Clark Companies Medical Benefit Plan

Clark Medical Benefit Plan

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

EIN: 611084986 ✦ Bowling green, KY ✦ Designated as a 501(c)(9)

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Overview

What is Clark Companies Medical Benefit Plan?

Clark Companies Medical Benefit Plan is a nonprofit organization situated in Bowling Green, Kentucky. The primary objective of this organization is to extend medical benefits to its participants. It accomplishes this by facilitating programs that finance or cover these benefits. Operating as a fraternal beneficiary society and voluntary employees association, Clark Companies Medical Benefit Plan offers essential healthcare support to its members.

Is Clark Companies Medical Benefit Plan legitimate?

Clark Companies Medical Benefit Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. Clark Companies Medical Benefit Plan 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

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What is the mission statement of Clark Companies Medical Benefit Plan?

Clark Companies Medical Benefit Plan's mission is centered around offering medical benefits to its participants. This is accomplished through various programs that either pay for or cover these benefits. The organization functions as a fraternal beneficiary society and voluntary employees association, providing a safety net for its participants' health needs. Although the plan's location is not specified in the information, it's important to note that it operates with a commitment to ensuring its participants have access to necessary medical care.

Who is the CEO of Clark Companies Medical Benefit Plan?

William Dallas Clark Iii is the Trustee of Clark Companies Medical Benefit Plan.

What is the revenue of Clark Companies Medical Benefit Plan?

Clark Companies Medical Benefit Plan's revenue in 2022 was $7,201,552.

Who are the executives of Clark Companies Medical Benefit Plan and what are their salaries?


Here are 3 key members and their salaries:


George P Clark (Trustee)
  • Compensation: $0
  • Related: $997,128
  • Other: $22,938
William Dallas Clark Iii (Trustee)
  • Compensation: $0
  • Related: $975,800
  • Other: $15,611
Robert Clark (Trustee)
  • Compensation: $0
  • Related: $588,147
  • Other: $22,938
Where can I find the form 990 for Clark Companies Medical Benefit Plan?

Clark Companies Medical Benefit Plan's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Clark Companies Medical Benefit Plan

Clark Companies Medical Benefit Plan, functioning as a fraternal beneficiary society and voluntary employees association, is committed to providing medical benefits to its participants. This mission is achieved through various programs that pay for or cover these benefits, ensuring the health and well-being of its participants. The plan operates with the objective of providing financial assistance for medical expenses, thereby alleviating the financial burden on its participants. By offering medical benefits, Clark Companies Medical Benefit Plan contributes to the overall health and well-being of its members, enabling them to lead healthier lives.

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Impact




October, 2024

The Clark Companies Medical Benefit Plan significantly impacts its participants by providing essential medical benefits designed to meet their healthcare needs. By operating as a fraternal beneficiary society and voluntary employees association, it fosters a sense of community among members while offering programs that effectively cover medical expenses. This support not only enhances the overall well-being of participants but also alleviates financial burdens associated with healthcare costs. Located in Bowling Green, KY, the plan's mission resonates with those seeking mutual benefits, contributing to improved access to healthcare services and promoting a healthier community.




This information is meant to be a general summary of Clark Companies Medical Benefit Plan. 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
$7,201,552 (2022)
Expenses
$7,460,758 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $460
  • Program Service Revenue: $7,201,092
  • Gross Receipts: $7,201,552

Assets and Liabilities:

  • Total Assets: $196,682
  • Total Liabilities: $185,371
  • Net Assets: $11,311

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Programs

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

EMPLOYER CONTRIBUTION

Revenue

$4,605,405

PARTICIPANT CONTRIBUTION

Revenue

$2,579,208

COBRA CONTRIBUTION

Revenue

$16,479

Organization Details

Founding Year

1985

Principal Officer

William Dallas Clark Iii

Main Address

PO BOX 988, BOWLING GREEN, KY, 421020988

NTEE Category

Code: Y40 - Mutual benefit

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