Overview
What is Illinois Bankers Group Insurance Trust?
The Illinois Bankers Group Insurance Trust is a nonprofit organization located in Springfield, Illinois, dedicated to offering life, accident, health, dental, vision, and disability insurance for eligible employees and retirees of Illinois Bankers Association members. With a team of just two individuals, they provide essential insurance coverage, contributing to the wellbeing and security of banking personnel and their families.
Is Illinois Bankers Group Insurance Trust legitimate?
Illinois Bankers Group Insurance Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Illinois Bankers 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 not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $183,062
For more financial information, click here
What is the mission statement of Illinois Bankers Group Insurance Trust?
The Illinois Bankers Group Insurance Trust is dedicated to offering life, accident, health, dental, vision, and disability insurance to eligible employees and retirees of Illinois Bankers Association members. Its primary mission is to provide comprehensive insurance coverage to this specific group. Through this initiative, the Trust aims to offer peace of mind and security to its members, ensuring they are protected against various life's uncertainties. By pooling resources and offering group insurance plans, the Trust is able to provide competitive rates and extensive coverage options. In doing so, it enhances the overall wellbeing and financial stability of its members.
Who is the CEO of Illinois Bankers Group Insurance Trust?
Dane Cleven is the Trustee of Illinois Bankers Group Insurance Trust.
What is the revenue of Illinois Bankers Group Insurance Trust?
Illinois Bankers Group Insurance Trust's revenue in 2022 was $22,147,999.
Who are the executives of Illinois Bankers Group Insurance Trust and what are their salaries?
The average compensation at Illinois Bankers Group Insurance Trust during 2022 was $91,531. There are 2 employees at Illinois Bankers Group Insurance Trust.
Here are 8 key members and their salaries:
- Michael M Mahorney (Marketing Di)
- Tj Burge (Trustee)
- Dane Cleven (Trustee)
- Kenneth Elmore (Trustee)
- Justin Fentress (Trustee)
- Walter Chip Hasselbring (Trustee)
- Craig M Hepner (Trustee)
- Kathleen Marinangel (Trustee)
Where can I find the form 990 for Illinois Bankers Group Insurance Trust?
The Illinois Bankers Group Insurance Trust’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Illinois Bankers Group Insurance Trust
Illinois Bankers Group Insurance Trust, a key organization, is dedicated to extending life, accident, health, dental, vision, and disability insurance benefits to eligible employees and retirees of Illinois Bankers Association members. By prioritizing the well-being of its members, the Trust plays a vital role in securing their financial and health security.
Established with the mission to provide comprehensive insurance coverage, Illinois Bankers Group Insurance Trust ensures that its members have access to essential health, dental, and vision care services. In addition, the Trust offers life and accident insurance, as well as disability insurance, to help safeguard the financial stability of its members during challenging times. Through these insurance offerings, the Trust strives to instill peace of mind and mitigate the risks that come with life's uncertainties.
The Illinois Bankers Group Insurance Trust is a valuable resource for the banking community in Illinois. Its commitment to offering a wide range of insurance options to eligible employees and retirees not only strengthens the financial position of its members but also demonstrates a dedication to their overall well-being. By providing these vital insurance services, the Trust helps its members focus on their professional growth and personal development, knowing that they are protected by a comprehensive insurance safety net.
Impact
This information is meant to be a general summary of Illinois Bankers Group Insurance Trust. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Illinois Bankers Group Insurance Trust provides essential life, accident, health, dental, vision, and disability insurance for eligible employees and retirees of Illinois Bankers Association members. This coverage ensures financial security and peace of mind for individuals working in the banking industry in Illinois. By offering these insurance options, Illinois Bankers Group Insurance Trust plays a critical role in safeguarding the well-being of its members and their families, helping them navigate various life challenges with adequate protection in place.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EMPLOYER CONTRIBUTIONS
Revenue
$21,557,543
Organization Details
Founding Year
1967
Phone
(217) 789-9340
Principal Officer
Dane Cleven
Main Address
3201 W WHITE OAKS DRIVE SUITE 400, SPRINGFIELD, IL, 62704
NTEE Category
Code: Y40 - Mutual benefit
If you are a representative of Illinois Bankers Group Insurance Trust 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.