Agbenefits

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

EIN: 856127618 ✦ Lubbock, TX ✦ Designated as a 501(c)(9)

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Overview

What is Agbenefits?

Agbenefits is a nonprofit organization based in Lubbock, Texas. They specialize in offering fully insured life and health coverage under a self-insured multiple employer welfare arrangement. This setup allows them to provide comprehensive coverage to a broader community of employees, ensuring their well-being and peace of mind. While the information provided does not detail their global reach or additional services, Agbenefits is committed to enhancing the lives of its members through reliable insurance solutions.

Is Agbenefits legitimate?

Agbenefits is a legitimate nonprofit organization registered as a 501(c)(9) entity. Agbenefits 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 Agbenefits?

Agbenefits' mission is centered around providing fully insured life and health coverage under the self-insured multiple employer welfare arrangement. In simpler terms, the organization aims to offer comprehensive life and health protection plans, leveraging a collective approach to insurance. This strategic arrangement allows Agbenefits to offer these essential benefits to its clients in a cost-effective manner. By doing so, Agbenefits aims to contribute to the overall well-being of its clients, ensuring they have peace of mind regarding their health and financial security.

Who is the CEO of Agbenefits?

Paul Wilson is the President of Agbenefits.

What is the revenue of Agbenefits?

Agbenefits's revenue in 2023 was $472.

Who are the executives of Agbenefits and what are their salaries?

There is 1 employee at Agbenefits.


Here are 9 key members and their salaries:


Tommy Engleke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Buzz Coooper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bret Brown (Secretary/Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Rohrbach (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Black (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phillip Kidd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Wilson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcelo Aguilar (Interim Exec Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Agbenefits?

Agbenefits's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Agbenefits

Agbenefits, as a organization, is committed to providing fully insured life and health coverage under the self-insured multiple employer welfare arrangement. In simpler terms, Agbenefits plays a significant role in offering comprehensive life and health insurance benefits to its clients, operating under a self-insured arrangement that involves multiple employers. This approach enables Agbenefits to pool resources and offer more extensive coverage at potentially lower costs to its participating employers and their employees.

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Impact




October, 2024

Agbenefits plays a critical role in enhancing the well-being of individuals and families by providing fully insured life and health coverage through a self-insured multiple employer welfare arrangement. Based in Lubbock, Texas, Agbenefits addresses the essential health and life insurance needs of various employers, facilitating access to vital healthcare services for their employees.

By offering comprehensive coverage, Agbenefits not only supports the health of workers but also contributes to the stability and productivity of the workforce. With a mission focused on mutual benefit, the organization fosters a collaborative approach among employers, ensuring that employees from different sectors can access affordable healthcare options that promote their overall well-being.

Agbenefits’ impact extends beyond individual health, as it strengthens local communities by enhancing job satisfaction and reducing financial burdens related to medical expenses. This holistic approach ultimately leads to healthier communities and a more resilient economy.




This information is meant to be a general summary of Agbenefits. 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
$472 (2023)
Expenses
$7,142 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $472

Assets and Liabilities:

  • Total Assets: $532,859
  • Total Liabilities: $0
  • Net Assets: $532,859

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Programs

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

CHANGE IN IBNR RESERVES
CLAIM PAYMENT REFUNDS
FLU SHOTS
PREMIUM CONTRIBUTIONS
REBATES

Organization Details

Founding Year

2002

Principal Officer

Paul Wilson

Main Address

P O BOX 65212, LUBBOCK, TX, 79464

NTEE Category

Code: Y43 - Mutual benefit

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