Bks Employee Benefits Trust Inc

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

EIN: 271395316 ✦ Topeka, KS ✦ Designated as a 501(c)(9)

Overview

What is Bks Employee Benefits Trust Inc?

Bks Employee Benefits Trust Inc is a nonprofit organization based in Topeka, Kansas, with the address 1133 SW Topeka Blvd, 66629. Their primary mission is to fund and manage welfare benefits plans for the employees, retirees, and their dependents. According to the information provided, they are established as an employee welfare benefit plan under the Employee Retirement Income Security Act of 1974. This means they offer various benefits such as life, sickness, and accident coverage for their members.


Is Bks Employee Benefits Trust Inc legitimate?

Bks Employee Benefits Trust Inc is a legitimate nonprofit organization registered as a 501(c)(9) entity. Bks Employee Benefits Trust 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 not tax deductible.

Here 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 Bks Employee Benefits Trust Inc?
Who is the CEO of Bks Employee Benefits Trust Inc?
What is the revenue of Bks Employee Benefits Trust Inc?
Who are the executives of Bks Employee Benefits Trust Inc and what are their salaries?
Where can I find the form 990 for Bks Employee Benefits Trust Inc?

Mission Statement of Bks Employee Benefits Trust Inc

BKS Employee Benefits Trust, Inc. is dedicated to establishing and managing one or more health and welfare plans for the provision of life, sickness, accident, and other similar benefits. These plans fall under the Employee Retirement Income Security Act of 1974, categorizing them as employee welfare benefit plans. In simpler terms, BKS Employee Benefits Trust, Inc. works to fund and provide various welfare benefits for employees, retirees, and their dependents. The organization's primary goal is to ensure the well-being and financial security of its beneficiaries. The trust's mission is carried out by maintaining these health and welfare plans, which offer essential benefits that enhance the overall quality of life and promote a sense of security for those involved.

Impact

This information is meant to be a general summary of Bks Employee Benefits Trust Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Bks Employee Benefits Trust Inc's impact is primarily focused on providing funding for health and welfare plans for employees, retirees, and their dependents. By establishing and maintaining these plans, the organization ensures that individuals have access to benefits such as life, sickness, accident, and similar benefits, as outlined in the Employee Retirement Income Security Act of 1974. Through its mission, Bks Employee Benefits Trust Inc plays a crucial role in supporting the well-being and financial security of the individuals covered by the plans it manages.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

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

  • Investment Income: $8,925
  • Program Service Revenue: $33,010,340
  • Gross Receipts: $33,019,265

    • Assets and Liabilities:
  • Total Assets: $7,483,439
  • Total Liabilities: $2,651,966
  • Net Assets: $4,831,473
  • Programs

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

    Employer Contributions

    Revenue

    $23,636,391

    Formulary Rebates

    Revenue

    $2,400,000

    Participant Contributions

    Revenue

    $6,973,949

    Organization Details

    Founding Year

    2009

    Principal Officer

    Peter D Didio Jr

    Main Address

    1133 SW Topeka Blvd, Topeka, KS, 66629

    NTEE Category

    Code: Y43 - Mutual benefit

    If you are a representative of Bks Employee Benefits Trust Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.