Central Bancompany Inc Voluntary Employees Beneficiary Assn

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

EIN: 431293014 ✦ Jefferson cty, MO ✦ Designated as a 501(c)(9)

Overview

What is Central Bancompany Inc Voluntary Employees Beneficiary Assn?

Central Bancompany Inc Voluntary Employees Beneficiary Assn is a nonprofit organization dedicated to offering medical and dental coverage to the employees of Central Bancompany Inc. and its subsidiaries, as well as their dependents. This association is responsible for paying insurance premiums and covering the medical and dental expenses related to this coverage. Their mission is to ensure the well-being of the workforce by providing essential healthcare benefits.


Is Central Bancompany Inc Voluntary Employees Beneficiary Assn legitimate?

Central Bancompany Inc Voluntary Employees Beneficiary Assn is a legitimate nonprofit organization registered as a 501(c)(9) entity. Central Bancompany Inc Voluntary Employees Beneficiary Assn 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 Central Bancompany Inc Voluntary Employees Beneficiary Assn?
What is the revenue of Central Bancompany Inc Voluntary Employees Beneficiary Assn?
Who are the executives of Central Bancompany Inc Voluntary Employees Beneficiary Assn and what are their salaries?
Where can I find the form 990 for Central Bancompany Inc Voluntary Employees Beneficiary Assn?

Mission Statement of Central Bancompany Inc Voluntary Employees Beneficiary Assn

Central Bancompany Inc Voluntary Employees Beneficiary Assn, also known as the CBVEBAs, is a dedicated organization with a mission to extend medical and dental coverage to the employees of Central Bancompany Inc and its subsidiaries, as well as to their dependents. This nonprofit entity ensures that eligible individuals have access to essential health benefits, providing them with peace of mind and promoting overall well-being.

In practice, the CBVEBAs assumes financial responsibility for the insurance premiums and the reimbursement of medical and dental expenses incurred by the employees and their dependents under its coverage. By doing so, the organization plays a vital role in enhancing the quality of life for its beneficiaries, allowing them to focus on their professional and personal commitments without the added burden of worrying about their healthcare needs.

Furthermore, the CBVEBAs' commitment to the well-being of its members goes beyond just providing insurance coverage. The Assn is an essential partner in facilitating access to healthcare services for its members, ensuring they have the necessary resources and support to address their medical requirements effectively. This dedication to its mission ultimately leads to a stronger, healthier, and more engaged workforce for Central Bancompany Inc and its subsidiaries.

Impact

This information is meant to be a general summary of Central Bancompany Inc Voluntary Employees Beneficiary Assn. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The impact of Central Bancompany Inc Voluntary Employees Beneficiary Assn is providing valuable medical and dental coverage for the employees of Central Bancompany and its subsidiaries, as well as for their dependents. This assistance ensures that employees have access to necessary healthcare services without the burden of high out-of-pocket expenses. By covering insurance premiums and medical/dental expenses, the organization contributes to the well-being and financial security of the employees and their families. This support enhances employee satisfaction, productivity, and overall morale within Central Bancompany and its subsidiaries.





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: $116,915
  • Program Service Revenue: $24,167,601
  • Gross Receipts: $24,284,516

    • Assets and Liabilities:
  • Total Assets: $10,894,561
  • Total Liabilities: $0
  • Net Assets: $10,894,561
  • Programs

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

    Employer Contributions

    Revenue

    $13,405,160

    Participant Contributions

    Revenue

    $7,787,951

    Reinsurance Reimbursements

    Revenue

    $758,673

    Plan Rebates

    Revenue

    $2,215,817

    Organization Details

    Founding Year

    1975

    Main Address

    238 MADISON STREET, JEFFERSON CTY, MO, 651013230

    NTEE Category

    Code: Y40 - Mutual benefit

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