Iowa Association Of Electric Cooperative Health Care Trust

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

EIN: 421161992 ✦ Urbandale, IA ✦ Designated as a 501(c)(9)

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Overview

What is Iowa Association Of Electric Cooperative Health Care Trust?

The Iowa Association of Electric Cooperative Health Care Trust, located at 8525 Douglas Avenue 48, Urbana, IA, 50322, is a nonprofit organization dedicated to providing group health maintenance services for members of the Iowa Association of Electric Cooperatives. By offering these health maintenance solutions, the Trust aims to support the wellbeing of its cooperative members, ensuring they have access to essential healthcare resources.

What are the reviews and ratings of this charity?

The Iowa Association Of Electric Cooperative Health Care Trust is not currently rated by Charity Navigator. This lack of a rating arises because the organization does not have the necessary beacon scores, such as Accountability & Finance or Impact & Measurement, to be evaluated by Charity Navigator. It is important to note that the absence of a rating doesn't imply a negative or positive assessment; rather, it reflects an incomplete evaluation due to data limitations.

Charity Navigator highlights that the organization does not currently hold a 501(c)(3) status, impacting the ability to evaluate it based on crucial criteria such as Leadership & Adaptability, Culture & Community, or Impact. Without 501(c)(3) classification, certain standard assessments are not applicable, leaving notable gaps in financial and operational transparency.

No user reviews are available on GreatNonprofits for this organization, meaning public perception and personal experiences of stakeholders are not documented. This absence further limits insight into the organization's community impact and beneficiary satisfaction. Overall, while some IRS data is available, a comprehensive understanding of the organization's effectiveness and practices is lacking.


This AI summary has been generated from information found on Charity Navigator.

Is Iowa Association Of Electric Cooperative Health Care Trust legitimate?

Iowa Association Of Electric Cooperative Health Care Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Iowa Association Of Electric Cooperative Health Care 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 Iowa Association Of Electric Cooperative Health Care Trust?

The Iowa Association of Electric Cooperative Health Care Trust is dedicated to providing group health maintenance services for its members. In essence, its mission is to help ensure the health and wellbeing of those associated with the Iowa Association of Electric Cooperatives. The Trust's primary role is to manage and deliver health maintenance programs tailored to the specific needs of its member base. By doing so, it strives to enhance the overall health and quality of life for the individuals it serves. The organization aims to offer comprehensive and accessible health services, fostering a healthier community and promoting better well-being for all.

Who is the CEO of Iowa Association Of Electric Cooperative Health Care Trust?

Tim Falk is the Chairman of Iowa Association Of Electric Cooperative Health Care Trust.

What is the revenue of Iowa Association Of Electric Cooperative Health Care Trust?

Iowa Association Of Electric Cooperative Health Care Trust's revenue in 2022 was $22,398,450.

Who are the executives of Iowa Association Of Electric Cooperative Health Care Trust and what are their salaries?


Here are 10 key members and their salaries:


Roger Solomonson (Chairman)
  • Compensation: $0
  • Related: $1,807
  • Other: $0
Ronald O'Neil (Trustee)
  • Compensation: $0
  • Related: $1,520
  • Other: $0
David Opie (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Inskeep (Trustee)
  • Compensation: $0
  • Related: $1,627
  • Other: $0
Bill Cherrier (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Wheeler (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teresa Floyd (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cozy Nelsen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Washburn (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Earhart (Trustee)
  • Compensation: $0
  • Related: $1,594
  • Other: $0
Where can I find the form 990 for Iowa Association Of Electric Cooperative Health Care Trust?

Iowa Association Of Electric Cooperative Health Care Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Iowa Association Of Electric Cooperative Health Care Trust

The Iowa Association of Electric Cooperative Health Care Trust, a key organization in the health maintenance sector, is dedicated to serving the members of the Iowa Association of Electric Cooperatives. This mission-driven entity focuses on delivering group health care services to its cooperative members.

Established to cater specifically to the health care needs of its cooperative members, the Trust takes pride in providing an essential service that ensures the well-being and peace of mind of its clients. With a commitment to group health maintenance, the Trust strives to create a healthier community by managing and maintaining the health of its members. Through its unwavering dedication and expertise, it contributes significantly to the overall well-being of the cooperative community.

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Impact




October, 2024

The Iowa Association of Electric Cooperative Health Care Trust plays a vital role in promoting the health and well-being of its members by providing comprehensive group health maintenance services. This support ensures that the employees and their families connected to the Iowa Association of Electric Cooperatives have access to essential healthcare resources. By facilitating affordable and quality health coverage, the Trust enhances workforce stability and productivity within the cooperative sector. Additionally, it promotes a culture of health and wellness among its members, fostering a sense of community and mutual benefit. Its impact is significant in creating a healthier workforce, which in turn can contribute to more efficient and effective operations within the cooperatives it serves.




This information is meant to be a general summary of Iowa Association Of Electric Cooperative Health Care 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
$22,398,450 (2022)
Expenses
$21,848,420 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $915,523
  • Program Service Revenue: $21,482,927
  • Gross Receipts: $26,607,181

Assets and Liabilities:

  • Total Assets: $8,717,543
  • Total Liabilities: $2,535,987
  • Net Assets: $6,181,556

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Programs

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

MEMBER INS PREMIUMS

Revenue

$21,482,927

Organization Details

Founding Year

1975

Principal Officer

Tim Falk

Main Address

8525 DOUGLAS AVENUE 48, URBANDALE, IA, 50322

NTEE Category

Code: Y43 - Mutual benefit

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