Overview
What is Christian Brothers Employee Benefit Trust?
The Christian Brothers Employee Benefit Trust is a nonprofit organization based in Romeoville, Illinois, with the address 1205 Windham Parkway. Its primary mission is to provide a range of self-insured medical, dental, vision, long-term disability, as well as insured group life and accidental death and dismemberment coverage to employees of qualified participating employers. This trust was established under the Christian Brothers Employee Benefit Plan to fund and manage the employees' benefits.
Official website here: www.cbservices.org
What are the reviews and ratings of this charity?
The Christian Brothers Employee Benefit Trust is currently not rated by Charity Navigator due to its status as a non-501(c)(3) organization. This absence of evaluation is not an indication of performance but rather a result of it not meeting the criteria necessary for a rating, which requires either an Accountability & Finance or an Impact & Measurement beacon.
Without being registered as a 501(c)(3), the organization is ineligible for the various methodologies employed by Charity Navigator, including Accountability & Finance, Impact & Measurement, Culture & Community, and Leadership & Adaptability. This limitation highlights a significant gap in data availability, such as revenue, expense, and compensation information, which relies on electronically filed Form 990 data.
There are no user reviews available from GreatNonprofits, thus no public feedback is accessible to provide further insights into the organization's operations or stakeholder experiences. Consequently, potential donors and interested parties lack vital performance assessments and cannot draw from community testimonials.
This AI summary has been generated from information found on Charity Navigator.
Is Christian Brothers Employee Benefit Trust legitimate?
Christian Brothers Employee Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Christian Brothers Employee Benefit 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:
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For more financial information, click here
Official website here: www.cbservices.org
What is the mission statement of Christian Brothers Employee Benefit Trust?
The Christian Brothers Employee Benefit Trust was created with the purpose of financing employee benefits under the Christian Brothers Employee Benefit Plan. This trust provides a comprehensive program of self-insured medical, dental, vision, long-term disability, and insured group life and accidental death and dismemberment coverage to eligible employees of participating employers. The trust aims to ensure that the employees receive essential benefits to support their overall wellbeing.
Official website here: www.cbservices.org
Who is the CEO of Christian Brothers Employee Benefit Trust?
Patrick Feehan is the Trustee of Christian Brothers Employee Benefit Trust.
Official website here: www.cbservices.org
What is the revenue of Christian Brothers Employee Benefit Trust?
Christian Brothers Employee Benefit Trust's revenue in 2022 was $342,039,665.
Official website here: www.cbservices.org
Who are the executives of Christian Brothers Employee Benefit Trust and what are their salaries?
Here are 7 key members and their salaries:
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Official website here: www.cbservices.org
Where can I find the form 990 for Christian Brothers Employee Benefit Trust?
Christian Brothers Employee Benefit Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cbservices.org
Learn more at the official website: www.cbservices.org
Mission Statement of Christian Brothers Employee Benefit Trust
Christian Brothers Employee Benefit Trust, a vital organization, was established to ensure the funding of employee benefits under the Christian Brothers Employee Benefit Plan. In simple terms, it functions as a self-insured program providing medical, dental, vision, long-term disability coverage, and group life and accidental death & dismemberment insurance for employees of qualifying employers. By doing so, it offers financial security and peace of mind to its beneficiaries.
The trust is dedicated to the well-being of its members, working behind the scenes to manage the intricacies of employee benefits. Its commitment extends to offering comprehensive coverage, allowing employees to focus on their roles and responsibilities within their organizations. By taking care of the benefits, Christian Brothers Employee Benefit Trust enables employers to attract and retain top talent while maintaining a competitive edge in the labor market.
The trust's mission is twofold. First, it prioritizes the health and wellness of its members by funding essential benefits. Second, it empowers employers to maintain a strong workforce by offering attractive benefit packages. In this way, Christian Brothers Employee Benefit Trust plays a crucial role in fostering a stable and thriving workforce.
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Impact
October, 2024
Christian Brothers Employee Benefit Trust plays a crucial role in supporting the health and well-being of employees associated with qualified participating employers. By providing a comprehensive program that includes self-insured medical, dental, and vision benefits, as well as long-term disability insurance and group life coverage, it ensures that employees have access to essential health services and financial security in times of need.
Located in Romeoville, IL, the Trust is dedicated to empowering employees through its robust benefits plan, which not only enhances their physical health but also contributes to their overall peace of mind. This focus on mutual benefit fosters a sense of community and commitment among employers and employees alike, ultimately promoting a healthier workforce. The Trust's consistent support helps to alleviate the financial burdens of healthcare, making it easier for employees to focus on their work and personal lives.
This information is meant to be a general summary of Christian Brothers Employee Benefit 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 2022.
- Investment Income: $1,928,388
- Program Service Revenue: $332,731,203
- Gross Receipts: $371,404,916
Assets and Liabilities:
- Total Assets: $188,636,588
- Total Liabilities: $51,619,672
- Net Assets: $137,016,916
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRIB-MED/DENT/VIS
Revenue
$330,562,022
CONTRIB-LIFE INSURANCE
Revenue
$1,177,291
CONTRIB-DISABILITY
Revenue
$991,890
Organization Details
Founding Year
1987
Phone
(630) 378-2900Principal Officer
Patrick Feehan
Main Address
1205 WINDHAM PARKWAY, ROMEOVILLE, IL, 604461679
Website
www.cbservices.orgNTEE Category
Code: Y40 - Mutual benefit
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