Ohio Farm Bureau Health Benefits Plan Trust

Organization Overview

Ohio Farm Bureau Health Benefits Plan Trust is located in Columbus, OH. The organization was established in 2016. According to its NTEE Classification (Y44) the organization is classified as: Voluntary Employees Beneficiary Associations Government), 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. Ohio Farm Bureau Health Benefits Plan Trust is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.

For the year ending 12/2021, Ohio Farm Bureau Health Benefits Plan Trust generated $13.5m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 36.4% each year . All expenses for the organization totaled $13.6m during the year ending 12/2021. While expenses have increased by 36.8% per year over the past 5 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

THE ORGANIZATION IS A MULTIPLE EMPLOYER WELFARE ARRANGEMENT (MEWA) WHICH PROVIDES MEDICAL AND PRESCRIPTION DRUG BENEFITS FOR ITS MEMBERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ALL FUNDS ARE SPENT TO ACCOMPLISH THE TRUST'S ONLY PURPOSE WHICH IS DESCRIBED IN LINE 1 ABOVE.


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Board, Officers & Key Employees

Name (title)Compensation
Bill Patterson
Trustee
$0
Irv Bell
Trustee
$0
Frank Edward Burkett III
Trustee
$0
Greg Diestch
Trustee
$0
Mike Boyert
Trustee
$0
Chris Weaver
Trustee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Community Insurance Company
Administrative Services
$535,824
Thp Insurance Company
Administrative Services
$514,414
Consoliplex Agriculture
Contract Management
$236,894
Andrako And Associates
Insurance Agents/brokers
$395,788
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$13,538,971
Investment income $386
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 $13,539,357

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