Overview
What is Veba Trust For Public Employees In The Northwest?
The Veba Trust for Public Employees in the Northwest is a nonprofit organization based in Spokane, Washington. It manages the assets of a Voluntary Employees' Beneficiary Association Health Care Reimbursement Plan, designed for public sector employees from counties, cities, towns, special purpose districts, and similar entities in Washington, Oregon, and Idaho. Their primary mission is to facilitate the provision of qualified health and welfare benefits for these employees and their dependents. The trust ensures regulatory compliance, efficient administration, prudent investments, and excellent service, offering a tax-free health reimbursement arrangement (HRA) to the public servants.
Official website here: www.hraveba.org
What are the reviews and ratings of this charity?
The Veba Trust For Public Employees In The Northwest is not currently rated by Charity Navigator. This is mainly due to the organization not being a 501(c)(3) IRS registered nonprofit, which is a requirement for evaluation by Charity Navigator. Without the necessary registration, the organization cannot be assessed under the Accountability & Finance, Impact & Measurement, Culture & Community, or Leadership & Adaptability beacons typically used by Charity Navigator.
The significance of not being rated does not imply a negative or positive assessment, rather it highlights the organization’s differing structure which sets it apart from the categories typically evaluated. Despite this, the lack of available data such as Total Revenue and Expenses and Salary of Key Persons further prevents a comprehensive evaluation by Charity Navigator.
Currently, there are no user reviews available on GreatNonprofits for Veba Trust For Public Employees In The Northwest. This absence of reviews makes it challenging to gather insights directly from those who have interacted with the organization, leaving its impact and reputation largely undocumented in public feedback forums.
This AI summary has been generated from information found on Charity Navigator.
Is Veba Trust For Public Employees In The Northwest legitimate?
Veba Trust For Public Employees In The Northwest is a legitimate nonprofit organization registered as a 501(c)(9) entity. Veba Trust For Public Employees In The Northwest 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.
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Official website here: www.hraveba.org
What is the mission statement of Veba Trust For Public Employees In The Northwest?
The Veba Trust for Public Employees in the Northwest is committed to offering qualified health and welfare benefits to its members. The trust serves employees of public entities, including counties, cities, towns, and special purpose districts in Washington, Oregon, and Idaho. By establishing a tax-free health reimbursement arrangement (HRA), the trust ensures compliance with regulatory requirements and delivers efficient administration, prudent investments, and excellent service to its participants. The primary goal is to provide a robust and effective solution for funding health and welfare benefits, enhancing the well-being and financial security of its members and their dependents.
Official website here: www.hraveba.org
Who is the CEO of Veba Trust For Public Employees In The Northwest?
Douglas G Detling is the Chairman of Veba Trust For Public Employees In The Northwest.
Official website here: www.hraveba.org
What is the revenue of Veba Trust For Public Employees In The Northwest?
Veba Trust For Public Employees In The Northwest's revenue in 2022 was $161,942,003.
Official website here: www.hraveba.org
Who are the executives of Veba Trust For Public Employees In The Northwest and what are their salaries?
Here are 7 key members and their salaries:
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Official website here: www.hraveba.org
Where can I find the form 990 for Veba Trust For Public Employees In The Northwest?
Veba Trust For Public Employees In The Northwest's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hraveba.org
Learn more at the official website: www.hraveba.org
Mission Statement of Veba Trust For Public Employees In The Northwest
Veba Trust For Public Employees In The Northwest, a tax-exempt organization, is dedicated to offering qualified health and welfare benefits to public employees in the Northwest region. The Trust's primary mission is to provide these employees, who work for counties, cities, towns, special purpose districts, or similar entities in Washington, Oregon, or Idaho, with a tax-free Health Reimbursement Arrangement (HRA).
The Trust's focus is on ensuring regulatory compliance, efficient administration, and prudent investments to deliver a superior service to its participants. By managing the assets of the Voluntary Employees' Beneficiary Association Health Care Reimbursement Plan, the Trust enables public employees and their dependents to access and fund qualified health and welfare benefits, making their lives easier in the process. The organization's commitment to a compliant, efficient, prudent, and well-serviced experience is a testament to its dedication to improving the lives and wellbeing of its members.
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Impact
October, 2024
Veba Trust For Public Employees In The Northwest plays a crucial role in enhancing the health and welfare benefits for public employees across Washington, Oregon, and Idaho. By managing the assets of the Voluntary Employees' Beneficiary Association Health Care Reimbursement Plan, it ensures that employees of counties, cities, towns, and special purpose districts have access to qualified health benefits. This trust facilitates a tax-free health reimbursement arrangement (HRA), allowing public sector workers and their dependents to manage healthcare costs effectively.
Its impact extends beyond mere financial support; the trust emphasizes regulatory compliance, efficient administration, and prudent investments, which collectively contribute to the overall well-being of public employees. By providing a streamlined method to fund health benefits, it alleviates some of the financial pressures on workers tasked with delivering essential services to their communities. Moreover, the superb service offered by the trust ensures that participants can navigate their benefits with ease, ultimately fostering a more secure and supportive work environment for those dedicated to public service.
This information is meant to be a general summary of Veba Trust For Public Employees In The Northwest. 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: $25,058,162
- Program Service Revenue: $136,883,841
- Gross Receipts: $347,701,918
Assets and Liabilities:
- Total Assets: $742,000,780
- Total Liabilities: $2,591,822
- Net Assets: $739,408,958
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Plan contributions
Revenue
$136,883,841
Organization Details
Founding Year
1990
Phone
(509) 838-5571Principal Officer
Douglas G Detling
Main Address
906 W 2nd Avenue 400, Spokane, WA, 992014502
Website
www.hraveba.orgNTEE Category
Code: Y44 - Mutual benefit
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