Missouri Bankers Assn Voluntary Employees Beneficiary Assn

Organization Overview

Missouri Bankers Assn Voluntary Employees Beneficiary Assn is located in Jefferson City, MO. The organization was established in 1976. According to its NTEE Classification (T03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Missouri Bankers Assn Voluntary Employees Beneficiary Assn is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 12/2021, Missouri Bankers Assn Voluntary Employees Beneficiary Assn generated $27.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $26.5m during the year ending 12/2021. While expenses have increased by 0.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

MBA-VEBA OFFERS INSURANCE BENEFITS FOR EMPLOYEES AND THEIR DEPENDENTS OF MISSOURI BANKERS ASSOCIATION MEMBER ORGANIZATIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CLAIMS INCURRED ON GROUP INS & PREMIUMS PAID ON GROUP INS FOR THE PROVISION OF HEALTH & DENTAL, LIFE, DISABILITY, ACCIDENT, AND FELONIOUS ASSAULT TO MEMBERS.


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Board, Officers & Key Employees

Name (title)Compensation
R Scott Harris
Chairman
$0
Carl C Watson
Vice-Chairman
$0
Robert E Mickey
Trustee
$0
Dwayne A Falk
Trustee
$0
Kimberly Corbin
Trustee
$0
Michael W Anderson
Trustee
$0

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$24,843,817
Investment income $11,315
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $133
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $27,015,918

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