Northfield School District Health Reimbursement Arrangement Plan

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

EIN: 320168478 ✦ Northfield, MN ✦ Designated as a 501(c)(9)

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Overview

What is Northfield School District Health Reimbursement Arrangement Plan?

The Northfield School District Health Reimbursement Arrangement Plan is a program designed to offer eligible employees financial assistance for eligible healthcare expenses. Based in Northfield, Minnesota, this plan served 564 participants in 2022. Its main purpose is to provide a means for employees to receive reimbursement for certain healthcare costs, ensuring that they can manage their health-related expenses more effectively.

Is Northfield School District Health Reimbursement Arrangement Plan legitimate?

Northfield School District Health Reimbursement Arrangement Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Northfield School District Health Reimbursement Arrangement 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Northfield School District Health Reimbursement Arrangement Plan?

The Northfield School District Health Reimbursement Arrangement Plan is designed with the objective of offering eligible employees the chance to receive reimbursement for specified health care expenses. The primary goal of this plan is to provide financial assistance for medical costs, benefiting a total of 564 participants in 2022. This plan aims to alleviate some of the financial burden associated with health care expenses for the participating employees. It should be noted that the plan is not a mission statement in the traditional sense, but rather a financial assistance program aimed at supporting employees with health care costs.

Who is the CEO of Northfield School District Health Reimbursement Arrangement Plan?

Bpas is the Principal Officer of Northfield School District Health Reimbursement Arrangement Plan.

What is the revenue of Northfield School District Health Reimbursement Arrangement Plan?

Northfield School District Health Reimbursement Arrangement Plan's revenue in 2022 was $736,468.

Who are the executives of Northfield School District Health Reimbursement Arrangement Plan and what are their salaries?


There is 1 key member and their salary:


Hand Benefit Trust Co (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Northfield School District Health Reimbursement Arrangement Plan?

Northfield School District Health Reimbursement Arrangement Plan's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Northfield School District Health Reimbursement Arrangement Plan

The Northfield School District Health Reimbursement Arrangement Plan is established with a mission to offer eligible employees the chance to obtain reimbursement for various health care-related expenses. This plan, in essence, serves as a financial aid mechanism, providing a means for employees to manage their health care costs more effectively. In the year 2022, this plan was extended to 564 participating employees, underscoring its reach and significance within the organization.

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Impact




October, 2024

The Northfield School District Health Reimbursement Arrangement Plan significantly impacts its participants by providing a financial resource for eligible employees to offset medical expenses. In 2022, the plan served 564 participants, enabling them to seek reimbursement for various health care costs. This support enhances employees' financial well-being, alleviates the burden of healthcare expenses, and contributes to overall job satisfaction and retention. By ensuring that employees can access funds for necessary health care, the plan fosters a healthier workforce, ultimately benefiting the school district as a whole.




This information is meant to be a general summary of Northfield School District Health Reimbursement Arrangement 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.

Revenue
$736,468 (2022)
Expenses
$559,797 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5,491
  • Program Service Revenue: $730,977
  • Gross Receipts: $1,193,724

Assets and Liabilities:

  • Total Assets: $1,709,287
  • Total Liabilities: $0
  • Net Assets: $1,709,287

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$730,977

Organization Details

Founding Year

2005

Principal Officer

Bpas

Main Address

201 Orchard St S, Northfield, MN, 55057

NTEE Category

Code: Y44 - Mutual benefit

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