Overview
What is Nd Banks Benefit Trust?
The ND Banks Benefit Trust is a nonprofit organization that manages and distributes benefits as outlined in their Plan Document. As of December 31, 2021, they cover approximately 3,057 individuals for health insurance, 1,625 individuals for dental insurance, and 1,186 individuals for vision insurance. In order to enhance communication and access to benefits, the trust has recently partnered with a new broker to offer innovative tools such as BrainShark training videos and a mobile application. The trust's mission is to provide and maintain the benefits determined by the Benefit Plan Trustees and to administer the plan in accordance with ERISA.
What are the reviews and ratings of this charity?
Nd Banks Benefit Trust is not currently rated by Charity Navigator. This absence of a rating is not indicative of the organization’s performance but reflects that it has not been evaluated under Charity Navigator's criteria, primarily due to its non-501(c)(3) status. Charity Navigator typically evaluates nonprofits registered as 501(c)(3), which this trust is not.
The organization's historical data and impact assessments are not available, emphasizing that it cannot be evaluated under the typical Accountability & Finance methodology. Moreover, this trust lacks data on total revenue, expenses, and salaries of key persons, leaving financial oversight relatively unaddressed.
Due to the absence of reviews on GreatNonprofits, user feedback doesn’t provide additional insights into the trust's functioning or community impact. The lack of this information further limits the assessment scope, making a comprehensive evaluation challenging at this time.
This AI summary has been generated from information found on Charity Navigator.
Is Nd Banks Benefit Trust legitimate?
Nd Banks Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Nd Banks Benefit 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 Nd Banks Benefit Trust?
The Nd Banks Benefit Trust is dedicated to administering and providing benefits as determined by the Benefit Plan Trustees, in accordance with ERISA. As of December 31, 2021, the trust covers approximately 3,057 individuals for Health Insurance, 1,625 for Dental Insurance, and 1,186 for Vision Insurance. In an effort to enhance benefits communication, the trust has contracted with a new broker to offer innovative tools such as on-demand BrainShark training videos and a mobile app.
Who is the CEO of Nd Banks Benefit Trust?
Sarah Getzlaff is the Chairman of Nd Banks Benefit Trust.
What is the revenue of Nd Banks Benefit Trust?
Nd Banks Benefit Trust's revenue in 2022 was $20,262,476.
Who are the executives of Nd Banks Benefit Trust and what are their salaries?
There 7 volunteers at Nd Banks Benefit Trust.
Here are 7 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: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Nd Banks Benefit Trust?
Nd Banks Benefit Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Nd Banks Benefit Trust
Nd Banks Benefit Trust is a mission-driven organization committed to providing and maintaining benefits for its members as determined by the Benefit Plan Trustees. The trust's primary goal is to ensure the well-being of approximately 3,057 individuals who are covered under its Health Insurance plan, 1,625 individuals for Dental Insurance, and 1,186 individuals for Vision Insurance, as stated on December 31, 2021.
In order to effectively serve its members, Nd Banks Benefit Trust has contracted with a new broker to introduce innovative communication tools. These tools include on-demand BrainShark training videos and a mobile application, making it easier for members to access essential information and resources related to their insurance plans. By doing so, the trust is able to streamline the administration of its plans and better serve the needs of its beneficiaries.
Nd Banks Benefit Trust's dedication to its members extends beyond just insurance coverage. The organization is steadfast in its mission to provide the benefits outlined in the Plan Document, ensuring that its beneficiaries have access to essential services and support when they need it most. By covering a significant number of individuals for various insurance plans, Nd Banks Benefit Trust plays a vital role in enhancing the overall health and well-being of its members.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Nd Banks Benefit Trust plays a pivotal role in enhancing the well-being of over 3,000 individuals by providing comprehensive health, dental, and vision insurance coverage. As of December 31, 2021, the trust covers approximately 3,057 persons for health insurance, 1,625 for dental insurance, and 1,186 for vision insurance. This extensive coverage ensures that a significant portion of the community has access to essential health services, promoting overall health and wellness.
The trust is dedicated to maintaining and administering these benefits according to the Plan Document, ensuring that beneficiaries receive the support they need. By contracting with a new broker, Nd Banks Benefit Trust has introduced innovative communication tools, such as on-demand BrainShark training videos and a mobile app, allowing beneficiaries to access vital information easily. This commitment to effective communication enhances understanding and engagement with the benefits provided, ultimately fostering better health outcomes and satisfaction among participants.
In summary, Nd Banks Benefit Trust significantly impacts the community by providing essential health benefits, fostering informed decision-making, and improving overall health literacy among its participants.
This information is meant to be a general summary of Nd Banks Benefit 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: $32,028
- Program Service Revenue: $20,230,448
- Gross Receipts: $20,262,476
Assets and Liabilities:
- Total Assets: $11,065,335
- Total Liabilities: $0
- Net Assets: $11,065,335
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Member Contributions
Revenue
$20,230,448
Organization Details
Founding Year
2014
Phone
(701) 223-5303Principal Officer
Sarah Getzlaff
Main Address
122 E Main Ave Ste 201, Bismarck, ND, 585013889
NTEE Category
Code: Y44 - Mutual benefit
If you are a representative of Nd Banks Benefit Trust and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.