Overview
What is Georgia Bankers Association Insurance Trust Inc?
Georgia Bankers Association Insurance Trust Inc is a nonprofit organization based in Atlanta, Georgia, located at 50 Hurt Plaza 1050. The Trust's primary mission is to offer group medical, life, disability, and various other health insurance benefits to eligible employees of members in the Georgia Bankers Association. With a workforce of six individuals, the Trust aims to provide comprehensive insurance solutions to support the employees of its banking association members.
Official website here: www.gabankers.com
Is Georgia Bankers Association Insurance Trust Inc legitimate?
Georgia Bankers Association Insurance Trust Inc is a legitimate nonprofit organization registered as a 501(c)(9) entity. Georgia Bankers Association Insurance Trust Inc 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: $425,292
Professional Fundraising Fees: $0
Other Salaries and Wages: $230,131
For more financial information, click here
Official website here: www.gabankers.com
What is the mission statement of Georgia Bankers Association Insurance Trust Inc?
The Georgia Bankers Association Insurance Trust Inc serves as a provider of group insurance benefits for members of the Georgia Bankers Association. Its primary objective is to extend medical, life, disability, and various other health insurance benefits to eligible employees of these association members. The trust's purpose is to ensure that qualified employees within the banking industry have access to essential insurance coverage. Through the collective purchasing power of its members, the trust is able to offer competitive and comprehensive insurance packages. By providing these benefits, the trust aims to help its members maintain a healthy and secure workforce.
Official website here: www.gabankers.com
Who is the CEO of Georgia Bankers Association Insurance Trust Inc?
Tessa Nolan is the Chairman of Georgia Bankers Association Insurance Trust Inc. The CEO's salary of Georgia Bankers Association Insurance Trust Inc is $0 and their total compensation is $563,267.
Official website here: www.gabankers.com
What is the revenue of Georgia Bankers Association Insurance Trust Inc?
Georgia Bankers Association Insurance Trust Inc's revenue in 2022 was $101,532,060.
Official website here: www.gabankers.com
Who are the executives of Georgia Bankers Association Insurance Trust Inc and what are their salaries?
The average compensation at Georgia Bankers Association Insurance Trust Inc during 2022 was $109,237. There are 6 employees and 9 volunteers at Georgia Bankers Association Insurance Trust Inc.
Here are 14 key members and their salaries (Georgia Bankers Association Insurance Trust Inc's CEO's salary is $0 and their total compensation is $563,267):
- J Joseph Brannen (Interim Ceo/President) [Trustee/Director]
- Keri Brooks (Corporate Counsel)
- Edith M Lindsay (General Counsel (Retired))
- Tessa Nolan (Cfo)
- Susan T Kelley (Sr. Vice President (Retired))
- Richard Whaley (Chairman) [Trustee/Director]
- Jud Vann (Vice Chairman) [Trustee/Director]
- Chris Edwards (At Large) [Trustee/Director]
- Ryan Earnest (At Large) [Trustee/Director]
- Glenn P Willis Jr (At Large) [Trustee/Director]
- L Jackson Mcconnell Jr (At Large) [Trustee/Director]
- Philip Williams (At Large) [Trustee/Director]
- Mike Odom (At Large) [Trustee/Director]
- Brad Barber (At Large) [Trustee/Director]
Official website here: www.gabankers.com
Where can I find the form 990 for Georgia Bankers Association Insurance Trust Inc?
The Georgia Bankers Association Insurance Trust Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.gabankers.com
Learn more at the official website: www.gabankers.com
Mission Statement of Georgia Bankers Association Insurance Trust Inc
Georgia Bankers Association Insurance Trust Inc is a nonprofit organization dedicated to offering group insurance benefits to employees of members in the Georgia Bankers Association. The Trust's primary objective is to ensure eligible workers have access to comprehensive medical, life, disability, and other health insurance coverage.
Established to cater to the insurance needs of the Georgia Bankers Association members, the Trust operates as a valuable resource for providing essential insurance solutions. By pooling resources, the Trust enables its members to secure competitive insurance packages, ultimately benefiting their employees with superior coverage and financial protection.
The Trust's mission extends beyond basic insurance coverage, as it strives to provide a wide range of benefits tailored to the unique requirements of its members' workforces. By offering various insurance options, the Trust empowers its members to choose the coverage that best suits their organization's needs and their employees' wellbeing. In this way, the Georgia Bankers Association Insurance Trust Inc not only supports its members but also their employees in maintaining a healthy and secure future.
Impact
This information is meant to be a general summary of Georgia Bankers Association Insurance Trust Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Georgia Bankers Association Insurance Trust Inc's impact is significant in providing group insurance benefits to members of the Georgia Bankers Association. By offering group medical, life, disability, and other health insurance benefits to eligible employees of association members, the trust plays a crucial role in ensuring the well-being and security of individuals within the banking community in Georgia. Through its mission to provide essential insurance coverage, the trust contributes to the overall financial stability and peace of mind of those working in the banking industry in the state.
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.
MEDICAL/DENTAL INSURANCE PREMIUMS
Revenue
$96,947,473
OTHER INSURANCE PREMIUMS
Revenue
$3,993,772
Organization Details
Founding Year
1961
Phone
(404) 522-1501
Principal Officer
Tessa Nolan
Main Address
50 HURT PLAZA 1050, ATLANTA, GA, 30303
Website
www.gabankers.com
NTEE Category
Code: Y40 - Mutual benefit
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