Overview
What is Reformed Benefits Association?
The Reformed Benefits Association (RBA) is a nonprofit organization based in Grand Rapids, Michigan, established by the Christian Reformed Church in North America (CRCNA) and the Reformed Church in America Board of Benefits Services (RCA BOBS). With a mission to jointly provide management and administration services for health and welfare benefit plans for their ministries, lay employees, retirees, agencies, and participating churches, the RBA also fosters Christian fellowship and cooperative mission among the denominations. By delegating authority to the RBA Board of Trustees, the CRCNA and RCA aim to promote the spiritual, moral, social, and civic welfare of their Christian community.
Official website here: www.reformedbenefits.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star Rating
The Reformed Benefits Association has achieved a strong 96% rating, reflecting exceptional accountability and financial health. The score is derived solely from their financial practices, showcasing robust oversight and transparency. They are noted for having a majority of independent board members and a solid financial statement audit, which enhances their credibility.
One of the organization's significant strengths is its high program expense ratio of 96.23%, indicating that a large portion of its funding directly supports its programs rather than administrative costs. Additionally, the absence of any material diversion of assets underscores their commitment to maintaining integrity in financial management. Their comprehensive policies regarding conflicts of interest, whistleblower protections, and document retention further demonstrate a commitment to ethical governance.
While the data presents a positive picture of the Reformed Benefits Association, as with any organization, ongoing evaluation and transparency remain crucial for maintaining public trust and ensuring that the high standards observed are consistently upheld.
This AI summary has been generated from information found on Charity Navigator.
Is Reformed Benefits Association legitimate?
Reformed Benefits Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Reformed Benefits Association 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: $159,661
Professional Fundraising Fees: $0
Other Salaries and Wages: $70,505
For more financial information, click here
Official website here: www.reformedbenefits.org
What is the mission statement of Reformed Benefits Association?
The Reformed Benefits Association (RBA) was founded by the Boards of Trustees of the Christian Reformed Church in North America (CRCNA) and the Reformed Church in America's Board of Benefits Services (RCA BOBS), with the primary objective of providing, managing, and administering health and welfare benefit plans for their respective ministries, employees, retirees, agencies, and affiliated churches. By collaborating on these efforts, the RBA aims to foster a spirit of Christian fellowship and cooperative mission among the denominations, ultimately promoting the overall well-being of the Christian community. Through delegated authority from the CRCNA and RCA, the RBA Board of Trustees oversees these activities and explores additional services to benefit its members.
Official website here: www.reformedbenefits.org
Who is the CEO of Reformed Benefits Association?
Nicole Huttenga is the Board Secretary of Reformed Benefits Association.
Official website here: www.reformedbenefits.org
What is the revenue of Reformed Benefits Association?
Reformed Benefits Association's revenue in 2022 was $14,545,543.
Official website here: www.reformedbenefits.org
Who are the executives of Reformed Benefits Association and what are their salaries?
Here are 11 key members and their salaries:
- Compensation: $0
- Related: $111,474
- Other: $38,498
- Compensation: $0
- Related: $92,185
- Other: $44,147
- Compensation: $0
- Related: $93,854
- Other: $26,675
- Compensation: $0
- Related: $42,675
- Other: $9,001
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.reformedbenefits.org
Where can I find the form 990 for Reformed Benefits Association?
Reformed Benefits Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.reformedbenefits.org
Learn more at the official website: www.reformedbenefits.org
Mission Statement of Reformed Benefits Association
The Reformed Benefits Association (RBA), a joint initiative by the Board of Trustees of the Christian Reformed Church in North America (CRCNA BOT) and the Reformed Church in America Board of Benefits Services (RCA BOBS), is committed to providing, managing, and administering health and welfare benefit plans for the employees and retirees of its member denominations, agencies, and participating churches and other assemblies. With a spiritual and cooperative mission at its core, the RBA aims to foster a sense of Christian fellowship among the denominations, promoting the overall well-being of the Christian community.
The Reformed Benefits Association's primary focus lies in ensuring the availability of comprehensive health and welfare benefit plans for its members. As trusted stewards of this responsibility, the RBA's Board of Trustees, representing both the CRCNA BOT and the RCA BOBS, hold the authority to oversee and develop additional services that can be effectively carried out in partnership with its members. The RBA's dedication to this collaborative effort extends beyond the realm of benefits administration, as it strives to create an inclusive and supportive environment for the spiritual, moral, social, and civic growth of its constituents.
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Impact
October, 2024
The Reformed Benefits Association (RBA) plays a vital role in the management and administration of health and welfare benefit plans for ministers, lay employees, and retirees associated with the Christian Reformed Church in North America (CRCNA) and the Reformed Church in America (RCA). By providing these essential services, the RBA ensures that its members receive comprehensive support for their health and welfare needs.
Moreover, the RBA fosters a spirit of Christian fellowship and cooperative mission among its member denominations. This collaboration promotes not only the well-being of individual members but also enhances the spiritual, moral, social, and civic welfare of the broader Christian community. By pooling resources and expertise, the RBA enables its members to access better benefits and services, ultimately leading to improved quality of life and support within the church community.
Located in Grand Rapids, MI, the RBA is dedicated to identifying and implementing additional services that can be beneficial to its members, further solidifying its impact on the health and welfare landscape for those it serves.
This information is meant to be a general summary of Reformed Benefits Association. 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 2022.
- Investment Income: $49,054
- Program Service Revenue: $14,496,489
- Gross Receipts: $14,550,484
Assets and Liabilities:
- Total Assets: $9,539,770
- Total Liabilities: $1,936,646
- Net Assets: $7,603,124
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Participant Premiums
Revenue
$14,496,489
Organization Details
Founding Year
2013
Phone
(616) 224-0716Principal Officer
Nicole Huttenga
Main Address
4500 60th Street SE, Grand Rapids, MI, 49512
Website
www.reformedbenefits.orgNTEE Category
Code: E11 - Health
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