Overview
What is Arkansas Higher Education Consortium Benefits Trust?
Arkansas Higher Education Consortium Benefits Trust is a nonprofit organization situated in Melbourne, Arkansas. Its primary purpose is to offer health benefits, including hospital, surgical, prescription drugs, major medical, and dental coverage, to eligible employees and their dependent family members, as determined by participating educational institutions. Furthermore, the plan extends these benefits to certain retired employees. Operating under the Employee Retirement Income Security Act (ERISA), the Arkansas Higher Education Consortium Benefits Trust aims to cater to the health needs of all eligible employees from the participating educational institutions.
Is Arkansas Higher Education Consortium Benefits Trust legitimate?
Arkansas Higher Education Consortium Benefits Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Arkansas Higher Education Consortium Benefits 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
For more financial information, click here
What is the mission statement of Arkansas Higher Education Consortium Benefits Trust?
The Arkansas Higher Education Consortium Benefits Trust offers a plan that provides extensive health benefits to eligible employees across participating educational institutions. This plan is subject to ERISA regulations. The primary mission of the Arkansas Higher Education Consortium Benefits Trust is to extend health benefits, including hospital, surgical, prescription drugs, major medical, and dental coverage, to eligible employees, their covered dependents, and even certain retired employees, as defined by the participating educational institutions. The plan is designed to support the well-being and health needs of its beneficiaries.
Who is the CEO of Arkansas Higher Education Consortium Benefits Trust?
Deedra Steed is the Chairman Of Board of Arkansas Higher Education Consortium Benefits Trust.
What is the revenue of Arkansas Higher Education Consortium Benefits Trust?
Arkansas Higher Education Consortium Benefits Trust's revenue in 2022 was $7,019,745.
Who are the executives of Arkansas Higher Education Consortium Benefits Trust and what are their salaries?
There 8 volunteers at Arkansas Higher Education Consortium Benefits Trust.
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Arkansas Higher Education Consortium Benefits Trust?
Arkansas Higher Education Consortium Benefits Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Arkansas Higher Education Consortium Benefits Trust
Arkansas Higher Education Consortium Benefits Trust is dedicated to providing a range of health benefits to eligible employees across various participating educational institutions. This nonprofit organization adheres to the Employee Retirement Income Security Act (ERISA), ensuring a standardized and secure approach to employee benefits. The plan covers a wide array of health-related needs, including hospital visits, surgeries, prescription drugs, major medical care, and dental services. Eligible employees and their covered dependents can take advantage of these benefits, as defined by the participating educational institutions. Furthermore, the plan extends health benefits to certain retired employees, demonstrating its commitment to the well-being of its beneficiaries throughout their employment and post-employment journey.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Arkansas Higher Education Consortium Benefits Trust significantly impacts the health and well-being of eligible employees at participating educational institutions by providing a comprehensive benefits plan. This plan encompasses vital health benefits such as hospital, surgical, prescription drug, major medical, and dental coverage. It ensures that both employees and their covered dependents receive necessary healthcare services, promoting a healthier workforce and enhancing employee satisfaction.
Additionally, the Trust extends its benefits to certain retired employees, supporting their healthcare needs and financial stability in retirement. By offering these essential benefits, the Trust plays a crucial role in attracting and retaining talent within the educational sector, fostering a sustainable and resilient community. Overall, the Arkansas Higher Education Consortium Benefits Trust contributes to the overall health, morale, and productivity of educational institutions in the region.
This information is meant to be a general summary of Arkansas Higher Education Consortium Benefits 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: $73,849
- Program Service Revenue: $6,945,896
- Gross Receipts: $7,019,745
Assets and Liabilities:
- Total Assets: $3,595,739
- Total Liabilities: $0
- Net Assets: $3,595,739
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARTICIPANT & SPONSOR CONTRIBUTIO
Revenue
$6,945,896
Organization Details
Founding Year
1992
Phone
(870) 368-7371Principal Officer
Deedra Steed
Main Address
PO BOX 10, MELBOURNE, AR, 72556
NTEE Category
Code: Y42 - Mutual benefit
If you are a representative of Arkansas Higher Education Consortium Benefits 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.