Overview
What is Private Education Employers' Trust?
Private Education Employers' Trust (PEET) is a collaborative consortium of nine small, private, non-profit independent schools and colleges in St. Louis, Missouri (63101). By pooling their resources, PEET enables its members to collectively purchase group health insurance, thereby securing improved pricing and broader access to insurance coverage for their participants. The mission of PEET lies in providing group insurance coverage for these private educational institutions.
Is Private Education Employers' Trust legitimate?
Private Education Employers' Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Private Education Employers' 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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What is the mission statement of Private Education Employers' Trust?
The Private Education Employers' Trust (PEET) is a consortium of nine small, private, not-for-profit independent schools and colleges. Their mission is to provide group insurance coverage for their members, enabling them to pool their resources and purchase insurance collectively. By doing so, they aim to secure better pricing and wider access to insurance benefits for their participants. This collaborative approach to insurance sourcing empowers these educational institutions to focus on their primary mission of providing quality education, while PEET handles the logistics of securing adequate and affordable insurance coverage for their employees.
Who is the CEO of Private Education Employers' Trust?
Beth Brookshier is the Chairman/Trustee of Private Education Employers' Trust.
What is the revenue of Private Education Employers' Trust?
Private Education Employers' Trust's revenue in 2022 was $12,211,417.
Who are the executives of Private Education Employers' Trust and what are their salaries?
There 9 volunteers at Private Education Employers' Trust.
Here are 9 key members and their salaries:
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Where can I find the form 990 for Private Education Employers' Trust?
Private Education Employers' Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Private Education Employers' Trust
Private Education Employers' Trust (PEET) is a consortium of nine small, private, not-for-profit independent schools and colleges pooling their resources to purchase group health insurance collectively. In doing so, PEET aims to provide better pricing and access to participants. The organization's mission lies in offering group insurance coverage for the education sector.
PEET is a unique collaboration among independent schools and colleges, working together to secure comprehensive and cost-effective health insurance solutions. By combining their buying power, these institutions ensure that their employees have access to quality insurance benefits, which is essential for attracting and retaining top talent. The trust empowers its member schools to offer competitive benefits packages, allowing them to maintain a strong workforce and, by extension, provide an optimal educational experience for their students.
The collective bargaining power of PEET enables its members to negotiate favorable rates and coverage terms with insurance providers. This collaborative approach to purchasing group insurance leads to better pricing and access for the participating institutions and their employees. The trust's mission to provide group insurance coverage for private schools not only benefits the institutions but also the individuals they employ, ultimately contributing to the overall well-being of the educational community.
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Impact
October, 2024
Private Education Employers' Trust (PEET) plays a significant role in enhancing the operational stability of small, independent private schools and colleges through its group insurance coverage initiatives. By pooling resources from nine member institutions, PEET allows these educational organizations to access collective pricing and improved benefits in health insurance. This collaborative approach not only alleviates the financial burdens typically associated with securing comprehensive health coverage but also fosters a supportive network among schools. As a result, educators and staff in these private institutions gain better access to healthcare resources, which contributes to their overall well-being and job satisfaction. Additionally, PEET's model encourages financial efficiency, allowing schools to allocate more resources towards educational programs and student services. Ultimately, the impact of PEET extends beyond insurance coverage; it strengthens the educational community and promotes the sustainability of independent education.
This information is meant to be a general summary of Private Education Employers' 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: $423
- Program Service Revenue: $12,210,994
- Gross Receipts: $12,211,417
Assets and Liabilities:
- Total Assets: $393,729
- Total Liabilities: $0
- Net Assets: $393,729
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBER ASSESSMENTS
Revenue
$12,210,994
Organization Details
Founding Year
1992
Phone
(314) 231-8066Principal Officer
Beth Brookshier
Main Address
701 MARKET STREET 300, ST LOUIS, MO, 63101
NTEE Category
Code: Y40 - Mutual benefit
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