Nea's Mbc Health Reimbursement Account Trust

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

EIN: 306141866 ✦ Gaithersburg, MD ✦ Designated as a 501(c)(9)

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Overview

What is Nea's Mbc Health Reimbursement Account Trust?

Nea's Mbc Health Reimbursement Account Trust is a nonprofit organization based in Gaithersburg, Maryland. Their primary mission is to offer benefits to members who have Health Reimbursement Accounts. Specifically, they provide assistance to these individuals, ensuring they make the most of their health reimbursement plans. This assistance may include covering various health-related expenses that are not typically covered by insurance. By doing so, Nea's Mbc Health Reimbursement Account Trust aims to alleviate financial burdens and promote better health for their members.

Is Nea's Mbc Health Reimbursement Account Trust legitimate?

Nea's Mbc Health Reimbursement Account Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Nea's Mbc Health Reimbursement Account 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 Nea's Mbc Health Reimbursement Account Trust?

Nea's Mbc Health Reimbursement Account Trust's primary objective is to extend benefits to its members who have Health Reimbursement Accounts. In simpler terms, the trust aims to provide financial assistance for healthcare-related expenses from these accounts. This organization serves as a bridge between its members and their healthcare coverage, ensuring they can make necessary health payments efficiently. By offering these benefits, Nea's Mbc Health Reimbursement Account Trust plays a crucial role in alleviating some of the financial burden associated with healthcare costs for its members.

Who is the CEO of Nea's Mbc Health Reimbursement Account Trust?

Umb Bank Na is the Principal Officer of Nea's Mbc Health Reimbursement Account Trust.

What is the revenue of Nea's Mbc Health Reimbursement Account Trust?

Nea's Mbc Health Reimbursement Account Trust's revenue in 2022 was $463,345.

Who are the executives of Nea's Mbc Health Reimbursement Account Trust and what are their salaries?


There is 1 key member and their salary:


Umb Bank Na (Institutional Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Nea's Mbc Health Reimbursement Account Trust?

Nea's Mbc Health Reimbursement Account Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Nea's Mbc Health Reimbursement Account Trust

Nea's MBC Health Reimbursement Account Trust is committed to providing benefits to its members who have health reimbursement accounts. This organization's mission is to ensure that these account holders can make the most of their health reimbursement funds. By providing these benefits, Nea's MBC Health Reimbursement Account Trust aims to support its members in managing their healthcare expenses effectively. The trust's activities are centered around utilizing the funds from the health reimbursement accounts to enhance the healthcare experiences of its members. The organization's mission is to bridge the gap between healthcare costs and the financial resources of its members, thereby promoting their overall health and well-being.

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Impact




October, 2024

Nea's Mbc Health Reimbursement Account Trust significantly impacts its members by providing essential benefits through health reimbursement accounts. By offering financial support for qualified medical expenses, the Trust alleviates the burden of healthcare costs for individuals enrolled in the program. This financial assistance not only enhances access to necessary health services but also encourages proactive health management among members. Located in Gaithersburg, MD, the Trust focuses on fostering mutual benefit for its participants, ensuring they can efficiently utilize their health resources. Ultimately, the Trust plays a vital role in promoting the overall well-being of its members, empowering them to make informed healthcare decisions without excessive financial strain.




This information is meant to be a general summary of Nea's Mbc Health Reimbursement Account 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
$463,345 (2022)
Expenses
$147,167 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $223,345
  • Program Service Revenue: $240,000
  • Gross Receipts: $463,345

Assets and Liabilities:

  • Total Assets: $4,683,442
  • Total Liabilities: $0
  • Net Assets: $4,683,442

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Programs

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

CONTRIBUTIONS TO HRA

Revenue

$240,000

Organization Details

Founding Year

2012

Principal Officer

Umb Bank Na

Main Address

900 CLOPPER ROAD, GAITHERSBURG, MD, 20878

NTEE Category

Code: Y43 - Mutual benefit

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