South Washington County Schools Hra Trust is located in Cottage Grove, MN. The organization was established in 2011. According to its NTEE Classification (Y23) the organization is classified as: Mutual Insurance Companies & Associations, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Washington County Schools Hra Trust is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 12/2021, South Washington County Schools Hra Trust generated $5.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $4.1m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
A VOLUNTARY EMPLOYEES' BENEFICIARY ASSOCIATION (VEBA)TO FUND REIMBURSEMENT OF ELIGIBLE MEDICAL EXPENSES UNDER A HEALTH REIMBURSEMENT ARRANGEMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEALTH REIMBURSEMENT ARRANGEMENT FUNDED BY SOUTH WASHINGTON COUNTY SCHOOLS DISTRICT 833 PLAN BENEFITTING 2766 PARTICIPANTS THROUGHOUT THE PLAN YEAR 2021
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $5,346,235 |
Investment income | $63,780 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $81,137 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $5,491,152 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $3,984,280 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $61,462 |
Fees for services: Other | $33,692 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $4,079,434 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $15,384,332 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $15,384,332 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $15,384,332 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $15,384,332 |
Over the last fiscal year, we have identified 1 grants that South Washington County Schools Hra Trust has recieved totaling $2,473.
Awarding Organization | Amount |
---|---|
Campos Epc Foundation Denver, CO PURPOSE: SPHERO DONATION | $2,473 |
Organization Name | Assets | Revenue |
---|---|---|
South Washington County Schools Hra Trust Cottage Grove, MN | $15,384,332 | $5,491,152 |
Captive Insurance Companies Association Inc St Louis Park, MN | $1,768,950 | $1,288,661 |
Wisconsin Assoc Of Mutual Insurance Companies Deforest, WI | $455,411 | $632,080 |
Sumter Mutual Insurance Company Silver Lake, MN | $3,106,745 | $594,410 |
Bohemian Farmers Mutual Insurance Co Of Bon Homme County S Dak Tabor, SD | $1,203,119 | $567,635 |
Chisago Lakes Mutual Insurance Company Scandia, MN | $3,127,670 | $529,978 |
Minnesota Association Of Farm Mutual Insurance Companies Inc St Joseph, MN | $1,437,367 | $573,601 |
Moe Urness Lund Mutual Insurance Co Brandon, MN | $2,924,392 | $531,655 |
Leon Mutual Insurance Co Cannon Falls, MN | $1,056,576 | $359,640 |
New Munich Mutual Insurance Company Sauk Centre, MN | $1,517,283 | $481,086 |
Spring Grove Mutual Insurance Co Brodhead, WI | $1,959,861 | $596,197 |
Cascade Mutual Insurance Association Monticello, IA | $920,101 | $443,178 |