Opoa Retention Benefit Plan

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

EIN: 943038681 ✦ Oakland, CA ✦ Designated as a 501(c)(9)

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Overview

What is Opoa Retention Benefit Plan?

The Opoa Retention Benefit Plan serves as a vital resource for its members, offering comprehensive medical, dental, and life insurance coverage. Beyond these essential benefits, the plan also manages a medical and dependent care reimbursement plan, aiming to enhance overall well-being for its members. In essence, the Opoa Retention Benefit Plan is dedicated to providing a wide range of health and associated benefits to its members.

Is Opoa Retention Benefit Plan legitimate?

Opoa Retention Benefit Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Opoa Retention Benefit Plan 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 Opoa Retention Benefit Plan?

The Opoa Retention Benefit Plan is dedicated to providing health and other benefits to its members. To accomplish this, it administers medical, dental, and life insurance policies. Additionally, the plan also manages a medical and dependent care reimbursement plan, serving to enhance the overall health and well-being of its members. In essence, the Opoa Retention Benefit Plan is committed to supporting its members by offering a comprehensive range of benefits.

Who is the CEO of Opoa Retention Benefit Plan?

Burney Matthews is the Trustee of Opoa Retention Benefit Plan.

What is the revenue of Opoa Retention Benefit Plan?

Opoa Retention Benefit Plan's revenue in 2022 was $1,168,303.

Who are the executives of Opoa Retention Benefit Plan and what are their salaries?


Here are 5 key members and their salaries:


Bob Nichelini (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Burney Matthews (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rudy Villegas (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcel Patterson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Dela Vega (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Opoa Retention Benefit Plan?

Opoa Retention Benefit Plan's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Opoa Retention Benefit Plan

The Opoa Retention Benefit Plan is an organization dedicated to providing health and other beneficial services to its members. Its primary mission is to administer medical, dental, and life insurance plans for its members, ensuring they have access to necessary medical care. Additionally, the plan administers a medical and dependent care reimbursement plan to further support the well-being of its members by providing them with additional health benefits. In essence, the Opoa Retention Benefit Plan is committed to enhancing the health and overall well-being of its members through various benefit offerings.

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Impact




October, 2024

The Opoa Retention Benefit Plan significantly impacts its members by providing essential health and other benefits that enhance their overall well-being. By administering comprehensive medical, dental, and life insurance, the plan ensures that members have access to critical health services, promoting a healthier community.

Additionally, the administration of medical and dependent care reimbursement plans adds financial support for families, allowing members to manage healthcare expenses more effectively. This emphasis on health and financial security not only strengthens individual member resilience but also cultivates a sense of mutual benefit and community support within Oakland, CA.

Overall, the Opoa Retention Benefit Plan plays a crucial role in enhancing the quality of life for its members, fostering both personal and collective well-being.




This information is meant to be a general summary of Opoa Retention Benefit Plan. 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
$1,168,303 (2022)
Expenses
$935,857 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $707,329
  • Program Service Revenue: $460,974
  • Gross Receipts: $1,168,303

Assets and Liabilities:

  • Total Assets: $9,842,103
  • Total Liabilities: $175,536
  • Net Assets: $9,666,567

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Programs

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

CITY OF OAKLAND

Revenue

$460,974

Organization Details

Principal Officer

Burney Matthews

Main Address

555 5th Street, Oakland, CA, 94607

NTEE Category

Code: Y40 - Mutual benefit

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