G B S Inc Employees Welfare Benefit Plan And Trust

Organization Overview

G B S Inc Employees Welfare Benefit Plan And Trust is located in North Canton, OH. The organization was established in 1988. According to its NTEE Classification (Y20) the organization is classified as: Insurance Providers, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. G B S Inc Employees Welfare Benefit Plan And Trust is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 10/2020, G B S Inc Employees Welfare Benefit Plan And Trust generated $2.9m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $2.8m during the year ending 10/2020. As we would expect to see with falling revenues, expenses have declined by (1.4%) 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

EMPLOYEE WELFARE & BENEFIT PLAN FOR HOSPITAL, MEDICAL CARE, DENTAL, PRESCRIPTION DRUGS, LONG-TERM DISABILITY, AND TERM LIFE INSURANCE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CODE 27


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Board, Officers & Key Employees

Name (title)Compensation
Ml Merriman
Trustee
$0
Jennifer Ostapiak
Trustee
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$0
Investment income $0
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 $2,927,549

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