Overview
What is City Of Bothell Bargained Employee Trust?
The City Of Bothell Bargained Employee Trust is a nonprofit organization situated in Bothell, Washington. It operates as a Voluntary Employees' Beneficiary Association (VEBA), primarily functioning to fund reimbursements for eligible medical expenses under a Health Reimbursement Arrangement. This association benefits approximately 241 participants throughout the year 2021. The organization's purpose is to provide financial support for medical expenses, contributing to the well-being of its members.
Is City Of Bothell Bargained Employee Trust legitimate?
City Of Bothell Bargained Employee Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. City Of Bothell Bargained Employee 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 City Of Bothell Bargained Employee Trust?
The City of Bothell Bargained Employee Trust serves as a Voluntary Employees' Beneficiary Association (VEBA). Its primary mission is to fund the reimbursement of eligible medical expenses under a Health Reimbursement Arrangement (HRA). This trust, benefiting 241 participants during the 2021 plan year, aims to support the medical needs of its members by providing financial assistance for qualifying healthcare expenses. The trust's purpose is to alleviate some of the financial burden associated with healthcare costs, ensuring that its beneficiaries can access necessary medical services.
Who is the CEO of City Of Bothell Bargained Employee Trust?
Hand Benefit Trust Co is the Trustee of City Of Bothell Bargained Employee Trust.
What is the revenue of City Of Bothell Bargained Employee Trust?
City Of Bothell Bargained Employee Trust's revenue in 2022 was $534,226.
Who are the executives of City Of Bothell Bargained Employee Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for City Of Bothell Bargained Employee Trust?
City Of Bothell Bargained Employee Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of City Of Bothell Bargained Employee Trust
The City of Bothell Bargained Employee Trust is a Voluntary Employees' Beneficiary Association (VEBA) with a mission to fund the reimbursement of eligible medical expenses under a Health Reimbursement Arrangement. This nonprofit organization aims to support 241 participating employees by covering their medical costs, acting as a financial safety net for their healthcare needs. The City of Bothell Bargained Employee Trust plays a crucial role in alleviating the financial burden associated with medical expenses, thereby ensuring that its beneficiaries can focus on their health and wellbeing.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The City of Bothell Bargained Employee Trust plays a significant role in providing financial support for eligible medical expenses to its participants. By establishing a health reimbursement arrangement (HRA), it enables employees to access funds for healthcare costs, easing the burden of medical expenses. In 2021, the program served 241 participants, enhancing their financial well-being and ensuring better access to necessary medical services. This arrangement fosters mutual benefit among the employees by helping them manage healthcare costs effectively, contributing to their overall job satisfaction and well-being. Additionally, it reinforces the commitment of the City of Bothell to support its workforce, ultimately contributing to a healthier and more engaged community.
This information is meant to be a general summary of City Of Bothell Bargained Employee 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 2022.
- Investment Income: -$3,317
- Program Service Revenue: $537,543
- Gross Receipts: $939,657
Assets and Liabilities:
- Total Assets: $2,264,172
- Total Liabilities: $0
- Net Assets: $2,264,172
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$537,543
Organization Details
Founding Year
2018
Phone
(425) 806-6200Principal Officer
Hand Benefit Trust Co
Main Address
18415 101st Ave NE, Bothell, WA, 98011
NTEE Category
Code: Y43 - Mutual benefit
If you are a representative of City Of Bothell Bargained Employee Trust 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.