Escambia School District Benefit Trust

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

EIN: 592547974 ✦ Pensacola, FL ✦ Designated as a 501(c)(9)

Overview

What is Escambia School District Benefit Trust?

The Escambia School District Benefit Trust is a nonprofit organization based in Pensacola, Florida, with the address 75 North Pace Boulevard, 32505. Its mission is to provide insurance benefits to eligible employees and retirees of the Escambia County School District, Florida, and their covered dependents. In the given year, the organization offered health insurance, including medical, hospital, surgical, and major medical, to over 3,800 individuals. Dental insurance was provided to more than 6,100 employees and retirees, while life insurance benefits were extended to over 6,900 individuals. The Escambia School District Benefit Trust aims to offer life and medical benefits to employees and their eligible dependents covered by the plan who require medical care upon meeting the service and other requirements described in the plan.


Official website here: www.escambia.k12.fl.us

Is Escambia School District Benefit Trust legitimate?

Escambia School District Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Escambia School District Benefit 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


Official website here: www.escambia.k12.fl.us

What is the mission statement of Escambia School District Benefit Trust?

The Escambia School District Benefit Trust is dedicated to providing insurance benefits to eligible school district employees, retirees, and their dependents. Its mission is to offer life and medical coverage for those individuals who require medical care after meeting the specified service and other requirements as outlined in the plan. In the current year, the trust provided health insurance, which included medical, hospital, surgical, and major medical coverage, to over 3,800 eligible individuals. Dental insurance was offered to over 6,100 employees and retirees, while life insurance benefits were extended to over 6,900 employees and retirees.


Official website here: www.escambia.k12.fl.us

Who is the CEO of Escambia School District Benefit Trust?

Timothy Smith is the Principal Officer of Escambia School District Benefit Trust.


Official website here: www.escambia.k12.fl.us

What is the revenue of Escambia School District Benefit Trust?

Escambia School District Benefit Trust's revenue in 2022 was $40,548,196.


Official website here: www.escambia.k12.fl.us

Who are the executives of Escambia School District Benefit Trust and what are their salaries?

Here are 4 key members and their salaries:

    Timothy A Smith (Trustee)
  • Compensation: $0
  • Related: $171,114
  • Other: $0

    • Terry St Cyr (Trustee)
  • Compensation: $0
  • Related: $132,793
  • Other: $0

    • Dwight K Leonard (Trustee)
  • Compensation: $0
  • Related: $120,274
  • Other: $0

    • Wells Fargo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.escambia.k12.fl.us

    Where can I find the form 990 for Escambia School District Benefit Trust?

    The Escambia School District Benefit Trust’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.escambia.k12.fl.us

    Learn more at the official website: www.escambia.k12.fl.us

    Mission Statement of Escambia School District Benefit Trust

    Escambia School District Benefit Trust, a notable organization, is dedicated to extending insurance benefits to eligible employees and retirees of the District School Board of Escambia County, Florida, and their covered dependents. In the present year, this trust has offered a spectrum of insurance coverage to more than 3,800 eligible individuals, which includes health insurance with medical, hospital, surgical, and major medical benefits. Furthermore, dental insurance has been extended to over 6,100 employees and retirees enrolled in the dental plan. In addition, life insurance benefits have been granted to over 6,900 employees and retirees.

    The Escambia School District Benefit Trust has been working diligently to ensure that eligible individuals in need of medical care receive the necessary coverage following the specified service and other plan requirements. This trust's primary objective is to provide essential life and medical benefits to those employed by the District School Board of Escambia County, Florida, and their eligible dependents. By doing so, it contributes to the overall well-being of the educational community, enabling them to focus on their professional and personal growth without worrying about their health and financial security.

    Impact

    This information is meant to be a general summary of Escambia School District Benefit Trust. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Escambia School District Benefit Trust provides essential insurance benefits to eligible school district employees, retirees, and their dependents. This includes offering health insurance, dental insurance, and life insurance to thousands of individuals each year. The trust's impact is significant as it ensures that these individuals have access to necessary medical care and coverage for themselves and their families. By providing these benefits, the trust plays a crucial role in supporting the well-being and financial security of those connected to the District School Board of Escambia County, Florida.





    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: $50,329
  • Program Service Revenue: $40,497,867
  • Gross Receipts: $40,548,196

    • Assets and Liabilities:
  • Total Assets: $24,346,398
  • Total Liabilities: $8,132,451
  • Net Assets: $16,213,947
  • Programs

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

    EMPLOYER PREMIUMS

    Revenue

    $26,746,957

    EMPLOYEE PREMIUMS

    Revenue

    $10,254,897

    OTHER OPERATING REVENUE

    Revenue

    $3,496,013

    Organization Details

    Founding Year

    1983

    Principal Officer

    Timothy Smith

    Main Address

    75 NORTH PACE BOULEVARD, PENSACOLA, FL, 32505

    NTEE Category

    Code: Y40 - Mutual benefit

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