Bancfirst Corporation Employees Benefit Trust

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

EIN: 731415816 ✦ Oklahoma city, OK ✦ Designated as a 501(c)(9)

Overview

What is Bancfirst Corporation Employees Benefit Trust?

The Bancfirst Corporation Employees Benefit Trust is a nonprofit organization that offers self-insured medical, dental, group term life, accidental death, disability, and flexible plan benefits for full-time employees of Bancfirst Corporation, based in Oklahoma City. By assuming the risk and paying the claims from its own resources, the Trust ensures that its employees have access to essential healthcare coverage.


Is Bancfirst Corporation Employees Benefit Trust legitimate?

Bancfirst Corporation Employees Benefit Trust is a legitimate nonprofit organization registered as a 501(c)(9) entity. Bancfirst Corporation Employees 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: $1,454,193
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Bancfirst Corporation Employees Benefit Trust?
Who is the CEO of Bancfirst Corporation Employees Benefit Trust?
What is the revenue of Bancfirst Corporation Employees Benefit Trust?
Who are the executives of Bancfirst Corporation Employees Benefit Trust and what are their salaries?
Where can I find the form 990 for Bancfirst Corporation Employees Benefit Trust?

Mission Statement of Bancfirst Corporation Employees Benefit Trust

The Bancfirst Corporation Employees Benefit Trust is a self-insurance organization that plays a vital role in the welfare of Bancfirst Corporation's full-time employees. By offering self-insured medical, dental, group term life, accidental death, disability, and flexible plan benefits, this trust enables the workforce to access essential health services and financial protection.

In essence, the Bancfirst Corporation Employees Benefit Trust functions as a safety net for employees, ensuring they have access to necessary healthcare services and financial security. The organization's mission is to provide comprehensive benefits that cater to the diverse needs of the workforce, enhancing their overall well-being and peace of mind.

This trust is an integral part of Bancfirst Corporation's employee benefits package, offering various plans that cater to different aspects of health and wellness. The medical and dental plans cover a broad range of preventative, diagnostic, and treatment services, ensuring employees have access to quality care when they need it most. The group term life, accidental death, and disability insurance plans offer financial security to employees and their families in the face of unexpected events. Lastly, the flexible plan benefits allow employees to customize their benefits package to better suit their unique needs.

In summary, the Bancfirst Corporation Employees Benefit Trust is a dedicated organization that prioritizes the health and well-being of Bancfirst Corporation's employees. By offering self-insured benefits, this trust enables employees to access essential healthcare services and financial protection, ultimately enhancing their overall quality of life.

Impact

This information is meant to be a general summary of Bancfirst Corporation Employees 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 Bancfirst Corporation Employees Benefit Trust plays a crucial role in providing self-insured medical, dental, group term life, accidental death, disability, and flexible plan benefits for full-time employees of Bancfirst Corporation in Oklahoma City. By offering these benefits, the trust contributes to the well-being and security of the employees, ensuring they have access to necessary healthcare and financial protections. This impact helps attract and retain talented employees, fostering a positive work environment and overall organizational success.





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: $59,501
  • Program Service Revenue: $16,084,913
  • Gross Receipts: $16,643,516

    • Assets and Liabilities:
  • Total Assets: $5,491,057
  • Total Liabilities: $1,620,832
  • Net Assets: $3,870,225
  • Programs

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

    ASSESSMENTS

    Revenue

    $13,227,142

    FUTURE BENEFITS

    Revenue

    $2,857,771

    Organization Details

    Founding Year

    1992

    Principal Officer

    Bancfirst Trust Department

    Main Address

    PO BOX 26788, OKLAHOMA CITY, OK, 73126

    NTEE Category

    Code: Y40 - Mutual benefit

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