Overview
What is Neubridg Inc Voluntary Employees' Beneficiary Association Trust?
Neubridg Inc Voluntary Employees' Beneficiary Association Trust is a nonprofit organization that allows eligible employees to access reimbursement for eligible medical expenses from their Health Reimbursement Account (HRA) funds. This is accomplished through both participant contributions and benefits paid to the members. The purpose of this trust is to provide a means for employees to manage their healthcare expenses more effectively, thereby enhancing their overall well-being.
Is Neubridg Inc Voluntary Employees' Beneficiary Association Trust legitimate?
Neubridg Inc Voluntary Employees' Beneficiary Association Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Neubridg Inc Voluntary Employees' Beneficiary Association 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 Neubridg Inc Voluntary Employees' Beneficiary Association Trust?
The Neubridg Inc Voluntary Employees' Beneficiary Association Trust was established with the mission to allow eligible employees to obtain reimbursement for eligible medical expenses from their Health Reimbursement Accounts (HRA). This is achieved through both participant contributions and benefits paid to the members. The trust serves as a mechanism for employees to manage their healthcare expenses more effectively, providing them with financial assistance for qualified medical costs. By facilitating this reimbursement process, the trust aims to support employees in managing their healthcare expenses more efficiently.
What is the revenue of Neubridg Inc Voluntary Employees' Beneficiary Association Trust?
Neubridg Inc Voluntary Employees' Beneficiary Association Trust's revenue in 2023 was $697,580.
Who are the executives of Neubridg Inc Voluntary Employees' Beneficiary Association Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $4,556
- Related: $0
- Other: $0
Where can I find the form 990 for Neubridg Inc Voluntary Employees' Beneficiary Association Trust?
Neubridg Inc Voluntary Employees' Beneficiary Association Trust's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Neubridg Inc Voluntary Employees' Beneficiary Association Trust
Neubridg Inc's Voluntary Employees' Beneficiary Association Trust was established with a mission to permit eligible employees to obtain reimbursement for eligible medical expenses from their Health Reimbursement Accounts (HRA). This nonprofit organization provides a platform where employees can contribute to their HRA accounts and subsequently receive payments for qualifying medical expenses. The trust serves as an intermediary, facilitating the reimbursement process, ensuring that eligible employees can manage their healthcare costs more effectively. By offering this benefit, Neubridg Inc's Voluntary Employees' Beneficiary Association Trust aims to enhance the financial well-being of its participating employees, providing them with additional resources to meet their medical needs.
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Impact
October, 2024
Neubridg Inc Voluntary Employees' Beneficiary Association Trust significantly impacts the financial well-being of eligible employees by providing a structured way to manage healthcare costs. By enabling reimbursements of eligible medical expenses through Health Reimbursement Arrangements (HRAs), the Trust helps to alleviate the burden of out-of-pocket medical expenses. Participants can contribute to their HRA accounts and receive benefits, facilitating access to necessary medical care without the added stress of managing immediate costs. This support fosters a healthier workforce, contributing to overall employee satisfaction and retention. Additionally, by focusing on mutual benefit, the Trust strengthens community ties and encourages a collaborative approach to healthcare management among its members.
This information is meant to be a general summary of Neubridg Inc Voluntary Employees' Beneficiary Association 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $65,058
- Program Service Revenue: $632,522
- Gross Receipts: $697,580
Assets and Liabilities:
- Total Assets: $1,303,814
- Total Liabilities: $0
- Net Assets: $1,303,814
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARTICIPANT CONTRIBUTI
Revenue
$632,522
Organization Details
Founding Year
2017
Principal Officer
City State Bank
NTEE Category
Code: Y43 - Mutual benefit
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