Overview
What is Central Bancompany Inc Voluntary Employees Beneficiary Assn?
Central Bancompany Inc Voluntary Employees Beneficiary Assn is a nonprofit organization dedicated to offering medical and dental coverage to the employees of Central Bancompany Inc. and its subsidiaries, as well as their dependents. This association is responsible for paying insurance premiums and covering the medical and dental expenses related to this coverage. Their mission is to ensure the well-being of the workforce by providing essential healthcare benefits.
Is Central Bancompany Inc Voluntary Employees Beneficiary Assn legitimate?
Central Bancompany Inc Voluntary Employees Beneficiary Assn is a legitimate nonprofit organization registered as a 501(c)(9) entity. Central Bancompany Inc Voluntary Employees Beneficiary Assn 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
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What is the mission statement of Central Bancompany Inc Voluntary Employees Beneficiary Assn?
The Central Bancompany Inc Voluntary Employees Beneficiary Assn is dedicated to ensuring the health and wellbeing of its members. Its mission is to offer medical and dental coverage to the employees of Central Bancompany Inc and its subsidiaries, as well as their dependents. Through this provision of insurance, the organization enables its members to access necessary healthcare services, securing their peace of mind. The assn assumes financial responsibility for insurance premiums and covers associated medical and dental expenses for the employees and their dependents. This commitment to health coverage enhances the overall quality of life for those it serves.
Who is the CEO of Central Bancompany Inc Voluntary Employees Beneficiary Assn?
Unavailable
What is the revenue of Central Bancompany Inc Voluntary Employees Beneficiary Assn?
Central Bancompany Inc Voluntary Employees Beneficiary Assn's revenue in 2022 was $24,284,516.
Who are the executives of Central Bancompany Inc Voluntary Employees Beneficiary Assn and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Central Bancompany Inc Voluntary Employees Beneficiary Assn?
Central Bancompany Inc Voluntary Employees Beneficiary Assn's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Central Bancompany Inc Voluntary Employees Beneficiary Assn
Central Bancompany Inc Voluntary Employees Beneficiary Assn, also known as the CBVEBAs, is a dedicated organization with a mission to extend medical and dental coverage to the employees of Central Bancompany Inc and its subsidiaries, as well as to their dependents. This nonprofit entity ensures that eligible individuals have access to essential health benefits, providing them with peace of mind and promoting overall well-being.
In practice, the CBVEBAs assumes financial responsibility for the insurance premiums and the reimbursement of medical and dental expenses incurred by the employees and their dependents under its coverage. By doing so, the organization plays a vital role in enhancing the quality of life for its beneficiaries, allowing them to focus on their professional and personal commitments without the added burden of worrying about their healthcare needs.
Furthermore, the CBVEBAs' commitment to the well-being of its members goes beyond just providing insurance coverage. The Assn is an essential partner in facilitating access to healthcare services for its members, ensuring they have the necessary resources and support to address their medical requirements effectively. This dedication to its mission ultimately leads to a stronger, healthier, and more engaged workforce for Central Bancompany Inc and its subsidiaries.
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Impact
October, 2024
Central Bancompany Inc Voluntary Employees Beneficiary Association plays a crucial role in ensuring the well-being of employees and their dependents within Central Bancompany and its subsidiaries. By providing medical and dental coverage, the organization alleviates the financial burden associated with healthcare expenses, allowing employees to focus on their work and personal lives without the stress of medical costs.
The association's commitment to paying insurance premiums and covering medical and dental expenses directly impacts employee satisfaction and retention. When employees know they have access to necessary healthcare services, it enhances their overall morale and productivity. Moreover, this supportive environment fosters a sense of security and stability, which is essential for maintaining a motivated workforce.
Overall, the association contributes to a healthier, more engaged workforce, which in turn can lead to improved performance and success for Central Bancompany and its subsidiaries.
This information is meant to be a general summary of Central Bancompany Inc Voluntary Employees Beneficiary Assn. 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: $116,915
- Program Service Revenue: $24,167,601
- Gross Receipts: $24,284,516
Assets and Liabilities:
- Total Assets: $10,894,561
- Total Liabilities: $0
- Net Assets: $10,894,561
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Employer Contributions
Revenue
$13,405,160
Participant Contributions
Revenue
$7,787,951
Reinsurance Reimbursements
Revenue
$758,673
Plan Rebates
Revenue
$2,215,817
Organization Details
Founding Year
1975
Phone
(573) 556-6875Main Address
238 MADISON STREET, JEFFERSON CTY, MO, 651013230
NTEE Category
Code: Y40 - Mutual benefit
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