Overview

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Est.

2019

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Alabama Bankers Association Employee Benefit Trust is a nonprofit organization dedicated to collecting contributions from participating employers to fund health and welfare plan premiums and administrative expenses. With an operating budget of $70.2K and total revenue of $7 million for the filing year 2024, the organization operates within the realm of voluntary employees beneficiary associations and personal services. It does not rely on a single funder for 50% or more of its revenue.

Mission Statement

COLLECTION OF PARTICIPATING EMPLOYER CONTRIBUTIONS TO FUND HEALTH AND WELFARE PLAN PREMIUMS AND ADMINISTRATIVE EXPENSES.
Revenues
$7M
Expenses
$7M
Net Income:
+$7.5K
Assets
$890.3K
Liabilities
$818.5K
Net Assets:
+$71.8K
Operating Budget
$70.2K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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J
Janice Cox
Board Member
G
Guy Davis
Board Member
J
Jack Hancock
Board Member

Frequently Asked Questions

What is ALABAMA BANKERS ASSOCIATION EMPLOYEE BENEFIT TRUST’s budget?
In 2024, ALABAMA BANKERS ASSOCIATION EMPLOYEE BENEFIT TRUST reported an annual operating budget of around $70 thousand. More detailed financial information is available to registered users.
What causes does ALABAMA BANKERS ASSOCIATION EMPLOYEE BENEFIT TRUST support?
ALABAMA BANKERS ASSOCIATION EMPLOYEE BENEFIT TRUST supports work in Personal services and Voluntary Employees Beneficiary Associations.
Where does ALABAMA BANKERS ASSOCIATION EMPLOYEE BENEFIT TRUST operate?
ALABAMA BANKERS ASSOCIATION EMPLOYEE BENEFIT TRUST is headquartered in MONTGOMERY, AL.