Overview
What is Hood River Electric Cooperative Veba Hra Plan?
The Hood River Electric Cooperative Veba HRA Plan is a nonprofit entity based in Odell, Oregon. It operates as a Voluntary Employees' Beneficiary Association (VEBA), specifically designed to fund eligible medical expenses through a Health Reimbursement Arrangement (HRA). This plan benefits 29 participants during the 2022 plan year, providing financial assistance for their healthcare needs. The VEBA serves as a means to support the medical expenses of its members, contributing to their overall well-being.
Is Hood River Electric Cooperative Veba Hra Plan legitimate?
Hood River Electric Cooperative Veba Hra Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Hood River Electric Cooperative Veba 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Hood River Electric Cooperative Veba Hra Plan?
The Hood River Electric Cooperative Veba HRA Plan operates with a mission to fund the reimbursement of eligible medical expenses under a Health Reimbursement Arrangement (HRA). This voluntary employees' beneficiary association (VEBA) serves to support 29 participants during the plan year 2022, providing financial assistance for their healthcare needs. The plan's primary objective is to alleviate some of the financial burden associated with medical expenses, thereby contributing to the overall well-being of its participants.
What is the revenue of Hood River Electric Cooperative Veba Hra Plan?
Hood River Electric Cooperative Veba Hra Plan's revenue in 2023 was $94,534.
Who are the executives of Hood River Electric Cooperative Veba Hra Plan and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Hood River Electric Cooperative Veba Hra Plan?
Hood River Electric Cooperative Veba Hra Plan's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Hood River Electric Cooperative Veba Hra Plan
The Hood River Electric Cooperative Veba Hra Plan operates as a Voluntary Employees' Beneficiary Association (VEBA). Its primary mission is to fund the reimbursement of eligible medical expenses for its participants under a Health Reimbursement Arrangement (HRA). This nonprofit association serves 29 individuals throughout the plan year 2022, providing financial assistance for their healthcare needs. By funding this HRA, the Hood River Electric Cooperative Veba Hra Plan aims to support its members in managing their medical expenses, ensuring they have access to necessary healthcare services without undue financial burden.
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Impact
October, 2024
The Hood River Electric Cooperative VEBA HRA Plan serves to provide financial support for eligible medical expenses for its participants. By establishing a voluntary employees' beneficiary association (VEBA), the plan enables members to access reimbursement through a health reimbursement arrangement (HRA). This structure helps cover out-of-pocket health care costs, enhancing the overall financial well-being of the participants.
In the plan year 2022, it benefitted 29 participants, demonstrating its impact on a specific community. The arrangement not only alleviates some financial burdens associated with healthcare but also promotes a culture of health and wellness among its members. Overall, the Hood River Electric Cooperative VEBA HRA Plan plays a crucial role in supporting its participants by providing a means to manage and reimburse eligible medical expenses effectively.
This information is meant to be a general summary of Hood River Electric Cooperative Veba 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 2023.
- Investment Income: $4,103
- Program Service Revenue: $93,550
- Gross Receipts: $159,454
Assets and Liabilities:
- Total Assets: $203,625
- Total Liabilities: $0
- Net Assets: $203,625
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$93,550
Organization Details
Founding Year
2020
Principal Officer
Libby Calnon
NTEE Category
Code: Y43 - Mutual benefit
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