Health Reimbursement Arrangement (HRA) accounts. The impact of this plan is centered around providing financial assistance for out-of-pocket medical expenses, which helps to alleviate the burden of healthcare costs for employees.
By establishing these accounts, the plan enables employees to use funds tax-free for qualified medical expenses, promoting a healthier workforce and supporting employees' overall well-being. This initiative not only empowers employees with greater control over their healthcare spending but also contributes to increased job satisfaction and retention. Furthermore, by ensuring that employees have access to necessary healthcare services, the plan promotes a culture of health and well-being within the workplace, ultimately benefiting both employees and employers in the long term.
This information is meant to be a general summary of Metropolitan Council Hra Plan. 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: $120,130
- Program Service Revenue: $3,759,660
- Gross Receipts: $3,879,790
Assets and Liabilities:
- Total Assets: $9,580,771
- Total Liabilities: $0
- Net Assets: $9,580,771
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$3,759,660
Organization Details
Founding Year
2006
Phone
(651) 466-8287Main Address
PO BOX 0634, MILWAUKEE, WI, 532010634
NTEE Category
Code: Y43 - Mutual benefit
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