Overview
What is Fargo-Moorhead Home Builders Health Plan And Trust?
Fargo-Moorhead Home Builders Health Plan and Trust is a nonprofit organization situated in Fargo, North Dakota, with the address 1802 32nd Ave S. Their primary mission is to provide health benefits for the employees and their dependents of members in the Home Builders Association of Fargo-Moorhead. In the previous year, there were 3,247 unique participants enrolled in the plan. The organization makes payments to Blue Cross and Blue Shield of North Dakota and other related expenses to ensure the provision of health benefits for all participants.
Official website here: www.hbafm.com
Is Fargo-Moorhead Home Builders Health Plan And Trust legitimate?
Fargo-Moorhead Home Builders Health Plan And Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Fargo-Moorhead Home Builders Health Plan And 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
Official website here: www.hbafm.com
What is the mission statement of Fargo-Moorhead Home Builders Health Plan And Trust?
The Fargo-Moorhead Home Builders Health Plan and Trust focuses on providing health benefits to the employees and their dependents of members within the Home Builders Association. Through this commitment, they ensure that a significant number of individuals receive essential healthcare coverage. The trust makes payments to Blue Cross and Blue Shield of ND and other related expenses to facilitate the provision of health benefits for all participants and their dependents. At the end of the year, there were approximately 3,247 unique individuals benefiting from the health plan.
Official website here: www.hbafm.com
Who is the CEO of Fargo-Moorhead Home Builders Health Plan And Trust?
Brandon Hayes is the Secretary of Fargo-Moorhead Home Builders Health Plan And Trust.
Official website here: www.hbafm.com
What is the revenue of Fargo-Moorhead Home Builders Health Plan And Trust?
Fargo-Moorhead Home Builders Health Plan And Trust's revenue in 2023 was $41,372,321.
Official website here: www.hbafm.com
Who are the executives of Fargo-Moorhead Home Builders Health Plan And Trust and what are their salaries?
There 11 volunteers at Fargo-Moorhead Home Builders Health Plan And Trust.
Here are 8 key members and their salaries:
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- Related: $107,524
- Other: $19,506
Official website here: www.hbafm.com
Where can I find the form 990 for Fargo-Moorhead Home Builders Health Plan And Trust?
Fargo-Moorhead Home Builders Health Plan And Trust's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.hbafm.com
Learn more at the official website: www.hbafm.com
Mission Statement of Fargo-Moorhead Home Builders Health Plan And Trust
Fargo-Moorhead Home Builders Health Plan and Trust is a mission-driven organization dedicated to providing health benefits to the employees and their dependents of members in the Home Builders Association of Fargo-Moorhead. Through this commitment, the Trust ensures that thousands of individuals receive essential healthcare coverage.
At the heart of its operations lies the provision of health benefits, with payments made to Blue Cross and Blue Shield of ND and related expenses. This dedication extends to all participants in the Health Plan and their dependents, totaling 3,247 unique individuals at the end of the year. The Trust's unwavering focus on health benefits is a testament to its mission to support the wellbeing of its members and their families.
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Impact
October, 2024
The Fargo-Moorhead Home Builders Health Plan and Trust significantly impacts the community by providing essential health benefits to the employees and their dependents of the Home Builders Association of Fargo-Moorhead. This initiative ensures that over 3,247 unique participants have access to critical healthcare services, thereby promoting overall wellness and financial security among local workers in the construction industry.
By facilitating payments to Blue Cross and Blue Shield of North Dakota and managing related expenses, the Health Plan enhances the availability of quality healthcare options, helping to alleviate the financial burden often associated with medical costs. As a result, employees can focus more on their jobs and families rather than worrying about healthcare availability and expenses.
The provision of these benefits strengthens workforce stability, contributing positively to the local economy by ensuring that skilled workers can maintain their health and productivity. This support system promotes a stronger community, fosters loyalty among employees, and enhances the reputation of the Home Builders Association as a responsible employer in the Fargo-Moorhead area.
This information is meant to be a general summary of Fargo-Moorhead Home Builders Health Plan And 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $461,404
- Program Service Revenue: $40,910,917
- Gross Receipts: $41,372,321
Assets and Liabilities:
- Total Assets: $22,669,960
- Total Liabilities: $3,928,121
- Net Assets: $18,741,839
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRIBUTIONS
Revenue
$37,926,786
PHARMACY REBATES
Revenue
$2,984,131
Organization Details
Founding Year
1986
Phone
(701) 232-5846Principal Officer
Brandon Hayes
Main Address
1802 32ND AVE S, FARGO, ND, 581036702
Website
www.hbafm.comNTEE Category
Code: Y40 - Mutual benefit
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