Overview
What is Florida Bankers Health Consortium Inc?
Florida Bankers Health Consortium Inc is a Winter Park, Florida-based nonprofit organization. Their primary mission is to extend group insurance benefits to the workforces of their participating member institutions. By banding together, they aim to enhance the accessibility and affordability of health coverage for employees within the banking sector. The consortium offers a unified platform for its members, ensuring they can offer competitive and comprehensive benefits packages to attract and retain talent.
Official website here: www.flbankhealth.com
What are the reviews and ratings of this charity?
The Florida Bankers Health Consortium Inc is not currently rated on Charity Navigator. This absence of a rating does not imply any positive or negative stance, but rather indicates that the organization has not undergone the necessary evaluations. Charity Navigator ratings are based on several factors, including Accountability & Finance, but further criteria like Leadership & Adaptability or Impact & Measurement require the nonprofit to be a registered 501(c)(3), which this organization is not.
The organization's historical ratings primarily reflected accountability and financial aspects. However, there is no available data on their revenue, expenses, or salaries of key personnel. Such information is typically gathered from electronically filed IRS Form 990, which this entity seems not to have or to disclose, further complicating an assessment of their operation's transparency or financial stewardship.
As Florida Bankers Health Consortium Inc is not a registered 501(c)(3) nonprofit, it lacks eligibility for a full Charity Navigator evaluation. Furthermore, no user reviews are available on GreatNonprofits, leaving a gap in understanding its community impact or operational efficacy. Without additional data or feedback, a comprehensive evaluation remains elusive.
This AI summary has been generated from information found on Charity Navigator.
Is Florida Bankers Health Consortium Inc legitimate?
Florida Bankers Health Consortium Inc is a legitimate nonprofit organization registered as a 501(c)(9) entity. Florida Bankers Health Consortium Inc 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
Official website here: www.flbankhealth.com
What is the mission statement of Florida Bankers Health Consortium Inc?
The Florida Bankers Health Consortium Inc is an organization dedicated to extending group insurance advantages to the workforce of its contributing members. By pooling resources, the consortium aims to offer comprehensive and affordable insurance solutions. Its primary mission is to ensure that employees of participating banks and financial institutions receive essential benefits, thereby enhancing their overall well-being. The consortium's group insurance program covers various aspects of health, creating a safety net for its members' employees. The collective buying power of the consortium enables its members to secure competitive rates and broader coverage options.
Official website here: www.flbankhealth.com
Who is the CEO of Florida Bankers Health Consortium Inc?
Julius Walker is the Ceo of Florida Bankers Health Consortium Inc. The CEO's salary of Florida Bankers Health Consortium Inc is $0 and their total compensation is $168,359.
Official website here: www.flbankhealth.com
What is the revenue of Florida Bankers Health Consortium Inc?
Florida Bankers Health Consortium Inc's revenue in 2022 was $24,498,014.
Official website here: www.flbankhealth.com
Who are the executives of Florida Bankers Health Consortium Inc and what are their salaries?
Here are 7 key members and their salaries (Florida Bankers Health Consortium Inc's CEO's salary is $0 and their total compensation is $168,359):
- Compensation: $0
- Related: $168,359
- Other: $0
- Compensation: $0
- Related: $102,363
- 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
Official website here: www.flbankhealth.com
Where can I find the form 990 for Florida Bankers Health Consortium Inc?
Florida Bankers Health Consortium Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.flbankhealth.com
Learn more at the official website: www.flbankhealth.com
Mission Statement of Florida Bankers Health Consortium Inc
Florida Bankers Health Consortium Inc is a dedicated organization that focuses on extending group insurance benefits to the workforce of its participating member banks. By pooling resources, this consortium aims to provide comprehensive and competitive insurance coverage for employees within the banking sector.
In essence, Florida Bankers Health Consortium Inc serves as a collaborative platform where various banking institutions unite to securitize the health and wellbeing of their team members. The consortium's mission is twofold: not only does it offer valuable insurance benefits, but it also strives to ensure that these benefits are accessible and affordable for the employees of its member banks. This collective effort helps to create a more stable and secure workforce for the banking industry as a whole.
Moreover, by providing group insurance benefits, Florida Bankers Health Consortium Inc offers its member banks a competitive edge in the labor market. The consortium's offerings not only attract and retain high-caliber talent but also provide peace of mind for employees. With increased job satisfaction and enhanced financial security, employees are more likely to perform at their best, leading to better business outcomes for the member banks.
In summary, Florida Bankers Health Consortium Inc is a vital organization for the banking sector, working to improve the lives of its members' employees by providing them with essential group insurance benefits. By pooling resources, it offers accessible and affordable solutions, enabling member banks to attract and retain talent and ultimately contribute to a stronger and more competitive industry.
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Impact
October, 2024
Florida Bankers Health Consortium Inc plays a crucial role in enhancing the welfare of employees within its member organizations by providing group insurance benefits. This initiative helps improve employee satisfaction and retention by ensuring access to comprehensive health coverage. By pooling resources and leveraging collective bargaining power, the consortium can offer competitive rates and better insurance options than individual employers may be able to secure on their own.
Located in Winter Park, Florida, the consortium focuses on delivering tailored health benefits that meet the specific needs of participants. This not only supports the financial security of employees but also contributes to overall workplace morale, which can lead to increased productivity and a stronger organizational culture among member institutions. Through its efforts, Florida Bankers Health Consortium Inc enforces a commitment to the health and well-being of the workforce in the state.
This information is meant to be a general summary of Florida Bankers Health Consortium Inc. 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: $12,491
- Program Service Revenue: $24,485,523
- Gross Receipts: $24,498,014
Assets and Liabilities:
- Total Assets: $5,275,406
- Total Liabilities: $2,941,121
- Net Assets: $2,334,285
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PREMIUMS EARNED
Revenue
$24,485,523
Organization Details
Founding Year
2017
Phone
(407) 333-0088Principal Officer
Julius Walker
Main Address
1201 S ORLANDO AVE 450, WINTER PARK, FL, 32789
Website
www.flbankhealth.comNTEE Category
Code: Y34 - Mutual benefit
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