Private Education Employers' Trust

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

EIN: 436422525 ✦ St louis, MO ✦ Designated as a 501(c)(9)

Overview

What is Private Education Employers' Trust?

Private Education Employers' Trust (PEET) is a collaborative consortium of nine small, private, non-profit independent schools and colleges in St. Louis, Missouri (63101). By pooling their resources, PEET enables its members to collectively purchase group health insurance, thereby securing improved pricing and broader access to insurance coverage for their participants. The mission of PEET lies in providing group insurance coverage for these private educational institutions.


Is Private Education Employers' Trust legitimate?

Private Education Employers' Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Private Education Employers' 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


What is the mission statement of Private Education Employers' Trust?
Who is the CEO of Private Education Employers' Trust?
What is the revenue of Private Education Employers' Trust?
Who are the executives of Private Education Employers' Trust and what are their salaries?
Where can I find the form 990 for Private Education Employers' Trust?

Mission Statement of Private Education Employers' Trust

Private Education Employers' Trust (PEET) is a consortium of nine small, private, not-for-profit independent schools and colleges pooling their resources to purchase group health insurance collectively. In doing so, PEET aims to provide better pricing and access to participants. The organization's mission lies in offering group insurance coverage for the education sector.

PEET is a unique collaboration among independent schools and colleges, working together to secure comprehensive and cost-effective health insurance solutions. By combining their buying power, these institutions ensure that their employees have access to quality insurance benefits, which is essential for attracting and retaining top talent. The trust empowers its member schools to offer competitive benefits packages, allowing them to maintain a strong workforce and, by extension, provide an optimal educational experience for their students.

The collective bargaining power of PEET enables its members to negotiate favorable rates and coverage terms with insurance providers. This collaborative approach to purchasing group insurance leads to better pricing and access for the participating institutions and their employees. The trust's mission to provide group insurance coverage for private schools not only benefits the institutions but also the individuals they employ, ultimately contributing to the overall well-being of the educational community.

Impact

This information is meant to be a general summary of Private Education Employers' Trust. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Private Education Employers' Trust has a significant impact on the private schools and colleges within its consortium by providing access to group health insurance coverage at better pricing through collective pooling of resources. This enables participating institutions to offer comprehensive insurance benefits to their employees, enhancing the overall employee satisfaction and well-being within the educational sector. Additionally, by leveraging the power of collaboration, PEET contributes to the sustainability of these private educational entities, allowing them to allocate resources more effectively towards their core missions of providing quality education to students. This mutual benefit approach not only supports the staff and faculty members of the member institutions but also strengthens the educational community in St. Louis, Missouri, and beyond.





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: $423
  • Program Service Revenue: $12,210,994
  • Gross Receipts: $12,211,417

    • Assets and Liabilities:
  • Total Assets: $393,729
  • Total Liabilities: $0
  • Net Assets: $393,729
  • Programs

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

    MEMBER ASSESSMENTS

    Revenue

    $12,210,994

    Organization Details

    Founding Year

    1992

    Principal Officer

    Beth Brookshier

    Main Address

    701 MARKET STREET 300, ST LOUIS, MO, 63101

    NTEE Category

    Code: Y40 - Mutual benefit

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