School Employees Benefit Trust Co Mcm Cpas & Advisors

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

EIN: 311327841 ✦ Cincinnati, OH ✦ Designated as a 501(c)(9)

Overview

What is School Employees Benefit Trust Co Mcm Cpas & Advisors?

School Employees Benefit Trust Co Mcm Cpas & Advisors is a nonprofit organization based in Cincinnati, Ohio, with an address at 201 East Fifth Street, Suite 2100, ZIP code 45202. Their primary mission is to provide health care benefits to approximately 1,408 participating school employees and their families. By pooling the claims experience and purchasing power of public school districts, the Trust aims to offer stable premium rates and low expense levels. They specialize in offering medical and prescription drug coverage to their members.


Is School Employees Benefit Trust Co Mcm Cpas & Advisors legitimate?

School Employees Benefit Trust Co Mcm Cpas & Advisors is a legitimate nonprofit organization registered as a 501(c)(9) entity. School Employees Benefit Trust Co Mcm Cpas & Advisors 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 School Employees Benefit Trust Co Mcm Cpas & Advisors?
Who is the CEO of School Employees Benefit Trust Co Mcm Cpas & Advisors?
What is the revenue of School Employees Benefit Trust Co Mcm Cpas & Advisors?
Who are the executives of School Employees Benefit Trust Co Mcm Cpas & Advisors and what are their salaries?
Where can I find the form 990 for School Employees Benefit Trust Co Mcm Cpas & Advisors?

Mission Statement of School Employees Benefit Trust Co Mcm Cpas & Advisors

School Employees Benefit Trust Co Mcm Cpas & Advisors is a mission-driven organization committed to extending health care coverage to participating school employees. By pooling the claims experience and buying power of various public school districts, the Trust ensures stable premium rates and low expense levels for its members. In essence, the Trust serves as a collaborative platform that brings together the collective bargaining power of schools to secure affordable and comprehensive health benefits for their employees.

Approximately 1,408 individuals and their families reap the benefits of this collective effort, gaining access to crucial medical and prescription drug coverage. The Trust's primary objective is to provide stability in health care costs for its members, empowering them to focus on their roles within the educational community without the burden of skyrocketing premiums or expansive out-of-pocket expenses.

In summary, School Employees Benefit Trust Co Mcm Cpas & Advisors is a vital partner to public schools across the board. By optimizing the collective buying power and claims experience of its constituents, the Trust ensures that participating school employees have access to dependable and affordable health care coverage, enabling them to focus on their essential roles within the educational sector.

Impact

This information is meant to be a general summary of School Employees Benefit Trust Co Mcm Cpas & Advisors. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

School Employees Benefit Trust Co Mcm Cpas & Advisors, operating as a mutual benefit organization, plays a crucial role in providing health care coverage to participating school employees in CINCINNATI, OH. By pooling the claims experience and buying power of public school districts, the Trust aims to offer stable premium rates and low expense levels for approximately 1,408 individuals and families. Through its mission of ensuring access to essential medical and prescription drug benefits, this organization directly impacts the well-being and financial security of school employees who rely on these vital healthcare services.





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: $220,807
  • Program Service Revenue: $20,369,507
  • Gross Receipts: $20,592,525

    • Assets and Liabilities:
  • Total Assets: $18,538,430
  • Total Liabilities: $6,677,145
  • Net Assets: $11,861,285
  • Programs

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

    Participants contribution

    Revenue

    $20,369,507

    Organization Details

    Founding Year

    1980

    Principal Officer

    Kevin Dines

    Main Address

    201 East Fifth Street 2100, Cincinnati, OH, 45202

    NTEE Category

    Code: Y40 - Mutual benefit

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