Nonprofit · EIN 56-6626298
STATE OF INDIANA HEALTH REIMBURSEMENT ARRANGEMENT HRA
Tax-exempt · SPOKANE, WA 99201
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $26,487,841 | $18,639,965 | $7,847,876 | $342,634,381 | $508,727 | $342,125,654 |
| December 31, 2023 | 990 | $18,718,469 | $18,294,541 | $423,928 | $321,245,258 | $345,931 | $320,899,327 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $7,867,840
- Investment income
- $18,620,001
- Net gain from sales of assets
- $1,602,244
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Benefits paid to members
- $16,859,032
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
Balance sheet and other
- Total assets, start of year
- $321,245,258
- Total assets, end of year
- $342,634,381
- Total liabilities, end of year
- $508,727
- Net assets, end of year
- $342,125,654
- Publicly traded securities
- $234,565,549
- Net assets with donor restrictions
- $342,125,654
- Gross receipts
- $38,659,237
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2003
- State of legal domicile
- WA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| Washington Trust Bank | Trustee Institutional trustee | 2 | $0 | $108,603 |
990 for the year ended December 31, 2023: 1 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| Washington Trust Bank | Trustee Institutional trustee | 2 | $0 | $102,805 |
Address and contacts
- Address (IRS master file)
- 221 N WALL ST STE 201, SPOKANE, WA 99201-0822
- In care of
- % HRA ADMINISTRATOR LLC
- Principal officer (990 for 2024)
- Steven R Sherman, 221 N Wall Street 201, Spokane, WA 99201
- Signed the 990
- Steven R Sherman, Trustee Representative
- Phone
- (509) 838-5571
- Website
- IndianaHRA.com
- Return prepared by
- SCHOEDEL & SCHOEDEL CPAS PLLC
Mission
The Trust has been established to provide employees with health benefits as set forth in the related plan, while they are eligible to receive such benefits, and to provide such other permissible payments as may be determined from time to time. It is intended that the benefits and payments provided by the related plan and funded through the Trust be "life, sick, accident, or other benefits" as that phrase is defined in Section 501(c)(9) of the Internal Revenue Code.
Program accomplishments
- This trust holds the assets of the State of Indiana Health Reimbursement Arrangement "HRA" Account Plan (the Plan) for employees of school corporations and governmental employers within the State of Indiana. The Plan is a defined contribution, health and welfare benefit plan commonly referred to as a "health reimbursement arrangement" plan. The Plan is designed to be a tax-free account for participants to pay health benefits not provided by Social Security, Medicare, or any other health insurance contract or plan. The payments or reimbursements may not be made for items paid or payable by any other insurance contract or plan, or for expenses that are deducted by the participant under any Section of the Internal Revenue Code or which were incurred prior to becoming a participant of the Plan. Reimbursement may be made for the out-of-pocket portion of premiums due for Medicare. The aforementioned expenses must be expenses of the participants, the spouses of the participants and/or the tax-qualified dependents of the participants.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 56-6626298
- Tax-exempt status
- 501(c)(9): Voluntary employees' beneficiary association
- Donations deductible
- No
- Exempt since
- 2005
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Mutual and membership benefit (Y43)
- Assets (IRS master file)
- $342,634,381
- Income (IRS master file)
- $38,659,237
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $26,487,841 | $18,639,965 | $342,634,381 | XML |
| 990 | December 2023 | $18,718,469 | $18,294,541 | $321,245,258 | XML |
| 990 | December 2022 | $19,798,932 | $18,922,046 | $298,738,342 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 56-6626298).
Questions about STATE OF INDIANA HEALTH REIMBURSEMENT ARRANGEMENT HRA
- What is the EIN of STATE OF INDIANA HEALTH REIMBURSEMENT ARRANGEMENT HRA?
- The employer identification number (EIN) of STATE OF INDIANA HEALTH REIMBURSEMENT ARRANGEMENT HRA is 56-6626298.
- Is STATE OF INDIANA HEALTH REIMBURSEMENT ARRANGEMENT HRA tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 2005.
- Are donations to STATE OF INDIANA HEALTH REIMBURSEMENT ARRANGEMENT HRA tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does STATE OF INDIANA HEALTH REIMBURSEMENT ARRANGEMENT HRA file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of STATE OF INDIANA HEALTH REIMBURSEMENT ARRANGEMENT HRA due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did STATE OF INDIANA HEALTH REIMBURSEMENT ARRANGEMENT HRA last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of STATE OF INDIANA HEALTH REIMBURSEMENT ARRANGEMENT HRA?
- The 990 for the year ended December 31, 2024 names Steven R Sherman.
- Who are the officers and directors of STATE OF INDIANA HEALTH REIMBURSEMENT ARRANGEMENT HRA?
- The 990 for the year ended December 31, 2024 lists 1 person; 0 received compensation from the organization.
- How much revenue does STATE OF INDIANA HEALTH REIMBURSEMENT ARRANGEMENT HRA have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $26,487,841, expenses of $18,639,965 and total assets of $342,634,381 at year end.
Other nonprofits in SPOKANE
- VOLUNTARY EMPLOYEES BENEFICIARY ASSOC TR FOR PUB EMPL STATE OF WA EIN 94-3131623 · last filed 990 for 2025
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- LAW ENFORCEMENT OFFICERS & FIRE FIGHTERS HEALTH AND WELFARE TR EIN 94-3041314 · last filed 990 for 2025
- HEALTH ALLIANCE FOR TECHNOLOGY HEALTH TRUST EIN 26-3521521 · last filed 990 for 2024
- WASHINGTON FARM BUREAU HEALTH CARE TR EIN 20-2326700 · last filed 990 for 2024
- WASHINGTON COMMERCIAL CONSTRUCTION HEALTH TRUST EIN 46-7048407 · last filed 990 for 2024
- WASHINGTON BUSINESS SERVICES HEALTH TRUST EIN 46-7042893 · last filed 990 for 2024
- WASHINGTON RETAIL HEALTH TRUST EIN 46-7046583 · last filed 990 for 2024
All nonprofits in SPOKANE · Washington · Mutual and membership benefit