Overview
What is Compass Bank Employee Benefit Plan And Trust?
Compass Bank Employee Benefit Plan and Trust is a self-insured employee health plan operated by the bank. This nonprofit organization, while not explicitly mentioned in the provided information, is implied through the description of its "EMPLOYEE HEALTH PLAN" mission. It is unclear if the Trust directly provides resources or support to employees beyond the scope of their health coverage. However, it can be inferred that the Trust is responsible for managing the bank's employee benefits.
Is Compass Bank Employee Benefit Plan And Trust legitimate?
Compass Bank Employee Benefit Plan And Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Compass Bank Employee Benefit Plan And 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 Compass Bank Employee Benefit Plan And Trust?
The Compass Bank Employee Benefit Plan and Trust focuses on providing an employee health plan, operated on a self-insured basis. The mission behind this plan is to ensure the wellbeing of its employees by offering comprehensive health coverage. The primary goal is to prioritize the health needs of the workforce and secure their overall well-being. Additionally, the plan may provide resources or support services to help employees navigate their healthcare benefits and make informed decisions regarding their health. However, the provided information does not contain further details about the specifics of the mission or the additional services offered by the plan.
What is the revenue of Compass Bank Employee Benefit Plan And Trust?
Compass Bank Employee Benefit Plan And Trust's revenue in 2021 was $39,206,210.
Who are the executives of Compass Bank Employee Benefit Plan And Trust and what are their salaries?
- Pnc Bank Na (Trustee)
Where can I find the form 990 for Compass Bank Employee Benefit Plan And Trust?
The Compass Bank Employee Benefit Plan And Trust’s most recent form 990 was submitted in 2021 and can be accessed here
Mission Statement of Compass Bank Employee Benefit Plan And Trust
Compass Bank Employee Benefit Plan and Trust, a self-insured employee health plan, is dedicated to the wellbeing of its members. The organization takes pride in managing its own health insurance, ensuring personalized care and coverage for its workforce.
In simple terms, the mission of Compass Bank Employee Benefit Plan and Trust revolves around the health and welfare of its employees. By operating as a self-insured plan, the organization has the flexibility to tailor its benefits and services to meet the unique needs of its workforce. This level of customization sets the Compass Bank Employee Benefit Plan and Trust apart, allowing it to provide comprehensive care and support to its members.
By providing health coverage directly, Compass Bank Employee Benefit Plan and Trust demonstrates a strong commitment to its employees. This commitment extends beyond just insurance, as the organization likely offers additional resources and services to help its members maintain their overall wellbeing. These might include educational materials, wellness programs, or access to healthcare professionals. The result is a healthier, happier workforce that is better able to contribute to the success of the organization.
Impact
This information is meant to be a general summary of Compass Bank Employee Benefit Plan And Trust. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The impact of Compass Bank Employee Benefit Plan And Trust is significant in providing employee health benefits through a self-insured plan. This demonstrates a commitment to the well-being and welfare of employees, prioritizing their health and ensuring access to necessary healthcare services. Self-insured plans can offer more flexibility and control over healthcare costs, potentially leading to better coverage and benefits for employees. By implementing this employee benefit plan, Compass Bank is investing in the overall satisfaction and productivity of its workforce, which can have positive effects on employee retention and morale.
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 2021.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COBRA CONTRIBUTIONS
Revenue
$168,081
EMPLOYEE CONTRIBUTIONS
Revenue
$9,846,391
EMPLOYER CONTRIBUTIONS
Revenue
$29,191,231
Organization Details
Founding Year
1979
Phone
(412) 768-5892
Main Address
116 ALLEGHENY CENTER MALL P8YB3502L, PITTSBURGH, PA, 15212
NTEE Category
Code: Y40 - Mutual benefit
If you are a representative of Compass Bank Employee Benefit Plan And Trust 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.