Kansas Bankers Association Welfare Benefit Fund

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

EIN: 466532359 ✦ Topeka, KS ✦ Designated as a 501(c)(9)

Overview

What is Kansas Bankers Association Welfare Benefit Fund?

The Kansas Bankers Association Welfare Benefit Fund is a nonprofit organization located in Topeka, Kansas (610 SW Corporate View). Its mission is to provide financial assistance for hospitalization, medical care, and dental care to selected employees of banks that have opted into the plan, which is a part of the Kansas Bankers Association. The organization's primary focus is on ensuring these employees receive essential healthcare coverage.


Official website here: www.ksbankers.com

Is Kansas Bankers Association Welfare Benefit Fund legitimate?

Kansas Bankers Association Welfare Benefit Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Kansas Bankers Association Welfare Benefit Fund 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.ksbankers.com

What is the mission statement of Kansas Bankers Association Welfare Benefit Fund?

The Kansas Bankers Association Welfare Benefit Fund is dedicated to providing essential health care services for eligible employees of participating members in the association. Their primary objective is to ensure the payment of hospitalization, medical care, and dental care expenses. Through this commitment, the fund aims to alleviate financial burdens and contribute to the overall well-being of these individuals. By offering coverage for these vital services, the Kansas Bankers Association Welfare Benefit Fund plays an essential role in promoting the health and wellness of its members' workforce.


Official website here: www.ksbankers.com

Who is the CEO of Kansas Bankers Association Welfare Benefit Fund?

Eric Stofer is the Trustee of Kansas Bankers Association Welfare Benefit Fund.


Official website here: www.ksbankers.com

What is the revenue of Kansas Bankers Association Welfare Benefit Fund?

Kansas Bankers Association Welfare Benefit Fund's revenue in 2022 was $64,820,007.


Official website here: www.ksbankers.com

Who are the executives of Kansas Bankers Association Welfare Benefit Fund and what are their salaries?

There is 1 key member and their salary:

    Eric Stofer (Trustee)
  • Compensation: $0
  • Related: $105,742
  • Other: $32,670


  • Official website here: www.ksbankers.com

    Where can I find the form 990 for Kansas Bankers Association Welfare Benefit Fund?

    The Kansas Bankers Association Welfare Benefit Fund’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.ksbankers.com

    Learn more at the official website: www.ksbankers.com

    Mission Statement of Kansas Bankers Association Welfare Benefit Fund

    The Kansas Bankers Association Welfare Benefit Fund is a charitable organization that plays a significant role in providing essential healthcare services for certain employees of its participating members within the Kansas Bankers Association. In simple terms, the Fund is dedicated to ensuring the payment for hospitalization, medical care, and dental care for these employees.

    Established with a clear-cut mission, the Fund prioritizes the financial wellbeing of its members' staff by covering their healthcare expenses. By doing so, it not only alleviates the financial burden on employees dealing with health issues but also allows them to focus on their recovery without worrying about the associated costs.

    In operation, the Fund supports the healthcare needs of employees by making payments towards hospitalization, medical care, and dental care. This comprehensive coverage not only addresses immediate health concerns but also promotes long-term wellness by ensuring ongoing dental care. The Fund's efforts are crucial in ensuring that the employees of its affiliated banks have access to necessary healthcare services, providing them with peace of mind and improved quality of life.

    Impact

    This information is meant to be a general summary of Kansas Bankers Association Welfare Benefit Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Kansas Bankers Association Welfare Benefit Fund impacts the welfare of certain employees of member banks by providing for the payment of hospitalization, medical care, and dental care. This mutual benefit fund ensures that these employees have access to essential healthcare services, promoting their well-being and financial security.





    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: $112,209
  • Program Service Revenue: $64,707,798
  • Gross Receipts: $64,820,007

    • Assets and Liabilities:
  • Total Assets: $22,483,669
  • Total Liabilities: $319,651
  • Net Assets: $22,164,018
  • Programs

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

    EMPLOYER CONTRIBUTIONS

    Revenue

    $43,770,461

    PARTICIPANT CONTRIBUTIONS

    Revenue

    $20,937,337

    Organization Details

    Founding Year

    2012

    Principal Officer

    Eric Stofer

    Main Address

    610 SW CORPORATE VIEW, TOPEKA, KS, 66615

    NTEE Category

    Code: Y40 - Mutual benefit

    If you are a representative of Kansas Bankers Association Welfare Benefit Fund 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.