Railroad Employees National Health Flexible Spending Account Plan

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

EIN: 800868908 ✦ Arlington, VA ✦ Designated as a 501(c)(9)

Overview

What is Railroad Employees National Health Flexible Spending Account Plan?

The Railroad Employees National Health Flexible Spending Account Plan is a nonprofit organization dedicated to providing employee welfare benefits in accordance with collective bargaining agreements. Their primary objective is to offer these benefits and facilitate a pretax reimbursement system for participants' qualified medical expenses. The plan serves as a valuable resource for eligible individuals, ensuring they have access to essential health coverage.


Is Railroad Employees National Health Flexible Spending Account Plan legitimate?

Railroad Employees National Health Flexible Spending Account Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Railroad Employees National Health Flexible Spending Account 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 not tax deductible.

Here 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 Railroad Employees National Health Flexible Spending Account Plan?
Who is the CEO of Railroad Employees National Health Flexible Spending Account Plan?
What is the revenue of Railroad Employees National Health Flexible Spending Account Plan?
Who are the executives of Railroad Employees National Health Flexible Spending Account Plan and what are their salaries?
Where can I find the form 990 for Railroad Employees National Health Flexible Spending Account Plan?

Mission Statement of Railroad Employees National Health Flexible Spending Account Plan

The Railroad Employees National Health Flexible Spending Account Plan is a mission-driven organization dedicated to providing employee welfare benefits as outlined in collective bargaining agreements. By offering these benefits, the Plan aims to enhance the wellbeing of its participants. The core function of the Plan is to serve as a conduit for reimbursing qualified medical expenses on a pretax basis, adding significant financial value to those it serves. In essence, the Railroad Employees National Health Flexible Spending Account Plan plays a vital role in easing the financial burden of medical costs for its participants.

Impact

This information is meant to be a general summary of Railroad Employees National Health Flexible Spending Account Plan. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The impact of the Railroad Employees National Health Flexible Spending Account Plan is significant in providing employee welfare benefits to railroad employees covered by collective bargaining agreements. By offering a mechanism for participants to be reimbursed for qualified medical expenses on a pre-tax basis, the plan helps alleviate the financial burden of healthcare costs for these employees. This support contributes to the overall well-being and financial stability of the railroad workers who rely on the plan for accessing essential healthcare services with greater ease and affordability.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

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

  • Investment Income: $48,816
  • Program Service Revenue: $19,756,328
  • Gross Receipts: $19,805,144

    • Assets and Liabilities:
  • Total Assets: $5,766,221
  • Total Liabilities: $99,381
  • Net Assets: $5,666,840
  • Programs

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

    PARTICIPANT CONTRIBUTIONS

    Revenue

    $19,383,175

    EMPLOYER CONTRIBUTIONS

    Revenue

    $114,087

    COBRA CONTRIBUTIONS

    Revenue

    $259,066

    Organization Details

    Founding Year

    2013

    Principal Officer

    Brendan M Branon

    Main Address

    251 - 18TH STREET SOUTH Suite 750, ARLINGTON, VA, 22202

    NTEE Category

    Code: Y43 - Mutual benefit

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