Overview
What is First National Bank Employees Benefit Trust?
First National Bank Employees Benefit Trust is a nonprofit entity that primarily focuses on managing and administering accidental death and life insurance benefits for its participants. The trust makes payments towards insurance premiums and distributes the corresponding death benefits when necessary. By maintaining this coverage, the trust ensures financial security for its participants in the event of untimely death. The trust's mission is to provide and manage these essential insurance benefits, ensuring financial support for the beneficiaries in such unfortunate circumstances.
Official website here: www.fnbfs.com
Is First National Bank Employees Benefit Trust legitimate?
First National Bank Employees Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. First National Bank Employees 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
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Official website here: www.fnbfs.com
What is the mission statement of First National Bank Employees Benefit Trust?
The First National Bank Employees Benefit Trust's primary role is to facilitate the payment of accidental death and life insurance premiums to an insurance company on behalf of its participants. This trust also oversees the disbursement of death benefits to the beneficiaries of those participants in case of unfortunate events. The main objective is to ensure that the insurance coverage is maintained and that the death benefits are promptly provided to the beneficiaries when needed.
Official website here: www.fnbfs.com
Who is the CEO of First National Bank Employees Benefit Trust?
Lee Ann Neidecker is the Vice President & Trust Off of First National Bank Employees Benefit Trust.
Official website here: www.fnbfs.com
What is the revenue of First National Bank Employees Benefit Trust?
First National Bank Employees Benefit Trust's revenue in 2022 was $35,707.
Official website here: www.fnbfs.com
Who are the executives of First National Bank Employees Benefit Trust and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.fnbfs.com
Where can I find the form 990 for First National Bank Employees Benefit Trust?
First National Bank Employees Benefit Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fnbfs.com
Learn more at the official website: www.fnbfs.com
Mission Statement of First National Bank Employees Benefit Trust
First National Bank Employees Benefit Trust is an entity primarily focused on managing accidental death and life insurance benefits for its participants. In simpler terms, this organization is responsible for making payments towards the premiums for these insurance policies and subsequently disbursing the death benefits to the designated beneficiaries of the participants, should any unfortunate event occur. The trust ensures that the necessary life and accidental death coverage is maintained for its participants, thereby providing a sense of financial security to their families in the event of an untimely demise.
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Impact
October, 2024
First National Bank Employees Benefit Trust plays a crucial role in providing financial security to participants and their beneficiaries through its dedicated insurance programs. By facilitating payments for accidental death and life insurance premiums, the trust ensures that employees of First National Bank are protected against unforeseen circumstances that could impact their families' financial stability.
In the event of accidental death, the trust supports the timely disbursement of death benefits, allowing beneficiaries to receive essential financial support during a difficult time. This not only helps alleviate financial burdens but also promotes peace of mind for employees knowing that their loved ones will have some level of protection.
Located in Fort Smith, Arkansas, the trust's mission underscores its commitment to mutual benefit, reinforcing the value placed on the welfare of employees and their families. Overall, the First National Bank Employees Benefit Trust significantly enhances the financial safety net for its participants, thus contributing to a more secure and supportive work environment.
This information is meant to be a general summary of First National Bank Employees 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: $707
- Program Service Revenue: $35,000
- Gross Receipts: $57,880
Assets and Liabilities:
- Total Assets: $184,306
- Total Liabilities: $0
- Net Assets: $184,306
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$25,000
DEATH BENEFIT
Revenue
$10,000
Organization Details
Founding Year
1982
Phone
(479) 782-2041Principal Officer
Lee Ann Neidecker
Main Address
602 GARRISON AVE, FORT SMITH, AR, 72901
Website
www.fnbfs.comNTEE Category
Code: Y40 - Mutual benefit
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