Overview
What is The Peoples Bank Employee Medical Benefits Plan?
The Peoples Bank Employee Medical Benefits Plan is a voluntary employee beneficiary association, established to offer medical and dental benefits to employees of its sponsor. This nonprofit organization operates on a self-insured basis, meaning it manages its own medical risks and funds. The plan aims to enhance the wellbeing of its employees by providing them with essential healthcare services. It operates out of Ripley, Mississippi, as specified in its USAddress details.
Is The Peoples Bank Employee Medical Benefits Plan legitimate?
The Peoples Bank Employee Medical Benefits Plan is a legitimate nonprofit organization registered as a 501(c)(9) entity. The Peoples Bank Employee Medical Benefits 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 The Peoples Bank Employee Medical Benefits Plan?
The Peoples Bank Employee Medical Benefits Plan serves as a Voluntary Employee Beneficiary Association, offering medical and dental benefits to its sponsor's employees. It does so through a self-insured plan, aiming to provide essential healthcare coverage to its beneficiaries. The plan's mission is to ensure that employees have access to necessary medical and dental care, thereby improving their overall well-being. By offering these benefits, the plan aims to support the employees' health and wellness, enhancing their quality of life.
Who is the CEO of The Peoples Bank Employee Medical Benefits Plan?
Mary Childs is the Trustee of The Peoples Bank Employee Medical Benefits Plan.
What is the revenue of The Peoples Bank Employee Medical Benefits Plan?
The Peoples Bank Employee Medical Benefits Plan's revenue in 2022 was $576,664.
Who are the executives of The Peoples Bank Employee Medical Benefits Plan and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The Peoples Bank Employee Medical Benefits Plan?
The Peoples Bank Employee Medical Benefits Plan's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Peoples Bank Employee Medical Benefits Plan
The Peoples Bank Employee Medical Benefits Plan, as a voluntary employee beneficiary association, is dedicated to providing medical and dental benefits to its sponsor's employees. This organization operates on a self-insured plan, implying that it manages its own risks and finances for providing these benefits. In essence, its mission is to ensure the health and well-being of the employees by offering comprehensive medical and dental coverage, thereby enhancing their overall quality of life.
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Impact
October, 2024
The Peoples Bank Employee Medical Benefits Plan plays a crucial role in safeguarding the health and well-being of employees by offering comprehensive medical and dental benefits through a self-insured model. This approach allows for tailored coverage that meets the unique needs of the bank's workforce, fostering a culture of wellness and support.
By providing voluntary benefits, the plan enhances employee satisfaction and retention, making The Peoples Bank a more attractive employer. Access to quality healthcare services ensures that employees can seek necessary medical attention without financial burden, ultimately leading to improved productivity and morale. Additionally, the plan's focus on preventive care can lead to healthier lifestyles among employees, reducing long-term healthcare costs.
Overall, The Peoples Bank Employee Medical Benefits Plan not only serves the financial interests of the organization but also contributes positively to the community by ensuring that employees receive essential healthcare services, supporting their families and promoting a healthier workforce in Ripley, MS.
This information is meant to be a general summary of The Peoples Bank Employee Medical Benefits 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $576,664
- Gross Receipts: $576,664
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRIBUTIONS
Revenue
$576,664
Organization Details
Founding Year
1993
Phone
(662) 837-8191Principal Officer
Mary Childs
Main Address
PO DRAWER 419, RIPLEY, MS, 38663
NTEE Category
Code: Y40 - Mutual benefit
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