School Employees Benefit Trust

Organization Overview

School Employees Benefit Trust is located in Cincinnati, OH. The organization was established in 1991. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. School Employees Benefit Trust is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 12/2020, School Employees Benefit Trust generated $20.0m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $13.9m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (5.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE HEALTH CARE COVERAGE TO PARTICIPATING SCHOOL EMPLOYEES. THE MISSION OF THE TRUST IS TO PROVIDE STABLE PREMIUM RATES AND LOW EXPENSE LEVELS BY POOLING THE CLAIMS EXPERIENCE AND BUYING POWER OF PUBLIC SCHOOL DISTRICTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HEALTH CARE BENEFITS - PROVIDING MEDICAL AND PRESCRIPTION DRUGS TO PARTICIPATING SCHOOL EMPLOYEES - APPROXIMATELY 1,365 INDIVIDUALS/FAMILIES.


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Board, Officers & Key Employees

Name (title)Compensation
Jill Townsend
Trustee
$0
Lisa Baker
Trustee
$0
Kevin Dines
Trustee
$0
Joel Mahaffey
Trustee
$0
Rebecca Stotlar
Trustee
$0
Sheila Weiland
Trustee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Umr Inc
Third Party Admin
$558,935
Shafley Plan Management Services
Plan Management
$121,104
Benelogic Llc
Enroll & Aca Mgmt
$132,256
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$19,817,279
Investment income $42,559
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $19,989,967

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