Src Benefits Programs Trust

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 436489905 ✦ Springfield, MO ✦ Designated as a 501(c)(9)

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Overview

What is Src Benefits Programs Trust?

The SRC Benefits Programs Trust is a nonprofit organization dedicated to providing healthcare benefits for its members. This is accomplished through various programs that cover premiums for health, disability, and life insurance, as well as directly paying for participants' healthcare expenses. The trust's mission is to ensure its members have access to essential healthcare services, thereby enhancing their overall well-being.

Is Src Benefits Programs Trust legitimate?

Src Benefits Programs Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Src Benefits Programs 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

What is the mission statement of Src Benefits Programs Trust?

The Src Benefits Programs Trust's mission is to provide healthcare benefits for its members. This is accomplished through various programs that cover premiums for health, disability, and life insurance, as well as funding for the participants' actual healthcare expenses. The organization's primary goal is to ensure its members have access to essential healthcare services. It achieves this by managing and financing healthcare benefits, thereby alleviating financial burdens associated with healthcare costs.

Who is the CEO of Src Benefits Programs Trust?

William D Sheppard is the Trustee of Src Benefits Programs Trust.

What is the revenue of Src Benefits Programs Trust?

Src Benefits Programs Trust's revenue in 2023 was $10,026,834.

Who are the executives of Src Benefits Programs Trust and what are their salaries?

There 3 volunteers at Src Benefits Programs Trust.


Here are 4 key members and their salaries:


Laura Ruzicka (Plan Adminis)
  • Compensation: $0
  • Related: $0
  • Other: $0
William D Sheppard (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John P Stack (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Src Holdings Corporation (Plan Sponsor)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Src Benefits Programs Trust?

Src Benefits Programs Trust's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Src Benefits Programs Trust

Src Benefits Programs Trust, as a nonprofit organization, is dedicated to providing healthcare benefits for its members. Its mission is to fund various programs that cover premiums for health, disability, and life insurance. Additionally, the trust pays for the healthcare benefits of its participants, ensuring they have access to essential medical services. By offering these comprehensive healthcare benefits, Src Benefits Programs Trust aims to support and protect the well-being of its members, providing them with peace of mind during challenging times.

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Impact




October, 2024

The SRC Benefits Programs Trust significantly enhances the well-being of its members by providing comprehensive healthcare benefits. By funding programs that cover premiums for health, disability, and life insurance, the Trust ensures that members have access to essential health services and financial protection in times of need. This approach not only alleviates the financial burden associated with healthcare expenses but also promotes a healthier and more secure community.

Members benefit from the assurance that their healthcare needs are met, allowing them to focus on their personal and professional lives without the constant worry of potential medical costs. The Trust’s mission to support participants reinforces a sense of mutual benefit, fostering a supportive environment where individuals can thrive. Ultimately, the SRC Benefits Programs Trust plays a crucial role in enhancing the overall quality of life for its members and the community they serve.




This information is meant to be a general summary of Src Benefits Programs 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
$10,026,834 (2023)
Expenses
$9,548,965 (2023)
Efficiency

Other financial information:

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

  • Program Service Revenue: $10,026,834
  • Gross Receipts: $10,026,834

Assets and Liabilities:

  • Total Assets: $1,010,550
  • Total Liabilities: $414,592
  • Net Assets: $595,958

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$7,683,370

EMPLOYEE CONTRIBUTIONS

Revenue

$1,941,323

REINSURANCE REIMBURSEMENT

Revenue

$398,301

REBATES

Revenue

$3,840

Organization Details

Founding Year

1994

Principal Officer

William D Sheppard

Main Address

531 S UNION, SPRINGFIELD, MO, 65802

NTEE Category

Code: Y40 - Mutual benefit

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