City Of Covington Retiree Funded Hra Trust is located in Covington, GA. The organization was established in 2018. According to its NTEE Classification (J12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. City Of Covington Retiree Funded 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 06/2024, City Of Covington Retiree Funded Hra Trust generated $101.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (10.9%) each year. All expenses for the organization totaled $105.2k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (4.4%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
HEALTH REIMBURSEMENT ARRANGEMENT BY ORGANIZATION HAD APPROXIMATELY 59 PARTICIPANTS WHO RECEIVED MEDICAL CARE IN THE AMOUNT OF $97,551.
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $101,447 |
Membership dues | $0 |
Investment income | $432 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $101,879 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $97,551 |
Salaries, other compensation, and employee benefits | $500 |
Professional fees and other payments to independent contractors | $7,149 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $0 |
Total expenses | $105,200 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $445,965 |
Other assets | $0 |
Total assets | $445,965 |
Total liabilities | $0 |
Net assets or fund balances | $445,965 |
Organization Name | Assets | Revenue |
---|---|---|
Central Florida Jobs With Justice Corp Orlando, FL | $1,892,598 | $2,152,955 |
City Of Covington Retiree Funded Hra Trust Covington, GA | $445,965 | $0 |
Jobs With Justice Education Fund Nashville, TN | $38,390 | $0 |
Trooper Nolan Sanders Foundation Goldsboro, NC | $125,927 | $54,443 |
Loganville Employee Emergency Assistance Fund Corp Loganville, GA | $9,228 | $0 |
Thomas Del Torto Memorial Foundation Inc Alva, FL | $5,594 | $0 |
Ian A Mackechnie Family Foundation Inc Tampa, FL | $0 | $0 |