Overview
What is School Employees Benefit Trust Co Mcm Cpas & Advisors?
School Employees Benefit Trust Co Mcm Cpas & Advisors is a nonprofit organization based in Cincinnati, Ohio, with an address at 201 East Fifth Street, Suite 2100, ZIP code 45202. Their primary mission is to provide health care benefits to approximately 1,408 participating school employees and their families. By pooling the claims experience and purchasing power of public school districts, the Trust aims to offer stable premium rates and low expense levels. They specialize in offering medical and prescription drug coverage to their members.
Is School Employees Benefit Trust Co Mcm Cpas & Advisors legitimate?
School Employees Benefit Trust Co Mcm Cpas & Advisors is a legitimate nonprofit organization registered as a 501(c)(9) entity. School Employees Benefit Trust Co Mcm Cpas & Advisors 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.
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What is the mission statement of School Employees Benefit Trust Co Mcm Cpas & Advisors?
The School Employees Benefit Trust Co Mcm Cpas & Advisors is dedicated to extending health care coverage to employees working in public schools. By pooling together the claims experience and purchasing power of various school districts, the Trust ensures the availability of steady premium rates and minimal expenses. Approximately 1,408 individuals and their families reap the benefits of this mission, receiving essential medical and prescription drug coverage. The organization's primary goal is to offer dependable health care services to participating school employees.
Who is the CEO of School Employees Benefit Trust Co Mcm Cpas & Advisors?
Kevin Dines is the Trustee of School Employees Benefit Trust Co Mcm Cpas & Advisors.
What is the revenue of School Employees Benefit Trust Co Mcm Cpas & Advisors?
School Employees Benefit Trust Co Mcm Cpas & Advisors's revenue in 2022 was $20,592,525.
Who are the executives of School Employees Benefit Trust Co Mcm Cpas & Advisors and what are their salaries?
Here are 23 key members and their salaries:
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Where can I find the form 990 for School Employees Benefit Trust Co Mcm Cpas & Advisors?
School Employees Benefit Trust Co Mcm Cpas & Advisors's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of School Employees Benefit Trust Co Mcm Cpas & Advisors
School Employees Benefit Trust Co Mcm Cpas & Advisors is a mission-driven organization committed to extending health care coverage to participating school employees. By pooling the claims experience and buying power of various public school districts, the Trust ensures stable premium rates and low expense levels for its members. In essence, the Trust serves as a collaborative platform that brings together the collective bargaining power of schools to secure affordable and comprehensive health benefits for their employees.
Approximately 1,408 individuals and their families reap the benefits of this collective effort, gaining access to crucial medical and prescription drug coverage. The Trust's primary objective is to provide stability in health care costs for its members, empowering them to focus on their roles within the educational community without the burden of skyrocketing premiums or expansive out-of-pocket expenses.
In summary, School Employees Benefit Trust Co Mcm Cpas & Advisors is a vital partner to public schools across the board. By optimizing the collective buying power and claims experience of its constituents, the Trust ensures that participating school employees have access to dependable and affordable health care coverage, enabling them to focus on their essential roles within the educational sector.
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Impact
October, 2024
School Employees Benefit Trust Co Mcm Cpas & Advisors plays a crucial role in offering health care coverage to school employees, impacting approximately 1,408 individuals and families in Cincinnati, OH. By pooling the claims experience and buying power of public school districts, the Trust ensures stable premium rates and minimizes expenses. This strategic approach not only enhances access to essential medical care and prescription drugs for participating school staff but also contributes to financial stability for school districts by promoting efficient resource utilization. Through its focused mission, the Trust significantly improves the overall well-being of school employees, enabling them to dedicate themselves more effectively to their crucial roles in education.
This information is meant to be a general summary of School Employees Benefit Trust Co Mcm Cpas & Advisors. 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 2022.
- Investment Income: $220,807
- Program Service Revenue: $20,369,507
- Gross Receipts: $20,592,525
Assets and Liabilities:
- Total Assets: $18,538,430
- Total Liabilities: $6,677,145
- Net Assets: $11,861,285
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Participants contribution
Revenue
$20,369,507
Organization Details
Founding Year
1980
Phone
(513) 579-1717Principal Officer
Kevin Dines
Main Address
201 East Fifth Street 2100, Cincinnati, OH, 45202
NTEE Category
Code: Y40 - Mutual benefit
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