Healthinvest Hra Veba Trust For Public Employers In The States Of Ca Nv And Az

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

EIN: 856259957 ✦ Spokane, WA ✦ Designated as a 501(c)(9)

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Overview

What is Healthinvest Hra Veba Trust For Public Employers In The States Of Ca Nv And Az?

Healthinvest HRA Veba Trust is a nonprofit organization primarily focused on managing assets that fund qualified health and welfare costs for public employees in California, Nevada, and Arizona. Their mission is to offer high-quality, tax-advantaged Health Reimbursement Plans, providing financial support for healthcare expenses for these employees and their dependents. The Trust holds these assets and operates as a means to enable the participating public employers to cover associated health-related costs effectively.

Is Healthinvest Hra Veba Trust For Public Employers In The States Of Ca Nv And Az legitimate?

Healthinvest Hra Veba Trust For Public Employers In The States Of Ca Nv And Az is a legitimate nonprofit organization registered as a 501(c)(9) entity. Healthinvest Hra Veba Trust For Public Employers In The States Of Ca Nv And Az 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 Healthinvest Hra Veba Trust For Public Employers In The States Of Ca Nv And Az?

The mission of Healthinvest HRA Veba Trust is centered around providing high-quality, tax-advantaged Health Reimbursement Accounts (HRAs) for public employees in the states of California, Nevada, and Arizona. This trust aims to assist its participants and their dependents in funding qualified healthcare and welfare costs, thereby offering a viable method for covering these expenses. By offering these HRAs, the trust seeks to contribute positively to the wellbeing of the public workforce in these three states.

Who is the CEO of Healthinvest Hra Veba Trust For Public Employers In The States Of Ca Nv And Az?

Steven R Sherman is the Institutional Trustee of Healthinvest Hra Veba Trust For Public Employers In The States Of Ca Nv And Az.

What is the revenue of Healthinvest Hra Veba Trust For Public Employers In The States Of Ca Nv And Az?

Healthinvest Hra Veba Trust For Public Employers In The States Of Ca Nv And Az's revenue in 2022 was $295,224.

Who are the executives of Healthinvest Hra Veba Trust For Public Employers In The States Of Ca Nv And Az and what are their salaries?


There is 1 key member and their salary:


Washington Trust Bank Trustee (Institutional Trustee)
  • Compensation: $0
  • Related: $32,303
  • Other: $0
Where can I find the form 990 for Healthinvest Hra Veba Trust For Public Employers In The States Of Ca Nv And Az?

Healthinvest Hra Veba Trust For Public Employers In The States Of Ca Nv And Az's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Healthinvest Hra Veba Trust For Public Employers In The States Of Ca Nv And Az

Healthinvest HRA Veba Trust for Public Employers in the States of CA, NV, and AZ is dedicated to providing high-quality, tax-advantaged Health Reimbursement Plans (HRAs) for public employees in these states. The trust's primary mission is to manage the assets that fund qualified health and welfare costs for its participants and their dependents, ensuring that public employees have access to necessary healthcare resources. By offering these HRAs, Healthinvest HRA Veba Trust aims to provide a methodical and advantageous way for public employees to manage their healthcare expenses, thereby enhancing their overall well-being.

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Impact




October, 2024

Healthinvest HRA VEBA Trust for public employers in California, Nevada, and Arizona provides a structured financial mechanism for funding health and welfare costs for public employees and their dependents. By offering health reimbursement plans, the trust enables participants to manage and cover healthcare expenses in a tax-advantaged way, which can significantly ease the financial burden associated with medical costs.

This initiative directly impacts public sector employees by enhancing their access to quality healthcare services and supporting their overall well-being. The trust is crucial for fostering a healthier workforce, which can lead to improved job performance and satisfaction. Furthermore, it benefits public employers by creating a more attractive benefits package, assisting in recruitment and retention efforts, and promoting a more stable work environment.

Through its operations, the Healthinvest HRA VEBA Trust contributes to the economic security of public employees in the targeted states, ensuring they have the resources necessary to address healthcare needs effectively. This focus on healthcare reimbursement not only supports individual participants but also aligns with broader public health objectives within the communities served.




This information is meant to be a general summary of Healthinvest Hra Veba Trust For Public Employers In The States Of Ca Nv And Az. 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
$295,224 (2022)
Expenses
$322,071 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $37,269
  • Program Service Revenue: $257,955
  • Gross Receipts: $893,743

Assets and Liabilities:

  • Total Assets: $2,073,475
  • Total Liabilities: $4,292
  • Net Assets: $2,069,183

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Programs

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

PLAN CONTRIBUTIONS

Revenue

$257,955

Organization Details

Founding Year

2020

Principal Officer

Steven R Sherman

Main Address

906 W 2ND AVENUE 400, SPOKANE, WA, 99201

NTEE Category

Code: Y44 - Mutual benefit

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