Overview
What is Kentucky Farm Bureau Health Benefits Trust?
The Kentucky Farm Bureau Health Benefits Trust, situated in Louisville, Kentucky, serves as a fraternal beneficiary society and voluntary employees association. Its primary objective is to fund retirement medical benefits for its members. The Trust's operations revolve around handling health claims associated with retiree medical benefits, as part of its mission to support the medical needs of its retirees.
Is Kentucky Farm Bureau Health Benefits Trust legitimate?
Kentucky Farm Bureau Health Benefits Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Kentucky Farm Bureau Health Benefits Trust 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $31,498
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Kentucky Farm Bureau Health Benefits Trust?
The Kentucky Farm Bureau Health Benefits Trust, as a fraternal beneficiary society and voluntary employees association, is dedicated to funding retiree medical benefits. Their main objective is to manage programs that provide medical coverage for retirees. The Trust's mission encompasses handling health claims related to retiree medical benefits.
Who is the CEO of Kentucky Farm Bureau Health Benefits Trust?
John Sparrow is the CEO of Kentucky Farm Bureau Health Benefits Trust The CEO's salary of Kentucky Farm Bureau Health Benefits Trust is $0 and their total compensation is $0.
What is the revenue of Kentucky Farm Bureau Health Benefits Trust?
Kentucky Farm Bureau Health Benefits Trust's revenue in 2023 was $478,717.
Who are the executives of Kentucky Farm Bureau Health Benefits Trust and what are their salaries?
Here are 6 key members and their salaries (Kentucky Farm Bureau Health Benefits Trust's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $31,498
- Related: $0
- Other: $0
Where can I find the form 990 for Kentucky Farm Bureau Health Benefits Trust?
Kentucky Farm Bureau Health Benefits Trust's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Kentucky Farm Bureau Health Benefits Trust
Kentucky Farm Bureau Health Benefits Trust, as a fraternal beneficiary society and voluntary employees association, is dedicated to funding retiree medical benefits. Its primary mission is to provide support for the healthcare needs of retirees, ensuring they have access to necessary medical services after their active employment. The Trust accomplishes this goal through its programs, which primarily involve processing health claims related to retiree medical benefits. By focusing on this vital aspect, Kentucky Farm Bureau Health Benefits Trust seeks to alleviate some of the financial burden associated with retirement healthcare, thereby enhancing the quality of life for its beneficiaries.
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Impact
October, 2024
Kentucky Farm Bureau Health Benefits Trust plays a significant role in supporting the health and wellbeing of retirees by funding medical benefits. Based in Louisville, KY, this organization addresses the critical need for reliable healthcare coverage among retirees, ensuring they have access to necessary health services.
By providing retirement medical benefits, the Trust alleviates financial burdens associated with healthcare costs, allowing retirees to focus on their well-being during their golden years. The programs offered include the administration of health claims specifically for retirees, which streamlines access to medical resources and contributes to improved health outcomes.
Through its mission, the Kentucky Farm Bureau Health Benefits Trust not only secures financial assistance but also fosters a sense of community and support among retirees, reinforcing their dignity and quality of life after their working years. This initiative stands as a vital lifeline for many, making a profound difference in their healthcare access and management.
This information is meant to be a general summary of Kentucky Farm Bureau Health Benefits Trust. 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 2023.
- Investment Income: $3,596,889
- Program Service Revenue: $796,021
- Gross Receipts: $5,693,745
Assets and Liabilities:
- Total Assets: $112,930,207
- Total Liabilities: $268,022
- Net Assets: $112,662,185
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARTICIPANT CONTRIBUTIONS
Revenue
$754,922
EMPLOYER CONTRIBUTIONS
Revenue
$41,099
Organization Details
Founding Year
2004
Principal Officer
Jena Stone
NTEE Category
Code: Y430 - Mutual benefit
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