Overview
What is Wisconsin Bankers Association Insurance Trust Fund?
The Wisconsin Bankers Association Insurance Trust Fund is a nonprofit entity headquartered in Sun Prairie, Wisconsin, specifically located at 695 S Grand Ave 101. Its primary mission is to extend health and welfare benefits to its valued members. The organization's focus lies in managing and distributing these benefits to ensure the wellbeing of those associated with it.
What are the reviews and ratings of this charity?
The Wisconsin Bankers Association Insurance Trust Fund is currently not rated by Charity Navigator. This absence of a rating is due to its classification as a non-501(c)(3) organization, making it ineligible for evaluation under Charity Navigator’s existing methodologies, which focus on nonprofits registered with the IRS under this specific designation. Consequently, its operations and financial details, such as total revenue, expenses, and salaries of key personnel, remain unevaluated.
Historically, Charity Navigator's ratings primarily revolved around Accountability and Finance for applicable organizations, but this Trust Fund's structural classification precludes it from being analyzed similarly. While its independent nature and affiliation status are recognized, the lack of a formal rating does not inherently convey positive or negative performance, merely indicating it hasn't been assessed under these criteria.
No user reviews from GreatNonprofits are available to provide additional insights or community perceptions about the organization. This lack of qualitative feedback alongside quantitative analysis leaves a gap in publicly accessible evaluation and understanding of the Trust Fund’s impact and operational efficiency.
This AI summary has been generated from information found on Charity Navigator.
Is Wisconsin Bankers Association Insurance Trust Fund legitimate?
Wisconsin Bankers Association Insurance Trust Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Wisconsin Bankers Association Insurance Trust Fund 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: $6,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Wisconsin Bankers Association Insurance Trust Fund?
The Wisconsin Bankers Association Insurance Trust Fund is dedicated to extending health and welfare benefits to its member base. Through various payments and provisions, the organization fulfills this mission, ensuring the well-being of those who are part of its community. By focusing on the provision of these essential benefits, the Trust Fund aims to foster a sense of security and support for its members. The organization's commitment to delivering these benefits is a testament to its dedication to the financial and personal welfare of its members. In doing so, the Wisconsin Bankers Association Insurance Trust Fund enhances the overall quality of life for its members, making a meaningful difference in their daily lives.
What is the revenue of Wisconsin Bankers Association Insurance Trust Fund?
Wisconsin Bankers Association Insurance Trust Fund's revenue in 2023 was $22,408,308.
Who are the executives of Wisconsin Bankers Association Insurance Trust Fund and what are their salaries?
There 4 volunteers at Wisconsin Bankers Association Insurance Trust Fund.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $6,000
- Related: $0
- Other: $0
Where can I find the form 990 for Wisconsin Bankers Association Insurance Trust Fund?
Wisconsin Bankers Association Insurance Trust Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Wisconsin Bankers Association Insurance Trust Fund
The Wisconsin Bankers Association Insurance Trust Fund is a nonprofit organization dedicated to extending health and welfare benefits to its esteemed members. This trust fund's primary mission revolves around providing essential benefits to enhance the well-being of its banking association members.
In pursuit of this goal, the Trust Fund makes vital payments to ensure that its members gain access to comprehensive health and welfare benefits. This commitment to delivering benefits is a testament to the organization's unwavering dedication to the financial community it serves.
By focusing on the provision of health and welfare benefits, the Wisconsin Bankers Association Insurance Trust Fund plays a crucial role in contributing to the overall well-being and satisfaction of its members. This not only helps to improve the quality of life for individuals within the banking sector but also fosters a strong and supportive community.
Through its mission, the organization fosters a sense of security and peace of mind for its members, allowing them to focus on their professional endeavors while knowing that they have access to valuable resources when they need them most. With this commitment, the Wisconsin Bankers Association Insurance Trust Fund stands as a vital partner in the banking community, providing essential support and benefits to its esteemed members.
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Impact
October, 2024
The Wisconsin Bankers Association Insurance Trust Fund plays a significant role in enhancing the health and welfare of its members through targeted benefits. By providing financial assistance for health-related expenses, the Trust Fund ensures that members have access to essential healthcare services, which can lead to improved well-being and productivity. This support not only aids individual members but also fosters a stronger community among banking professionals in Wisconsin. The focus on mutual benefit reinforces a culture of collaboration and shared resources, ultimately contributing to the financial stability and resilience of the banking sector in the region.
This information is meant to be a general summary of Wisconsin Bankers Association Insurance Trust Fund. 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: $4,839
- Program Service Revenue: $22,078,455
- Gross Receipts: $22,408,308
Assets and Liabilities:
- Total Assets: $516,652
- Total Liabilities: $0
- Net Assets: $516,652
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRIBUTIONS FOR WELFARE BENEFIT
Revenue
$22,078,455
Organization Details
Founding Year
1956
Principal Officer
Charlie Schmalz
NTEE Category
Code: Y40 - Mutual benefit
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