Overview
What is Mississippi Bankers Voluntary Employees' Association Plan & Trust?
The Mississippi Bankers Voluntary Employees' Association Plan & Trust is a nonprofit entity based in Ridgeland, Mississippi. It functions as a voluntary employee beneficiary association under IRC Section 501(c)(9). This organization collects premiums from various member banks, which are then utilized to provide medical and life insurance coverage for their employees. By pooling resources, the member banks enable their staff to access comprehensive insurance benefits.
Official website here: www.msbankers.com
Is Mississippi Bankers Voluntary Employees' Association Plan & Trust legitimate?
Mississippi Bankers Voluntary Employees' Association Plan & Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Mississippi Bankers Voluntary Employees' Association 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
For more financial information, click here
Official website here: www.msbankers.com
What is the mission statement of Mississippi Bankers Voluntary Employees' Association Plan & Trust?
The Mississippi Bankers Voluntary Employees' Association Plan & Trust functions as a voluntary employee beneficiary association under IRC Section 501(C)(9). This organization serves to provide medical and life insurance coverage for the employees of member banks. The premiums contributed by various banks are utilized to finance these essential benefits. The association operates to enhance the well-being and financial security of the employees within the banking sector.
Official website here: www.msbankers.com
Who is the CEO of Mississippi Bankers Voluntary Employees' Association Plan & Trust?
Gordon Fellows is the Trustee of Mississippi Bankers Voluntary Employees' Association Plan & Trust.
Official website here: www.msbankers.com
What is the revenue of Mississippi Bankers Voluntary Employees' Association Plan & Trust?
Mississippi Bankers Voluntary Employees' Association Plan & Trust's revenue in 2022 was $24,940,951.
Official website here: www.msbankers.com
Who are the executives of Mississippi Bankers Voluntary Employees' Association Plan & Trust and what are their salaries?
- Shannon Aker (Trustee)
- David Guyton (Trustee)
- Justin Hill (Trustee)
- Jeff Lacey (Trustee)
- Clayton Legear (Trustee)
- Jeff Mccoy (Trustee)
- Jennifer Wallace (Trustee)
- David Whalen (Trustee)
- Gordon Fellows (Plan Secreta)
Official website here: www.msbankers.com
Where can I find the form 990 for Mississippi Bankers Voluntary Employees' Association Plan & Trust?
The Mississippi Bankers Voluntary Employees' Association Plan & Trust’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.msbankers.com
Learn more at the official website: www.msbankers.com
Mission Statement of Mississippi Bankers Voluntary Employees' Association Plan & Trust
The Mississippi Bankers Voluntary Employees' Association Plan & Trust is a Voluntary Employee Beneficiary Association (VEBA) operating under IRC Section 501(c)(9). In simpler terms, it is a group formed by various member banks for the sole purpose of providing medical and life insurance benefits to their employees.
This nonprofit organization collects premiums from the participating banks and utilizes the pooled funds to provide comprehensive insurance coverage for the employees of these banks. By banding together, the banks are able to offer their staff competitive and affordable insurance plans, thereby enhancing their overall benefits package and employee morale.
The mission of the Mississippi Bankers Voluntary Employees' Association Plan & Trust is to pool resources and collaborate with member banks to ensure their staff members have access to essential medical and life insurance coverage. This partnership not only benefits the banks by offering cost-effective solutions but also significantly improves the wellbeing and financial security of their employees.
Impact
This information is meant to be a general summary of Mississippi Bankers Voluntary Employees' Association Plan & Trust. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The Mississippi Bankers Voluntary Employees' Association Plan & Trust provides valuable medical and life insurance benefits to employees of member banks. This helps ensure financial security and peace of mind for individuals and families in the banking industry. The impact of this organization is significant as it supports the well-being and welfare of bank employees, contributing to a healthier and more stable workforce in Mississippi.
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.
PREMIUMS COLLECTED
Revenue
$24,602,358
Organization Details
Founding Year
1954
Phone
(601) 948-6366
Principal Officer
Gordon Fellows
Main Address
409 WEST PARKWAY PLACE STE 100, RIDGELAND, MS, 39157
Website
www.msbankers.com
NTEE Category
Code: Y40 - Mutual benefit
If you are a representative of Mississippi Bankers Voluntary Employees' Association Plan & 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.