Government Employees Benefit Association Inc

Organization Overview

Government Employees Benefit Association Inc is located in Hanover, MD. The organization was established in 1979. According to its NTEE Classification (W03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Government Employees Benefit Association Inc 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, Government Employees Benefit Association Inc generated $8.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $7.7m during the year ending 12/2021. While expenses have increased by 7.3% 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

TO PROMOTE THE GENERAL WELFARE OF ITS MEMBERS BY MAKING AVAILABLE VARIOUS TYPES OF INSURANCE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE INSURANCE COVERAGE AND OTHER BENEFITS TO APPROXIMATELY 17,000 MEMBERS AT REDUCED RATES.


PROVIDE DENTAL, VISION, AND EMERGENCY TRAVEL INSURANCE COVERAGE TO MEMBERS AT REDUCED RATES.


PROVIDE SCHOLARSHIPS TO MEMBERS AND MEMBERS'FAMILIES THROUGH A PRIVATE FOUNDATION.


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Board, Officers & Key Employees

Name (title)Compensation
Tim Mohr
Chairperson Elect
$0
Terry Santavicca
Chairperson
$0
Barbara Fordyce
Treasurer(finance Chair)
$0
Kira Fuller
Secretary
$0
Gregory Klingler
Chief Oper. Officer
$0
Mona Buckley
President And CEO
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $299,575
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$299,575
Total Program Service Revenue$7,222,181
Investment income $344,760
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $558,552
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $8,425,068

Grants Awarded

Over the last fiscal year, Government Employees Benefit Association Inc has awarded $147,809 in support to 2 organizations.

Grant RecipientAmount

GOVERNMENT EMPLOYEES BENEFIT ASSOCIATION SCHOLARSHIP FOUNDATIONINC

Org PageRecipient Profile

Hanover, MD

PURPOSE: SCHOLARSHIPS TO GEBA MEMBERS/FAMILY MEMBERS

$137,809

FEDERAL EDUCATION AND ASSISTANCE FUND

Org PageRecipient Profile

Alexandria, VA

PURPOSE: CORPORATE SPONSORSHIP

$10,000
View Grant Profile

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