Hp Inc Rmsa Tr

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

EIN: 760561275 ✦ Spring, TX ✦ Designated as a 501(c)(9)

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Overview

What is Hp Inc Rmsa Tr?

Hp Inc Rmsa Tr, located at 10300 Energy Drive, Spring, Texas 77389, is a Voluntary Employee Benefit Association (VEBA) that operates under the Internal Revenue Code Section 501c9. Its primary mission is to provide medical and other welfare benefits to its members or designated beneficiaries, aiming to support their wellbeing and health needs. This nonprofit organization serves its community by offering financial assistance in line with its charitable purpose.

Is Hp Inc Rmsa Tr legitimate?

Hp Inc Rmsa Tr is a legitimate nonprofit organization registered as a 501(c)(9) entity. Hp Inc Rmsa Tr 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 Hp Inc Rmsa Tr?

The Voluntary Employee Benefit Association known as Hp Inc Rmsa Tr is committed to providing medical or other welfare benefits to its members or their designated beneficiaries, as per the guidelines outlined in IRC Section 501c9. This organization's primary mission is to ensure the financial well-being of its members by providing them with necessary medical and welfare benefits. It serves as a safety net for its members, offering them financial support during times of health-related or other welfare-related challenges. The association's activities are guided by the provisions of the Internal Revenue Code Section 501c9, which defines the parameters for such organizations.

Who is the CEO of Hp Inc Rmsa Tr?

Srivatsan Iyer is the Trustee of Hp Inc Rmsa Tr.

What is the revenue of Hp Inc Rmsa Tr?

Hp Inc Rmsa Tr's revenue in 2022 was $5,010,587.

Who are the executives of Hp Inc Rmsa Tr and what are their salaries?


Here are 4 key members and their salaries:


Bank Of New York Mellon (Trustee)
  • Compensation: $6,324
  • Related: $0
  • Other: $0
Elaine Beddome (Global Head Of Total Rewards)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin Stier (Global Head Of Hr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicolina Marzicola (Global Head Of Hr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Hp Inc Rmsa Tr?

Hp Inc Rmsa Tr's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Hp Inc Rmsa Tr

Hp Inc Rmsa Tr, as a Voluntary Employee Benefit Association (VEBA), is committed to providing medical or other welfare benefits to its members and their designated beneficiaries, in accordance with IRC Section 501c9. This nonprofit organization's mission is to ensure the wellbeing of its members by offering them necessary medical and welfare support, thus fulfilling its role as a VEBA. By adhering to the guidelines set out in IRC Section 501c9, Hp Inc Rmsa Tr is able to provide its members with the aid they require, helping them to maintain their health and wellbeing.

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Impact




October, 2024

Hp Inc Rmsa Tr serves a crucial role in providing medical and welfare benefits to its members or designated beneficiaries, as stipulated under IRC Section 501(c)(9). By functioning as a Voluntary Employee Benefit Association (VEBA), it offers a structured mechanism for employees to access necessary healthcare and welfare services. This support can significantly alleviate financial burdens associated with medical expenses, enhancing overall employee well-being and job satisfaction. Located in Spring, TX, the organization focuses on mutual benefit, fostering a sense of community and security among its members by ensuring they have access to essential health-related resources. This ultimately contributes to a healthier workforce and can lead to improved productivity and morale within the organization.




This information is meant to be a general summary of Hp Inc Rmsa Tr. 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
$5,010,587 (2022)
Expenses
$3,013,489 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $742,311
  • Program Service Revenue: $4,268,276
  • Gross Receipts: $5,010,587

Assets and Liabilities:

  • Total Assets: $58,766,296
  • Total Liabilities: $213,423
  • Net Assets: $58,552,873

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Programs

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

Participant Contributions

Revenue

$4,268,276

Organization Details

Founding Year

2001

Principal Officer

Srivatsan Iyer

Main Address

10300 Energy Drive, Spring, TX, 77389

NTEE Category

Code: Y43 - Mutual benefit

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