Hastings Isd 200 Hra 1050004849

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

EIN: 472053233 ✦ Clinton, IA ✦ Designated as a 501(c)(9)

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Overview

What is Hastings Isd 200 Hra 1050004849?

Hastings Isd 200 Hra 1050004849 is a nonprofit organization, specifically a Health Reimbursement Arrangement (HRA), established to offer qualified health and welfare benefits to its active and former employees. This HRA adheres to its mission by applying all expenses in line with its stated objectives, aiming to defray the costs associated with administering the plan. The primary goal of this trust is to provide health reimbursement benefits to its employees as outlined in the related plan, thereby assisting them in managing their health expenses within the limits set by Section 501(C)(9) of the Internal Revenue Code.

Is Hastings Isd 200 Hra 1050004849 legitimate?

Hastings Isd 200 Hra 1050004849 is a legitimate nonprofit organization registered as a 501(c)(9) entity. Hastings Isd 200 Hra 1050004849 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 Hastings Isd 200 Hra 1050004849?

The mission of Hastings Isd 200 HRA 1050004849, as established, is to offer qualified health and welfare benefits to both active and former employees through a Health Reimbursement Arrangement (HRA). The trust's primary goal is to provide health reimbursement benefits as outlined in the related plan, allowing for payment of eligible health expenses in accordance with Section 501(C)(9) of the Internal Revenue Code. All expenses incurred have been managed according to this mission, serving to offset the costs of administering the plan.

Who is the CEO of Hastings Isd 200 Hra 1050004849?

Steve R Sherman is the Trustee of Hastings Isd 200 Hra 1050004849.

What is the revenue of Hastings Isd 200 Hra 1050004849?

Hastings Isd 200 Hra 1050004849's revenue in 2022 was $364,112.

Who are the executives of Hastings Isd 200 Hra 1050004849 and what are their salaries?


There is 1 key member and their salary:


Washington Trust Bank (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $353
Where can I find the form 990 for Hastings Isd 200 Hra 1050004849?

Hastings Isd 200 Hra 1050004849's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Hastings Isd 200 Hra 1050004849

Hastings ISD 200 HRA 1050004849, a trust established for qualified health and welfare benefits, is dedicated to providing health reimbursement benefits to both active and former employees. The mission of this organization, as outlined in the related plan, is to offer financial assistance for eligible health expenses, in accordance with Section 501(c)(9) of the Internal Revenue Code. The trust has been meticulously designed to ensure that the expenses incurred are applied within the confines of its mission, thereby offering substantial health reimbursement benefits to its employees. Furthermore, it is responsible for managing and administering the plan, thereby defraying the associated costs effectively.

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Impact




October, 2024

Hastings Isd 200 Hra 1050004849 significantly enhances the health and welfare of both active and former employees by providing qualified health reimbursement benefits. This initiative directly supports employees in managing their healthcare costs, allowing them to access necessary medical services without excessive financial strain. Through the careful administration of a Health Reimbursement Arrangement (HRA), the organization plays a crucial role in defraying expenses related to health care, contributing to better overall employee well-being and financial stability.

By aligning with Section 501(c)(9) of the Internal Revenue Code, Hastings Isd 200 Hra ensures that payments for health expenses are not only compliant but also beneficial to those they serve. With its operations based in Clinton, IA, the organization embodies a commitment to supporting its workforce, fostering a culture of mutual benefit through its health-related initiatives. This program ultimately impacts the broader community by promoting healthier lifestyles and reducing the burden of medical expenses on its members.




This information is meant to be a general summary of Hastings Isd 200 Hra 1050004849. 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
$364,112 (2022)
Expenses
$563,007 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $20,406
  • Program Service Revenue: $343,706
  • Gross Receipts: $364,112

Assets and Liabilities:

  • Total Assets: $1,251,696
  • Total Liabilities: $406
  • Net Assets: $1,251,290

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$343,706

Organization Details

Founding Year

2014

Principal Officer

Steve R Sherman

Main Address

PO BOX 4391, CLINTON, IA, 527334391

NTEE Category

Code: Y43 - Mutual benefit

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