Hawaii Tapers Retiree Health Reimbursement Fund

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

EIN: 300856953 ✦ Honolulu, HI ✦ Designated as a 501(c)(9)

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Overview

What is Hawaii Tapers Retiree Health Reimbursement Fund?

The Hawaii Tapers Retiree Health Reimbursement Fund is a collectively bargained multi-employer plan established to provide a financial reserve for eligible retirees and their dependents. This nonprofit organization offers reimbursement for hospital, medical, dental, and related expenses following retirement. Its mission includes managing investment-related services, ensuring participants have a safety net for healthcare costs during their post-retirement years.

Is Hawaii Tapers Retiree Health Reimbursement Fund legitimate?

Hawaii Tapers Retiree Health Reimbursement Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Hawaii Tapers Retiree Health Reimbursement Fund 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 Hawaii Tapers Retiree Health Reimbursement Fund?

The Hawaii Tapers Retiree Health Reimbursement Fund serves as a collectively bargained multi-employer plan, establishing a reserve for reimbursing eligible retirees and their qualified dependents for hospital, medical, dental, and related expenses. Its mission, in essence, is to provide financial support for healthcare needs after retirement. The organization offers programs that include benefit reimbursement and investment-related services. The primary goal is to ensure that retirees have access to essential healthcare benefits following their retirement.

Who is the CEO of Hawaii Tapers Retiree Health Reimbursement Fund?

Ryden Valmoja Barbara Ko is the Union Trustee of Hawaii Tapers Retiree Health Reimbursement Fund.

What is the revenue of Hawaii Tapers Retiree Health Reimbursement Fund?

Hawaii Tapers Retiree Health Reimbursement Fund's revenue in 2022 was $1,561,444.

Who are the executives of Hawaii Tapers Retiree Health Reimbursement Fund and what are their salaries?


Here are 7 key members and their salaries:


Ryden Valmoja (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Frigillana Jr (Union Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mario Manrique Jr (Union Trustee)
  • Compensation: $0
  • Related: $104,889
  • Other: $70,773
Vincent Nihipali (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anacleto Alcantra (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Mazzone (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Kono (Employer Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Hawaii Tapers Retiree Health Reimbursement Fund?

Hawaii Tapers Retiree Health Reimbursement Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Hawaii Tapers Retiree Health Reimbursement Fund

The Hawaii Tapers Retiree Health Reimbursement Fund serves as a collectively bargained multi-employer plan, with a mission to establish a reserve for the reimbursement of hospital, medical, dental, and similar benefits for eligible participants and their tax-qualified dependents following retirement. This organization operates as a safety net, ensuring retirees have access to necessary healthcare expenses, providing them with financial security during their post-retirement years. The fund offers programs beyond just benefit reimbursement, also providing investment-related services to its members. This multi-faceted approach allows the Hawaii Tapers Retiree Health Reimbursement Fund to support its participants in maintaining their health and well-being after leaving the workforce.

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Impact




October, 2024

The Hawaii Tapers Retiree Health Reimbursement Fund has a significant impact on the financial well-being of retired participants and their qualified dependents. By creating a reserve for reimbursing essential healthcare expenses—such as hospital, medical, dental, and similar benefits—the fund provides crucial support during retirement. This financial assistance alleviates the burden of healthcare costs, allowing retirees to focus more on their quality of life rather than financial stress related to medical expenses.

Additionally, the fund offers programs that include benefit reimbursement and investment-related services, enhancing the financial security of its members. As a collectively bargained multiemployer plan, it fosters cooperation among various employers, ensuring stability and sustainability of benefits over time. Overall, the fund plays a vital role in preserving the health and economic security of retirees in Hawaii, contributing to a more comfortable and secure retirement experience.




This information is meant to be a general summary of Hawaii Tapers Retiree Health Reimbursement Fund. 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
$1,561,444 (2022)
Expenses
$81,633 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $64,278
  • Program Service Revenue: $1,497,166
  • Gross Receipts: $1,561,444

Assets and Liabilities:

  • Total Assets: $6,653,877
  • Total Liabilities: $0
  • Net Assets: $6,653,877

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Programs

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

EMPLOYERS' CONTRIBUTIO

Revenue

$1,497,166

Organization Details

Founding Year

2015

Principal Officer

Ryden Valmoja Barbara Ko

Main Address

222 SOUTH VINEYARD STREET PH4, HONOLULU, HI, 96813

NTEE Category

Code: Y43 - Mutual benefit

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