Overview
What is Intermediate School District 287 Hra?
Intermediate School District 287 Hra, based in Plymouth, Minnesota, is a nonprofit organization that operates as a Voluntary Employees' Beneficiary Association (VEBA). Its primary mission is to fund reimbursements for eligible medical expenses under a Health Reimbursement Arrangement (HRA). During the plan year 2021, this initiative benefitted a total of 1354 participants. The organization's activities are focused on providing financial support for medical expenses, contributing positively to the well-being of its members.
Is Intermediate School District 287 Hra legitimate?
Intermediate School District #287 Hra is a legitimate nonprofit organization registered as a 501(c)(9) entity. Intermediate School District #287 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.
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 Intermediate School District 287 Hra?
Intermediate School District 287 Hra operates as a Voluntary Employees' Beneficiary Association (VEBA), with its primary goal being to fund the reimbursement of eligible medical expenses under a Health Reimbursement Arrangement (HRA). This organization provides financial assistance to approximately 1354 participants, ensuring they can cover their medical expenses during the plan year 2021. The mission of Intermediate School District 287 Hra is centered around supporting its members by facilitating the reimbursement of their medical expenses under the HRA, thereby easing their financial burden related to healthcare costs.
Who is the CEO of Intermediate School District 287 Hra?
Hand Benefit Trust is the Principal Officer of Intermediate School District #287 Hra.
What is the revenue of Intermediate School District 287 Hra?
Intermediate School District 287 Hra's revenue in 2022 was $1,154,485.
Who are the executives of Intermediate School District 287 Hra 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 Intermediate School District 287 Hra?
Intermediate School District 287 Hra's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Intermediate School District 287 Hra
Intermediate School District 287 Hra, as a Voluntary Employees' Beneficiary Association (VEBA), is dedicated to funding the reimbursement of eligible medical expenses under a Health Reimbursement Arrangement. This nonprofit organization serves to benefit approximately 1354 participants during the plan year 2021, providing financial assistance for their healthcare needs. By offering reimbursements, Intermediate School District 287 Hra plays a significant role in alleviating the financial burden associated with medical expenses, ultimately promoting the well-being of its members.
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Impact
October, 2024
Intermediate School District 287 HRA has a significant impact on its community by providing a financial safety net for eligible medical expenses through its health reimbursement arrangement (HRA). By serving 1,354 participants throughout the 2021 plan year, the organization facilitates access to necessary medical reimbursements, thereby alleviating some of the financial burdens associated with healthcare costs for its members. This support not only enhances the well-being of each participant but also contributes to overall community health by promoting better access to medical care. The voluntary employees' beneficiary association (VEBA) model enables a collaborative approach among members, fostering a sense of mutual benefit and community among those it serves in Plymouth, MN.
This information is meant to be a general summary of Intermediate School District 287 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.
- Investment Income: $14,697
- Program Service Revenue: $1,139,788
- Gross Receipts: $2,223,195
Assets and Liabilities:
- Total Assets: $3,452,182
- Total Liabilities: $0
- Net Assets: $3,452,182
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$1,139,788
Organization Details
Founding Year
2004
Phone
(763) 559-3535Principal Officer
Hand Benefit Trust
Main Address
1820 Xenium Lane N, Plymouth, MN, 55441
NTEE Category
Code: Y43 - Mutual benefit
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