The First National Bank & Trust Company Of Miami Employees' Beneficiary Assoc Trust

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

EIN: 731427154 ✦ Miami, OK ✦ Designated as a 501(c)(9)

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Overview

What is The First National Bank & Trust Company Of Miami Employees' Beneficiary Assoc Trust?

The First National Bank & Trust Company of Miami Employees' Beneficiary Assoc Trust is a nonprofit organization situated in Miami, Oklahoma. Its primary mission is to offer health, dental, life, and stop-loss benefits to its members and their dependents. The organization's activities are geared towards providing health, dental, life, and accidental death and disability benefits to its members and their family members. As of the end of the plan year, the nonprofit had 34 participating individuals.

Is The First National Bank & Trust Company Of Miami Employees' Beneficiary Assoc Trust legitimate?

The First National Bank & Trust Company Of Miami Employees' Beneficiary Assoc Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. The First National Bank & Trust Company Of Miami Employees' Beneficiary Assoc 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 The First National Bank & Trust Company Of Miami Employees' Beneficiary Assoc Trust?

The mission of The First National Bank & Trust Company of Miami Employees' Beneficiary Assoc Trust is centered around providing essential benefits to its members and their dependents. Specifically, they offer health, dental, life, and accidental death and disability coverage. This organization is committed to ensuring the well-being of its members by offering these comprehensive benefits, as evidenced by the total number of participants at the end of the plan year, which was 34.

Who is the CEO of The First National Bank & Trust Company Of Miami Employees' Beneficiary Assoc Trust?

Rob Kimbrough is the Trustee of The First National Bank & Trust Company Of Miami Employees' Beneficiary Assoc Trust.

What is the revenue of The First National Bank & Trust Company Of Miami Employees' Beneficiary Assoc Trust?

The First National Bank & Trust Company Of Miami Employees' Beneficiary Assoc Trust's revenue in 2022 was $460,673.

Who are the executives of The First National Bank & Trust Company Of Miami Employees' Beneficiary Assoc Trust and what are their salaries?

There 2 volunteers at The First National Bank & Trust Company Of Miami Employees' Beneficiary Assoc Trust.


Here are 2 key members and their salaries:


Charles C Neal (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Kimbrough (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The First National Bank & Trust Company Of Miami Employees' Beneficiary Assoc Trust?

The First National Bank & Trust Company Of Miami Employees' Beneficiary Assoc Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The First National Bank & Trust Company Of Miami Employees' Beneficiary Assoc Trust

The First National Bank & Trust Company of Miami Employees' Beneficiary Assoc Trust exists with a primary mission to extend health, dental, life, and accidental death and disability benefits to its members and their dependents. This nonprofit organization is committed to ensuring the well-being of its members by providing them with comprehensive coverage plans, protecting them financially during challenging times. Towards the end of the plan year, the total number of participating individuals was 34. This indicates the organization's dedication to servicing its members effectively and efficiently. By offering these essential benefits, The First National Bank & Trust Company of Miami Employees' Beneficiary Assoc Trust helps its members navigate life's uncertainties with peace of mind, supporting them through various health-related challenges.

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Impact




October, 2024

The First National Bank & Trust Company Of Miami Employees' Beneficiary Association Trust plays a crucial role in enhancing the well-being of its members and their families. By offering comprehensive health, dental, life, and accidental death and disability benefits, the organization provides essential support that contributes to financial security and peace of mind.

With a total of 34 participants at the end of the plan year, the Trust directly impacts the lives of its members, ensuring that they have access to necessary healthcare services and financial support in times of need. This assistance can alleviate the burden of medical expenses and associated costs, enabling members and their dependents to focus on their health and well-being.

Furthermore, by providing these benefits, the Trust fosters a sense of community and mutual support among employees, reinforcing the importance of looking after one another within the workforce. Its mission underscores the commitment to enhancing the quality of life for its members, promoting a healthier and more secure environment for their families. In essence, the Trust is a vital resource that underpins the welfare and stability of its participants, making a significant positive impact in the community.




This information is meant to be a general summary of The First National Bank & Trust Company Of Miami Employees' Beneficiary Assoc 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.

Revenue
$460,673 (2022)
Expenses
$490,433 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $460,673
  • Gross Receipts: $460,673

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $36,790
  • Net Assets: -$36,790

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Programs

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

EMPLOYER CONTRIBUTIONS

Revenue

$437,526

PARTICIPANT CONTRIBUTIONS

Revenue

$18,360

OTHER REVENUE

Revenue

$4,787

Organization Details

Founding Year

1992

Principal Officer

Rob Kimbrough

Main Address

2 N MAIN ST, MIAMI, OK, 743546326

NTEE Category

Code: Y40 - Mutual benefit

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