Ontario Fire Fighters Local 1430 Retiree Healthcare Savings Trust

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

EIN: 810696905 ✦ Ontario, CA ✦ Designated as a 501(c)(9)

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Overview

What is Ontario Fire Fighters Local 1430 Retiree Healthcare Savings Trust?

The Ontario Fire Fighters Local 1430 Retiree Healthcare Savings Trust is a nonprofit organization based in Ontario, California. Its primary function is to manage a Health Reimbursement Arrangement, funding the reimbursement of medical expenses for its approximately 9 participants. This Trust serves as a financial resource, enabling eligible individuals to cover their healthcare costs.

Is Ontario Fire Fighters Local 1430 Retiree Healthcare Savings Trust legitimate?

Ontario Fire Fighters Local 1430 Retiree Healthcare Savings Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Ontario Fire Fighters Local 1430 Retiree Healthcare Savings Trust 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 Ontario Fire Fighters Local 1430 Retiree Healthcare Savings Trust?

The Ontario Fire Fighters Local 1430 Retiree Healthcare Savings Trust is established with the mission to fund reimbursements for medical expenses under a Health Reimbursement Arrangement. This trust aims to support participants who require medical care, providing them with financial assistance for related expenses. The trust, with approximately 9 participating members, has so far reimbursed medical costs amounting to $41,666.

Who is the CEO of Ontario Fire Fighters Local 1430 Retiree Healthcare Savings Trust?

Voya Institutional Trust is the Principal Officer of Ontario Fire Fighters Local 1430 Retiree Healthcare Savings Trust.

What is the revenue of Ontario Fire Fighters Local 1430 Retiree Healthcare Savings Trust?

Ontario Fire Fighters Local 1430 Retiree Healthcare Savings Trust's revenue in 2022 was $207,000.

Who are the executives of Ontario Fire Fighters Local 1430 Retiree Healthcare Savings Trust and what are their salaries?


There is 1 key member and their salary:


Voya Institutional Trust Company (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ontario Fire Fighters Local 1430 Retiree Healthcare Savings Trust?

Ontario Fire Fighters Local 1430 Retiree Healthcare Savings Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ontario Fire Fighters Local 1430 Retiree Healthcare Savings Trust

Ontario Fire Fighters Local 1430 Retiree Healthcare Savings Trust is dedicated to funding the reimbursement of medical expenses under a Health Reimbursement Arrangement. This nonprofit organization aims to support its approximately 9 participants by covering their medical costs, as detailed in the provided data. The Health Reimbursement Arrangement, managed by the Trust, allowed these individuals to receive necessary medical care, amounting to $41,666. This mission of the Trust plays a crucial role in assisting its members with their medical expenses, ensuring they have access to necessary healthcare services.

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Impact




October, 2024

The Ontario Fire Fighters Local 1430 Retiree Healthcare Savings Trust plays a crucial role in supporting retired firefighters by providing a structure for reimbursing medical expenses through a health reimbursement arrangement (HRA). This initiative directly benefits participants by alleviating some of the financial burdens associated with healthcare costs.

In its operations, the Trust facilitated medical care reimbursements amounting to $41,666 for approximately 9 participants. This direct financial support not only helps retirees manage their medical expenses more effectively but also contributes to their overall well-being, ensuring they have access to necessary healthcare services. By funding these reimbursements, the Trust significantly enhances the quality of life for its members, demonstrating a commitment to their ongoing care and financial security.




This information is meant to be a general summary of Ontario Fire Fighters Local 1430 Retiree Healthcare Savings Trust. 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
$207,000 (2022)
Expenses
$54,082 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$761,256
  • Program Service Revenue: $968,256
  • Gross Receipts: $979,174

Assets and Liabilities:

  • Total Assets: $4,730,539
  • Total Liabilities: $0
  • Net Assets: $4,730,539

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$968,256

Organization Details

Founding Year

2015

Principal Officer

Voya Institutional Trust

Main Address

PO BOX 1326, ONTARIO, CA, 91762

NTEE Category

Code: Y20 - Mutual benefit

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