Overview
What is Independent Pharmacists Raleys Retiree Healthcare Trust?
Independent Pharmacists Raleys Retiree Healthcare Trust is a nonprofit organization based in Sacramento, California. Its primary purpose is to fund the reimbursement of medical expenses for its participants, who have incurred significant medical costs of approximately $193,811. This is done under a Health Reimbursement Arrangement, a plan that provides financial assistance for eligible healthcare expenses. The Trust serves as a safety net for retirees, ensuring they can afford necessary medical care.
Is Independent Pharmacists Raleys Retiree Healthcare Trust legitimate?
Independent Pharmacists Raleys Retiree Healthcare Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Independent Pharmacists Raleys Retiree Healthcare 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
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What is the mission statement of Independent Pharmacists Raleys Retiree Healthcare Trust?
The Independent Pharmacists Raleys Retiree Healthcare Trust is established with the mission to fund the reimbursement of medical expenses under a Health Reimbursement Arrangement. This organization provides financial assistance to its participants who have incurred significant medical expenses, amounting to $193,811, as stated in the provided data. By offering this reimbursement, the Trust aims to support its retirees in managing their healthcare costs, thereby ensuring their overall well-being. The Trust's primary function is to alleviate the financial burden associated with medical expenses, thereby providing a crucial safety net for its participants.
Who is the CEO of Independent Pharmacists Raleys Retiree Healthcare Trust?
Principal Trust Company is the Principal Officer of Independent Pharmacists Raleys Retiree Healthcare Trust.
What is the revenue of Independent Pharmacists Raleys Retiree Healthcare Trust?
Independent Pharmacists Raleys Retiree Healthcare Trust's revenue in 2022 was $117,841.
Who are the executives of Independent Pharmacists Raleys Retiree Healthcare Trust 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 Independent Pharmacists Raleys Retiree Healthcare Trust?
Independent Pharmacists Raleys Retiree Healthcare Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Independent Pharmacists Raleys Retiree Healthcare Trust
Independent Pharmacists Raleys Retiree Healthcare Trust, as its mission states, is dedicated to funding the reimbursement of medical expenses under a Health Reimbursement Arrangement. In simpler terms, this nonprofit organization provides financial assistance to cover medical costs for its participants, who collectively received approximately $193,811 worth of medical care. By doing so, the Trust ensures that retirees associated with independent pharmacists can manage their healthcare expenses more effectively. The organization's primary role is to support its members in their medical needs, leveraging the Health Reimbursement Arrangement as a means to provide financial assistance.
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Impact
October, 2024
Independent Pharmacists Raleys Retiree Healthcare Trust plays a crucial role in supporting individuals by funding the reimbursement of medical expenses through a Health Reimbursement Arrangement (HRA). This initiative specifically benefits participants who rely on financial assistance to manage their healthcare costs. With the organization facilitating over $193,811 in medical care reimbursements, it significantly alleviates the financial burden associated with healthcare for retirees, enabling them to access necessary medical services without undue stress. By prioritizing the health and well-being of its participants, the Trust fosters a healthier community and provides invaluable support to those who have dedicated their careers to the pharmacy profession.
This information is meant to be a general summary of Independent Pharmacists Raleys Retiree Healthcare 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 2022.
- Investment Income: $54,357
- Program Service Revenue: $63,484
- Gross Receipts: $325,196
Assets and Liabilities:
- Total Assets: $720,390
- Total Liabilities: $0
- Net Assets: $720,390
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTION
Revenue
$63,484
Organization Details
Founding Year
2013
Phone
(916) 373-6396Principal Officer
Principal Trust Company
Main Address
PO BOX 15618, SACRAMENTO, CA, 95852
NTEE Category
Code: Y20 - Mutual benefit
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