Overview
What is Kansas Bankers Association Welfare Benefit Fund?
The Kansas Bankers Association Welfare Benefit Fund is a nonprofit organization located in Topeka, Kansas (610 SW Corporate View). Its mission is to provide financial assistance for hospitalization, medical care, and dental care to selected employees of banks that have opted into the plan, which is a part of the Kansas Bankers Association. The organization's primary focus is on ensuring these employees receive essential healthcare coverage.
Official website here: www.ksbankers.com
What are the reviews and ratings of this charity?
The Kansas Bankers Association Welfare Benefit Fund is not currently rated by Charity Navigator, largely because it does not meet certain criteria required for an evaluation. Specifically, it lacks the essential beacon scores such as Accountability & Finance or Impact & Measurement needed for an assessment. The absence of a rating should not be viewed as a negative reflection, but rather an indication that the organization has not undergone a full review according to Charity Navigator's standards.
Historically, Charity Navigator evaluations focused on aspects like Accountability and Finance, without considering factors like Leadership & Adaptability or Impact & Measurement. However, the Fund is not yet eligible for these evaluations as it is not registered with the IRS as a 501(c)(3) nonprofit. Consequently, many details such as total revenue, expenses, and salaries of key personnel remain unavailable.
As there are no user reviews on GreatNonprofits, further insight into public sentiment or community impact is not available. For now, stakeholders must rely on any available organizational reports or other sources for additional details about the operations and effectiveness of the Kansas Bankers Association Welfare Benefit Fund.
This AI summary has been generated from information found on Charity Navigator.
Is Kansas Bankers Association Welfare Benefit Fund legitimate?
Kansas Bankers Association Welfare Benefit Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Kansas Bankers Association Welfare Benefit 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.ksbankers.com
What is the mission statement of Kansas Bankers Association Welfare Benefit Fund?
The Kansas Bankers Association Welfare Benefit Fund is dedicated to providing essential health care services for eligible employees of participating members in the association. Their primary objective is to ensure the payment of hospitalization, medical care, and dental care expenses. Through this commitment, the fund aims to alleviate financial burdens and contribute to the overall well-being of these individuals. By offering coverage for these vital services, the Kansas Bankers Association Welfare Benefit Fund plays an essential role in promoting the health and wellness of its members' workforce.
Official website here: www.ksbankers.com
Who is the CEO of Kansas Bankers Association Welfare Benefit Fund?
Eric Stofer is the Trustee of Kansas Bankers Association Welfare Benefit Fund.
Official website here: www.ksbankers.com
What is the revenue of Kansas Bankers Association Welfare Benefit Fund?
Kansas Bankers Association Welfare Benefit Fund's revenue in 2022 was $64,820,007.
Official website here: www.ksbankers.com
Who are the executives of Kansas Bankers Association Welfare Benefit Fund and what are their salaries?
There 16 volunteers at Kansas Bankers Association Welfare Benefit Fund.
There is 1 key member and their salary:
- Compensation: $0
- Related: $105,742
- Other: $32,670
Official website here: www.ksbankers.com
Where can I find the form 990 for Kansas Bankers Association Welfare Benefit Fund?
Kansas Bankers Association Welfare Benefit Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ksbankers.com
Learn more at the official website: www.ksbankers.com
Mission Statement of Kansas Bankers Association Welfare Benefit Fund
The Kansas Bankers Association Welfare Benefit Fund is a charitable organization that plays a significant role in providing essential healthcare services for certain employees of its participating members within the Kansas Bankers Association. In simple terms, the Fund is dedicated to ensuring the payment for hospitalization, medical care, and dental care for these employees.
Established with a clear-cut mission, the Fund prioritizes the financial wellbeing of its members' staff by covering their healthcare expenses. By doing so, it not only alleviates the financial burden on employees dealing with health issues but also allows them to focus on their recovery without worrying about the associated costs.
In operation, the Fund supports the healthcare needs of employees by making payments towards hospitalization, medical care, and dental care. This comprehensive coverage not only addresses immediate health concerns but also promotes long-term wellness by ensuring ongoing dental care. The Fund's efforts are crucial in ensuring that the employees of its affiliated banks have access to necessary healthcare services, providing them with peace of mind and improved quality of life.
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Impact
October, 2024
The Kansas Bankers Association Welfare Benefit Fund significantly impacts the well-being of employees working for member institutions by facilitating access to essential healthcare services. It provides financial support for hospitalization, medical care, and dental care, allowing participants to seek necessary treatments without the burden of overwhelming costs. This security enhances employee morale and job satisfaction, promoting a healthier workforce within the banking sector. By ensuring that employees can obtain medical attention when needed, the Fund contributes to overall employee retention and productivity, fostering a supportive environment for those employed by Kansas Bankers Association members.
This information is meant to be a general summary of Kansas Bankers Association Welfare Benefit 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 2022.
- Investment Income: $112,209
- Program Service Revenue: $64,707,798
- Gross Receipts: $64,820,007
Assets and Liabilities:
- Total Assets: $22,483,669
- Total Liabilities: $319,651
- Net Assets: $22,164,018
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$43,770,461
PARTICIPANT CONTRIBUTIONS
Revenue
$20,937,337
Organization Details
Founding Year
2012
Phone
(785) 232-3444Principal Officer
Eric Stofer
Main Address
610 SW CORPORATE VIEW, TOPEKA, KS, 66615
Website
www.ksbankers.comNTEE Category
Code: Y43 - Mutual benefit
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