Montana Credit Union League Group 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: 376420195 ✦ Helena, MT ✦ Designated as a 501(c)(9)

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Overview

What is Montana Credit Union League Group Benefits Trust?

The Montana Credit Union League Group Benefits Trust is a nonprofit organization situated in Helena, Montana. Its primary function is to offer group benefits to the employees of its association members. They accomplish this by managing insurance premiums and expenses. Operating under the umbrella of fraternal beneficiary societies and voluntary employees associations, their mission is centered around providing comprehensive benefits packages to the workforce of their affiliated credit unions.


Official website here: www.mcun.coop

What do the Facebook reviews say about Montana Credit Union League Group Benefits Trust?

100% of 5 reviewers on Facebook recommend the Montana Credit Union League Group Benefits Trust. Here is a summary of their reviews:

Reviewers express heartfelt appreciation for the support and resources provided by the organization. One standout experience highlighted was an engaging presentation during an Employee Appreciation Day, showcasing the trust's commitment to employee wellbeing and education.

Overall, the positive sentiment emphasizes the trust's effectiveness in delivering valuable insights and fostering a supportive environment for its members. The trust clearly aligns with its mission, and users feel grateful for the services and guidance it offers.


This AI summary has been generated from reviews found on Facebook.

Is Montana Credit Union League Group Benefits Trust legitimate?

Montana Credit Union League Group Benefits Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Montana Credit Union League Group 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.mcun.coop

What is the mission statement of Montana Credit Union League Group Benefits Trust?

The Montana Credit Union League Group Benefits Trust is dedicated to providing group benefits to the employees of its association members. This mission is accomplished through the management of insurance premiums and expenses, operating as fraternal beneficiary societies and voluntary employees associations. The trust aims to offer comprehensive benefit solutions, thereby enhancing the well-being and financial security of the employees. It serves as a valuable resource for its association members, providing them with essential benefits packages. The trust's operations are focused on ensuring the employees have access to crucial benefits, thereby promoting overall employee satisfaction and well-being.


Official website here: www.mcun.coop

What is the revenue of Montana Credit Union League Group Benefits Trust?

Montana Credit Union League Group Benefits Trust's revenue in 2023 was $6,724,794.


Official website here: www.mcun.coop

Who are the executives of Montana Credit Union League Group Benefits Trust and what are their salaries?

There 7 volunteers at Montana Credit Union League Group Benefits Trust.

Here are 9 key members and their salaries:


Gerald Singleton Begin 7123 (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Grooms (Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Annamarie Deyoung (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Hagadone Through 92023 (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emily Guldborg (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eddie Black (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Anderson Begin 92023 (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wade Mcfadden (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracie Kenyon Chair Thru 5323 (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mcun.coop

Where can I find the form 990 for Montana Credit Union League Group Benefits Trust?

Montana Credit Union League Group Benefits Trust's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.mcun.coop

Learn more at the official website: www.mcun.coop

Mission Statement of Montana Credit Union League Group Benefits Trust

The Montana Credit Union League Group Benefits Trust, as a mission-driven organization, is dedicated to providing group benefits to the employees of its association members. Operating under the guise of fraternal beneficiary societies and voluntary employees associations, this entity channels its efforts into offering insurance premiums and managing related expenses, thereby ensuring the well-being of a vast pool of employees. By doing so, the Montana Credit Union League Group Benefits Trust serves as a vital support system, helping to enhance the overall quality of life for its beneficiaries.

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Impact




October, 2024

Montana Credit Union League Group Benefits Trust significantly enhances the welfare of employees working for association members by providing essential group benefits. Through the collective power of its members, this organization effectively negotiates insurance premiums and covers expenses related to employee benefits.

By concentrating on the unique needs of credit unions and their employees, it fosters a supportive environment where staff can access quality insurance options, which in turn boosts employee morale and enhances job satisfaction. Located in Helena, MT, the Trust plays a crucial role in ensuring that employees feel valued and protected, which can lead to increased retention and productivity within those organizations.

Additionally, by operating as a fraternal beneficiary society and voluntary employees association, it cultivates a sense of community among its members, reinforcing the mutual benefit aspect of the services it provides. Overall, the impact of the Montana Credit Union League Group Benefits Trust translates into improved employee well-being and strengthens the stability of the credit unions it serves.




This information is meant to be a general summary of Montana Credit Union League Group 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
$6,724,794 (2023)
Expenses
$6,587,465 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $201,414
  • Program Service Revenue: $6,523,380
  • Gross Receipts: $6,724,794

Assets and Liabilities:

  • Total Assets: $4,341,117
  • Total Liabilities: $0
  • Net Assets: $4,341,117

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Programs

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

HEALTH INSURANCE PREMI

Revenue

$5,168,928

REBATES AND REFUNDS

Revenue

$1,354,452

Organization Details

Founding Year

2007

Principal Officer

Gerry Singleton

NTEE Category

Code: Y43 - Mutual benefit

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