Ohio Bankers Benefits Trust

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 316172509 ✦ Columbus, OH ✦ Designated as a 501(c)(9)

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Overview

What is Ohio Bankers Benefits Trust?

Ohio Bankers Benefits Trust is a nonprofit organization based in Columbus, Ohio, with the address 4215 Worth Ave 300. The primary mission of this organization is to offer welfare benefits to its members and their dependents. It operates as a Multiple Employer Welfare Arrangement (MEWA), providing essential healthcare coverage such as medical, dental, vision, prescription drug benefits, and life insurance. This MEWA aims to cater to the needs of its members by offering a comprehensive range of benefits.


Official website here: www.ohiobankersleague.com/employee-benefits

What are the reviews and ratings of this charity?

The Ohio Bankers Benefits Trust is currently not rated on Charity Navigator. This lack of rating does not imply a positive or negative assessment but simply indicates an absence of evaluation. The organization is not a 501(c)(3) IRS registered nonprofit, which means it cannot be assessed under Charity Navigator's standard methodologies for Accountability & Finance, Impact & Measurement, Culture & Community, or Leadership & Adaptability.

While historical ratings primarily focused on a version of today's Accountability and Finance criteria, there is no available data on total revenue, expenses, or salaries of key persons. As an independent auxiliary, the Trust provides specific services likely tailored to the banking sector but lacks a traditional nonprofit structure for evaluation under Charity Navigator's current criteria.

With no available user reviews from GreatNonprofits, it's challenging to gauge public perception or direct feedback from those impacted by the Trust. This further emphasizes the need for more transparency and data to provide a comprehensive assessment of their operations and community impact.


This AI summary has been generated from information found on Charity Navigator.

Is Ohio Bankers Benefits Trust legitimate?

Ohio Bankers Benefits Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Ohio Bankers 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.ohiobankersleague.com/employee-benefits

What is the mission statement of Ohio Bankers Benefits Trust?

Ohio Bankers Benefits Trust functions as a Multiple Employer Welfare Arrangement (MEWA), offering medical, dental, vision, prescription drug benefits, and life insurance to its member organizations and their dependents. The organization's primary goal is to ensure the well-being of its members by providing comprehensive welfare benefits. Through this initiative, it aims to help its members manage the health and financial security of their workforce effectively. By pooling resources and expertise, Ohio Bankers Benefits Trust enables smaller organizations to access competitive benefit plans that they may not be able to offer independently. The organization's mission is centered around collaborating with its members to deliver essential benefits, ultimately contributing to the overall well-being and satisfaction of their workforce.


Official website here: www.ohiobankersleague.com/employee-benefits

Who is the CEO of Ohio Bankers Benefits Trust?

Gauri Airi is the Trustee of Ohio Bankers Benefits Trust.


Official website here: www.ohiobankersleague.com/employee-benefits

What is the revenue of Ohio Bankers Benefits Trust?

Ohio Bankers Benefits Trust's revenue in 2022 was $27,314,699.


Official website here: www.ohiobankersleague.com/employee-benefits

Who are the executives of Ohio Bankers Benefits Trust and what are their salaries?


Here are 7 key members and their salaries:


John Essen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Masters (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dean Miller (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Reed (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lewis Renollet (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Zimmerly (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gauri Airi (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ohiobankersleague.com/employee-benefits

Where can I find the form 990 for Ohio Bankers Benefits Trust?

Ohio Bankers Benefits Trust's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ohiobankersleague.com/employee-benefits

Learn more at the official website: www.ohiobankersleague.com/employee-benefits

Mission Statement of Ohio Bankers Benefits Trust

Ohio Bankers Benefits Trust, as a Multiple Employer Welfare Arrangement (MEWA), plays a vital role in offering medical, dental, vision, prescription drug benefits, and life insurance to its members and their dependents. The organization serves as a collective platform for various entities, pooling resources to extend comprehensive welfare benefits. By doing so, it ensures that its members have access to competitive and affordable coverage options, thereby promoting their overall well-being.

Ohio Bankers Benefits Trust is committed to delivering essential benefits to its members, enabling them to focus on their professional and personal lives while having peace of mind regarding their healthcare needs. The organization's mission is to provide a wide range of benefits under one umbrella, catering to the diverse needs of its members and their families. Through its MEWA model, the Trust streamlines the process of securing insurance coverage, making it a convenient and efficient solution for its members.

Moreover, by pooling resources and negotiating favorable rates with insurance providers, Ohio Bankers Benefits Trust is able to offer competitive pricing and extensive coverage options to its members. This not only saves them time and effort but also ensures that they have access to high-quality benefits at affordable prices. The organization's focus on collaboration and collective bargaining empowers its members to have a greater voice in the insurance market, ultimately resulting in better coverage and more value for their contributions.

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Impact




October, 2024

Ohio Bankers Benefits Trust significantly impacts the financial and physical well-being of its members and their families by offering essential welfare benefits. As a Multiple Employer Welfare Arrangement (MEWA), it provides comprehensive medical, dental, vision, prescription drug benefits, and life insurance. This allows member organizations to collectively offer high-quality health care solutions that might be challenging to obtain individually, ensuring that employees and their dependents have access to necessary health services. The trust supports the workforce in Ohio by enhancing overall employee satisfaction and retention through these valuable benefits, ultimately contributing to the stability and growth of the participating banks and financial institutions.




This information is meant to be a general summary of Ohio Bankers 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.

Revenue
$27,314,699 (2022)
Expenses
$33,285,996 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $158,334
  • Program Service Revenue: $27,156,365
  • Gross Receipts: $27,314,699

Assets and Liabilities:

  • Total Assets: $14,714,407
  • Total Liabilities: $3,896,567
  • Net Assets: $10,817,840

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBER CONTRIBS.

Revenue

$27,156,365

Organization Details

Founding Year

1997

Principal Officer

Gauri Airi

Main Address

4215 WORTH AVE 300, COLUMBUS, OH, 43219

NTEE Category

Code: Y40 - Mutual benefit

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