Nebraska Bankers Assn Voluntary Employees Beneficiary Association

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

EIN: 476092059 ✦ Lincoln, NE ✦ Designated as a 501(c)(9)

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Overview

What is Nebraska Bankers Assn Voluntary Employees Beneficiary Association?

The Nebraska Bankers Association Voluntary Employees Beneficiary Association is a nonprofit organization dedicated to offering group health, dental, vision, life, and disability insurance coverage for employees of NBA member banks. Over 10,000 employees and their dependents are enrolled in the health insurance plans managed by Blue Cross Blue Shield of Nebraska, situated in Lincoln. This mission-driven association aims to provide comprehensive benefits to banking sector employees, ensuring their well-being and peace of mind.


Official website here: www.nebankers.org

Is Nebraska Bankers Assn Voluntary Employees Beneficiary Association legitimate?

Nebraska Bankers Assn Voluntary Employees Beneficiary Association is a legitimate nonprofit organization registered as a 501(c)(9) entity. Nebraska Bankers Assn Voluntary Employees Beneficiary Association 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.nebankers.org

What is the mission statement of Nebraska Bankers Assn Voluntary Employees Beneficiary Association?

The Nebraska Bankers Association Voluntary Employees Beneficiary Association functions as a non-profit organization, offering group health, dental, vision, life, and disability coverage to the employees of member banks. With over 10,000 employees and their dependents enrolled, the association aims to ensure their wellbeing by providing comprehensive insurance plans. The coverage is administered through Blue Cross Blue Shield of Nebraska, and the mission of the association remains focused on the welfare and health of its members. By collaborating with Blue Cross Blue Shield, the association offers peace of mind and security to banking employees and their families. Through its group insurance plans, it strives to protect the financial and medical needs of the banking community.


Official website here: www.nebankers.org

Who is the CEO of Nebraska Bankers Assn Voluntary Employees Beneficiary Association?

Dallen George is the Past Chairman of Nebraska Bankers Assn Voluntary Employees Beneficiary Association.


Official website here: www.nebankers.org

What is the revenue of Nebraska Bankers Assn Voluntary Employees Beneficiary Association?

Nebraska Bankers Assn Voluntary Employees Beneficiary Association's revenue in 2022 was $72,017,098.


Official website here: www.nebankers.org

Who are the executives of Nebraska Bankers Assn Voluntary Employees Beneficiary Association and what are their salaries?

There 10 volunteers at Nebraska Bankers Assn Voluntary Employees Beneficiary Association.


Here are 10 key members and their salaries:


Timothy Clark (Past Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dallen George (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kimberly Schroll (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katy Wolf Bode (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Koranda (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Chochon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Esch (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Hecker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Varney (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Smith (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nebankers.org

Where can I find the form 990 for Nebraska Bankers Assn Voluntary Employees Beneficiary Association?

Nebraska Bankers Assn Voluntary Employees Beneficiary Association's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nebankers.org

Learn more at the official website: www.nebankers.org

Mission Statement of Nebraska Bankers Assn Voluntary Employees Beneficiary Association

The Nebraska Bankers Association Voluntary Employees Beneficiary Association, often referred to as NBAVEBA, is a dedicated organization that focuses on offering group health, dental, vision, life, and disability coverage to the employees of member banks within the Nebraska Bankers Association. With over 10,000 employees and their dependents receiving coverage, NBAVEBA functions as a mission-driven entity striving to secure the wellbeing of its members.

Through its collaborative efforts with Blue Cross Blue Shield of Nebraska, NBAVEBA administers these comprehensive insurance plans, ensuring that members have access to essential medical benefits. By pooling resources as a collective, NBAVEBA enables its member banks to provide competitive and valuable benefits to their employees, ultimately fostering improved morale and retention.

Additionally, NBAVEBA's offerings extend beyond traditional insurance plans. As a prioritized concern, the organization strives to provide a robust and inclusive benefits package that caters to the diverse needs of its members. The association's commitment to its mission ensures that its coverage options remain well-rounded and responsive to the evolving requirements of the workforce. In essence, NBAVEBA is an indispensable partner for its member banks, delivering peace of mind and comprehensive coverage to their employees.

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Impact




October, 2024

The Nebraska Bankers Association Voluntary Employees Beneficiary Association significantly enhances the welfare of employees working at member banks by offering a wide array of essential benefits. By providing group health, dental, vision, life, and disability coverage, it ensures that over 10,000 employees and their dependents have access to critical healthcare services and financial support in times of need.

This initiative not only promotes the health and well-being of employees but also contributes to workforce stability and job satisfaction within the banking sector in Nebraska. The coverage options, administered by Blue Cross Blue Shield of Nebraska, are designed to meet the diverse needs of employees, allowing them to focus on their work without the added stress of uncertain healthcare costs.

The association's commitment to supporting financial security and wellness for employees helps create a more motivated and resilient workforce, positively impacting the overall financial health of member institutions. By prioritizing employee benefits, the organization fosters a culture of mutual benefit that underlines the importance of investing in human capital within the banking community.




This information is meant to be a general summary of Nebraska Bankers Assn Voluntary Employees Beneficiary Association. 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
$72,017,098 (2022)
Expenses
$73,563,173 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $296,964
  • Program Service Revenue: $70,796,795
  • Gross Receipts: $72,017,098

Assets and Liabilities:

  • Total Assets: $73,057,486
  • Total Liabilities: $55,299,916
  • Net Assets: $17,757,570

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Programs

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

NET PREMIUMS COLLECTED

Revenue

$70,796,795

Organization Details

Founding Year

1974

Principal Officer

Dallen George

Main Address

PO BOX 80008, LINCOLN, NE, 68501

NTEE Category

Code: Y40 - Mutual benefit

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