Christian Brothers Employee Benefit Trust

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

EIN: 363489253 ✦ Romeoville, IL ✦ Designated as a 501(c)(9)

Overview

What is Christian Brothers Employee Benefit Trust?

The Christian Brothers Employee Benefit Trust is a nonprofit organization based in Romeoville, Illinois, with the address 1205 Windham Parkway. Its primary mission is to provide a range of self-insured medical, dental, vision, long-term disability, as well as insured group life and accidental death and dismemberment coverage to employees of qualified participating employers. This trust was established under the Christian Brothers Employee Benefit Plan to fund and manage the employees' benefits.


Official website here: www.cbservices.org

Is Christian Brothers Employee Benefit Trust legitimate?

Christian Brothers Employee Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Christian Brothers Employee Benefit 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 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


Official website here: www.cbservices.org

What is the mission statement of Christian Brothers Employee Benefit Trust?

The Christian Brothers Employee Benefit Trust was created with the purpose of financing employee benefits under the Christian Brothers Employee Benefit Plan. This trust provides a comprehensive program of self-insured medical, dental, vision, long-term disability, and insured group life and accidental death and dismemberment coverage to eligible employees of participating employers. The trust aims to ensure that the employees receive essential benefits to support their overall wellbeing.


Official website here: www.cbservices.org

Who is the CEO of Christian Brothers Employee Benefit Trust?

Patrick Feehan is the Trustee of Christian Brothers Employee Benefit Trust.


Official website here: www.cbservices.org

What is the revenue of Christian Brothers Employee Benefit Trust?

Christian Brothers Employee Benefit Trust's revenue in 2022 was $342,039,665.


Official website here: www.cbservices.org

Who are the executives of Christian Brothers Employee Benefit Trust and what are their salaries?

Here are 7 key members and their salaries:

    John Barker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Arthur Glass (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rick Haberkorn (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph Komos (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dennis Lee (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Darlenn Sanford (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Catherine Thomson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.cbservices.org

    Where can I find the form 990 for Christian Brothers Employee Benefit Trust?

    The Christian Brothers Employee Benefit Trust’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.cbservices.org

    Learn more at the official website: www.cbservices.org

    Mission Statement of Christian Brothers Employee Benefit Trust

    Christian Brothers Employee Benefit Trust, a vital organization, was established to ensure the funding of employee benefits under the Christian Brothers Employee Benefit Plan. In simple terms, it functions as a self-insured program providing medical, dental, vision, long-term disability coverage, and group life and accidental death & dismemberment insurance for employees of qualifying employers. By doing so, it offers financial security and peace of mind to its beneficiaries.

    The trust is dedicated to the well-being of its members, working behind the scenes to manage the intricacies of employee benefits. Its commitment extends to offering comprehensive coverage, allowing employees to focus on their roles and responsibilities within their organizations. By taking care of the benefits, Christian Brothers Employee Benefit Trust enables employers to attract and retain top talent while maintaining a competitive edge in the labor market.

    The trust's mission is twofold. First, it prioritizes the health and wellness of its members by funding essential benefits. Second, it empowers employers to maintain a strong workforce by offering attractive benefit packages. In this way, Christian Brothers Employee Benefit Trust plays a crucial role in fostering a stable and thriving workforce.

    Impact

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




    Thursday, August 15, 2024

    Christian Brothers Employee Benefit Trust plays a vital role in providing a program of self-insured medical, dental, vision, long-term disability, as well as insured group life and AD&D coverage to employees of qualified participating employers. This ensures that employees have access to essential benefits that support their health and well-being. By funding these benefits, the Trust contributes to the overall welfare and satisfaction of employees, ultimately enhancing their work experience and quality of life.





    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: $1,928,388
  • Program Service Revenue: $332,731,203
  • Gross Receipts: $371,404,916

    • Assets and Liabilities:
  • Total Assets: $188,636,588
  • Total Liabilities: $51,619,672
  • Net Assets: $137,016,916
  • Programs

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

    CONTRIB-MED/DENT/VIS

    Revenue

    $330,562,022

    CONTRIB-LIFE INSURANCE

    Revenue

    $1,177,291

    CONTRIB-DISABILITY

    Revenue

    $991,890

    Organization Details

    Founding Year

    1987

    Principal Officer

    Patrick Feehan

    Main Address

    1205 WINDHAM PARKWAY, ROMEOVILLE, IL, 604461679

    NTEE Category

    Code: Y40 - Mutual benefit

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