Association Healthcare Consortium Inc

Kba Benefits Trust

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

EIN: 821170686 ✦ Louisville, KY ✦ Designated as a 501(c)(9)

Overview

What is Association Healthcare Consortium Inc?

Association Healthcare Consortium Inc is a Kentucky-based nonprofit organization, located at 600 West Main Street, Louisville, with approximately 69 local employers as members. Their primary mission is to offer health and welfare benefits to the employees and eligible dependents of these unrelated employers through a Multiple Employer Welfare Arrangement, known as KBA Benefits Trust. By pooling resources together, they aim to provide comprehensive healthcare coverage to a larger group, ultimately enhancing the wellbeing of the employees and their families.


Official website here: www.kybanks.com

Is Association Healthcare Consortium Inc legitimate?

Association Healthcare Consortium Inc is a legitimate nonprofit organization registered as a 501(c)(9) entity. Association Healthcare Consortium 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.kybanks.com

What is the mission statement of Association Healthcare Consortium Inc?

The Association Healthcare Consortium Inc serves as a collective platform for various employers to offer health coverage to their employees. With approximately 69 participating employers as of December 31, 2022, this Multiple Employer Welfare Arrangement (MEWA) provides health and welfare benefits to eligible employees and their dependents. The mission of Association Healthcare Consortium Inc is to extend health coverage opportunities to a wide range of organizations, enabling them to offer competitive benefits packages to their workforce. By pooling resources together, the consortium aims to provide more comprehensive and cost-effective healthcare solutions for the involved employers and their employees. Through this collaborative effort, the consortium strives to enhance the overall wellbeing of the workforce and promote a healthier and more productive work environment.


Official website here: www.kybanks.com

Who is the CEO of Association Healthcare Consortium Inc?

Matthew E Vance is the Board Of Trustees Chariman of Association Healthcare Consortium Inc.


Official website here: www.kybanks.com

What is the revenue of Association Healthcare Consortium Inc?

Association Healthcare Consortium Inc's revenue in 2022 was $23,556,084.


Official website here: www.kybanks.com

Who are the executives of Association Healthcare Consortium Inc and what are their salaries?

Here are 5 key members and their salaries:

    W Fred Brashear (Board Of Trustees Chariman)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Neil S Bryan (Board Of Trustees Vice Cha)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ballard W Cassady Jr (Board Of Trustees Treasure)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Timothy E Barnes (Board Of Trustees Member)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melissa Knight (Board Of Trustees Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.kybanks.com

    Where can I find the form 990 for Association Healthcare Consortium Inc?

    The Association Healthcare Consortium Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.kybanks.com

    Learn more at the official website: www.kybanks.com

    Mission Statement of Association Healthcare Consortium Inc

    Association Healthcare Consortium Inc, a Multiple Employer Welfare Arrangement, is dedicated to extending health coverage to the employees of diverse unrelated businesses. By pooling resources, this organization offers eligible employees and their dependents with competitive and comprehensive healthcare benefits. The mission of Association Healthcare Consortium Inc is to bridge the gap in healthcare access for a vast network of participating employers and their workforce. With approximately 69 Kentucky-based employers on board as of December 31, 2022, the organization provides a valuable solution to the health and welfare needs of numerous businesses and their staff. By collaborating and sharing resources, Association Healthcare Consortium Inc empowers its members to offer attractive benefits packages, ensuring their employees have access to essential healthcare services.

    Impact

    This information is meant to be a general summary of Association Healthcare Consortium Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Association Healthcare Consortium Inc's impact is providing healthcare benefits to eligible employees and their eligible spouses/dependents through a Multiple Employer Welfare Arrangement. With approximately 69 Kentucky-based employers participating in this VEBA, the organization is fulfilling its mission to provide health coverage to participating employers and their respective employees in Louisville, KY. This impact extends to promoting the well-being and welfare of individuals and families by facilitating access to essential healthcare services.





    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: $210,910
  • Program Service Revenue: $23,345,174
  • Gross Receipts: $23,556,084

    • Assets and Liabilities:
  • Total Assets: $16,877,811
  • Total Liabilities: $2,735,669
  • Net Assets: $14,142,142
  • Programs

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

    Employer Premium

    Revenue

    $23,345,174

    Organization Details

    Founding Year

    2017

    Principal Officer

    Matthew E Vance

    Main Address

    600 West Main Street, Louisville, KY, 40202

    NTEE Category

    Code: Y43 - Mutual benefit

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