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.
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 not tax deductible.
Here 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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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.
Impact
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.
Thursday, August 15, 2024
Nd Banks Benefit Trust impacts the lives of approximately 3,057 individuals for health insurance, 1,625 individuals for dental insurance, and 1,186 individuals for vision insurance as of December 31, 2021. The trust's dedication to providing and maintaining these essential benefits helps ensure the well-being and security of its beneficiaries. Additionally, by implementing innovative benefits communication tools such as on-demand BrainShark training videos and a mobile app through a new broker, the trust is enhancing the overall experience and engagement of its members. Overall, Nd Banks Benefit Trust plays a vital role in supporting the health and financial security of its beneficiaries.
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.
- Assets and Liabilities:
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) 223-5303
Principal 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.