Overview
What is Central Service Corporation Employee Group Benefit Plan Trust?
Central Service Corporation Employee Group Benefit Plan Trust is a nonprofit organization that extends health, dental, vision, and pharmaceutical benefits to eligible full-time employees of Central National Bank and Trust Company, now known as Stride Bank, National Association, and Central Service Corporation. Additionally, full-time employees working 40 or more hours per week are eligible for life insurance benefits. The plan is subject to the Employee Retirement Income Security Act of 1974 (ERISA), ensuring its compliance with relevant regulations. The trust aims to provide comprehensive benefits packages to its employees, supporting their overall well-being.
Is Central Service Corporation Employee Group Benefit Plan Trust legitimate?
Central Service Corporation Employee Group Benefit Plan Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Central Service Corporation Employee Group Benefit Plan 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.
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What is the mission statement of Central Service Corporation Employee Group Benefit Plan Trust?
The Central Service Corporation Employee Group Benefit Plan Trust provides health, dental, vision, and life insurance benefits to a substantial majority of employees at Central National Bank and Trust Company, now known as Stride Bank, National Association, and Central Service Corporation. This plan operates under the Employee Retirement Income Security Act of 1974 (ERISA). The main objective of the trust is to offer comprehensive insurance coverage to its eligible employees, ensuring their well-being and financial security.
Who is the CEO of Central Service Corporation Employee Group Benefit Plan Trust?
Steve Mcnamar is the Veba Committee Member of Central Service Corporation Employee Group Benefit Plan Trust.
What is the revenue of Central Service Corporation Employee Group Benefit Plan Trust?
Central Service Corporation Employee Group Benefit Plan Trust's revenue in 2022 was $3,549,688.
Who are the executives of Central Service Corporation Employee Group Benefit Plan Trust and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Central Service Corporation Employee Group Benefit Plan Trust?
Central Service Corporation Employee Group Benefit Plan Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Central Service Corporation Employee Group Benefit Plan Trust
The Central Service Corporation Employee Group Benefit Plan Trust, often referred to as the Plan, is dedicated to providing essential health, dental, vision, and life insurance benefits to the vast majority of employees at Central National Bank and Trust Company, now known as Stride Bank, National Association, and Central Service Corporation. This organization operates under the Employee Retirement Income Security Act of 1974 (ERISA). The Plan's mission is to ensure that the employees of these entities have access to comprehensive healthcare benefits, thereby supporting their overall well-being.
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Impact
October, 2024
The Central Service Corporation Employee Group Benefit Plan Trust significantly enhances the well-being of employees by offering comprehensive health, dental, vision, and life insurance benefits. This plan is designed to cover nearly all employees of Central National Bank and Trust Company, now known as Stride Bank, as well as those employed by Central Service Corporation.
By providing essential health and wellness benefits, the plan plays a crucial role in promoting employee satisfaction and retention. Full-time employees, who work 40 hours or more per week, are eligible for additional life insurance coverage, ensuring financial security for them and their families. Moreover, dependents of employees are also included in the coverage, fostering a supportive environment for employees and their families.
The plan's adherence to the provisions of the Employee Retirement Income Security Act of 1974 (ERISA) ensures that it operates under strict regulatory standards, promoting transparency and protection for participants. Overall, the Central Service Corporation Employee Group Benefit Plan Trust contributes to a healthier workforce and a more secure future for employees, ultimately benefitting the organizational culture and productivity.
This information is meant to be a general summary of Central Service Corporation Employee Group Benefit Plan 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: $19,630
- Program Service Revenue: $3,530,058
- Gross Receipts: $3,549,688
Assets and Liabilities:
- Total Assets: $1,823,439
- Total Liabilities: $0
- Net Assets: $1,823,439
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPONSORS CONTRIBUTION
Revenue
$2,634,035
PARTICIPANT CONTRIBUTI
Revenue
$896,023
Organization Details
Founding Year
1995
Phone
(580) 233-3535Principal Officer
Steve Mcnamar
Main Address
324 W BROADWAY, ENID, OK, 737013838
NTEE Category
Code: Y40 - Mutual benefit
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