Evanston Fire Department Retiree Funded Hra Trust

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

EIN: 811624545 ✦ Evanston, IL ✦ Designated as a 501(c)(9)

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Overview

What is Evanston Fire Department Retiree Funded Hra Trust?

The Evanston Fire Department Retiree Funded HRA Trust is a nonprofit organization located at 2100 Ridge Ave, Evanston, IL 60201. Its primary mission is to fund medical expense reimbursements under a Health Reimbursement Arrangement (HRA). The Trust served approximately 66 participants, providing medical care amounting to $161,813. The Trust's purpose is to support the health needs of its participants, offering financial assistance for medical expenses.

Is Evanston Fire Department Retiree Funded Hra Trust legitimate?

Evanston Fire Department Retiree Funded Hra Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Evanston Fire Department Retiree Funded Hra 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

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What is the mission statement of Evanston Fire Department Retiree Funded Hra Trust?

The Evanston Fire Department Retiree Funded HRA Trust's mission is focused on funding medical expenses under a Health Reimbursement Arrangement (HRA). This organization provides reimbursement for eligible medical costs incurred by its approximately 66 participants, as demonstrated by the $161,813 in medical care expenses reported. The HRA serves as a financial aid mechanism for these individuals, helping them manage their healthcare-related expenses.

Who is the CEO of Evanston Fire Department Retiree Funded Hra Trust?

Principal Trust Company is the Trustee of Evanston Fire Department Retiree Funded Hra Trust.

What is the revenue of Evanston Fire Department Retiree Funded Hra Trust?

Evanston Fire Department Retiree Funded Hra Trust's revenue in 2021 was $722,919.

Who are the executives of Evanston Fire Department Retiree Funded Hra Trust and what are their salaries?


There is 1 key member and their salary:


Principal Trust Company (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Evanston Fire Department Retiree Funded Hra Trust?

Evanston Fire Department Retiree Funded Hra Trust's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Evanston Fire Department Retiree Funded Hra Trust

The Evanston Fire Department Retiree Funded HRA Trust is a mission-driven organization with the primary objective of funding the reimbursement of medical expenses under a Health Reimbursement Arrangement. This nonprofit aims to provide financial assistance to its approximately 66 participants who require medical care, as demonstrated by the $161,813 worth of medical services they received. By offering this reimbursement, the Evanston Fire Department Retiree Funded HRA Trust plays a crucial role in supporting the health needs of its participants, ensuring they can access necessary medical care without undue financial burden.

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Impact




October, 2024

The Evanston Fire Department Retiree Funded HRA Trust significantly impacts the financial well-being of its participants by providing a structure for reimbursing medical expenses through a Health Reimbursement Arrangement (HRA). With approximately 66 participants benefiting from the trust, it has facilitated the reimbursement of $161,813 in medical care expenses. This financial support helps retirees manage healthcare costs, enhancing their access to necessary medical services and contributing to their overall health security. By alleviating some of the burden associated with medical expenses, the trust plays a crucial role in the quality of life for retired fire department personnel in Evanston, IL.




This information is meant to be a general summary of Evanston Fire Department Retiree Funded Hra 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
$722,919 (2021)
Expenses
$184,741 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $222,773
  • Program Service Revenue: $500,146
  • Gross Receipts: $1,376,591

Assets and Liabilities:

  • Total Assets: $6,335,997
  • Total Liabilities: $0
  • Net Assets: $6,335,997

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Programs

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

EMPLOYER CONTRIBUTION

Revenue

$500,146

Organization Details

Founding Year

2015

Principal Officer

Principal Trust Company

Main Address

2100 RIDGE AVE, EVANSTON, IL, 60201

NTEE Category

Code: Y43 - Mutual benefit

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