Washington University Rmsa Employee

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

EIN: 616328954 ✦ Charlotte, NC ✦ Designated as a 501(c)(9)

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Overview

What is Washington University Rmsa Employee?

Washington University Rmsa Employee refers to a nonprofit organization that offers a tax-advantaged savings plan for employees to cover retirement healthcare expenses. Located in Charlotte, North Carolina, this organization provides a unique opportunity for employees to save for future healthcare costs associated with retirement in a financially beneficial manner. The specifics of the plan remain undisclosed in the provided information, but it is established that the purpose of this nonprofit is to aid employees in managing out-of-pocket healthcare expenses during their retirement years.


Official website here: www.hr.wustl.edu

Is Washington University Rmsa Employee legitimate?

Washington University Rmsa Employee is a legitimate nonprofit organization registered as a 501(c)(9) entity. Washington University Rmsa Employee 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


Official website here: www.hr.wustl.edu

What is the mission statement of Washington University Rmsa Employee?

The Washington University RMSA employee plan offers a method for employees to save for anticipated retirement healthcare expenses in a tax-advantaged manner. This initiative aims to provide financial assistance and alleviate the financial burden associated with out-of-pocket healthcare expenses in retirement. By participating in this plan, employees can benefit from potential tax savings, allowing them to better prepare for their future healthcare needs.


Official website here: www.hr.wustl.edu

Who is the CEO of Washington University Rmsa Employee?

Scot Bemis is the Principal Officer of Washington University Rmsa Employee.


Official website here: www.hr.wustl.edu

What is the revenue of Washington University Rmsa Employee?

Washington University Rmsa Employee's revenue in 2022 was $5,966,171.


Official website here: www.hr.wustl.edu

Who are the executives of Washington University Rmsa Employee and what are their salaries?


There is 1 key member and their salary:


Tiaa Trust Na (Trustee)
  • Compensation: $750
  • Related: $0
  • Other: $0


Official website here: www.hr.wustl.edu

Where can I find the form 990 for Washington University Rmsa Employee?

Washington University Rmsa Employee's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.hr.wustl.edu

Learn more at the official website: www.hr.wustl.edu

Mission Statement of Washington University Rmsa Employee

Washington University RM Sara Employee offers a savings plan designed to help its employees prepare for out-of-pocket retirement health care expenses in a tax-favorable manner. This mission aims to provide employees with a financial tool to manage the potential high costs associated with retirement health care, offering them an advantageous way to save for these expenses. The plan is structured to allow employees to save money in a tax-efficient manner, ultimately helping them to cover their retirement health care expenses more easily.

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Impact




October, 2024

Washington University Rmsa Employee plays a significant role in enhancing employees' financial well-being by offering a structured plan that facilitates savings for out-of-pocket retiree health care expenses. This initiative allows employees to set aside funds in a tax-favorable manner, ensuring they are better prepared for the financial demands of health care in retirement. By promoting saving strategies, the program not only alleviates future financial burdens for employees but also fosters a culture of preparedness and responsibility regarding health care expenses. This impact is particularly vital in a time when health care costs continue to rise, providing employees with the peace of mind that comes from having a dedicated resource for managing future health-related financial needs.




This information is meant to be a general summary of Washington University Rmsa Employee. 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
$5,966,171 (2022)
Expenses
$1,189,879 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,201,989
  • Program Service Revenue: $3,764,182
  • Gross Receipts: $9,749,679

Assets and Liabilities:

  • Total Assets: $49,938,293
  • Total Liabilities: $0
  • Net Assets: $49,938,293

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Programs

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

Employee Contributions

Revenue

$3,764,182

Organization Details

Founding Year

2007

Principal Officer

Scot Bemis

Main Address

8625 ANDREW CARNEGIE BLVD ATTN CORP, CHARLOTTE, NC, 28262

NTEE Category

Code: Y43 - Mutual benefit

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