Overview
What is Railroad Employees National Health Flexible Spending Account Plan?
The Railroad Employees National Health Flexible Spending Account Plan is a nonprofit organization dedicated to providing employee welfare benefits in accordance with collective bargaining agreements. Their primary objective is to offer these benefits and facilitate a pretax reimbursement system for participants' qualified medical expenses. The plan serves as a valuable resource for eligible individuals, ensuring they have access to essential health coverage.
Is Railroad Employees National Health Flexible Spending Account Plan legitimate?
Railroad Employees National Health Flexible Spending Account Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Railroad Employees National Health Flexible Spending Account Plan 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 not tax deductible.
Here 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
Mission Statement of Railroad Employees National Health Flexible Spending Account Plan
The Railroad Employees National Health Flexible Spending Account Plan is a mission-driven organization dedicated to providing employee welfare benefits as outlined in collective bargaining agreements. By offering these benefits, the Plan aims to enhance the wellbeing of its participants. The core function of the Plan is to serve as a conduit for reimbursing qualified medical expenses on a pretax basis, adding significant financial value to those it serves. In essence, the Railroad Employees National Health Flexible Spending Account Plan plays a vital role in easing the financial burden of medical costs for its participants.
Impact
This information is meant to be a general summary of Railroad Employees National Health Flexible Spending Account Plan. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The impact of the Railroad Employees National Health Flexible Spending Account Plan is significant in providing employee welfare benefits to railroad employees covered by collective bargaining agreements. By offering a mechanism for participants to be reimbursed for qualified medical expenses on a pre-tax basis, the plan helps alleviate the financial burden of healthcare costs for these employees. This support contributes to the overall well-being and financial stability of the railroad workers who rely on the plan for accessing essential healthcare services with greater ease and affordability.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARTICIPANT CONTRIBUTIONS
Revenue
$19,383,175
EMPLOYER CONTRIBUTIONS
Revenue
$114,087
COBRA CONTRIBUTIONS
Revenue
$259,066
Organization Details
Founding Year
2013
Phone
(571) 336-7600
Principal Officer
Brendan M Branon
Main Address
251 - 18TH STREET SOUTH Suite 750, ARLINGTON, VA, 22202
NTEE Category
Code: Y43 - Mutual benefit
If you are a representative of Railroad Employees National Health Flexible Spending Account Plan and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.