Overview
What is City Of South San Francisco Retiree Hra?
The City of South San Francisco Retiree HRA is a nonprofit organization situated in South San Francisco, California. Their primary focus is to provide reimbursements for eligible healthcare expenses incurred by participating retirees. The organization operates a Health Reimbursement Account (HRA), where funds are allocated to cover qualified medical expenses for the organization's employees. This nonprofit adheres to the mission of utilizing these funds to support the health needs of its members.
Is City Of South San Francisco Retiree Hra legitimate?
City Of South San Francisco Retiree Hra is a legitimate nonprofit organization registered as a 501(c)(9) entity. City Of South San Francisco Retiree Hra 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.
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What is the mission statement of City Of South San Francisco Retiree Hra?
The City of South San Francisco Retiree HRA's primary purpose involves utilizing funds from its Health Reimbursement Account to cover eligible healthcare expenses for its participating employees. The organization's mission or significant activities are centered around reimbursing qualifying medical costs incurred by its members. The funds in the trust account are specifically allocated for this purpose, aiming to provide financial assistance for participants' healthcare needs. The benefits offered by the HRA include reimbursements provided from the trust account to participants who have incurred eligible healthcare expenses.
Who is the CEO of City Of South San Francisco Retiree Hra?
Karen Chang is the Member of City Of South San Francisco Retiree Hra.
What is the revenue of City Of South San Francisco Retiree Hra?
City Of South San Francisco Retiree Hra's revenue in 2022 was $7,869,778.
Who are the executives of City Of South San Francisco Retiree Hra and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for City Of South San Francisco Retiree Hra?
City Of South San Francisco Retiree Hra's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of City Of South San Francisco Retiree Hra
The City of South San Francisco Retiree HRA, as an organization, has a significant role in providing reimbursements for qualified medical expenses. Its primary mission is to maintain a trust account, from which eligible healthcare expenses for its participants are reimbursed. By offering this reimbursement service, the City of South San Francisco Retiree HRA supports its employees in managing their health-related costs. This initiative not only benefits the organization's employees directly but also contributes to their overall well-being and financial stability in the face of healthcare expenses.
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Impact
October, 2024
The City of South San Francisco Retiree Health Reimbursement Arrangement (HRA) significantly impacts employees by providing financial support for eligible medical expenses. By utilizing funds from the trust account, the HRA ensures that retirees can receive reimbursements for healthcare costs, alleviating some of the financial burdens associated with medical care. This program demonstrates a commitment to the well-being of former employees, fostering goodwill and a sense of security during retirement. Overall, it enhances the quality of life for participants by helping them manage their healthcare expenses effectively.
This information is meant to be a general summary of City Of South San Francisco Retiree Hra. 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.
- Program Service Revenue: $964,090
- Gross Receipts: $7,869,778
Assets and Liabilities:
- Total Assets: $6,682,218
- Total Liabilities: $0
- Net Assets: $6,682,218
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$964,090
Organization Details
Founding Year
2013
Phone
(650) 877-8522Principal Officer
Karen Chang
Main Address
400 GRAND AVE, SOUTH SAN FRANCISCO, CA, 94080
NTEE Category
Code: Y44 - Mutual benefit
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