California Bankers Association Group Insurance Trust

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

EIN: 956008616 ✦ Sacramento, CA ✦ Designated as a 501(c)(9)

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Overview

What is California Bankers Association Group Insurance Trust?

The California Bankers Association Group Insurance Trust is a nonprofit organization situated in Sacramento, California. It offers a range of educational scholarships and welfare benefits to employees of its member organizations. These benefits include death benefits and Accidental Death & Dismemberment (AD&D) coverage, aiming to support and enrich the lives of its beneficiaries. The Trust serves as a valuable resource for its members' workforce, providing them with crucial assistance and opportunities for further education.

Is California Bankers Association Group Insurance Trust legitimate?

California Bankers Association Group Insurance Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. California Bankers Association Group Insurance 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 California Bankers Association Group Insurance Trust?

The California Bankers Association Group Insurance Trust exists with a mission to offer certain educational scholarships and welfare benefits, such as death benefits and accidental death and dismemberment (AD&D) coverage, to employees of its member organizations. This organization provides these benefits as a means of supporting and caring for the workforce within the affiliated organizations. The trust's activities are centered around extending financial aid and security to its employees through these various welfare advantages.

Who is the CEO of California Bankers Association Group Insurance Trust?

Rich Mize is the Cfo of California Bankers Association Group Insurance Trust.

What is the revenue of California Bankers Association Group Insurance Trust?

California Bankers Association Group Insurance Trust's revenue in 2022 was $174,365.

Who are the executives of California Bankers Association Group Insurance Trust and what are their salaries?


Here are 18 key members and their salaries:


Rich Mize (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen G Andrews (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Gotelli (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Chenoweth (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
George L Cook (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry D Hartwig (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yvette L Ernst (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Gould (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred D Jensen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashley R Sowa (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Wakayama (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arthur A Coren (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Isawa (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Malone (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nikki Patel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John A Reade (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Rosenthal (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Webb (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for California Bankers Association Group Insurance Trust?

California Bankers Association Group Insurance Trust's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of California Bankers Association Group Insurance Trust

The California Bankers Association Group Insurance Trust is an organization dedicated to providing certain educational scholarships and welfare benefits to the employees of its member organizations. Among these benefits, the trust offers death benefits and Accidental Death and Dismemberment (AD&D) coverage. By offering these scholarships and benefits, the California Bankers Association Group Insurance Trust aims to support and enhance the well-being of its employees, thereby contributing to the overall strength and success of its member organizations. The trust's mission is to serve as a valuable resource for its members, providing them with essential benefits that can help attract and retain talented individuals within their organizations.

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Impact




October, 2024

California Bankers Association Group Insurance Trust significantly supports employees of member organizations through a range of educational scholarships and welfare benefits. By providing financial assistance for higher education, the Trust empowers individuals to advance their skills and career opportunities, enhancing the workforce within the banking industry. Additionally, the welfare benefits, which include death benefits and accidental death and dismemberment (AD&D) coverage, ensure that employees and their families have a safety net in times of need.

Based in Sacramento, CA, the Trust plays a pivotal role in fostering a supportive work environment, contributing to employee satisfaction and retention. The educational scholarships not only alleviate the financial burden on employees seeking to further their education but also promote a culture of lifelong learning and professional development within the banking sector. Overall, the impact of the California Bankers Association Group Insurance Trust is profound, as it enhances the well-being of employees and strengthens the member organizations they serve.




This information is meant to be a general summary of California Bankers Association Group Insurance 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
$174,365 (2022)
Expenses
$456,173 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $136,260
  • Gross Receipts: $1,227,933

Assets and Liabilities:

  • Total Assets: $4,237,228
  • Total Liabilities: $377,286
  • Net Assets: $3,859,942

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Organization Details

Founding Year

1950

Principal Officer

Rich Mize

Main Address

1303 J Street 600, Sacramento, CA, 95814

NTEE Category

Code: Y40 - Mutual benefit

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