South Dakota Bankers Benefit Plan Trust

The South Dakota Bankers Benefit Plan Trust is a tax-exempt VEBA based in Pierre, South Dakota, with the address 109 Missouri Avenue. Established to provide group health insurance coverage to substantially all employees of participating employers, the primary mission of this trust is to ensure the payment of health benefits to its members. The organization operates as a voluntary employees' beneficiary association, and its primary purpose is to extend healthcare coverage to a significant number of employees in the participating organizations.

South Dakota Bankers Benefit Plan Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. South Dakota Bankers Benefit Plan 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

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The South Dakota Bankers Benefit Plan Trust is a tax-exempt Voluntary Employees' Beneficiary Association (VEBA), with a primary focus on providing health benefits to its members. Established to ensure group health insurance coverage for substantially all employees of participating employers, the Trust aims to offer essential health benefits to a considerable number of employees within the organization. By providing group health insurance, the Trust strives to enhance the overall well-being and financial security of its members.

David King is the Chairman of South Dakota Bankers Benefit Plan Trust.

South Dakota Bankers Benefit Plan Trust's revenue in 2022 was $19,894,999.

The South Dakota Bankers Benefit Plan Trust’s most recent form 990 was submitted in 2022 and can be accessed here